Dry bulk news updates

Castor Maritime Inc. has announced the acquisition of its first ultramax dry bulk vessel.

The Port of Antwerp-Bruges has reported that it has seen a positive trend in its growth regarding a range of product groups.

EPS has welcomed the sixth LNG dual-fuel bulker for charter with Rio Tinto.

Diana Shipping Inc. has announced a time charter contract for m/v DSI Polaris with Stone Shipping.

According to the AAR, rail traffic across the US was largely down when compared to the same point in 2023.

For the first six months of 2024 cargo transhipments in North Sea Port have remained stable with strong UK trade.

The Port of Corpus Christi has announced its cargo throughput volumes for 2Q24 which has seen some minor growth.

NYK Bulkship has installed NYK group’s first wind-assisted ship-propulsion units.

Norden has been set to acquire Norlat Shipping to further grow projects and parcelling activities.

Southern Ports, has reported that it has been another record-breaking year for the Australian port operator.

The Baltic Exchange has reported that the week saw a move in the dry bulk shipping market to correct its course.

DryDel Shipping has expanded its fleet with a new contract for another ultramax newbuild.

ITOCHU, Nihon Shipyard, ClassNK and MPA, have signed an MoU for the joint study of ammonia-fuelled bulk carriers.

Cargo throughput in the port of Rotterdam has remained virtually unchanged in 1H24 compared to the same period in 2023.

Price has been determined to be one of the major driving factors behind the importing of dry bulk commodities to China.

The Canadian government has made a push toward making shipping greener by allocating funds to fourteen different projects.

The AAR has reported that across North America rail traffic has seen general decreases in carloads.

Weserport GmbH has commissioned Ardelt to supply a double jib slewing crane with integrated hopper model Tukan K.

Seacon Shipping has offloaded one of its supramax bulk carriers, netting more than US$6 million in profit.

TBA Group has appointed a new Director for its Control Automation team in Doncaster, working with customers on various bulk material handling projects.

OrbitMI has launched enhanced data-as-a-service for dry bulk Vessel and Company Particulars.

Dry bulk ship owner Oldendorff has announced the sale of one of its post-panamax vessels at a time where the market is softening.

Conditions have been satisfied for Rio Tinto’s investment on its planned development of the Simandou iron ore deposit in Guinea.

The Baltic Exchange has reported that there was an increase in capsize rates on the 5TC as other markets saw some gains.