Shipping

Safe Bulkers has raised over US$ 17 million in a public offering.

Scorpio Bulkers Inc. announces vessel price reductions and authority to repurchase its 7.5% senior notes.

Athens-based dry bulk shipper, Seanergy, has announced pricing for a US$15 million share offering.

Dampskibsselskabet NORDEN A/S has entered into a 9-year contract for the transportation of wood pellets with Canada’s largest manufacturer of wood pellets, Pinnacle Renewable Energy Inc.

Diana Shipping enters time charter contract for m/v San Francisco, a newcastlemax dry bulk vessel, with Koch Shipping Pte. Ltd, Singapore.

Trafigura’s dry freight desk had a positive year, according to its latest annual report, despite challenging market conditions.

South Korean dry bulk shipping company, Polaris Shipping, is to buy four capsize vessels from Brazilian mining company, Vale.

Ahrenkiel Steamship GmbH & Co. KG and H. Vogemann Reederei GmbH & Co. KG form a joint venture, merging their technical management of bulk carriers activities.

Seanergy Maritime Holdings Corp. takes delivery of a 178 838 DWT capesize dry bulk vessel and renamed to M/V Lordship.

Diana Shipping Inc. has announced time charter contracts for m/v New Orleans with Koch Shipping and m/v Melite with Uniper Global Commodities SE.

Cooperation will be key to successfully meeting the new global sulfur cap for maritime fuels by the 2020 deadline with the fuel trader’s role increasing in importance.

Jotun’s Hull Performance Solutions system has helped COSCO boost the performance of COSCO Europe, a 10 062 TEU container ship.

Chinese coal imports fell to a three-month low, while iron ore imports hit an eight-month low in October.

As the shipping industry readies for new regulations, Alfa Laval has announced a new business manager for PureBallast.

An increase in iron shipments as mining companies seek to take advantage of higher prices is boosting the capesize market.