• Sat
  • Apr 19, 2014
  • Updated: 5:45pm

Bulk Carrier

Chellaram fleet to expand despite dry bulk worries

Chellaram Shipping, one of Hong Kong's largest independent shipowners, is looking to further expand its fleet of dry cargo ships despite concerns about the challenges facing the dry bulk sector.

Tuesday, 10 April, 2012, 12:00am

Chellaram fleet to expand despite dry bulk worries

Chellaram Shipping, one of Hong Kong's largest independent shipowners, is looking to further expand its fleet of dry cargo ships despite concerns about the challenges facing the dry bulk sector. The company, controlled by founder Lal Chellaram, has recently taken delivery of two large dry cargo ships and a third will join the fleet this month.

10 Apr 2012 - 12:00am

Courage Marine bearish on market

The dry bulk cargo market, which has seen charter rates dive by up to 58 per cent in the past year, is unlikely to recover until next year, the head of dry bulk shipping company Courage Marine said.

10 Dec 2011 - 12:00am

China seen as key for iron ore, shipping firms

China will remain the world's key iron ore market for mining companies and the global dry bulk shipping industry, despite concerns about the future of the country's infrastructure boom and an easing of foreign direct investment, shipping experts say.

14 Nov 2011 - 12:00am

Speculation blamed for woes

Global shipping markets have become a 'speculators' heaven' feeding a frenzy of new ship orders and explosive shipbuilding capacity which has put the international maritime industry in crisis, the outgoing chairman of the Hong Kong Shipowners Association has warned.

11 Nov 2011 - 12:00am

KC Maritime intensifies dry cargo focus

Hong Kong shipowner KC Maritime has strengthened its focus on the dry cargo market after taking delivery of the first of five large Panamax bulk carriers under an order worth about US$200 million placed with a South Korean shipyard.

4 Nov 2011 - 12:00am

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