Dry bulk

Initially gloomy market sentiments were replaced by positivity by the end of the week according to the Baltic Exchange.

Martin Engineering has celebrated its 20th anniversary of growth across the African continent after first entering the African market in 2003.

BIMCO have reported that shipments of coal to advanced economies have fallen 17% as demand for electricity declined alongside a rise in the production of renewable energy.

Mixed wheat prices have led to Chinese buyers importing foreign wheat amid weakened prices according to CRM Agri.

Signal Group have reported that the dry bulk shipping market looked to have a more optimistic outlook with iron ore also experiencing a rally in price.

Transnet SOC Ltd has begun to address the congestion and backlog of cargo ships at the Port of Durban and Richards Bay.

Diana Shipping Inc. has announced the pro-rata distribution of warrants to purchase common stock.

KCC and Silverstream Technologies have agreed a deal to equip KCCs next four vessels with air lubrication technology.

According to the USDA China has been the world’s largest importer of US soybeans which has contributed to a marketing-year high.

The Russian agriculture minister has announced that Moscow has begun to send free shipments of grain to Africa.

The Baltic Exchange has reported that there has been widely positive growth across all dry bulk carrier classes.

Mitsui O.S.K. Lines, Ltd and Kyushu Electric Power Co., Inc. have announced that the LNG-fuelled panamax coal carrier Reimei has commenced operation.

Diana Shipping Inc. has released its third quarter financial results and has declared stock dividend of US$0.15 per share.

Shipping companies must manage financial balancing act on EU ETS tightrope according to OceanScore.

Owner and operator of bulk carriers, Diana Shipping, has announced a date for the release of its third quarter financial results, conference call and webcast.