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Examples
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These so-called dry-bulk ships are like "massive ocean-going dump trucks," says Urs Dur , senior equity analyst for marine shipping and logistics at Lazard Capital Markets in New York.
Three Hidden Market Signals Simon Constable 2011
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But people in the industry say Cosco clashed with maritime tradition by unilaterally refusing to pay for its dry-bulk ships without first offering to renegotiate their contracts.
A Shipping Line Is Crossed John W. Miller 2011
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China ordered 50 to 100 new container, tanker and dry-bulk ships under a deal financed by a private-equity consortium led by Carlyle.
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*** Transportation China will lease 50 to 100 new container, tanker and dry-bulk ships under a deal financed by a private-equity consortium led by Carlyle Group.
Business Watch 2011
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Cosco, which is settling a fee dispute with ship owners, plans to restructure its dry-bulk shipping operations.
The Power List 2011
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Executive Director Zhang Liang said such disputes are "normal," and the company said its dry-bulk revenue for the first half fell 27% from a year earlier.
A Shipping Line Is Crossed John W. Miller 2011
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Moody's rating service warned that Cosco's action could hurt the ability of dry-bulk ship owners to get credit.
A Shipping Line Is Crossed John W. Miller 2011
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The Baltic Dry Index, which reflects the price of chartering dry-bulk ships, has fallen to 1537 from above 7000 three years ago.
A Shipping Line Is Crossed John W. Miller 2011
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Paris-based broker Barry Rogliano Salles, whose staff of 35 in China arranges hundreds of dry-bulk cargoes a year, said it is pursuing or has concluded a half-dozen renegotiations.
A Shipping Line Is Crossed John W. Miller 2011
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Cosco, which has about 200 dry-bulk ships under charter and owns 234, this year simply stopped paying fees on some ships it leased before 2009 from Chinese and Greek ship owners, triggering the seizure of three ships and criticism from shipping-exchange managers.
A Shipping Line Is Crossed John W. Miller 2011
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