Too Much Dry Bulk Tonnage, Capesize Rates Continue Their Plunge
(Bloomberg) — Daily rates for the largest commodity carriers fell for a fourth session amid a surplus of available ships to haul cargoes. Returns for
(Bloomberg) — Daily rates for the largest commodity carriers fell for a fourth session amid a surplus of available ships to haul cargoes. Returns for
COSCO Corporation (Singapore) Limited announced today that their COSCO (Dalian) Shipyard subsidiary has delivered a Kamsarmax bulk carrier of 80,000DWT,
(Bloomberg) — Earnings for the largest commodity carriers fell for a third day as vessels outnumbered cargoes after last week’s gains drew idled
(Bloomberg) — When Eike Batista pitched investors on $6 billion in stock offerings over the past six years, he was selling more than his personal empire
COSCO Shipyard Group Co., a 51 percent-owned subsidiary of the COSCO Corporation, announced today that the following newly-built bulk carriers have just been
Newly established marine support and logistics joint venture, Smit Lamnalco, has recently played a pivotal role in bringing two export projects to fruition
(Bloomberg) — Record coal stocks at power plants in China, the biggest consumer of the fuel, are threatening to reverse the rally in rates for commodity
Greek shipowner Goldenport Holdings Inc, (LSE: GPRT) announced today that it has concluded the sale of the Lindos, a 1990-built bulk carrier, to the
ATHENS, GREECE – Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the ownership and operation of dry bulk vessels, announced
Deltamarin has entered into a contract with CSSC / Guangzhou Wenchong Shipyard Co. Ltd. (China) for the design of B.Delta25 bulk carriers. This is the first
ATHENS, GREECE – International dry bulk shipping company, Diana Shipping Inc. (NYSE: DSX), announced today that it has entered into a time charter
COSCO Corporation (Singapore) Limited announced today that COSCO Zhoushan Shipyard Co., a subsidiary of the Company’s 51% owned COSCO Shipyard Group Co.,
ATHENS – Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) announced today that they have entered into new time charter agreement for one of their
Eagle Bulk Shipping Inc. (Nasdaq:EGLE) said today that it has reached an agreement with its lenders that will allow the U.S.-based bulk vessel owner to
Greek shipowner, Paragon Shipping Inc. (NYSE: PRGN), announced today that it has taken delivery of the M/V Precious Seas, a 37,205 dwt Handysize vessel, from
The Berge Acongagua, owned by Norwegian company Bergesen Worldwide (BW Group) and operated by Brazilian mining group, Vale, docked at Nippon Steel Corporation
Navios Maritime Partners (NYSE: NMM), an owner and operator of dry cargo vessels, said today that it has purchased the Navios Buena Ventura, a 2010
By Jarle Hammer, Republished from the DNV Bulk Carrier Update The dry bulk market has deteriorated significantly over the last six months, although rates have
Greek shipowner Seanergy Maritime Holdings (NASDAQ:SHIP) announced the sale of their 1995-built, 172,173 DWT Capesize bulk carrier, BET Scouter, now destined
TOKYO – Mitsui O.S.K. Lines, Ltd. announced their plans today for the scrapping or cold lay-up of 10 to 20 Capesize bulkers in consideration of this
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