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

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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

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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

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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