Asian dry bulk news

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.

Rio Tinto has celebrated shipping over 4 billion t of iron ore to China.

EPS has welcomed the sixth LNG dual-fuel bulker for charter with Rio Tinto.

NYK Bulkship has installed NYK group’s first wind-assisted ship-propulsion units.

The Baltic Exchange has reported that the week saw a move in the dry bulk shipping market to correct its course.

DryDel Shipping has expanded its fleet with a new contract for another ultramax newbuild.