Sunday, April 22, 2018

Dry Bulk Shipping ETF, Ticker: BDRY – Launches as the First Freight Futures ETF

Breakwave Advisors, in partnership with ETF Managers Group (ETFMG), launches the Breakwave Dry Bulk Shipping ETF (NYSE Arca: BDRY). The Fund is the first...

Oldendorff Orders Three 62,000 DWT Bulkers with Oshima Shipbuilding

German shipping company Oldendorff Carriers has placed newbuild orders for three 62,000 dwt bulk carriers at Japanese shipbuilder Oshima Shipbuilding. The Ultramax newbuildings are...

Coal-Laden Vessels Stand Idle, Battle Import Restrictions in China

Over 100 coal-laden ships were stationary off the southern and eastern coasts of China as on October 31. The figures rose sharply after mid-September...

ULOC ‘Ore Tianjin’ Delivered

An ultra large-sized ore carrier named "Ore Tianjin" docks at a port in Qingdao, East China's Shandong Province on Thursday. The carrier, delivered by Wuchang...

Sider Sirios Joins Nova Algoma Shortsea Carriers Fleet

Nova Algoma Shortsea Carriers is further expanding their fleet, with yet another purchase of a bulk carrier. "Built in 2007, with a width of 108.21...

Euroseas and Poseiden in Merger Talks

Euroseas and Poseidon are in talks about a possible merger. If the deal goes through, it would result in a US-listed fleet of more than...

China’s Requirement of Bulk to Boost Freight Demand: Bimco

China's strong demand for iron ore, coal and crude is driving up the demand for ships and is serving as an engine of growth...

Wisdom Marine’s Board Approves Purchase of 63,700 dwt Bulker

Taipei-based shipping company Wisdom Marine Lines informed that its board of directors has approved the purchase of one 63,700 dwt bulk carrier. The ship...

Goodbulk to Exercise Six Capesize Acquisition Options

Greek dry bulk owner Goodbulk has announced its intention to exercise options to acquire an additional six capsize ships for a total of USD...

GoodBulk Announces Delivery of Two Capesize Vessels

GoodBulk has announced that in January it took delivery of two Capesize vessels and sold another one Capesize. On January 24, 2018, the Company...