Diana Shipping Inc. a global shipping company specialising in the ownership and bareboat charter-in of dry bulk vessels, has announced that through a separate wholly-owned subsidiary, it has entered into a time charter contract with China Resource Chartering Pte. Ltd., for one of its Panamax dry bulk vessels.
Draft regulations will set mandatory marine fuel standard and GHG emissions pricing for shipping to address climate change.
Study in collaboration with Oldendorff finds that for large bulk carriers, heavy fuel oil with a scrubber can outperform low-sulfur fuels.
The Baltic Exchange provides an update on the Dry Bulk markets for Week 14.
Mitsui O.S.K. Lines, Ltd. have announced the successful completion of a biodiesel-blended marine fuel (biofuel) bunkering on a capesize bulk carrier.
The Baltic Exchange provides an update on the Dry Bulk markets for Week 13.
NORDEN has announced the addition of two Capesize newbuilding leases with purchase options, which it says reinforces its commitment to building a highly efficient and modern Capesize fleet. This, NORDEN says, will enhance its ability to serve customers reliably and ensure we remain at the forefront of sustainable and cost-effective shipping against a backdrop of an ageing fleet and historic low orderbook.
Icon expects to take delivery of the vessel between May and August 2025, subject to the satisfaction of certain customary closing conditions.
The Baltic Exchange provides an update on the Dry Bulk markets for Week 12.
The vessels are expected to be delivered to their new owners during the remainder of 1H25.
The vessel is a 60 309 dwt Ultramax dry bulk vessel built in 2016.
The delivery of the vessel marks the halfway point in the company’s newbuilding programme as the sixth of a series of twelve 5400 dwt plug-in hybrid vessels.
The Baltic Exchange provides an update on the Dry Bulk markets for Week 11.
The vessel is an 82 194 dwt Kamsarmax dry bulk vessel built in 2010.
Berge Bulk has successfully completed the world’s first retrofit installation of the Renk Integrated Front-end Power System (IFPS) shaft generator on its vessel, Berge Dachstein, a 208 718 dwt Newcastlemax.