Asian dry bulk news

Australia has shipped more coal to China than Japan in April, which is the first time this has happened in four years.

Safe Bulkers, Inc. has announced an agreement for the acquisition of one newbuild Japanese kamsarmax class dry-bulk vessel.

According to CRM Agri, wheat futures have retreated as meteorologists forecast rains for southern Russia, easing dryness concerns which spurred the previous price jump.

The Baltic Exchange's latest data has shown a decline in capesize rates with other sectors experiencing a mixed week.

Franbo Lines has ordered its first ships in China in a deal with Jiangsu Haitong Offshore Engineering Equipment.

Laskaridis Maritime has announced that it has expanded its kamsarmax newbuild series in China with six ships spread across two shipyards.

LR has collaborated with Eastern Pacific Shipping and Maritime & Port Authority of Singapore on Singapore-registered ammonia dual-fuel newbuilds.

Himalaya Shipping Ltd has announced the delivery of dry bulk vessel ,Mount Denali, and the commencement of its initial charter term.

Belships has expanded its newbuilding programme with two new 64 000 DWT ultramax bulk carriers which will be delivered in 2028.

AD Ports Group has signed a strategic agreement with ADNOC Distribution for the supply of marine lubricants.