Pacific Basin purchases four modern ships 50% funded by new shares issued to ship sellers

Pacific Basin purchases four modern ships 50% funded by new shares issued to ship sellers

Pacific Basin Shipping Limited (Pacific Basin, 2343.HK), one of the world’s leading dry bulk shipping companies, today announced its conditional agreement to acquire four dry bulk vessels for a total consideration …
May 15, 2018 /  Vessels
Thoresen Thai Agencies acquires second-hand Supramax bulk carrier

Thoresen Thai Agencies acquires second-hand Supramax bulk carrier

Thoresen Thai Agencies Public Company Limited announced yesterday the acquisition of a second-hand dry bulk vessel namely, M.V. Thor Caliber, from a company which is not a connected person of the Company by Thoresen …
Mar 30, 2018 /  Vessels
Wallem Commercial Services Welcomes 2 Supramaxes to Fleet

Wallem Commercial Services Welcomes 2 Supramaxes to Fleet

Wallem Commercial Services announced earlier today that the Company welcomed two new Supramax vessels to its commercially-managed fleet. Image courtesy of Junior Officer Prasad Amale / …
Nov 22, 2017 /  Curious
BahriBunge Dry Bulk Ltd. Office Inaugurated In Dubai

BahriBunge Dry Bulk Ltd. Office Inaugurated In Dubai

Following the announcement of the joint venture agreement by Bahri, a global leader in transportation and logistics, and Koninklijke Bunge B.V. (Bunge), a wholly-owned subsidiary of Bunge Limited, a global agribusiness …
Oct 6, 2017 /  Curious
ESL Shipping’s Supramax bulker Arkadia heads back to the Canadian Arctic

ESL Shipping’s Supramax bulker Arkadia heads back to the Canadian Arctic

ESL Shipping has renewed its contract to transport iron ore from Baffin Island, Canada to Bremen, Germany on its Supramax vessel Arkadia. The vessel departed Bremen Wednesday last week and is now sailing towards the …
Aug 14, 2017 /  Vessels
New equity-based funding enables Pacific Basin to purchase five modern ships while enhancing its balance sheet strength

New equity-based funding enables Pacific Basin to purchase five modern ships while enhancing its balance sheet strength

Pacific Basin Shipping Limited (Pacific Basin), one of the world’s leading dry bulk shipping companies, has announced its conditional agreement to acquire five dry bulk vessels for a total consideration of US$104.6 …
Aug 7, 2017 /  Finance
Klaveness awarded 1 million metric ton sulphur CoA

Klaveness awarded 1 million metric ton sulphur CoA

Klaveness announced earlier today that the Company is awarded a 17 shipment Contract of Affreightment (CoA) of Bulk Sulphur from the Middle East to the Mediterranean. The CoA mainly comprise of shipments in the Supramax …
Jul 3, 2017 /  Curious
Star Bulk announces the acquisition of a modern Supramax vessel with secured financing

Star Bulk announces the acquisition of a modern Supramax vessel with secured financing

Star Bulk Carriers Corp. (Star Bulk) (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, yesterday announced that it has entered into a definitive agreement to acquire a Supramax …
Jun 13, 2017 /  Vessels
Great Eastern Shipping takes delivery of Secondhand Supramax Dry Bulk Carrier Jag Rohan

Great Eastern Shipping takes delivery of Secondhand Supramax Dry Bulk Carrier Jag Rohan

The Great Eastern Shipping Company Ltd (GE Shipping) announced on Tuesday that the Company has taken a delivery of a Secondhand Supramax Dry Bulk Carrier.  The 52,450-dwt Jag Rohan (ex Tenshou Maru) is built …
May 5, 2017 /  Vessels
Bahri and Bunge to Form Ocean Freight Joint Venture

Bahri and Bunge to Form Ocean Freight Joint Venture

Bahri Dry Bulk Company (BDB), a subsidiary of the Bahri Group, the national shipping arm of the Kingdom of Saudi Arabia, and Koninklijke Bunge B.V. (Bunge), a wholly-owned subsidiary of Bunge Limited (NYSE: BG), a global …
Feb 24, 2017 /  Curious