Asian dry bulk news

ClassNK has granted its Excellent Living and Working Environment (ELW) notation to ELETTRA, a bulk carrier owned by Fuyo Kaiun Co.,Ltd.

US Central Command has confirmed the deaths of three sailors after a missile struck the m/v True Confidence.

On 2 March the UK-owned bulk carrier, the Rubymar, finally floundered and sunk into the Red Sea after it was abandoned by its crew following a missile strike.

The Baltic Exchange's most recent data has shown rising optimism across capesize, panamax, handysize, ultramax and supramax vessels.

Roll Group and KMC Line have signed a contract that will see Roll Group take possession of two wide deck carriers.

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.