Asian dry bulk news

Berge Bulk and BHP have joined forces to pioneer an iron ore voyage from Australia to China powered entirely by B100 biodiesel.

Martin Engineering has announced fresh expansion in Central Asia with a new business unit in Kazakhstan.

The Vessel is a 61 441 dwt Ultramax built by Dalian Cosco KHI Ship Engineering Co, Ltd. in 2017.

The world’s largest coal importer is diversifying supply with increased land borne providers, according to a report by Veson Nautical.

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.

An estimated 5 t of oil was reported to have overflowed during a bunkering operation from a receiving Bahamas-flagged Bulk Carrier. The Maritime and Port Authority of Singapore (MPA) has confirmed the overflow has stopped.

The order value is approximately €10 million and it is booked in the Minerals segment’s 3Q24 order received.

It has been announced that Kristian Jebsen and his family will sell their remaining 28% stake in Gearbulk Holding AG to Marubeni Corporation of Japan.

DP World has expanded its Marine Services fleet with two newly built vessels.

The vessel is currently under construction at the Tsuneishi factory of Tsuneishi Shipbuilding Co., Ltd. (Hiroshima Prefecture, Japan) and is scheduled for delivery in spring 2025.