Hong Kong: China Rongsheng Heavy Industries has delivered two more 380,000 dwt VLOC each to Vale and Oman Shipping Company on Friday.

Hong Kong: Courage Marine has sold another bulker for scrap at a $2.23m loss.

Jakarta: In what must come as good news for smaller dry bulk shippers in the Pacific trades, Indonesia said it will allow some exports of raw mineral ore  even after the ban is scheduled to kick in from 2014 to give miners more time to build their...

Hong Kong: Dry bulk shipping firm Pacific Basin entered into an agreement to issue new convertible bonds to raise approximately $123.8m.

London: Overall confidence levels in the global shipping industry dipped to a four-year low in the three-month period ended August 2012, according to the a latest survey from international accountant and shipping adviser Moore Stephens.

Zhoushan: Deliveries are continuing apace at Cosco (Zhoushan) as it announced the delivery the 57,000-dwt dry bulk carrier Asian Triumph, to its Asian buyer.

Taizhou: China-based Taizhou Kouan Shipbuilding bagged an order to build two 76,000 dwt dry bulk carriers for a Germany-based shipowner.

Singapore: The Singapore Exchange (SGX) has added OTC options to its FFA and iron ore swaps products.

Hong Kong: Dry bulk shipping firm Pacific Basin Shipping has agreed to sell all of its six ro-ro vessels to Atlantica SPA Navigazione, a Grimaldi Group Company, for €153m ($194m).

Hong Kong: Further reflecting the grim state of the overall commodities sector in China, HSBC's analysts have been quoted as saying China Cosco's dry bulk segment will lose money at least until 2014 from hauling dry-bulk commodities as rates...