Shipping

The Baltic Exchange has reported that there was an increase in capsize rates on the 5TC as other markets saw some gains.

Diana Shipping Inc. has announced time charter contract for m/v Atalandi with Cargill.

Longship has taken delivery of the first out of four ultra-low-emission, diesel-electric general cargo ships from Türkiye’s Atlas Shipyard.

Western Bulk has sold an ultramax and realised a US$4.5 million vessel sale profit.

BHP, Pan Pacific Copper, and Norsepower have deployed a wind-assisted propulsion system on a vessel which set sail in July 2024.

MOL has announced the delivery of bulk carrier Green Winds, the second vessel equipped with the Wind Challenger hard sail propulsion system.

Berge Neblina has set sail following the installation of Anemoi’s energy saving rotor sails.

ORIX has placed an order for three new, next-generation, environmentally friendly ships, including methanol-fuelled ships.

The Baltic Exchange has reported that there has been a lack of activity across the Atlantic market with rising activity in the Pacific.

Diana Shipping Inc. has announced the direct continuation of a time charter contract for the m/v Los Angeles with NYK Line.

The next-generation lake vanern max, was launched at Scheepswerf Ferus Smit BV in Westerbroek, the Netherlands, by Erik Thun Group.

CSL and BCI Minerals have announced their partnership for the building of an advanced transshipment vessel for the Mardie Project.

Winning International has bolstered its trading capacity with the addition of six new VLOCs to its fleet.

Folk Maritime has signed MoU with Bahri Ship Management to collaborate on technical ship management and crewing of vessels.

Centurion Bulk has made moves into the handysize sector with the acquisition of the Danish operator Integrity Bulk.