Capesize news

The company has agreed a fixed-rate time charter for one of its Capesize vessels, as well as concluding the financing of two new acquisitions.

The company is set to sell its oldest vessel and replace it with a 2009-built Capesize vessel.

The contract is for Diana Shipping’s m/v Boston Capesize dry bulk vessel.

The company has recently taken delivery of three dry bulk vessels.

The company has entered into time charter contracts for one of its Capesize dry bulk vessels and one of its Kamsarmax dry bulk vessels.

A new LNG fuel tank system developed by Newport Shipping for tankers and bulkers has gained a key preliminary class approval.

The company has entered into more deals in Japan, leveraging its strong ties with its Japanese business partners.

The vessel is the first of the company’s four Capesize acquisitions completed so far in 2021.

Key variables make for a well-argued case that the strong sentiment in the dry bulk shipping market is here to stay, reports EastGate.

Servicing Capesize vessels in the port of Riga facilitates access to new cargo and distant markets.