Norden wins settlement in Rusal cargo claim case DANISH bulker and tanker operator Norden will receive a cash payment of $23m from RTI, an offshoot of Russian aluminum giant Rusal, in full settlement of seven arbitration cases taking place in London to settle outstanding cargo claims.Read more: Dry Cargo headlines from www.lloydslist.com

FIS DRY BULK FFA PRICES 09 Mar 2010 All prices are indications in US$/day of current market level, basis midpoint between bid/offer at 13:00 London time. Contract routes are as current Baltic Exchange definitions. For more information, visit www.freightinvestor.comRead more: Dry Cargo headlines from www.lloydslist.com

Essar for sale? Indian shipowner tight lipped on reports that a large stake may be divested to augment London listing. Read more: RSS for Tradewinds, Dry Cargo

Pac Basin bound Tonnage-hungry Pacific Basin buys Cido Shipping bulker for $26m, brokers say. Read more: RSS for Tradewinds, Dry Cargo

Kamsarmax fixed Polys Hajioannou's Safe Bulkers pens a new contract for one of its ships axed by Daiichi last year. Read more: RSS for Tradewinds, Dry Cargo

FreeSeas sticks to short term chartering policy Handysize bulker owner sees encouraging signals of improvement in the dry bulk marketRead more: Dry Cargo headlines from www.lloydslist.com

Atlantic panamax charter rates to hold firm But brokers say bubble will burst moving into next week as charterers attempt to cool the marketRead more: Dry Cargo headlines from www.lloydslist.com

Paragon Shipping remains cautious over vessel investments Looming oversupply of ships continues to dampen market sentimentRead more: Dry Cargo headlines from www.lloydslist.com

Globus goes lower Weaker revenues, due to fewer ships, push George Karageorgiou-led bulker owner to $1.2m loss. Read more: RSS for Tradewinds, Dry Cargo

COA spat settled Norden walks away with $23m and two-year contract after settling out of court with Russian-backed RTI. Read more: RSS for Tradewinds, Dry Cargo

Norden eyes buys Carsten Mortensen-led Dane mulls MR tanker buys as profit slides almost $500m on sales slump. Read more: RSS for Tradewinds, Dry Cargo

Pacific Tiger rates set to continue burning bright PANAMAX rates for tonnage in the Pacific are set to leap further ahead this week, with the sprint that started just before China celebrated the Year of the Tiger showing no sign of slowing, brokers said.Read more: Dry Cargo headlines from www.lloydslist.com

Jinhui profits slump as time charters suffer JINHUI Holdings, the Hong Kong-listed parent of dry bulker operator Jinhui Shipping and Transportation, saw net profit decrease 29% to HK$655.3m ($84m) last year, down from HK$918m a year earlier, after revenue fell at its shipping and trading operations, writes Keith Wallis in Hong Kong .Read more:...

Nasdaq issues OceanFreight warning GREECE-based dry bulk and tanker owner OceanFreight is looking at options to boost its share price after being warned by the Nasdaq stock market for breaching requirements on stock price levels, writes Nigel Lowry in Athens .Read more: Dry Cargo headlines from www.lloydslist.com

Buying dry Bulker sales stay strong amid expectation prices will not be dropping in the near term, broker says. Read more: RSS for Tradewinds, Dry Cargo