Listed Chinese shipowner unveils $60m hunt for new and secondhand bulkers
Phoenix Shipping wants to modernise and expand its operations
Bulkers
Angeliki Frangou reveals VLCC sale in fresh burst of S&P and chartering deals
Navios Maritime Partners raises $52.5m from disposal of 15-year-old tanker
Pacific Basin Shipping shifting headquarters to Singapore to help escape port fee net
About half of the Hong Kong bulker owner-operator’s fleet will be redomiciled and reflagged in city-state
Yang Ming steps up bulker fleet renewal with order for series of handymaxes
Taiwanese owner’s Kuang Ming subsidiary wins board approval for newbuilding plan
Pacific Basin Shipping to move half its fleet to Singapore to comply with US port fee rules
Hong Kong-headquartered bulker owner and operator will also reflag the vessels
Konstantinos Konstantakopoulos issued special stock by Costamare to dodge China port fee rules
Measure taken in response to Chinese charges, container ship and bulker operations reveal
Landmark ruling sees UK court back buyers in row over failed capesize sale
Court of Appeal overturns earlier judgment that allowed the owner to avoid paying damages for not meeting the delivery date
Diana Shipping wins big rate increase from SwissMarine in hot capesize market
Greek owner adds $6,000 per day to previous deal with K Line
Petros Panagiotidis’ Castor mulls next expansion move as new loan brings in firepower
European bank takes mortgage on four of the Cypriot company’s bulkers
Ship detained in Malaysia due to ‘suspicious behaviour’
11 Chinese and Indian crew were on board vessel held for entering territorial waters without permission