Golden Ocean Group has struck a deal to acquire the fleet of Quintana Shipping for about $364m in shares and the assumption of debt. The 14-vessel Quintana fleet, which averages […]
Public shipping companies have never raised more money in the US capital markets than they did in 2014, a year described as “astounding” by one industry banker. According to data […]
These are certainly not boom times for shipping. Freight rates are still low. Share prices remain depressed. Yet somehow, US-listed shipowners are raising unprecedented sums on Wall Street via equity […]
It was the historic case of Smith v M’Guire (1858) 3 H & N 554 that established the prima facie for the measure of damages that can be recovered by […]
It seemed a bit of a joke in the press, as they reported that a bulk carrier had been asked to leave New Zealand waters because of a dirty bottom. […]
Second-hand bulker deals by public players are piling up. After market close on 14 March, NASDAQ- and Oslo-listed Golden Ocean announced the purchase of 16 bulkers averaging four years of […]
Contract language has put Bangkok-based Precious Shipping on the losing side of a $32m dispute with Taizhou Sanfu Ship Engineering. The Thai shipowner revealed this week that it will have […]
The Ballast Water Management Convention (the Convention), aimed at establishing standards and procedures to prevent the spread of aquatic organisms, enters into force and takes effect on 8 September this […]
Dry bulk shipping companies are crossing their fingers that strong demand underpinning a recent increase in the Baltic Dry Index will hold, although a worrying slowdown in scrapping levels means […]
The Radziwill group is continuing to stockpile capital for low-cycle buys in dry bulk with the launch of a $120m private placement in the US. The campaign by debut vehicle […]
