Shipping

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.

Ocean Technologies Group has partnered with KeelX Education to reduce the risks posed to life and the environment by the improper handling or transportation of dry bulk cargoes.

Diana Shipping Inc. has announced that it has taken delivery of a 2016 built Ultramax dry bulk vessel and entered into a time charter contract with IMC Shipping Co. Pte. Ltd.

J. Lauritzen has signed a letter of intent for the construction of a minimum of two methanol dual-fuel Kamsarmax bulk carriers, as part of a partnership with Cargill.

The MOI is to support the uptake of autonomous shipping in the maritime sector, underpinned by space solutions.

In line with its 2023 – 2025 strategy to capitalise on the most attractive opportunities in the market, NORDEN has acquired four Capesize vessels in two separate transactions.

After on-site commissioning in 3Q24, Winning will operate a total of ten Konecranes Gottwald Cranes on Barge, loading ships with bauxite off the West African coast.

Mitsui O.S.K. Lines, Ltd. and Rio Tinto have signed the Designated Owners & Operators (DOO) programme, a Rio Tinto initiative targeted to enhance safety and improve crew welfare in the dry bulk industry.

Norwepower’s available Rotor Sail technology can reliably minimise ships’ fuel consumption and emissions, accelerating the sector’s decarbonisation.