Positive growth seen in Atlantic shipping
According to the Baltic Exchange, dry bulk shipping has seen positive growth in the Atlantic market with some minor decreases seen in South America and the US Gulf.
According to the Baltic Exchange, dry bulk shipping has seen positive growth in the Atlantic market with some minor decreases seen in South America and the US Gulf.
Diana Shipping Inc. has announced a new time charter contract for the dry bulk panamax vessel ,m/v Maera ,with ST Shipping taking on the vessel.
Taiwan’s Wisdom Marine has returned to Tsuneishi Shipbuilding with a deal for two newbuild kamsarmax bulk carriers set to be delivered in 2026.
Kawasaki Kisen Kaisha, Ltd and Nihon Shipyard Co., Ltd have entered into a contract for the construction of three post-panamax bulkers which have been developed and designed as next-generation, environmentally friendly ships.
Sailors' Society has launched an urgent crisis appeal following mounting concern over attacks on ships in the Red Sea.
Hapag-Lloyd and Maersk have signed an agreement for a new long-term operational collaboration called 'Gemini Cooperation', which will start in February 2025.
Svend Stenberg Mølholt has been appointed the new Chief Commercial Officer at Inchcape Shipping Services.
Diana Shipping Inc. has announced that it has entered into a time charter contract with Stone Shipping Ltd, for one of its ultramax dry bulk vessels.
The Baltic Exchange has reported a decline in charter rates across multiple dry bulk vessel classes with no sign of abating.
Eastern Pacific Shipping has announced its order of an additional four dual-fuelled ammonia newcastlemax dry bulk vessels.
Maersk has amended its OC1 service between Oceania and the Americas by transporting cargo across Panama by rail to combat canal restrictions.
Diana Shipping Inc. has announced that it has extended the time charter contract for the m/v Amphitrite, a post-panamax dry bulk vessel.
The Baltic Exchange has reported that there has been a slow start to the 2024 dry bulk market with limited fresh enquiry in the ultramax sector and a sedated start for the panamax sector.
Indian Navy commandos secured the capesize bulk carrier, Lila Norfolk, after the vessel was boarded by six armed pirates off the coast of Somalia on the 4 January 2024.
Castor Maritime Inc. has announced the sale of the M/V Magic Venus for US$17.5 million with an expected net gain of US$3.5 million.