Asian dry bulk news

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.

Diana Shipping Inc. has announced a time charter contract for m/v Philadelphia with NYK Line.

Ta-Ho has invested in digitalisation to reduce emissions and improve fleet management following a successful pilot programme.

Iron ore has benefitted from a strong start to 2024 thanks in part to rising prices and robust imports by Chinese buyers.

NYK held its first Dry Bulk Safety Conference in Athens, Greece, on 25 January which was attended by 74 participants from 36 Greek shipowners and other companies involved in the dry bulk business.

According to the Baltic Exchange the capesize market witnessed a mixed and evolving week with notable fluctuations in different regions.