Oman Shipping Company (OSC) is reinforcing its position in the dry bulk cargo market as it expands its fleet with recent newbuilding deliveries from a Chinese shipyard.
DryShips Inc chairman and ceo George Economou will take his company private following an approved ‘plan of merger’ to acquire all of the company’s outstanding shares currently held by outside investors.
In spite of the ‘Dog Days’ of summer, second quarter earnings reports from listed companies are in season; unfortunately, they reveal the cooled down and generally chilled nature of investor attitudes regarding the sector.
Foreseeable strong Indian coal imports is expected to lend continued support to rates in the panama bulk sector in the coming quarters, following already climbing rates so far this year, according to analyst Drewry.
The global availability of safe compliant bunker fuels remains a key question largely unanswered with less than six months away from the IMO 2020 regulation, Intercargo said as it raises safety concerns.Intercargo (International Association of Dry...
Safe Bulkers has completed the installation of its first scrubber on a post-panamax vessel, following up on its previously announced plan to retrofit scrubbers on close to half of its fleet of 41 bulk carriers.The retrofitting of the exhaust gas...
Australia’s BHP is introducing low emissions freight as it is calling a tender for the world’s first LNG-powered bulk carrier to transport up to 27m tonnes of iron ore...
NYK Line has approached compatriot Japan Marine United Corporation (JMU) to construct a next-generation, scrubber-fitted bulk carrier on the back of a long term charter contract with JFE Steel Corporation.The 211,000-dwt capesize bulk carrier will...
Lauritzen Bulkers will open a new office in Dubai, UAE in August this year as it seeks to tap on the anticipated growth of the Middle East region.The dry bulk division of Denmark’s J. Lauritzen currently has offices in Copenhagen, Singapore and...