Dry Cargo

Copenhagen: The global economy continues to expand in 2013 which is good news for dry bulk shipping as newbuild deliveries fall significantly from 2012 levels, Bimco announced in its market…
Singapore: Indian-owned dry bulk shipping firm Mercator Lines is planning to sell a vessel and to terminate two of its long term chartered-in vessels as part of efforts to lower…
Singapore: Mercator Lines (Singapore) has warned it will report a loss for the nine months ended 31 December 2012 due a loss on the sale of a VLOC and charter…
Bangkok: Thailand-based Precious Shipping posted a 80% plunge in full year net profit due largely to higher operating costs.
Tokyo: One of the world's largest shipowners Mitsui OSK Lines (MOL) plans to cut 50 dry bulkers and 20 tankers from its 250 strong fleet by 30 March 2014.
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