Shipping

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.

Cargill has reported on the outcome of the six-month testing period of world's first wind-powered ocean vessels maiden voyage.

The Baltic Exchange has reported that after a positive start to the market, competition has led to strong movements across all shipping vessel classes.

Safe Bulkers Inc., has announced that it has entered into two separate agreements for the sale of a post-panamax and a panamax dry bulk vessel.

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.