Dry Bulk News

Companies

Mercator to sell its Singapore bulk cargo business for three Singapore dollars

The token amount is considering the negative networth of the Singapore unit

3 min read11 Feb 2016
Opinion

Mercator becomes first Indian casualty in plunging dry bulk freight market

Mercator's tryst with Singapore shows it is not tax-friendly jurisdictions that decide success or failure of a shipping firm; a firm that can manage market volatilities will survive than those who can't

3 min read22 Jan 2016
Companies

Mercator to exit dry bulk shipping business due to downturn

Mercator decides to exit dry bulk cargo business carried on by its Singapore unit by way of divestment as part of its ongoing portfolio-restructuring exercise

2 min read19 Jan 2016
Companies

Chambal Fertilisers to exit shipping business

The company has decided to exit the business in view of the tepid long-term shipping business outlook

2 min read23 Dec 2015
Opinion

Mormugao port drops plan to deepen channel on annuity model

Failure of annuity model for dredging at Mormugao could force other state-owned ports that were looking to try out this method to abandon such plans

4 min read13 Nov 2015
Opinion

All Above Board | India’s port channel deepening needs to foster innovative ideas

Solutions that lower the cost of dredging will aid the competitiveness of India's ports

4 min read19 Dec 2014
Companies

GE Shipping orders three Kamsarmax dry-bulk carriers

India's largest private ocean carrier did not disclose the value of the ships ordered

1 min read10 Dec 2013
Companies

Essar Ports commissions 16 mtpa terminal at Paradip

The addition of the terminal takes the aggregate handling capacity of Essar Ports to 104 mtpa

1 min read24 Dec 2012
Companies

SCI board debates closing firm’s container business

SCI board debates closing firm’s container business

2 min read8 Nov 2009
Companies

Great Eastern Shipping net up 2% on drop in dry bulk shipping market

Great Eastern Shipping net up 2% on drop in dry bulk shipping market

1 min read8 May 2009
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