Greek shipowner Paragon Shipping has posted another year of net loss as the global dry bulk shipping market continues to remain gloomy.

Total ship losses totalled 94 vessels in 2013, a 20% reduction on 2012's figure, according to a report from Allianz Global, Corporate and Speciality (AGCS).

An improving shipping portfolio helped impairment losses at DNB Bank fall in 2013 to NOK2.1bn ($354m), down NOK994m from 2012's result.

The CMA CGM group has become the first shipping line to add a call at Buchanan, in Liberia, for two decades.

Dry bulk shipping company Jinhui Holdings saw 2013 net profit fall 22% to HKD120.8m ($15.6m) from HKD154.8m previously as revenue for the year also slid 7% to HKD1.95bn from HKD2.10bn in 2012.

Thoresen Shipping Singapore has signed a memorandum of agreement to buy three secondhand dry bulk carriers at a total price of $70m.

The ports of Antwerp and Rotterdam have declared their opposition to the proposed postponement of tighter NOx emission regulation in the North Sea and English Channel.

Lloyd’s Register has conducted a study in conjunction with University College London to establish shipping’s fuel mix by 2030.

Intra-Asia specialist SITC International Holdings bucked the trend with a 44% rise in net profit for 2013 to $113.1m from $78.5m the year before although revenue rose just 4.5% to $1.27bn. However SITC did suffer from a $17m provision for...

Sinopacific Shipbuilding Group has bagged contracts to build two 82,000 dwt dry bulk carriers with an option for two additional similar vessels for Shandong Bohi Industry Co.