Bulker operators SeaTrek and Legasea team up to ‘consolidate’ market presence
Singapore companies want to accelerate freight expansion through cooperation
Bulkers
KCC poised for newbuilding return to pounce on price drops, CEO says
Chief executive Engebret Dahm tells analysts that new ships could mean new trades
‘Too expensive’: Capesize asset prices drive downgrade for bulker stocks
ABG cuts 2020 Bulkers and Himalaya Shipping to hold
Diana Shipping spin-off makes $120m AI and crypto bet in dramatic tech pivot
Greek shipowner brings in new management team and sets up subsidiary SovereignAI
Torvald Klaveness appoints finance chief with brief to do more than manage the numbers
CFO will be part of executive committee and holding management team
Evangelos Marinakis’ Capital Maritime extends orderbook to capesize bulk carriers
Greek shipowner orders conventionally fuelled newbuildings in China
Navios Maritime Partners issues new $300m bond in Oslo
Five-year bond will pay a coupon of 7.75% per year
Jinhui Shipping books loss on fresh sale of ageing supramax
Sales of older bulkers continue as Hong Kong owner awaits three new ultramaxes in 2028
CMB sells capesize as clear-out of vintage bulkers extends
Fleet renewal programme continues apace
Norden raises 2025 profit guidance as gains from S&P deals climb
Owner-operator sees net profit of $100m to $140m