Asian dry bulk news

According to the USDA China has been the world’s largest importer of US soybeans which has contributed to a marketing-year high.

The Baltic Exchange has reported that there has been widely positive growth across all dry bulk carrier classes.

Mitsui O.S.K. Lines, Ltd and Kyushu Electric Power Co., Inc. have announced that the LNG-fuelled panamax coal carrier Reimei has commenced operation.

The dry bulk shipping market saw some positive sentiment and momentum last week across all dry bulk carrier classes.

NBP has signed a Memorandum of Understanding (MoU) with OSHIMA and SUMITOMO to construct a handymax bulk carrier that will reduce CO2 emissions.

In October, South Korea successfully conducted simultaneous operations of ship-to-ship LNG bunkering for a coal-carrying bulk carrier.

AD Ports Group has signed a Heads of Terms (HoT) agreement with SEMURG INVEST LLP (Semurg), the owner and developer of Sarzha Multifunctional Marine Terminal in Kuryk Port, to potentially invest in the grain terminal located at Kuryk Port in Kazakhstan.

Damen Shipyards and Turkey’s Feyz Group have signed a contract for the delivery of three new Damen Combi Freighters 3850 for delivery in early 2025.

The Memorandum of Understanding builds on the ongoing partnership between AD Ports Group and Saab on maritime surveillance technology

Norvic Shipping has announced that it is pushing ahead with plans to take delivery of three newbuild dry bulk vessels from Japanese yards.