Klaveness Combination Carriers comes up short, but still profitable
Oslo owner with ships capable of dry and product trades sees Cleanbu segment come in lower than guidance
Bulkers
Globus Maritime orders two more ultramax bulkers for $75.5m
New York-listed shipowner has ordered five ultramax newbuildings since last year as it renews fleet
China’s higher ore imports and steel output not enough to lift falling capesize bulker market
Average spot rate for capesizes has fallen almost 20% in past week, according to Baltic Exchange
‘Focus on what you can control’: Angeliki Frangou sticks to the plan amid global turmoil
Tanker and container ship earnings continue driving profit at behemoth Navios Partners, which orders two more MRs
Russia steps up drone attacks on Ukrainian grain infrastructure
Russian campaign takes out much of Ukraine’s export capacity, casts doubt on viability of schemes to revive Odesa trade
Investor Hannisdahl says price gap could support VLGC rates above $130,000
Norwegian’s Gersemi fund cuts bulker exposure as it adds gas exposure
Capesize S&P deals accelerate, fuelled by speculative buying
Hopes for a rebound in the Chinese economy continue to capture the imagination of ship investors
Eastern Pacific poised to order ‘world’s first’ ammonia bulkers
BHP and Rio Tinto could charter the vessels, which will be powered by MAN ES engines
Smaller bulkers ride waves of limited tonnage in Atlantic and Pacific basins
Average spot rates for supramaxes rise by a third in two weeks, according to market data
Zeaborn unit agrees to pay $2m fine for dumping oily bilge and garbage at sea
Two of Star Maia’s officers also plead guilty in federal court in California