Xcoal to increase coal exports from Australia
Xcoal Energy wants to have a balanced portfolio of coal exports between Australia and the US.
Browse the latest shipping news and articles.
Xcoal Energy wants to have a balanced portfolio of coal exports between Australia and the US.
GoodBulk Limited launches an initial public offering (IPO) of 8 500 000 common shares at an anticipated initial offering price between US$15.50 to US$17.50 per common share.
The underwriters for Genco Shipping & Trading’s recently priced public offering are to exercise their purchase option in full.
DryShips, Inc. is to sell two of its older panamax dry bulk carriers for US$18.8 million.
“Increased shipments of iron ore by major mines will increase supply pressure, but steel mills' profits may increase further as downstream demand is expected to remain firm that will support demand and prices of high grade ores.”
Mitsui O.S.K. Lines, Ltd.’s coal carrier OI MARU was delivered to Imari Shipyard and Works of Namura Shipbuilding Co., Ltd. on 14 June.
The Navios Altair I, a 2006-built, 74 475 DWT Panamax vessel was acquired for US$11 million.
Earlier this week, Star Bulk Carriers Corp. (Star Bulk), announced its profitable unaudited financial and operating results for the first quarter ended 31 March 2018, with a key highlight being the 86.62% increase in voyage revenue compared to the same period in 2017.
SWS and LR have entered an agreement to jointly develop an LNG dual-fuelled newcastlemax bulk carrier.
Genco Shipping & Trading Limited has closed on its new five year US$460 million credit facility.
China has arrested 245 people for illegally exporting scrap metal to southeast Asian countries.
Diana Shipping enters a time charter contract with Koch Shipping Pte Ltd for another capsize bulk vessel.