Shipping

Hanzevast Shipping BV and Castor Marine have completed the renewal of all onboard IT communications systems for four ships in Hanzevast’s fleet.

The Belledune Port Authority has signed an MOU with the Port of Rotterdam to work together on the movement of dry and liquid bulk commodities, with a focus on green products and clean fuels.

United Maritime has announced an agreement to acquire a modern Panamax vessel through a bareboat-in charter, and the delivery of two Kamsarmax vessels with immediate period employment.

Diana Shipping Inc. has announced time charter contracts for the m/v Santa Barbara with Smart Gain and the m/v Phaidra with Aquavita.

AD Ports Group has announced plans to expand its fleet with the purchase of five bulk carriers and three crude oil tankers.

Diana Shipping has announced that it has entered into a time charter contract with Reachy Shipping for one of its Kamsarmax dry bulk vessels, the m/v Astarte.

The seaborne transhipment of goods at the North Sea Port declined in 1Q23 by 4% – the first decline in over two years.

Pangaea Logistics Solutions Ltd. has announced its acquisition of a 61 000 dwt dry bulk vessel from the second-hand market for US$26.6 million.

Nippon Yusen Kabushiki Kaisha (NYK) Group has partnered with Orca AI, developer of a unique automated situational awareness platform, to enhance its fleet’s safety.

Maran Dry Management (MDM) has taken delivery of two Newcastlemax bulk carriers – the DNV-classed vessels are the first LNG-fuelled bulk carriers to join the MDM fleet.

The gross charter rate is US$14 500 per day, minus a 5% commission paid to third parties, for a period until minimum June 1, 2024 up to maximum August 1, 2024.

Star Bulk and Eagle Bulk enhance voyage optimisation capabilities with Sofar Ocean’s Wayfinder platform.

Supply and demand in the dry bulk sector is showing a clear upward trend, having weakened significantly at the start of this year, according to INTERCARGO.

Imperial Petroleum Inc. has announced that, through a wholly-owned subsidiary, it has filed a registration statement to affect a spin-off of two of its dry bulk carriers.

BIMCO has launched the ‘25 by 25 pledge’, a commitment by some of the world’s biggest shippers in the bulk sector to increase their use of electronic bills of lading by 2025.