Asian dry bulk news

ITOCHU, Nihon Shipyard, ClassNK and MPA, have signed an MoU for the joint study of ammonia-fuelled bulk carriers.

Price has been determined to be one of the major driving factors behind the importing of dry bulk commodities to China.

Seacon Shipping has offloaded one of its supramax bulk carriers, netting more than US$6 million in profit.

The Baltic Exchange has reported that there was an increase in capsize rates on the 5TC as other markets saw some gains.

BHP, Pan Pacific Copper, and Norsepower have deployed a wind-assisted propulsion system on a vessel which set sail in July 2024.

MOL has announced the delivery of bulk carrier Green Winds, the second vessel equipped with the Wind Challenger hard sail propulsion system.

Berge Neblina has set sail following the installation of Anemoi’s energy saving rotor sails.

The MPA and NYK have forged a partnership to advance maritime sustainability, digitalisation, and manpower development.

The Baltic Exchange has reported that there has been a lack of activity across the Atlantic market with rising activity in the Pacific.

Diana Shipping Inc. has announced the direct continuation of a time charter contract for the m/v Los Angeles with NYK Line.