Dry Cargo

Seanergy Announces Agreement to Acquire Seven Dry Bulk Vessels

Seanergy Maritime Holdings Corp. announced that it has entered into a purchase agreement to acquire seven secondhand dry bulk vessels, consisting of five Capesize and two Supramax vessels, for a gross purchase price of approximately $183 million. Upon completion of the acquisition of the vessels, the Company will have a modern fleet of eight dry bulk carriers, consisting of six Capesizes and two Supramaxes, with a combined cargo-carrying capacity of approximately 1.1 million DWT and an average fleet age of about 7.1 years.
NewLead Announces Commercial Performance of MV Newlead Venetico

NewLead announced today a review of the commercial performance of the MV Newlead Venetico ("Newlead Venetico") since January 1, 2015. The Newlead Venetico is a 2012-built dry bulk eco-type Handysize vessel of 32,394 dwt and is one of the three dry bulk eco-type Handysize vessels that were delivered to NewLead's fleet during 2014.
Seanergy buys seven bulkers from Restis family?
Seanergy Maritime Holdings is about to dramatically expand its fleet by buying seven bulkers from its sponsoring Restis family, market sources tell TradeWinds.
Bulker Ordering: A Positive Attempt To Address Oversupply?
Less than 60 bulkers were contracted in the first seven months of 2015, a drop of 91% y-o-y, and down from more than 1,200 in full year 2013. Combined with the firm pace of deliveries, this has led to a 20% decline in the bulkcarrier orderbook since the start of 2015.
Baltic Dry Index slips below 1000 points
The Baltic Dry Index, a gauge of global shipping rates often seen as a leading economic indicator, has slipped below 1,000 points, joining the downward journey of stocks, currencies and commodities worldwide.
Diana: Time Charter Contract for m/v Alcyon with Transgrain
Diana Shipping today announced that, through a separate wholly-owned subsidiary, it entered into a time charter contract with Transgrain Shipping B.V., Rotterdam, for one of its Panamax dry bulk vessels, the m/v Alcyon.
Goulandris, Diana linked to bulker buys

Lion Shipbrokers report few deals in the secondhand market involving Greek players during Week 33. Most notably, clients of Goulandris have been linked with the acquisition of bulk carrier M/V "TSUNEISHI CEBU SC-242" at the price of USD 27.75 million. Also, clients of Diana Shipping have reportedly moved for bulker M/V "XING MIN HAI" for USD 27.25 million, the same report notes.
Atlantic Supramax grain market sees more period inquiry
Increased inquiries this week from dry bulk charterers to book Supramax vessels in the Atlantic on a short period basis reflects expectations that the bullish fundamentals of this summer could carry on into the autumn, according to shipping sources.
DSX: Direct Continuation of TCA for m/v Crystalia
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has agreed to extend the present time charter contract with Glencore Grain B.V., Rotterdam, for one of its Ice Class Panamax dry bulk vessels, the m/v Crystalia, for a period of minimum ten months to maximum thirteen months.
Diana Shipping Announces Time Charter Contract for m/v Artemis with China Shipping

Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it entered into a time charter contract with China Shipping Bulk Carrier Co., Ltd., Hong Kong, for one of its Panamax dry bulk vessels, the m/v Artemis.

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