Shipping

Diana Shipping Inc. has announced signing and drawdown of a US$167.3 million term loan facility with Nordea Bank to refinance two existing term loan facilities with Nordea.

Rio Tinto has celebrated shipping over 4 billion t of iron ore to China.

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

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.

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

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.