Dry Cargo

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

Tomini Shipping adds supramax bulker to fleet

Jul 15, 2020

Dubai-based Tomini Shipping has continued its fleet expansion adding a supramax bulker.

Greek shipowner ‘tonne millionaires’ increase to 75

Jul 13, 2020

A survey of Greece’s shipowners and operators by Naftiliaki Greek Shipping shows the number operating fleets of over 1m dwt has increased to 75 from 72 a year earlier.

Swire Bulk to be separated from China Navigation Co

Jul 09, 2020

Swire is splitting its bulk shipping activities away from China Navigation Company (CNCo) into a new entity Swire Bulk.

Cosco Shipping Bulk and Beibu Gulf Port ink cooperation agreement

Jul 08, 2020

Cosco Shipping Bulk and Beibu Gulf Port have signed cooperation framework agreement at Nanning, Guangxi province, to jointly develop shipping and logistics business.

Seanergy buys capesize at ‘historically low purchase price’

Jul 08, 2020

Seanergy Maritime Holdings Corp has entered into an agreement to acquire a secondhand capesize bulk carrier for $11.4m, a price that the company sees to be at historic low.

Seaborne trade to contract by 1bn tonnes in 2020: Clarksons

Jul 06, 2020

Seaborne trade is set to drop by 1bn in 2020 due to the impact of the Covid-19 pandemic according to Clarksons, but there are signs the industry is passing “peak” impact.

SGX reports 19% jump in FFA contracts in H1 2020

Jul 02, 2020

The Singapore Exchange (SGX) reported a 19% jump in FFA (forward freight agreements) volume in the first half of the year powered by iron ore trade

Norden orders four ultramax bulkers at Chinese yard

Jun 30, 2020

Denmark’s Norden has ordered four 61,000-dwt dry bulk ultramax carriers at China’s Nantong Cosco Khi Ship Engineering (Nacks).

Greek bulker destroys rail bridge in Panama Canal collision

Jun 25, 2020

The 37,322-dwt bulker Bluebill was northbound transiting in ballast condition when it suffered a collision with the Gamboa Bridge, located on the east side of the Gaillard Cut at the Chagres River.

GoodBulk seals $200m refinancing for its fleet

Jun 25, 2020

Dry bulk owner GoodBulk has reached an agreement with its banks to seal a $200m refinancing deal for its fleet.