dry bulk

Pacific Basin in $88.5 million, four-vessel buy

MAY 14, 2018 — Hong Kong headquartered Pacific Basin Shipping reports that, through a subsidiary, it has entered into four separate ship contracts for the acquisition of four vessels from four separate

  • News

Dry bulk shipping charter rates to rise in 2018

NOVEMBER 6, 2017—Global shipping consultancy Drewry expects dry bulk shipping charter rates to recover from the second quarter of 2018 on the back of strengthening Asian iron ore demand, according to its

  • News

Songa Bulk sells a Supramax, buys a Capesize

SEPTEMBER 22, 2017 — Songa Bulk ASA (Oslo Axess: SBULK) says it has entered into an agreement to sell a Supramax bulk carrier, built in 2009 at the Tsuneishi Zhoushan shipyard, and

  • News

Charter rates improving for dry bulk sector

AUGUST 2, 2017—There hasn’t been much of a silver lining for shipping as of late, but international shipping consultancy sees one in the latest forecasts for rates in the dry bulk shipping

  • News

Gregg McNelis now iMarine Software COO

JUNE 14, 2017 — Issa Odeh, CEO of New York based iMarine Software reports that Gregg McNelis, former CEO and President of TBS Ocean Logistics, a dry bulk shipowner and pool operator,

  • News

Algoma and Nova plan short sea bulk partnership

MARCH 3, 2017 — Canada’s Algoma Central Corporation and Nova Marine Carriers SA of Lugano Switzerland say they are exploring an expanded partnership that is expected to lead to the creation of