Shipping

The vessel was sold at a gross sale price of US$12.5 million with a forward delivery date between August and October 2025.

Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to HD Korea Shipbuilding & Offshore Engineering (KSOE) for its next-generation 210 000 dwt Newcastlemax bulk carrier design.

Moving forward, the integrated company plans to manage more than 200 vessels, including LNG carriers, dry bulkers, and tankers, serving fields where MOL Group has built up decades of experience and know-how.

Taylor Maritime has confirmed ten new vessel sales for combined gross proceeds of US$176.3 million, representing an average 1.1% discount to Fair Market Value. Three vessel sales have completed with the remaining seven vessels expected to complete by December this year.

A strategic collaboration between Icon Gulf Trading DMCC (part of the Dynamic Group) and GeoServe Energy Transport DMCC has enabled the successful shipment of bauxite from Guinea over the past 12 months. During this period, 12 cargo shipments, moving approximately 2 million t of bauxite, have been completed.

Amon Maritime has secured a NOK253 million investment grant from Enova to support the construction of two groundbreaking newbuilds – Amon Bulk 1 and Amon Bulk 2 – which will be among the world’s first large bulk carriers powered by ammonia.

The six Japanese- and Chinese-built vessels, each with an average 64 000 dwt, are all equipped with MAN Mark 9 engines.

BHP has signed contracts with COSCO Shipping Bulk Co., Ltd., a subsidiary of COSCO shipping Group for the charter of two ammonia dual-fuelled Newcastlemax bulk carriers.

The vessel, which will be built at Zhejiang Xinle Shipbuilding Co. in China, is scheduled for delivery in 2027.

Since its launch, the charterers onboard the VesselAdmin platform have received over 3700 bids from brokers and owners within the offshore and dry bulk sectors.

The Baltic Exchange provides an update on the Dry Bulk markets for Week 24.

The vessel is a 77 529 dwt Ice Class Panamax dry bulk vessel built in 2014.

The vessel is a 208 021 dwt Newcastlemax dry bulk vessel built in 2017.

Golden Ocean Group Ltd and CMB.TECH NV have announced that they have signed an agreement and plan of merger for a stock-for-stock merger, as contemplated by the term sheet previously announced on 22 April 2025.

Marubeni Corp. has reached an agreement to invest in Gearbulk Holding AG the world’s largest open hatch shipping operator, headquartered in Switzerland.