Castor Maritime Inc. has announced the sale of the M/V Magic Nebula for a price of US$16.2 million with an expected net gain of US$2.5 million.
Dry bulk news updates
Global handysize owner and operator Cetus Maritime and South American based Nachipa Corp. have announced the amalgamation of both businesses into a singular entity.
Genco Shipping & Trading Ltd has reported its financial results for the three months and twelve months ended 12 December 2023.
Jinhui Shipping and Transportation Ltd. has announced that it has entered into a memorandum of agreement for the acquisition of a panamax vessel.
Sedna has launched its new digital technology, Pulse, an AI-driven solution designed to assist charterers as part of a digital maritime transformation.
The Association of American Railroads has reported on US rail traffic for the week ending 17 February 2024.
Minerva Marine has sold one of its oldest capesize dry bulk vessels, marking the company's first sale in almost 10 years.
CRM Agri has released their latest grain market data which revealed positive growth in the wheat, soya and corn.
United Maritime has reported its financial results for the fourth quarter and 12 months ended 31 December 2023 and has declared cash dividend of US$0.075 per share.
The EU Council has launched EUNAVFOR ASPIDES. The objective of this defensive maritime security operation was to restore and safeguard the freedom of navigation in the Red Sea and the Gulf.
Maputo Port Development Co. has announced its annual results, highlighting significant growth and consolidating its position as one of the region's main economic drivers.
More dry bulk news updates
Iron ore futures prices slipped, as traders took a cautious stance after rising stocks and weak steel margins counteracted with hopes that demand would pick up in China following a week-long Lunar New Year holiday break.
Western Bulk has published its second half and preliminary full year results for 2023 and has announced that Hans Aasnæs will step down from his position as CEO.
The Baltic Exchange has released its latest update on the dry bulk shipping market for the week ending 16 February 2024.
Bedeschi has been awarded the complete EPC contract from Voestalpine, an international steel maker, for a complex upgrade of their recently built Direct Reduced Iron (DRI) production plant at Corpus-Christi/Portland, Texas, US.
Klaveness Combination Carriers (KCC) has reported solid financial performance for 4Q23 with EBT of US$25.9 million and EBITDA of US$36.5 million.
EuroDry Ltd., an owner and operator of dry bulk vessels and provider of seaborne transportation for dry bulk cargoes, has announced its results for the three and twelve-month periods ended 31 December 2023.
Navios Maritime Partners L.P. has reported its financial results for the fourth quarter and year ended 31 December 2023.
The Republic of the Marshall Islands Maritime Administrator has awarded Approval in Principle for Anemoi Rotor Sails.
Diana Shipping Inc. has announced the signing of shipbuilding contracts for two 81 200 DWT methanol dual fuel new-building kamsarmax dry bulk vessels.
BAR Technologies and Nervion Naval Offshore have reached a partnership agreement to sell, manufacture, and deliver BAR Technologies’ wing sail design in Europe.
The Association of American Railroads has reported on North American rail traffic for the week ending 10 February 2024.
Amer Shipping has introduced its new multi-purpose dry cargo vessel which can operate in low and high water levels.
Capital Group, Navios Maritime Partners, Neda Maritime Agency, Star Bulk and Thenamaris get behind initiative for a global Maritime Emissions Reduction Centre.
Safe Bulkers Inc. has agreed to sell the oldest vessel in its fleet, the 2005-built panamax the m/v Maritsa.