Baltic Exchange: Dry Bulk Report – Week 2
The Baltic Exchange provides an update on the Dry Bulk markets for Week 2.
The latest dry bulk news
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Diana Shipping Inc. announces direct continuation of time charter contract for m/v Maia with Paralos Shipping
Diana Shipping Inc. announce that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Paralos Shipping Pte. Ltd., for one of its Kamsarmax dry bulk vessels, the m/v Maia.
Tekmar Group plc announces $1.5m contract award
Tekmar Group plc announce that it has secured a US$1.5 million contract with an existing Engineering, Procurement, and Construction (EPC) customer to supply engineered scour protection solutions for a major port infrastructure development in the Middle East.
Cavotec signs its second major reel contract from Civmec for Port Hedland in Australia
Cavotec has signed another contract with Australian construction and engineering company Civmec for the supply of a motorised cable and hose reel package to Port Hedland, Western Australia.
Upcoming dry bulk events
CONEXPO-CON/AGG 2026
03 Mar 2026 - 07 Mar 2026
Las Vegas Convention Center
3150 Paradise Rd,
Las Vegas,
NV,
89109,
United States
EnviroTech London 2026 - The Gateway To Green Cement
15 Mar 2026 - 18 Mar 2026
Park Plaza, London Riverbank
18 Albert Embankment,
London ,
SE1 7TJ,
United Kingdom
SOLIDS Dortmund 2026
18 Mar 2026 - 19 Mar 2026
Messe Dortmund
Halls 4, 5, 6 & 7,
Rheinlanddamm 200,
Dortmund,
D-44139 ,
Germany
CMB.TECH provide fleet update
CMB.TECH NV has completed the sale of eight vessels across its tanker and dry bulk segments, generating capital gains of around US$269.2 million.
Icon Energy Corp. announces reverse stock split
Icon Energy Corp. announce that its board of directors has determined to effect a 1-for-5 reverse stock split of the Company’s issued common shares par value US$0.001.
Castor Maritime Inc. announces the sale and leaseback of the M/V Magic Perseus
Castor Maritime Inc. announces the signing of a sale and leaseback agreement for the M/V Magic Perseus, a 2013-built Kamsarmax bulk carrier vessel with a Japanese counterparty.
Safe Bulkers declares quarterly dividend on Series C and Series D preferred shares
Safe Bulkers, Inc. announce that its Board of Directors declared a US$0.50 per share quarterly cash dividend on its Series C and Series D preferred shares.
Winds Of Wealth
Cristina Aleixendri, bound4blue, explains how wind-assisted propulsion can drive decarbonisation and deliver commercial advantage in bulk shipping.
Powering Progress Through Pneumatic Pumps
Brian Warmkessel, Fuller Technologies, explains how upgrading an ageing self-discharging barge with a high-performance pneumatic pump brought new flexibility, capacity, and simplicity to cement logistics in Boston.