Hellenic Carriers Sells 21-Year Old Bulk Carrier to Dianik Bross for $5.3 Million
Hellenic Carriers Limited (AIM: HCL), an international provider of marine transportation services for dry bulk cargoes, announced today that, in continuation
Hellenic Carriers Limited (AIM: HCL), an international provider of marine transportation services for dry bulk cargoes, announced today that, in continuation
A plunge in iron ore prices and shipping costs means it’s cheaper for Chinese steel mills to buy the material from Brazil more than 8,000 nautical miles
(Bloomberg) — D/S Norden A/S, Europe’s biggest commodity shipping company, is poised for a second consecutive quarterly profit after concluding
The Great Lakes’ largest freighter ran hard aground this week while carrying 62,000 tons of coal on the outbound channel of the St. Marys River. The USCG
Thoresen Thai Agencies Pcl plans to almost double its dry-bulk shipping fleet in three years as a focus on Europe-U.S. cargos shields it from tumbling rates
DryShips Inc.’s (DRYS) second-quarter loss narrowed as revenue improved and vessel-impairment expenses weighed on year-ago results. However, shares fell
SEOUL–STX Pan Ocean Co. (028670.SE), South Korea’s largest bulk carrier by sales, said Tuesday it swung to a net loss in the second quarter as
(Bloomberg) — Reduced congestion in Chinese and Brazilian ports is cutting earnings for ships hauling raw materials, according to RS Platou Economic
(Bloomberg) — The cheapest iron ore in 31 months and the lowest shipping costs on record are poised to increase the number of cargoes going to China,
Principals of Rethymnis & Kulukundis Ltd., the UK-based shipbrokers and agents, have taken delivery of the first vessel built at Daewoo Shipbuilding and
(Bloomberg) — Daily rates for Panamax vessels, that typically haul coal and grains, plunged to the lowest in more than eight weeks as a glut of ships
The SS-097 is the last in a series of six newly acquired bulk carriers by Ugland Bulk Transport of the same design. The pool operating company Ugland Bulk
Australia’s Transport Safety Bureau (ATSB) announced Monday that an improperly installed piece of steering gear caused the April 2011 grounding of a
(Bloomberg) — The number of cargoes booked on Panamax bulk carriers, the largest to transit the Panama Canal, slumped 33 percent in July amid slowing
RIO DE JANEIRO–Brazilian mining giant Vale SA (VALE, VALE5.BR) continues to negotiate for access to Chinese ports for its Valemax large iron-ore
Among a bit of doom and gloom lately with the fluctuations in the dry bulk market, Navios Maritime Partners L.P. (NYSE: NMM), an owner and operator of dry
The first of four Panamax bulk carriers ordered by the Shipping Corporation of India Ltd. (SCI) were delivered last Friday by STX (Dalian) Shipbuilding Co.
(Bloomberg) — Rates for ships that carry dry-bulk commodities will recover later than previously estimated as demand for cargoes slows, according to
The Star Polaris, a 173k DWT Capsize bulk carrier owned by Star Bulk is well on its way to being a cursed ship and she’s not even two years
In a move to reduce debt, and to the overall benefit of the struggling dry bulk industry, Seanergy Maritime Holdings Corp (NASDAQ: SHIP) announced today that
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