Regulation fuels reality check
Clarkson analyst says Indonesia’s efforts to curb mineral exports will hurt but may buoy bulker market in the long-term.
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Sanko Steamship stuck in limbo
Seized bulker still in custody after Cobelfret helps troubled Japanese operator clear first hurdle in race to lift arrest.
TTA improving, but still losing
Thai shipowner was firmly in the red in the second quarter, but results were better than Q1 disaster.
NewLead Holdings bets on bluegrass
US-listed owner lines up surprise Kentucky thermal coal venture as massive debt load and losses prompt strategy shift.
Jebsen cement carrier refloated
Malta Cement cleared to proceed after suffering small crack to hull in grounding off Sweden.
Allied ices talk of Achilles heel
Embattled Greek bulker clan's legal eagle says dry downturn wasn’t the root cause of crippling cash squeeze.
FreeSeas inks deal to free cash
Agreement with fund manager will allow Ion Varouxakis-led owner to raise funds via share sales.
Allied closes in on cash lifeline
Dimitris Marinis-backed operator says cash infusion will be the key to avoiding insolvency and restoring tarnished reputation.
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Chartering | Dry cargo
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Capesizes continue to close the gap on panamaxes following another day of contrasting fortunes. Capesizes:
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Improvement in the Pacific helps the capesize index progress by a single point Tuesday. Capesizes:
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BDI dips a bit further as a limited number of charters are signed in the first session of the week. Capesizes:
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Norden red but ahead in Q1
Danish owner sees bottom line change colour thanks to a huge impairment, but its adjusted figures beat forecasts.
‘Relaxed’ Carsten Mortensen takes stock
Norden CEO buys up $170,000 worth of shares in the shipowner as he talks tactics on expansion and recruitment.
TransAtlantic takes drastic action
Fourteenth straight quarterly loss sparks reorgansition and cost cutting plan.
Courage Marine up on sales
Disposals help Hsu Chih Chien-led bulker owner to curb first quarter loss.
North-Western reduces losses
Russian cargoship owner sees first quarter deficit shrink 31% despite revenue fall.
Vintage vessels crowd scrap yards
KS Maritime continues to clean house while scrap heaps overflow on the heels of demolition avalanche.
Deeper red for STX Pan Ocean
South Korean owner sees first quarter deficit double following slump in major markets.
GLBS caught in arbitration avalanche
Globus Maritime’s first-quarter financials overshadowed by $2.5m in unsettled claims against Transgrain and Allied Maritime.
China cargo volumes weaken
World’s largest importer sees demand for iron ore and crude ease, but soya bean cargoes see a rebound.
Arpeni bulker hit by blaze
All crew now safe after flames tore through Indonesian vessel off Suralaya.
Charterer blamed for fuel fiasco
Pacific Bulk says Panos Earth hobbled by off-spec bunkers supplied by Chinese counter-party.
Black cloud plagues Eagle Bulk
Shares of US-quoted bulker owner suffer double-digit drop as unresolved debt drama overshadows earnings beat.
Deutsche Bank blasts EGLE pay scheme
Chief executive’s paycheck thrust back into the spotlight despite cuts as insolvency concerns climb and earnings slip.
Tamai Steamship profit dwindling
MOL-owned bulker company sees annual earnings cut to $1m as revenue dips.
Sanoyas Holdings still making money
Japanese group's shipyard operation posts annual gain, as five bulkers are added to orderbook.
Azuma Shipping records solid earnings
Japanese cement carrier owner pushes up annual profit, but not as optimistic for current year.
Sanko sheds light on Baltimore burn
Distressed Japanese operator confirms bulker arrest in US but insists majority of shipowners support temporary pay freeze.
Swedish Club comes under fire
South African marine authority to blacklist insurer after it said it would stop covering disabled bulker Panos Earth.
Search on for missing bulker man
Singapore coordinates mission to find seafarer suspected of falling from Genco Rhone.
Khazar Sea Shipping carries more
Iranian owner’s fleet of 16 cargoships has boosted annual Caspian volumes by 17%.
Dry newbuildings on the barbie
Safe Bulkers predicts painful price drop at leading shipyards as it mulls fresh investments in fuel-efficient tonnage.
Deiulemar founder dies as villa is raided
Eighty-eight-year-old owner Michele Iuliano killed by heart attack as fraud squad hits his house.
Bocimar seals capesize coup
Belgian owner confirms acquisition of bulker resales originally ordered by Grand China in deal worth an estimated $73m.
Cosco ships now shunned by Vale
Brazilian miner is refusing to charter Cosco vessels as VLOC war takes another twist.
Glencore remains upbeat
Commodities giant sees positive China and US demand, but says Europe still remains weak.
Marubeni linked to Gavilon
Japanese trading house reportedly in talks to buy US grain trader as consolidation wave builds momentum.
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