capesize

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DryShips just scuttled huge expansion plans by canceling an agreement to purchase newer capesize ships in exchange for shares worth close to $700M.

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Examples (13)

  • The Taiwanese shipping line plans to operate 18 panamax vessels and two capesize carriers by 2012, Lloyd's List said yesterday, citing an interview with Kuang Ming general manager Guer Ren-yao (葛仁友). —  Taipei Times
  • The capesize vessels will be chartered in on 10-year contracts from 2012, the newspaper said. —  Taipei Times
  • These include river barges and pushboats, platform supply vessels, tankers, oil-bulk-ore / capesize vessels and a passenger ship. —  News
  • Very few of us can afford buying a capesize vessel, of course, so the reason to buy GNK as a long-term hold for some people may be the hope of a dramatic reversal in the dry bulk shipping market that will lead to dry bulk vessel values doubling or even tripling. —  pfblogs.org: The Ad-Free Personal Finance Blogs Aggregator
  • The contract calls for transporting approximately 700,000 tonnes of iron ore between Brazil and China in four capesize vessel shipments with the first such shipment scheduled to commence during the first quarter of 2009. —  Marketwire - Breaking News Releases
 

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