Industry Sectors:Dry Cargo

Dry Cargo

Shanghai-listed Cosco Shipping Specialised Carriers has posted a sharp fall in net profit for 2016 compared to the previous financial year due to the sluggish shipping market.
After a rocky start, the freight market has set off for a campaign of recovering lost ground in 2017, in the process regaining some of the glory seen in the…
China Merchants Energy Shipping (CMES) has projected a surge in 2016 net profit over the previous year due mainly to higher earnings from both its tanker and bulker shipping arms,…
Wilmar’s shipping arm Raffles Shipping Corporation has booked six 19,700-dwt oil and chemical tankers at China’s Jinhai Heavy Industry.
A christening and delivery ceremony for U-Ming’s pair of new 188,000-dwt capesize bulkers took place at Shanghai Waigaoqiao Shipbuilding (SWS) in China earlier this week.
After an optimistic start during the first week of 2017, the freight rates seem to slip into its old self again recording a string of losses this week. Suddenly, the…
Uni-Asia Holdings has informed that one of its bulk carriers had collided with a fishing boat in South Korean waters on 11 January, leading to the capsize of the fishing…
With a growth of 6.5% in vessel numbers and 10.26% in carrying capacity Greek shipping continued to power forward in 2016, an impressive feat, given the challenging market conditions limited…
Hong Kong-based Pacific Basin Shipping (PacBasin) announced the future resignation of cfo Andrew Broomhead by the end of the year.
Dry bulk shipowner Courage Marine has announced a plan to raise up to HKD97.03m ($12.51m) from the placing of 25.4m new shares.
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