Dry bulk news updates

Upon completion of the sale, OceanPal Inc.’s fleet will consist of three Panamax dry bulk vessels and an MR2 tanker vessel.

The Baltic Exchange provides an update on the Dry Bulk markets for Week 3.

Efforts include first dry bulk vessel equipped with BAR Technologies’ WindWings, rigid sails that use wind power to reduce fuel use and emissions.

According to the Association of American Railroads (AAR), total US weekly rail traffic was 465 390 carloads and intermodal units, up 1.8% compared with the same week last year.

Pangaea Logistics Solutions Ltd, a provider of comprehensive maritime logistics solutions, has announced that it has completed its previously announced combination of its existing dry-bulk fleet with fifteen handy-size dry bulk vessels owned by Strategic Shipping Inc.

AtoB@C Shipping continues its fleet renewal by adding six low-emission newbuildings to its fleet between 2025 and 2027 after securing long-term time charter contracts with German shipowner BAAS Shipping from Hamburg.

With the launch of the desk, ICAP becomes the first traditional interdealer broker (IDB) to integrate physical and derivatives trading in the dry bulk commodities segment.

The Baltic Exchange provides an update on the Dry Bulk markets for Week 2.

NES has been contracted to deliver the power system to eight newbuild bulk carriers that Udupi Cochin Shipyard is constructing for dry cargo shipping group Wilson.

The largest port operator in the UK completed the purchase of the freehold of the 227.5 acre site in December last year signalling a commitment to its new property strategy.

According to the Association of American Railroads (AAR), total US weekly rail traffic was 421 410 carloads and intermodal units, up 1.0% compared with the same week last year.

Leading figures across the dry bulk shipping sector have joined in paying tribute to Dimitri Fafalios, who concluded his chairmanship of INTERCARGO on 31 December 2024 after six years of distinguished leadership.

Diana Shipping has announced the final results of its tender offer to purchase up to 15 000 000 shares of its common stock.

Bruks Siwertell has received an order for a Bruks Klöckner drum chipper from Bioena, a bioenergy company in Colombia.

Berge Bulk and BHP have joined forces to pioneer an iron ore voyage from Australia to China powered entirely by B100 biodiesel.

The review addresses critical challenges, including the implementation of the International Maritime Organization’s net-zero emissions target, maritime security concerns in the Red Sea region, and the implementation of the Ballast Water Management Convention’s.

Globus Maritime Ltd has announced that it has signed, through two separate wholly owned subsidiaries, memoranda of agreement to acquire two Kamsarmax scrubber outfitted dry bulk vessels.

Brian Cupp, IntelliTrans, explores how a transportation management system (TMS) can improve supply chain operations for bulk distributors.

The order, which also includes a four-year Kalmar Complete Care service agreement, was booked in Kalmar’s 4Q24 order intake, with delivery of the machines scheduled for 2Q25.

Carlos Lopez Barbera, Kaleris, USA, explains how new technologies, like terminal operating systems (TOS) can transform the dry bulk handling and transportation industry.

DNV has released a competence standard (ST) for methanol and a recommended practice (RP) for ammonia.

Andrea Vitturi, Bedeschi, discusses the important role of storage, stackers, and reclaimers in optimising material handling in the dry bulk sector.

Thomas A. Kazakos will replace Guy Platten who will be stepping down in June 2025.

Carl Swisher, 4B, analyses the issues facing industrial bucket elevators, highlighting the need for periodic inspections in maintenance programmes.