Shipping

The Baltic Exchange provides an update on the Dry Bulk markets for Week 46.

Diana Shipping Inc., a global shipping company specialising in the ownership and bareboat charter-in of dry bulk vessels, has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Stone Shipping Ltd, for one of its Ultramax dry bulk vessels.

The Baltic Exchange provides an update on the Dry Bulk markets for Week 45.

Thordon Bearings has delivered its COMPAC water-lubricated propeller shaft bearing solution to the final vessels in a series of three new bulk carrier newbuilds scheduled to join a fleet of Canadian lakers.

The Baltic Exchange provides an update on the Dry Bulk markets for Week 44.

Bahri said y/y revenue growth was primarily supported by the Chemicals business unit (BU), followed by Dry Bulk and Integrated Logistics, which benefited from increased shipping volumes enabled by the expansion of Bahri’s fleet of owned and chartered vessels, as well as higher shipping rates across most segments.

The Great Eastern Shipping Company Limited (G E Shipping) has agreed to sell a 2005-built medium range product tanker of about 47 999 dwt on 31 October 2024 to an unaffiliated third party. The vessel will be delivered to the new buyer by 3Q25.

KCC has entered into an agreement to install bound4blue suction sails on a CABU III newbuild for delivery in 3Q26.

LR is the first classification society to offer this service, which provides a new standard for antifouling coatings and their performance in keeping hulls clean and sustainable.

The 5100 dwt vessel was named Spiken, and the naming ceremony was performed by Godmother Susana Paulo accompanied by representatives from the yard, MF Shipping Group and Erik Thun Group.

CCS has announced that at a conference, it issued an AIP certificate for the Haijing 82 000 dwt methanol dual fuel bulk carrier and a container ship, both developed by CSSC Huangpu Wenchong Shipbuilding Company Ltd.

The Baltic Exchange provides an update on the Dry Bulk markets for Week 43.

Globus Maritime Ltd has announced that it has signed, through two separate wholly owned subsidiaries, memoranda of agreement to acquire two Kamsarmax scrubber outfitted dry bulk vessels.

Second Amasus vessel’s eSail will be the largest suction sail system on a general cargo ship.

The employment of the vessel is anticipated to generate approximately US$1.39 million of gross revenue for the minimum scheduled period of the time charter.