Dry Cargo

Diana Shipping: Time Charter Contract for m/v Triton with Glencore
Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Glencore Grain B.V., Rotterdam, for one of its Panamax dry bulk vessels, the m/v “Triton”.
24/10/2014
Dry bulker newbuilding prices drop Weak freight rates have driven second prices of dry bulk carriers lower and signs of a fall in newbuilding prices have started to emerge, said shipping analysts at Arctic Securities ASA in Oslo, Norway. 24/10/2014
Asia Dry Bulk-Capesize could nudge higher on miner charters
Rates for capesize bulk carriers on key Asian routes could hold steady or climb higher after prices jumped earlier this week on renewed chartering activity by operators including Vale and Fortescue Metals Group, brokers said.
24/10/2014
Time Charter Contract Agreed for M/V Newlead Castellano
NewLead announced today that it has entered into a time charter contract for the recently delivered Handysize vessel, the "Newlead Castellano"...
23/10/2014
Ship Rates Rise Most on Record as China Seen Buying Ore
The cost of shipping iron ore jumped the most on record amid speculation that Chinese traders are increasing purchases of the raw material used in steel. Daily rates for Capesize vessels hauling about 160,000 metric tons of the commodity jumped 38 percent to $12,580 today, according to the Baltic Exchange...
22/10/2014
Lion Shipbrokers Weekly Report (W42)
In the bulkers segment, Lion Shipbrokers reports in week 42 that M/V "SININ" (52,466 dwt, blt 2005 Tsuneishi/Philippines) was sold to Greek buyers (clients of Seamar Management) for $13.8 million. The vessels was sold at auction on 10th October in Jiangyin, China.

20/10/2014
Asia Dry Bulk-Capesize rates fall on cargo woes
Rates for capesize bulk carriers on key Asian routes are again likely to fall as the volume of tonnage limits any price gains from an increase in chartering activity, brokers said.
17/10/2014
BIMCO: Shipping Market Overview & Outlook - Dry
Demand:  While we await the long-anticipated rebound in Capesize freight rates centred on Brazilian exports, let’s focus on the brighter spots elsewhere in dry bulk shipping...
15/10/2014
Pleiades, Almi, Thenamaris linked to acquisitions - brokers


Brokers reports Pleiades has placed an order for two tanker vessels (dwt 72,000) at STX with delivery slated for 2016 at the price of USD 46 million. In the secondhand market, Almi has reportedly moved for bulk carrier BULK LEO (dwt 55,679 blt 2008 Japan) at the price of USD 20.5 million. Furthermore, Thenamaris has moved for tanker vessel MAOHI (dwt 46,177 blt 2006 S. Korea) for a reported USD 18.6 million.

14/10/2014
Valemax Iron Ore Carrier Docks at China Port After Deals
A giant iron-ore freighter owned by Vale SA was allowed to dock at a Chinese port last week, Reuters data showed, the first since the Brazilian miner signed deals with two of China’s largest shipping groups in what was seen as a thawing of relations.
13/10/2014

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