JR Shipping Group has announced the expansion of its fleet with the order of two diesel electric driven, high cubic 8500 dwt ECO short sea dry cargo vessels with long year yard partner Chowgule Shipbuilding in India.
The Baltic Exchange provides an update on the Dry Bulk markets for Week 19.
The US will cut extra tariffs it imposed on Chinese imports in April this year to 30% from 145% and Chinese duties on US imports will fall to 10% from 125%, the two countries said on Monday, according to Reuters.
Pyxis Tankers has announced it has signed a commitment letter for a loan of up to US$45 million for the potential acquisition of dry bulk carriers.
23 Sep 2025 - 25 Sep 2025
The Baltic Exchange provides an update on the Dry Bulk markets for Week 18.
The product was formulated by Petrobras Singapore (PSPL) itself in its locally leased tanks, by blending 76% fossil fuel oil from the refineries of the Petrobras System and 24% UCOME, a biofuel originating from the processing of used cooking oil (UCO), purchased in the region.
The Term Sheet has been unanimously approved by Golden Ocean’s Board of Directors, including its special transaction committee composed of disinterested directors, and by CMB.TECH’s Supervisory Board.
Technology group Wärtsilä will upgrade the Wärtsilä RT-flex main engines on two bulk carrier vessels owned by Turkey-based Ulusoy Sealines. The planned engine retrofits and upgrades will extend the vessels’ operational life and improve performance and fuel efficiency, thereby reducing emissions. The orders were booked by Wärtsilä in 4Q24 and 1Q25.
Diana Shipping Inc. a global shipping company specialising in the ownership and bareboat charter-in of dry bulk vessels, has announced that through a separate wholly-owned subsidiary, it has entered into a time charter contract with China Resource Chartering Pte. Ltd., for one of its Panamax dry bulk vessels.
Draft regulations will set mandatory marine fuel standard and GHG emissions pricing for shipping to address climate change.
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