Asian dry bulk news
CSM Türkiye announces collaboration with Transoba Denizcilik
Columbia Shipmanagement has underlined its commitment to the Turkish market and entered into a partnership with shipping operator Transoba Denizcilik ve Ticaret A.S.
Wheat prices soar as Black Sea crop causes concern
CRM Agri has reported that wheat prices have soared, as worries over Black Sea supplies spread to Ukraine, while oilseeds gained support from firmer vegetable oil markets.
Lacklustre performance from dry bulk shipping
The Baltic Exchange has reported on a slow week for the dry bulk shipping marketplace with the capesize market seeing a noticeable decline.
World's first Wind Challenger coal carrier saves 17% of fuel
Shofu Maru, the world's first Wind Challenger-equipped coal carrier, has achieved fuel savings of 17% after its seventh round trip voyage.
NS United executes MoU for methanol-fuelled bulk carrier
NS United Kaiun Kaisha has executed a Memorandum of Understanding for the construction of a capesize bulk carrier powered by dual methanol Fuel.
NYK signs MoU to develop biomass-fuelled ship
An MoU has been signed between Japanese shipping companies and Drax Group to develop the world's first biomass-fuelled ship and the technology to power it.
Strong return from dry bulk shipping market
The Baltic Exchange has reported on the latest data from on the dry bulk shipping market.
Asian coal demand boosts Australian coal exports
Coal demand from India and China has widened Australia's lead as a top coking coal exporter despite producing less coal.
Russian weather lifts wheat prices
CRM Agri has reported that wheat prices are likely to increase after the USDA forecasted that wheat inventories will shrink.
Itochu books ultramax newbuilds at New Dayang
Japanese shipping company Itochu Corp. has contracted two ultramax bulk carrier newbuilds from ship builder New Dayang, China.