Login
aktiemarked frygt indeks wall street nasdaq
Photo: Richard Dew/POLFOTO/AP/Arkiv

Court drops some of the charges against Dryships

Bulk:

A court in the Marshall Islands has decided to lift a temporary suspension on the issuing of new shares in Dryships. The ban was part of a lawsuit against the dry bulk carrier, which has been accused by investors of inflicting huge losses on them in an unusual share tactic.


BY NIKLAS KRIGSLUND
Published 12.07.17 at 13:12

Log in to read articles

Some of our content is exclusively for subscribers.

Try ShippingWatch free for 14 days

Get 14 days free trial access

Sign up for ShippingWatch newsletter
Most read Bulk

IMO issues new warning on bauxite after shipwreck

8starbulk.jpg Bulk:

The International Maritime Organization is now urging dry bulk carriers to exhibit extreme caution when transporting bauxite, which can liquefy during voyages. However, the official rules will not be updated until 2019.

Thorco owner: I no longer dare to be an optimistic shipowner

Bulk:

"I've been optimistic for 12 years, but I don't dare be an optimist anymore," Thor Stadil tells ShippingWatch. The Thornico group will support and develop the carrier Thorco Projects, while Thor and Christian Stadil take responsibility for costly acquired vessels that no longer burden the firm.

Police raid Stellar Daisy carrier in wreck investigation

Bulk:

Police in South Korea have raided Polaris Shipping's offices in Seoul and Busan. Investigators are hoping to find new information concerning the cause of the tragic accident in April in which the carrier's vessel, Stellar Daisy, sank in the South Atlantic.

JP Morgan: Dry bulk market will be even worse in 2016

Bulk:

In a new report, investment bank JP Morgan points to bleak prospects for the dry bulk sector in 2016. Read on to learn what the bulk carriers are up against next year.

"Unfortunately, I was wrong"

Bulk:

"I was wrong," says CEO Robert Bugbee in the wake of an accumulated loss close to USD 650 million after Scorpio Bulkers was launched. Now, with new investors, he projects big gains. Once again.

Oldendorff Carriers remains in the black in 2014 and 2015

Bulk:

ShippingWatch interviews chairman Henning Oldendorff on how one of the world´s largest drybulk operators avoids deficits operating in an industry where even solid competitors are struggling.

Current front page

Maersk sells to family in a buyer's market

Maersk Tankers slæbebåd towage Tanker:

Maersk Tankers has been sold to the Maersk family's holding company at a time when investors are staying far away from product tanker. But the carrier could be sold on when the market recovers, analysts say.

Dockworkers block automation of vehicles in West Coast ports

Container:

The powerful US dockworker union ILWU has succeeded in slowing the development towards automation in Los Angeles and Long Beach. A new law holds that environmentally-friendly vehicles in the ports must not be fully automated or remote controlled in order to secure subsidies.

Dry bulk shipowners have drained yards' newbuild stockpiles

Carriers:

Shipyards have virtually no newbuild resale vessels left from canceled contracts to sell, says Celsius Shipping CEO Jeppe Jensen.

A.P. Moller Holding A/S buys Maersk Tankers

Tanker:

The Maersk family's A.P. Moller Holding buys Maersk Tankers for USD 1.17 billion, informs the holding company Wednesday.

Saadé: Container stronger than it has been for years

Container:

The chief executive of France's CMA CGM, Rodolphe Saadé, sees no crises in the years to come for container carriers, which are currently benefiting from consolidation and stronger economic growth.

Kuehne + Nagel heralds more acquisitions

Services:

Transport and logistics firm Kuehne + Nagel is hosting its capital markets day in London, and the group has heralded news about its strategy plan.

ADVERTISEMENT
ADVERTISEMENT

Vacancies

ADVERTISEMENT