Shipping

Insight from the Baltic Exchange has revealed the current sluggish performance of dry bulk shipping.

HGK Shipping is set to become the preferred partner for the inland waterway shipping operations of Salzgitter Flachstahl.

Royal Bodewes has received an order to build three hybrid powered methanol-ready self-dischargers for Aasen Shipping.

Diana Shipping Inc., has announced that it has entered into a time charter contract with Western Bulk Carriers AS for the ultramax dry bulk carrier m/s DSI Aquila.

OMT has strengthened its contribution to the decarbonisation of the shipping industry after its acquisition by Accelleron.

The Panama Canal has seen the driest October in the 73 years since records began.

Star Bulk has announced the repurchase of 10 million of its common shares from the Oaktree shareholders.

Dry bulk shipping operator EuroDry Ltd. has announced a joint venture with a number of investors regarding ownership of new vessels.

Grindrod Shipping Holdings Ltd. has sold four bulk carrier vessels including the IVS Hayakita, the IVS Bosch Hoek, the IVS Merlion, and the IVS Raffles.

Kale Logistics Solutions has published a readiness survey of 200 ports that revealed 30%t are not prepared to adopt the International Maritime Organization (IMO)’s Maritime Single Window (MSW) mandate, which becomes compulsory worldwide from 01 January 2024.

Berge Olympus, a Newcastlemax bulker, is equipped with four BARTech WindWings by Yara Marine Technologies that use wind power to reduce fuel consumption and CO2 emissions.

The vessel was named 'Shoyo' in a naming ceremony held at the Koyagi Shipyard of Oshima Shipyard Co., Ltd., and began operations after completing the first bunkering.

The German shipping company will equip their entire fleet of VLOCs and Newcastlemaxes with Yara Marine Technologies’ propulsion optimisation technology.

The newbuild vessels are designed to meet the requirements of Energy Efficiency Design Index related to Green House Gas, GHG emissions, ‘EEDI, Phase 3’ and to comply with the NOx emissions regulation, NOx-Tier III.

Upon completion of the aforementioned sale, Diana Shipping Inc.’s fleet will consist of 40 dry bulk vessels.