Shipping

On 2 March the UK-owned bulk carrier, the Rubymar, finally floundered and sunk into the Red Sea after it was abandoned by its crew following a missile strike.

Diana Shipping Inc. has announced that it has entered into a time charter contract with Louis Dreyfus Co. Freight Asia Pte. Ltd.

The Baltic Exchange's most recent data has shown rising optimism across capesize, panamax, handysize, ultramax and supramax vessels.

Ocean Yield has released its fourth quarter for 2023.

Croatian bulker owner and operator Atlantska Plovidba has signed an agreement with Jiangsu Hantong Ship Heavy Industry in China for the construction of two ultramaxes.

NORDEN has acquired four capesize newbuildings to meet the strong demands from customers.

Anglo American has completed a 10-strong chartered fleet of lower emission, capesize, LNG dual-fuelled vessels.

Golden Ocean Group Ltd, one of the world's largest listed owner of large size dry bulk vessels, has announced its unaudited results for the three and twelve months ended 31 December 2023.

Capital Link has released the list of leading dry bulk and container shipping companies who will be participating in the 18th Annual international Shipping Forum in New York City.

Roll Group and KMC Line have signed a contract that will see Roll Group take possession of two wide deck carriers.

The Baltic Exchange has reported a steady decline for the panamax market but a modest resurgence elsewhere among dry bulk shipping classes.

Diana Shipping has reported its financial results for 4Q23 and the year ended 31 December 2023 as well as the sale of the capesize vessel, the m/v Houston.

Castor Maritime Inc. has announced the sale of the M/V Magic Nebula for a price of US$16.2 million with an expected net gain of US$2.5 million.

Global handysize owner and operator Cetus Maritime and South American based Nachipa Corp. have announced the amalgamation of both businesses into a singular entity.

Genco Shipping & Trading Ltd has reported its financial results for the three months and twelve months ended 12 December 2023.