Capesize news

Genco Shipping & Trading Limited has taken delivery of two capesize vessels, and has entered into a new five year credit facility.

Safe Bulkers has invested in a second-hand capesize class vessel, which will be accretive to the company’s revenues and further expand its fleet and operations in the capesize market.

Genco Shipping & Trading Ltd is to acquire two South Koream capsize dry bulk vessels worth US$98 million.

Diana Shipping enters a time charter contract with Koch Shipping Pte Ltd for another capsize bulk vessel.

Diana Shipping Inc., enters into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its capesize dry bulk vessels, the m/v P. S. Palios.

Diana Shipping enters a time charter contract with SwissMarine for one of its Capesize dry bulk vessels, the m/v Aliki.

The charter is due to commence on 25 March 2018 and will last between 11 - 13 months.

The company recorded a net loss of US$3.2 million in 2017, while stockholders’ equity was US$41.3 million as of 31 December 2017.

The Aquasurfer, a 2013 built capesize vessel of 178 854 DWT, is the sixth to deliver of seven initial capesize vessels acquired by the company.

GoodBulk Ltd takes delivery of another Aquavoyageur to add to its Capesize vessel.