Share trading in Japanese bulk giant halted

Dry bulk carrier Daiichi Chuo, which has around 170 vessels in its fleet and has Mitsui as major shareholder, is allegedly facing dire financial difficulties.

BY OLE ANDERSEN

The trading of shares in Japanese dry bulk carrier Daiichi Chuo was suspended at the Tokyo Stock Exchange on Tuesday. The move follows rumors that the carrier, which has Mitsui O.S.K. as major shareholder with a 16.5 percent stake, is headed toward receivership.

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Share trading in Japanese bulk giant halted

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Another bulk carrier hits financial dire straits

Bulk carrier in cash emergency enters receivership

Braemar warns: Bulk crisis could last five more years

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Front page now

Panama Canal once again limits the daily number of ships

Wärtsilä to introduce ammonia engine: "We are definitely not a bottleneck"

Will the world come to need 12 million barrels of oil a day?

Poseidon Principles align with IMO climate targets

Royal Arctic Line's chief executive steps down

Broker sees benefits in Fredriksen's possible purchase of rival's tankers

Carriers go their separate ways on climate quotas

Russia takes more risks by increasing shipping on Arctic route

Everfuel and French fund to invest EUR 200m in hydrogen through joint venture

Gram Car Carriers lands multi-year contract worth USD 114m

Mississippi River waters dip toward record low in threat to US crop exports

Seven Seas: Customers' green ambitions and actions don't align

Further reading

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Wärtsilä to introduce ammonia engine: "We are definitely not a bottleneck"

Media: Sale of DB Schenker enters next phase

It's time for DHL's new global head of ocean freight to prove he can be number one

Will the world come to need 12 million barrels of oil a day?

Russia takes more risks by increasing shipping on Arctic route

Jobs