Baltic Exchange: Dry Bulk Report – Week 2
The Baltic Exchange provides an update on the Dry Bulk markets for Week 2.
Dry bulk
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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.
Amon Bulk plans to build three new Kamsarmax vessels
Amon Maritime have been awarded investment grants of NOK 298 million from Enova to support the construction of three new ammonia-fueled bulk carriers.
Icon Energy Corp. announces share repurchase programme
Icon Energy Corp announce that its Board of Directors has authorised a programme under which the Company may, from time to time, repurchase up to an aggregate of US$1 million of its outstanding common shares through December 31, 2026.
More Dry bulk news
CMB.TECH invests in Chinese ammonia supply
CMB.TECH has signed an off-take agreement for green ammonia produced by CEEC Hydrogen Energy in Jilin Province and will own a minority share in privately owned Jiangsu Andefu Energy Technology Co., Ltd.
Star Bulk provides update for its Q4 2025 TCE and coverage
Star Bulk Carriers Corp. provide an update to its estimated time charter equivalent (TCE) rate for the fourth quarter of 2025.
Metso grows its North American presence
Metso celebrated the opening of its new Pittsburgh, US, office on December 9, marking an important step in strengthening its bulk material handling and port solutions engineering capabilities.
Baltic Exchange: Dry Bulk Report – Week 49
The Baltic Exchange provides an update on the Dry Bulk markets for Week 49.
Detmar selects Aurora to deploy expanded fleet of autonomous trucks
Aurora Innovation have announced a commercial agreement with Detmar Logistics to autonomously transport proppants for one of the world’s largest multinational oil and gas companies.
Major capital investment programme for ABP’s South Wales ports
Associated British Ports (ABP) has announced the first tranche of a major capital investment programme, which secures the long-term future of its five south Wales ports.
Safe Bulkers, Inc. report third quarter financial results
Safe Bulkers, Inc. reported its unaudited financial results for the third quarter of 2025 and announced a cash dividend of US$0.05 per common share.
Optimising results and ROI from conveyor safety training
R. Todd Swinderman, Martin Engineering, explores how comprehensive conveyor training programmes drive safer operations, enhance team capability, and deliver measurable ROI.