Dry Cargo

Asia Dry Bulk-Capesize rates to stay flat on overcapacity, cargo woes
Rates for capesize bulk carriers on key Asian routes are set to remain in the doldrums next week, staying flat or gaining just a few cents as an oversupply of ships weighs on cargo availability, ship brokers said.
Diana Shipping: Time Charter Contract for m/v Naias with Bunge
Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly owned subsidiary, it entered into a time charter contract with Bunge S.A., Geneva, for one of its Panamax dry bulk vessels, the m/v Naias, for a period of minimum eleven (11) months to maximum fourteen (14) months.
Fearnleys Weekly (W31) GAS - CHARTERING: The VLGC market has been rather in-active this week, where market players seem to await next month’s contract pricing prior to making their next moves... 31/7/2014
British Bulkers acquire secondhand handy
In the Handysize sector, Intermodal reports the sale of the “ATLANTIC ARROW” (28,653dwt - blt 05, Japan), which was picked up by British Bulkers for a price of $ 12.1 million.
NewLead Takes Delivery of 2nd Eco-Type Handy
NewLead announced today that the "Newlead Venetico," a 2012-built dry-bulk eco-type Handysize vessel of 32,500 dwt, was delivered to NewLead's fleet on July 25, 2014.
Greeks move for secondhand bulk carriers
Japanese controlled supramax BULK LEO has attracted a firm $22.7 million from Greek buyers (hearing clients of A.M. Nomikos or clients of Almi), Lion Shipbrokers report...
Atlantic Panamax freight rates improve
Freight rates ticked up for trans-Atlantic Panamax runs as prompt tonnage was met with a fair volume of inquiry, but the long-term outlook remained uncertain, shipping sources said.
Vale Posts Record Iron-Ore Output for 2Q as Prices Fall
Vale SA (VALE5), the world’s largest iron-ore producer, said output for the steelmaking ingredient rose a better-than-expected 13 percent in the second quarter, joining BHP Billiton Ltd. (BHP) and Rio Tinto Group. in boosting supply as prices fall.
Star Bulk Takes Delivery of 1st Eco, Fuel-Efficient Capesize
Star Bulk , a global shipping company focusing on the transportation of dry bulk cargoes, today announced that on July 22, 2014 it has taken delivery of M/V Peloreus, a 182,000 dwt Capesize built by Japan Marine United, one of the leading shipyards worldwide.
Lion Shipbrokers Weekly Report (W29)
Clients of Dalex of Greece continued their handysize fleet expansion by reportedly acquiring 3 private modern units from the Japanese market, the latest market report by Lion Shipbrokers notes...

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