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Scorpio Bulkers on US$455-million Buying Spree
7 Nantong COSCO KHI Ship Engineering Co. 8 Nantong COSCO KHI Ship Engineering Co. 9 Chengxi Shipyard Co. 10 Chengxi Shipyard Co. 11 Chengxi Shipyard Co. 12 Tsuneishi Group (Zhoushan) Shipbuilding Inc. 13 Tsuneishi Group (Zhoushan) Shipbuilding Inc. Scorpio Bulkers is a newly established company, listed on the Norwegian OTC, focused on the ownership and operation of a fleet of modern mid-size dry bulk carriers.
Diana Shipping Announces Delivery of M/V Artemis
Diana Shipping Inc., a global shipping company specializing in the ownership and operation of dry bulk vessels, has announced that the company, through a separate wholly-owned subsidiary…
Safe Bulkers Financial Report Reflects Market Optimism
Greece-based Safe Bulkers, Inc. report second quarter and first 6 months 2013 losses, but also reveal an increasing market optimism with new ships on order. Net revenue for the second quarter of 2013 decreased by 12% to $41.4 million from $47.0 million during the same period in 2012. Net income for the second quarter of 2013 increased by 14% to $24.6 million from $21.5 million, during the same period in 2012.
Latest Global Shipbuilding Orders
Clarkson Hellas S+P Weekly bulletin reports a relatively active week of newbuildings, with a notable number of new orders, although none in the tankship market. Dry bulk carrier sector: In particular this week Clarkson Hellas has seen further ordering in the mid‐sized dry sector and very much focussed on Ultramax. Starting with the larger sizes, Great Eastern Shipping of India were reported to have placed an order for two firm 81,600 DWT Kamsarmax at Tsuneishi Cebu.
Latest Global Shipbuilding Contracts
Amongst newbuilding orders in the past week U-Ming Marine Transport of Taiwan continue their Capesize ordering with a firm order for four more 186,000 dwt dry bulk carriers…
Latest Worldwide Shipbuilding Orders
Ordering this week has been very much focussed on the dry sector with additional orders seen in the container market, large size LNG sector and small tankers, say…
OSM Maritime Awarded Three Ship Management Contracts
Laurel Ace is a new bulk carrier, built in 2013 at the I-S shipyard in Japan. The vessel was successfully taken over in Japan on the 3rd of July by Capt. Song (OSM Hong Kong), and will sail with Chinese crew. This ship has a length of 161 meters, a breadth of 27 meters, gross tonnage of 17,019 tons and a deadweight of 28,397 MT. Secondly, OSM Maritime Group has been awarded the ship management of the DP-2 Dive Support Vessel Adessa Ocean King…
Diana MV Boston Chartered by Clearlake
Diana Shipping Inc., a global shipping company specializing in the ownership and operation of dry bulk vessels, announced that it has entered into a time charter contract with Clearlake Shipping Pte.…
Bulk Carrier Owner Excel Files Chapter 11 Bankruptcy
Excel Maritime Carriers has entered into an agreement with its senior lenders on the terms of a financial restructuring, having now necessarily filed Chapter 11 petitions for relief in the United States Bankruptcy Court for the Southern District of New York. The agreement, which has the support of Excel Maritime's senior secured lenders, is substantially similar to the previously announced agreement…
Diana Shipping Announces Delivery of M/V Baltimore
Diana Shipping Inc., a global shipping company specializing in the ownership and operation of dry bulk vessels, today announced that the company, through a separate wholly-owned subsidiary…
Excel Maritime Files Chapter 11, Plans Financial Re-structuring
Excel Maritime Carriers, owners & operators of a large fleet of dry bulk carriers, become the latest casualty of the downturn in the shipping industry, but sets financial plans for recovery. The company says t has reached an agreement in principle with a steering committee of its senior lenders on the terms of a financial restructuring to strengthen its balance sheet. Up to $50 million infusion of…
Large Dry Bulker Shipbuilding Prices Up in April
During April, 2013 new build prices for capesize, kamsarmax and ultramax vessels rose higher than in the previous month. Purchase prices for ships are often good…
Greece's Diana Shipping to Buy Capesize Bulk Ship
Diana Shipping Inc. signs up to buy the 'M/V Tamou', a 2005 built Capesize dry bulk carrier of 177,243 dwt. The purchase price is US$27,020,202, less one percent address commission to the buyers.
India's Great Eastern Shipping Sells Two
A dry bulk carrier has been delivered to the buyers & the contract for sale of a product carrier tankship has also been signed. The Great EasternShipping Company Ltd.
Diana Charters Semirio to Cargill
Diana Shipping Inc., a global shipping company specializing in the ownership and operation of dry bulk vessels, announced it has entered into a time charter contract with Cargill International S.A., Geneva, through a separate wholly-owned subsidiary, for one of its Capesize dry bulk carriers, the m/v Semirio. The gross charter rate is U.S. $14,000 per day, minus a 4.75% commission paid to third parties for a minimum period of 22 months to maximum twenty-seven 27 months.
Safe Bulkers Reports 4Q, 12-Month 2012 Results; Declares Dividend
Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced today its unaudited financial results for the three and twelve month period ended December 31, 2012.
Diana Shipping Announces Time Charter Contract
Diana Shipping Inc. (NYSE:DSX), a global shipping company specializing in the ownership and operation of dry bulk vessels, entered into a time charter contract with Glencore Grain B.V.…
Biggest Ship Ever Built in Vietnam: 'Nissaki' Named
The 82,000 dwt Kamsarmax bulk carrier was recently named in Vietnam's Hyundai Vinashin Shipyard (HVS). Nissaki is built for St Michael Shipping of Greece, marking a significant milestone in the development of the shipbuilding capability of Vietnam, being the biggest ship built to date in the country to Lloyd's Register class. The vessel was built at the joint venture yard, Hyundai Vinashin Shipyard (HVS), located in Khanh Hoa province.
Diana Shipping Acquires Kamsarmax Dry Bulk Carrier
Diana Shipping Inc. (NYSE:DSX), was the successful bidder at an auction that took place in France, for the m/v Valeria Della Gatta (to be renamed Maia), a 2009…
Diana Shipping Inc. Announces Delivery of M/V Myrto
Diana Shipping Inc. (NYSE:DSX), through a separate wholly-owned subsidiary, took delivery of the M/V Myrto, a 82,131 dwt newly built Kamsarmax dry bulk carrier that…
