Shipping

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.

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.