Capesize news

Genco Shipping & Trading Limited has implemented a comprehensive fleet plan ahead of the IMO 2020 regulations.

A report by global shipping consultancy Drewry has predicted that charter rates will improve on present levels, as a result of moderate increases in vessel demand and low growth in vessel supply due to restrained new ordering and a thin orderbook.

Diana Shipping Inc. has entered into a time charter contract with Pacific Bulk for the capesize dry bulk vessel, m/v Semirio.

Genco Shipping & Trading Limited has taken delivery of two capesize vessels, and has entered into a new five year credit facility.

Safe Bulkers has invested in a second-hand capesize class vessel, which will be accretive to the company’s revenues and further expand its fleet and operations in the capesize market.

Genco Shipping & Trading Ltd is to acquire two South Koream capsize dry bulk vessels worth US$98 million.

Diana Shipping enters a time charter contract with Koch Shipping Pte Ltd for another capsize bulk vessel.

Diana Shipping Inc., enters into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its capesize dry bulk vessels, the m/v P. S. Palios.

Diana Shipping enters a time charter contract with SwissMarine for one of its Capesize dry bulk vessels, the m/v Aliki.

The charter is due to commence on 25 March 2018 and will last between 11 - 13 months.