Shipping

Belships has entered into agreements for the sale of the supramax bulkers Belfriend and Beltide.

US bulker owner Pangaea Logistics Solutions has expanded its fleet with two secondhand supramaxes.

Japanese shipping company Itochu Corp. has contracted two ultramax bulk carrier newbuilds from ship builder New Dayang, China.

Intermarine has launched its new subsidiary Intermarine Bulk Carriers and has expanded its fleet with two new vessels.

Belships ASA has released its recent report on its first quarter financial and operational results for 2024.

Lomar Shipping has announced its acquisition of another dry bulk vessel, making that its ninth acquisition in the space of a year.

The Baltic Exchange has revealed that after an initially sluggish start to the week, the market eventually picked up pace again.

In its interim report Aspo Group has revealed its successful strategy execution in a challenging operating environment, following through on its goals for 2024.

Monjasa and FAMOIL have revealed their expansion of biofuels logistics in South America and complete their first supply operation in Peru.

Safe Bulkers, Inc. has announced an agreement for the acquisition of one newbuild Japanese kamsarmax class dry-bulk vessel.

OceanPal Inc. has announced the sale and subsequent signing of a time charter contract for the m/v Baltimore with Richland Bulk.

Diana Shipping Inc. has announced another time charter contract for the m/v Leto with ASL.

The Baltic Exchange's latest data has shown a decline in capesize rates with other sectors experiencing a mixed week.

IBIA and BIMCO have announced their collaboration on fuel and maritime challenges in order to facilitate shipping's decarbonisation.

Diana Shipping Inc. has announced a new time charter contract for the m/v DSI Phoenix with Bulk Trading SA.