Shipping

The Baltic Exchange provides an update on the Dry Bulk markets for Week 34.

Under the terms of the agreement, NAPA software will be included as an option in all future sales of Anemoi’s Rotor Sails, including both newbuilds and retrofits.

The number of vessels increased to an average of 133, up from 125 in the same period last year, driven by growth within the Panamax segment.

The partnership will leverage Procureship’s innovative e-procurement platform, which utilises automation and machine learning technology.

Gearbulk has signed contracts for delivery of two additional ammonia/methanol conversion ready 82 300 dwt Open Hatch newbuildings.

The vessel is currently under construction at the Tsuneishi factory of Tsuneishi Shipbuilding Co., Ltd. (Hiroshima Prefecture, Japan) and is scheduled for delivery in spring 2025.

The pool, launched in early 2022, now consists of 17 vessels, making it a significant player in the market.

The gross charter rate is US$14 000/d, minus a 5.00% commission paid to third parties, for a period until minimum July 15, 2025 up to maximum September 15, 2025.

Scheduled maintenance will help the mining company to save 67% in fuel, and will be conducted on Vale’s five tugboats and two ferryboats that operate in the company's terminals in Rio de Janeiro.

As Berge Bulk outfits more vessels with wind propulsion and invests in additional decarbonisation initiatives like alternative fuels, it will utilise Wayfinder to help measure and optimise the performance of each new technology.

Grains omprise the largest container export commodity at Port of Melbourne. Of this commodity group, wheat took the lead with 42 000 TEU leaving the Port in 2024.

Headquartered in Annapolis, MD, Bold Ocean/Schuyler Line Navigation Company is a leading U.S. Flag operator serving the critical transportation and logistics needs of numerous US government agencies.

Currently, the slot offering in the Transit Booking System is done daily with an anticipation period before the required transit date.

The company reported a Q2 2024 net income US$91.3 million.

The company reported a net loss of US$2.8 million and a net loss attributed to common stockholders of US$4.2 million for the second quarter of 2024.