Golden Ocean announces merger with CMB.Tech
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.
Dry bulk
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IMO approves net-zero regulations for global shipping
Draft regulations will set mandatory marine fuel standard and GHG emissions pricing for shipping to address climate change.
Costamare Inc. announces spin-off of its dry bulk business
Costamare Inc. has announced its intent to spin-off the company’s dry bulk business into a standalone company, Costamare Bulkers Holdings Ltd.
Baltic Exchange and Veson Nautical launch revamped Baltic99 Questionnaire to enhance bulk carrier vetting processes
Baltic Exchange and Veson Nautical have announced the launch of the latest version of the official Baltic99 questionnaire for the dry bulk sector.
NYK conducts biofuel trial on coal carrier for Tohoku Electric Power
This is the first time in Japan that a coal carrier has been used to test biofuel for a domestic power utility company. Mitsubishi Corporation Energy Co., Ltd. in the Keihin area facilitated the supply of biofuel for the vessel.
US coal exports reached a six-year record in June 2024
Gross US coal exports in June 2024 totalled 10 million short tons, the most in a month since October 2018, data from EIA's Short-Term Energy Outlook data browser show. Annual average U.S. coal exports were 9.0 million short tons in 2024. US coal exports have increased each year since 2020, when they averaged 5.8 million short tons amid the COVID-19 pandemic.
Baltic Exchange: Dry Bulk Report – 5
The Baltic Exchange provides an update on the Dry Bulk markets for Week 5.
More Dry bulk news
ICAP launches dry bulk commodities desk with three Copenhagen-based hires
With the launch of the desk, ICAP becomes the first traditional interdealer broker (IDB) to integrate physical and derivatives trading in the dry bulk commodities segment.
Dry bulk industry pays tribute to outgoing INTERCARGO Chairman Dimitri Fafalios
Leading figures across the dry bulk shipping sector have joined in paying tribute to Dimitri Fafalios, who concluded his chairmanship of INTERCARGO on 31 December 2024 after six years of distinguished leadership.
Diana Shipping announces final results of self tender offer for common stock
Diana Shipping has announced the final results of its tender offer to purchase up to 15 000 000 shares of its common stock.
INTERCARGO releases annual review
The review addresses critical challenges, including the implementation of the International Maritime Organization’s net-zero emissions target, maritime security concerns in the Red Sea region, and the implementation of the Ballast Water Management Convention’s.
New International Chamber of Shipping Secretary General announced
Thomas A. Kazakos will replace Guy Platten who will be stepping down in June 2025.
Anemoi names Clare Urmston as new CEO
Anemoi Marine Technologies has announced that Clare Urmston has been appointed as the company’s new Chief Executive Officer (CEO).
Pilbara Ports announces it delivered 67 million t in November 2024
This is a 9% increase when compared to the total monthly throughput in November 2023.
Baltic Exchange: Dry Bulk Report – 50
The Baltic Exchange provides an update on the Dry Bulk markets for Week 50.