Parrish & Heimbecker, a Canadian, a family-owned agri-business, has acquired a deepwater bulk marine export terminal in Quebec City from Societe En Commandite Terminal Grains, which has been operated by Sollio Agriculture since 2021. “The addition of a Quebec City terminal is a strong fit for our...
Dry Cargo
Fujian Highton Development adds supramax from SFL Corporation
One of China’s fastest-growing bulker owners, Fujian Highton Development, continues its fleet expansion with the $10.2m purchase of the 14-year-old, 57,000 dwt SFL Yukon, now renamed Xin Hai Tong 61, from John Fredriksen’s SFL Corporation. It marks Highton’s smallest and oldest acquisition this...
https://splash247.com/fujian-highton-development-adds-supramax-from-sfl-corporation/
Japan’s Kasuga back for more New Dayang ultramaxes
Japanese owner Kasuga Kaiun has returned to Chinese builder New Dayang with an order for two more ultramax bulk carrier newbuilds. No price has been revealed for the pair of 64,100 dwt vessels, which takes Kasuga’s bulker orderbook at the shipbuilding arm of state-run machinery manufacturer Sumec...
https://splash247.com/japans-kasuga-back-for-more-new-dayang-ultramaxes/
Norden presses on with bulker flipping
Danish shipping giant Norden has bagged another bulker sale after taking a purchase option on chartered-in tonnage. The Jan Rindbo-led owner and operator said it had offloaded an unnamed, previously leased handysize for an undisclosed sum in a deal that follows two similar, recently carried out...
https://splash247.com/norden-presses-on-with-bulker-flipping/
Yangzijiang Financial to spin off shipping investment business
Yangzijiang Financial Holding has moved to spin off its maritime investment undertaking and list it on the Singapore Stock Exchange. The spinoff of China’s largest private shipyard, Yangzijiang Shipbuilding, said the newly incorporated company would function as a dedicated maritime investment...
https://splash247.com/yangzijiang-financial-to-spin-off-shipping-investment-business/
Second edition of Geneva Dry opens today
The second edition of Geneva Dry, the world’s premier commodities shipping conference, opens today with a record attendance and delegates keen to hear what’s in store for the global trade outlook in the coming 12 months following a turbulent start to 2025. With 819 registered delegates, organisers...
https://splash247.com/second-edition-of-geneva-dry-opens-today/
Boxship collides with bulker on Long Tau river in Vietnam
A bulker and a boxship collided late on Friday night on the Long Tau river near Vietnam’s Ho Chi Minh City, resulting in the bulker partially sinking. The 2018-built containership KMTC Surabaya, owned by Japan’s Nissen Kaiun and operated by Korea Marine Transport, collided with the 2015-built dry...
https://splash247.com/boxship-collides-with-bulker-on-long-tau-river-in-vietnam/
Pakistan ceases all trade with India
Pakistan has suspended all trade with India and closed its airspace and land border. The measures follow the imposition of sanctions imposed by India after an attack in Indian-administered Kashmir that killed 26 people on Tuesday. The last six months saw 520 port calls of vessels between Pakistan...
Taylor Maritime offloads 11 ships
London-listed dry bulk outfit Taylor Maritime has aligned its business with anticipated trade turbulence and taken advantage of improved market sentiment to sell 11 ships for $172.5m. The Ed Buttery-led company said that one bulker had already been delivered to its new owner, with the remaining 10...
Geneva Dry Dialogues: GeoServe
With so many digital solutions out there, the challenge isn’t just technology—it’s integration, usability, and execution, says Alok Srivastava, the managing director of GeoServe, a voyage management solution, days ahead of his visit to Switzerland to attend Geneva Dry, the world’s premier...