Shipping

DryDel Shipping has continued the expansion of its fleet since its rebranding, with the delivery of a kamsarmax.

C3is has announced its agreement to acquire a handysize bulk carrier from an affiliated company.

Berge Bulk has debuted its newest ship, Berge Mauna Kea, the first in a series of four hyper-efficient newcastlemax vessels.

Star Bulk Carriers Corp. has announced that it has completed its previously announced merger with Eagle Bulk Shipping Inc.

The latest update from the Baltic Exchange has shown that the capesize market saw marginal improvement as other sectors also saw limited fixings.

Costamare Inc. has declared its latest quarterly cash dividend on its preferred common stock.

Safe Bulkers, Inc. has declared its quarterly dividend on its 8% Series C and Series D Cumulative Redeemable Perpetual Preferred Shares.

Greek shipping company Drydel has placed its first order for new bulk carriers since its transition from Meadway Shipping and Trading.

Manta Marine Technologies has secured its 400th vessel contract for its industry-leading automated propulsion optimisation technology system, FuelOpt™.

The Baltic Exchange has reported that there has been a noticeable dip in the dry bulk shipping market as larger vessel rates withdraw.

Castor Maritime Inc. has announced that its board of directors has determined to effect a 1-for-10 reverse stock split of the company’s common shares.

A new Wärtsilä Corp. report has estimated that sustainable shipping fuels can reach cost parity with fossil fuels by 2035.

Drydel Shipping has celebrated the delivery of its newest charter-in vessel, the MV Twin Delight, in Imabari, Japan.

ESL Shipping has signed an MoU to sell its two supramax class vessels to companies belonging to HGF Denizcilik Ltd Sirket group.

In January 2024 DNV entered into a Joint Development Project to cooperate on an OCCS feasibility study for SDTR Marine's kamsarmax bulk carrier.