Asian dry bulk news
Iron ore inventories pile up in China
Bloomberg UK has reported that iron ore stockpiles in China are at their highest level in a year whilst steelmaking input has decrease.
India's coal import rises
PTI has reported that in the 2023 January-April period the number of Indian coal imports rose to 212 million t.
BIMCO reports on Red Sea crisis
BIMCO has reported that an estimated 13% of world seaborne trade is under attack from Houthis and Somali pirates.
DNV establishes Tanker and Bulker Expert Team in China
DNV has established a Tanker and Bulker Expert Team based in Shanghai. With strong global demand and fleet renewal planned, DNV was well prepared to support customers in these key segments.
Drydel announces the delivery of new charter bulk vessel
Drydel Shipping has celebrated the delivery of its newest charter-in vessel, the MV Twin Delight, in Imabari, Japan.
ESL Shipping to sell its supramax vessels
ESL Shipping has signed an MoU to sell its two supramax class vessels to companies belonging to HGF Denizcilik Ltd Sirket group.
DNV explores OCCS for kamsarmax
In January 2024 DNV entered into a Joint Development Project to cooperate on an OCCS feasibility study for SDTR Marine's kamsarmax bulk carrier.
Capesize rates face downturn
The Baltic Exchange has reported that after a positive start to the market, competition has led to strong movements across all shipping vessel classes.
ClassNK bulk carrier receives ELW award
ClassNK has granted its Excellent Living and Working Environment (ELW) notation to ELETTRA, a bulk carrier owned by Fuyo Kaiun Co.,Ltd.
Three dead after latest Houthi attack
US Central Command has confirmed the deaths of three sailors after a missile struck the m/v True Confidence.