Dry bulk news updates

Diana Shipping Inc. has announced a new time charter contract for the m/v DSI Phoenix with Bulk Trading SA.

Pilbara Ports has reported on an increase in total monthly throughput for March 2024.

The AAR has reported US rail traffic for the week ending 20 April 2024.

Franbo Lines has ordered its first ships in China in a deal with Jiangsu Haitong Offshore Engineering Equipment.

Laskaridis Maritime has announced that it has expanded its kamsarmax newbuild series in China with six ships spread across two shipyards.

LR has collaborated with Eastern Pacific Shipping and Maritime & Port Authority of Singapore on Singapore-registered ammonia dual-fuel newbuilds.

Himalaya Shipping Ltd has announced the delivery of dry bulk vessel ,Mount Denali, and the commencement of its initial charter term.

North Sea Port has recorded a decline in cargo throughput in 1Q24.

Belships has expanded its newbuilding programme with two new 64 000 DWT ultramax bulk carriers which will be delivered in 2028.

AD Ports Group has signed a strategic agreement with ADNOC Distribution for the supply of marine lubricants.

A new study has identified opportunities for a sea of benefits along a proposed green and digital shipping corridor between Singapore, Los Angeles and Long Beach.

Diana Shipping Inc. has announced a time charter contract for the capesize dry bulk vessel the m/v P. S. Palios.

Beumer Group has secured a contract to supply a 2 km pipe conveyor to the Port of Saguenay, Canada.

Rio Tinto has selected Alfa Laval OceanGlide fluidic air lubrication with a focus on advancing efficient shipping and reducing emissions.

The Baltic Exchange has released its latest update on the dry bulk shipping market which indicated positivity across all bulk carrier classes.

Martin Engineering has marked the 50th anniversary of its invention of the world’s first low-pressure air cannon.

Bearing AI has announced the launch of the first AI-powered planning tool for shipping liners to simulate the cost, emissions and performance impact of operational and commercial decisions.

Global industry leaders have formed the North Pacific Green Corridor Consortium to decarbonise trade between north America and Asia.

The AAR has released data on US rail traffic for the week ending 13 April 2024.

Eureka Shipping has announced the construction of a new cutting-edge cement carrier for trade in the Great Lakes.

Norton Rose Fulbright has advised DNB Bank and ABN AMRO on the US$200 million acquisition loan facilities to Star Bulk Carriers Corp.

Oldendorff Carriers has signed a contract with Harbor Lab to provide global transparency in port transactions and revolutionise disbursement accounting.

Aggregate Industries has announced its multi-million pound investment into a state-of-the-art facility at the Port of Liverpool, UK.

K Line has announced that it has signed a memorandum of understanding (MoU) with multiple partners regarding joint development efforts for the commercialisation of ammonia-fuelled ships.