Dry bulk

The seaborne transhipment of goods at the North Sea Port declined in 1Q23 by 4% – the first decline in over two years.

Pangaea Logistics Solutions Ltd. has announced its acquisition of a 61 000 dwt dry bulk vessel from the second-hand market for US$26.6 million.

Nippon Yusen Kabushiki Kaisha (NYK) Group has partnered with Orca AI, developer of a unique automated situational awareness platform, to enhance its fleet’s safety.

Maran Dry Management (MDM) has taken delivery of two Newcastlemax bulk carriers – the DNV-classed vessels are the first LNG-fuelled bulk carriers to join the MDM fleet.

The Port of Rotterdam has reported that it handled slightly less freight in 1Q23 than in 1Q22, although dry bulk cargo showed slight growth.

The gross charter rate is US$14 500 per day, minus a 5% commission paid to third parties, for a period until minimum June 1, 2024 up to maximum August 1, 2024.

Star Bulk and Eagle Bulk enhance voyage optimisation capabilities with Sofar Ocean’s Wayfinder platform.

Supply and demand in the dry bulk sector is showing a clear upward trend, having weakened significantly at the start of this year, according to INTERCARGO.

Martin Dummigan has been appointed Managing Director of SAMSON Materials Handling Ltd, Ely, UK – a member of the AUMUND Group.

Konecranes has won an order for two Generation 6 Konecranes Gottwald Mobile Harbor Cranes from Sihanoukville Autonomous Port, its first-ever mobile harbour crane order in Cambodia.

Imperial Petroleum Inc. has announced that, through a wholly-owned subsidiary, it has filed a registration statement to affect a spin-off of two of its dry bulk carriers.

BIMCO has launched the ‘25 by 25 pledge’, a commitment by some of the world’s biggest shippers in the bulk sector to increase their use of electronic bills of lading by 2025.

Ocean Technologies Group has partnered with KeelX Education to reduce the risks posed to life and the environment by the improper handling or transportation of dry bulk cargoes.

Diana Shipping Inc. has announced that it has taken delivery of a 2016 built Ultramax dry bulk vessel and entered into a time charter contract with IMC Shipping Co. Pte. Ltd.

J. Lauritzen has signed a letter of intent for the construction of a minimum of two methanol dual-fuel Kamsarmax bulk carriers, as part of a partnership with Cargill.