Shipping

The hybrid dry bulk vessel, Electramar, was christened in the city centre of Helsinki, Finland on 15 May with a traditional ceremony celebrated by clients, stakeholders and employees.

The Baltic Exchange has reported on a slow week for the dry bulk shipping marketplace with the capesize market seeing a noticeable decline.

Castor Maritime Inc. a diversified global shipping company, has announced its first quarter results for the three months ended 31 March 2024.

Shofu Maru, the world's first Wind Challenger-equipped coal carrier, has achieved fuel savings of 17% after its seventh round trip voyage.

Navios Maritime Partners has taken ownership of four chartered-in kamsarmax bulk carriers.

The Baltic Exchange has reported on the latest data from on the dry bulk shipping market.

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.