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Shipping

Capesize rates face downturn

The Baltic Exchange has reported that after a positive start to the market, competition has led to strong movements across all shipping vessel classes.

Handysize carrier Rubymar finally sinks

On 2 March the UK-owned bulk carrier, the Rubymar, finally floundered and sunk into the Red Sea after it was abandoned by its crew following a missile strike.

 

More Shipping news

Atlantska Plovidba signs for ultramax newbuilds

Croatian bulker owner and operator Atlantska Plovidba has signed an agreement with Jiangsu Hantong Ship Heavy Industry in China for the construction of two ultramaxes.

Golden Ocean has released its fourth quarter results

Golden Ocean Group Ltd, one of the world's largest listed owner of large size dry bulk vessels, has announced its unaudited results for the three and twelve months ended 31 December 2023.