Dry Cargo

All the latest news on dry bulk shipping covering shipowners, charterers, regulations, freight rates and the BDI, fleet developments and newbuildings.

Mar 04, 2021

Indian shipowner Transworld Group is continuing to grow its dry bulk fleet with acquisition of a handysize vessel.

Great Eastern Shipping, Foresight lead list of contenders in SCI’s privatisation

Mar 03, 2021

Great Eastern Shipping Co and the London-based Foresight Group are among the leading names that have put in bids to buy national carrier Shipping Corporation of India (SCI), which has been put up for sale by the Indian government.

Dajin Heavy Industry bags six newbuilding contracts

Feb 25, 2021

Dajin Heavy Industry, a subsidiary of Bestway Marine and Energy Technology, has signed two shipbuilding contracts for the construction of four bulk carriers and two deck cargo ships.

Challenging year ahead for dry bulk after strong start: Bimco

Feb 25, 2021

Dry bulk shipping looks set to face a challenging year ahead despite having enjoyed an “unseasonably robust start” to 2021, according to Bimco.

Maersk Tankers and Cargill in joint bunker procurement venture

Feb 23, 2021

Maersk Tankers and Cargill are launching a new joint bunker procurement service both for their own fleets and to serve third party tramp shipping and trading houses.

Dry bulk shipping looks bullish in Year of the Ox: MSI

Feb 23, 2021

A normally quiet time of the year for dry bulk shipping is seeing increased activity backed by slowing net fleet growth, signalling positive near-term earnings for the market, according to consultancy firm MSI.

Swire Shipping opens new office in Lae port, Papua New Guinea

Feb 22, 2021

Swire Shipping celebrated the official opening of its new office in the Port of Lae, Papua New Guinea (PNG) on Friday.

Full steam ahead for shipping stocks

Feb 19, 2021

Shipping stocks in the US are drawing a new found interest and volume and analysts believe that the market could be headed for a multi-year upturn.

ITF calls on owners to follow MSC’s lead on seafarers stranded off China

Feb 18, 2021

The International Transport Workers’ Federation (ITF) has called on owners of vessels stranded for many months off China to follow the lead of MSC on crew change.

Eagle Bulk buys three more secondhand Crown-58 supramaxes

Feb 15, 2021

Nasdaq-listed Eagle Bulk Shipping has announced the acquisition of three secondhand supramax bulk carriers for a total of $21.15m and using 329,583 common shares of the company.

Dry Cargo

All the latest news on dry bulk shipping covering shipowners, charterers, regulations, freight rates and the BDI, fleet developments and newbuildings.

Keep You Informed