Shipping

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.

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

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.

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

Diana Shipping Inc. has announced time charter contract for m/v Atalandi with Cargill.

Longship has taken delivery of the first out of four ultra-low-emission, diesel-electric general cargo ships from Türkiye’s Atlas Shipyard.

Western Bulk has sold an ultramax and realised a US$4.5 million vessel sale profit.

BHP, Pan Pacific Copper, and Norsepower have deployed a wind-assisted propulsion system on a vessel which set sail in July 2024.

MOL has announced the delivery of bulk carrier Green Winds, the second vessel equipped with the Wind Challenger hard sail propulsion system.

Berge Neblina has set sail following the installation of Anemoi’s energy saving rotor sails.

ORIX has placed an order for three new, next-generation, environmentally friendly ships, including methanol-fuelled ships.

The Baltic Exchange has reported that there has been a lack of activity across the Atlantic market with rising activity in the Pacific.

Diana Shipping Inc. has announced the direct continuation of a time charter contract for the m/v Los Angeles with NYK Line.