AMSA Detains Bulker for Illegal Cargo Unlashing

AMSA Detains Bulk Carrier for Illegal Cargo Unlashing

Australian Maritime Safety Authority has released the Singapore-flagged bulk carrier Orient Becrux from the Port of ...

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EximBank China Approves USD 494m in Shipbuilding Loans

EximBank China Approves USD 494m in Shipbuilding Loans

Export-Import Bank of China has granted a USD 312 million loan to Shanghai Waigaoqiao Shipbuilding for the ...

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Drewry Expects Modest Recovery in Dry Bulk Sector

Drewry Expects Modest Recovery in Dry Bulk Sector (2)

The depressed dry bulk market could recover partly in 2015 and underlying earnings could improve marginally, ...

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Cargo Ships Collide off Latvia

Cargo Ships Collide off Latvia

The Danish-flagged tanker Maersk Etienne and Panama-registered dry bulk carrier Coral Opal collided in Irbe Strait ...

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Pan Ocean Issues More Shares

PAN OCEAN

South Korean-based shipowner Pan Ocean has issued another batch of shares within its restructuring scheme worth USD ...

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Navig8 Boosts Ranks

Navig8 Boosts Ranks

Two chemical tankers and two dry bulk carriers have joined Navig8 Group’s shipping pools in January.  The ...

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Cosco Scraps Seventeen

COSCO Scraps Seventeen

China Cosco Holdings had disassembled 17 vessels, including four container vessels and 13 bulk carriers in the ...

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Cargo Ship Runs Aground in the Black Sea

Cargo Ship Runs Aground in the Black Sea

Turkish Coast Guard rescued ten seamen from a cargo ship that ran aground on Wednesday near Turkey’s Black ...

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Yangzijiang Shipbuilding Ends 2014 with 13 New Orders

Yangzijiang Shipbuilding Ends 2014 on High Note

Singapore-listed Yangzijiang Shipbuilding Limited has reported a strong finish to 2014, entering into thirteen new ...

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Diana Shipping Completes Loan Drawdown

Diana Shipping Completes Loan Drawdown

NYSE-listed owner and operator of dry bulk carriers Diana Shipping on December 19 completed a drawdown of USD 53.5 ...

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BIMCO: Faster Steaming Not an Option

Faster Steaming for Dry Sector Not an Option

Despite fall in bunker fuel costs that have been almost halved in the past six months dropping from USD 600 to USD ...

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Spanish Docker Dies on Board Bulk Carrier

Spanish Docker Dies on Board Bulk Carrier

A dock worker died on Wednesday morning inside the hold of the Panama-flagged bulk carrier Hanjin Sines while ...

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Pan Ocean Selects Preferred Bidder

Pan Ocean Selects Preferred Bidder

Harim Group & JKL Consortium has been selected as the preferred bidder for Pan Ocean’s fleet. The ...

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Imabari Hands Over Bulk Carrier

Imabari Hands Over Bulk Carrier

Japanese Imabari Shipbuilding held the naming and delivery ceremony of its latest newbuilding, a 84,000 dwt bulk ...

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Tanker Market Flourishing, Dry Bulk Mostly Down

anker Market Flourishing, Dry Bulk Mostly Down

The Drewry All Earnings Index, which covers the main bulk shipping markets, jumped 53% in October to stand at 200 ...

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Bulk Carriers to Cut Costs at Nowa Nowa

Bulk Carriers to Cut Costs at Nowa Nowa

Australia’s Eastern Iron Limited has received a scoping level report from independent shipping consultants, ...

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Hanjin Stacking Up Orders

Hanjin Stacking Up Orders

South Korea’s shipbuilder Hanjin Heavy Industries & Construction (HHIC) has signed a nearly USD 200 ...

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Gate Terminal to Upgrade Break Bulk Infrastructure

Dutch LNG Terminal to Upgrade Break Bulk Infrastructure

Gate terminal, the first LNG import terminal in the Netherlands, has signed a EUR 76 million (USD 95.4m) financing ...

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New Bulk Cargo Terminal for Novorossiysk Port

New Bulk Cargo Terminal for Novorossiysk Port

Novorossiysk Commercial Sea Port Group (NCSP) has entered into an agreement with Metalloinvest to construct a ...

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First Fully Owned Cape Newbuild for Oldendorff

First Fully Owned Cape Newbuild for Oldendorff

Germany’s bulk transportation company Oldendorff Carriers has taken delivery of its first owned Capesize ...

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Dry Bulk Market Facing Bleak Prospects

Dry Bulk Market Facing Bleak Prospects

The Hong Kong-listed Pacific Basin Shipping has issued its Third Quarter 2014 Trading Update, stating that the dry ...

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