Asian dry bulk news

Jinhui Shipping and Transportation Ltd. has announced that it has entered into a memorandum of agreement for the acquisition of a panamax vessel.

CRM Agri has released their latest grain market data which revealed positive growth in the wheat, soya and corn.

Iron ore futures prices slipped, as traders took a cautious stance after rising stocks and weak steel margins counteracted with hopes that demand would pick up in China following a week-long Lunar New Year holiday break.

The Baltic Exchange has released its latest update on the dry bulk shipping market for the week ending 16 February 2024.

Theo Mizzi, Project Manager at INVERTO, part of Boston Consulting Group has provided insight into the scale of the Red Sea shipping crisis.

Diana Shipping Inc. has announced a time charter contract for the kamsarmax m/v Leonidas P. C. with Chinese shipping company Ming Wah.

Data from the Baltic Exchange has shown fluctuations in the market with ultramax and supramax vessels seeing the most positive changes.

NYK has announced that for a fourth consecutive year, CDP, an international environmental non-profit organisation, has recognised NYK as an A List company for climate change.

NYK has held a naming ceremony for Japans first LNG-fuelled capsize carrier which will transport iron ore and coal from Australia to Japan.

AD Ports Group and Karachi Port Trust have extended their cooperation through a 25-year concession agreement for a bulk and general cargo terminal at Karachi Port.