Dry Cargo

China State Shipbuilding Corporation (CSSC), has inked newbuilding contracts for 36 newbuildngs worth a total contracts value of over RMB10bn ($1.48bn) and financed by its Hong Kong leasing arm.
The scale of the challenge facing ship operators as they prepare bunker tanks for new low-sulphur fuels ahead of the IMO’s 2020 sulphur cap may have been underestimated, according to…
Freight rate opened the week on weaker market fundamentals with concern over the China’s economic slowdown and the softening Panamax market. These left the Capesize market with little trading activities…
Kim Wan-joong, ceo of Polaris Shipping, and four others are facing arrest warrants over the tragic sinking of VLOC Stellar Daisy 22 months ago.
Oman Shipping Company (OSC) is eying an ambitious fleet expansion plan after it ordered two eco-friendly newbuild VLCC at South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME).
China Merchants Energy Shipping (CMES) expects to record around RMB11.3-RMB12.5bn net profit in 2018, $1.84bn a huge increase of 84%-104% year-on-year.
China Navigation Co (CNCo) is acquiring the dry bulk shipping business of Hamburg Süd as the German company focuses on container shipping as part of Maersk.
Oldendorff has sold three self-unloaders to Algoma for $100.5m effectively exiting the CSL Pool.
Last year proved to be "challenging but positive" and "cautious optimism" seems to sum up the feeling in the industry when it comes to 2019, judging from comments made by…
Whilst many people believe that the IMO’s ambition to reduce shipping’s 2050 carbon emissions by at least 50% compared with 2008 levels appears to be an almost impossible target, shipping…
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