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Dry bulk news updates

 

Golden Ocean and CMB.TECH announce merger

Golden Ocean Group Ltd and CMB.TECH NV have announced that they have signed an agreement and plan of merger for a stock-for-stock merger, as contemplated by the term sheet previously announced on 22 April 2025.

NORDEN inks logistics project in Australia

NORDEN has signed its first port logistics project in Australia with existing dry cargo freight customer, the Australian developer and operator of iron ore mining projects, Kimberley Metals Group (KMG), further expanding the partnership.


More dry bulk news updates

 

Paul Pathy of Fednav elected BIMCO President

Paul Pathy takes over as the 47th President and is the first BIMCO President from the Americas. He is taking over from Nikolaus H. Schües who is finishing his two-year term.

 
 
 
 
 
 
 
 
 
 

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.

 

Engine retrofits to reduce emissions on two bulk carriers

Technology group Wärtsilä will upgrade the Wärtsilä RT-flex main engines on two bulk carrier vessels owned by Turkey-based Ulusoy Sealines. The planned engine retrofits and upgrades will extend the vessels’ operational life and improve performance and fuel efficiency, thereby reducing emissions. The orders were booked by Wärtsilä in 4Q24 and 1Q25.

 

Diana Shipping Inc. announces time charter contract for Panamax bulk carrier

Diana Shipping Inc. a global shipping company specialising in the ownership and bareboat charter-in of dry bulk vessels, has announced that through a separate wholly-owned subsidiary, it has entered into a time charter contract with China Resource Chartering Pte. Ltd., for one of its Panamax dry bulk vessels.