Capesize news
Dry Bulk market completes another week of correction
The Baltic Exchange has reported that the dry bulk shipping market has seen another week of corrections during the third week of December.
Star Bulk and Eagle Bulk Shipping are set to combine
Star Bulk Carriers Corp. and Eagle Bulk Shipping Inc. have entered into a definitive agreement to combine their assets and create a global dry bulk leader.
Dry bulk shipping market faced declines and fluctuations
The Baltic Exchange reported that there have been general fluctuations and declining rates across all dry bulk vessel classes.
The dry bulk shipping market has seen increased strength
At the end of November the positive momentum seen throughout the month continued with all bulk vessel classes seeing strong growth.
2020 Bulkers has converted time charters for multiple vessels
2020 Bulkers has converted the index-linked time charters for Bulk Sandefjord, Bulk Shenzhen, Bulk Sydney and Bulk Santos to fixed rate time charters.
Diana Shipping has announced a time charter contract for m/v New Orleans
Diana Shipping Inc. has announced a time charter contract with Kawasaki for the capesize dry bulk vessel m/v New Orleans.
Genco Shipping has advanced its fleet renewal strategy
Genco Shipping and Trading Ltd has acquired two high specification capesize vessels and has agreed to sell an older capesize vessel for US$19.5 million.
The Baltic Exchange has reported on another week of improvement
Initially gloomy market sentiments were replaced by positivity by the end of the week according to the Baltic Exchange.
Signal Group have seen increased optimism in the dry bulk market
Signal Group have reported that the dry bulk shipping market looked to have a more optimistic outlook with iron ore also experiencing a rally in price.
Golden Ocean has announced its third quarter results
Dry bulk owner Golden Ocean has released its unaudited financial results for the third quarter of 2023.