Dry bulk shipping market
Safe Bulkers, Inc. announces sale of a 2007-built Kamsarmax class dry bulk vessel
The vessel was sold at a gross sale price of US$12.5 million with a forward delivery date between August and October 2025.
Lloyd’s Register grants AiP to KSOE for advanced 210 000 dwt Newcastlemax bulk carrier design
Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to HD Korea Shipbuilding & Offshore Engineering (KSOE) for its next-generation 210 000 dwt Newcastlemax bulk carrier design.
Baltic Exchange: Dry Bulk Report – 29
The Baltic Exchange provides an update on the Dry Bulk markets for Week 29.
Taylor Maritime announces ten vessel sales
Taylor Maritime has confirmed ten new vessel sales for combined gross proceeds of US$176.3 million, representing an average 1.1% discount to Fair Market Value. Three vessel sales have completed with the remaining seven vessels expected to complete by December this year.
Baltic Exchange: Dry Bulk Report – 27
The Baltic Exchange provides an update on the Dry Bulk markets for Week 27.
BHP awards charter contracts for two ammonia dual-fuelled vessels
BHP has signed contracts with COSCO Shipping Bulk Co., Ltd., a subsidiary of COSCO shipping Group for the charter of two ammonia dual-fuelled Newcastlemax bulk carriers.
Making the case for independent dry bulk operators
Thomas Zaidman, Managing Director, Sagitta Marine SA, argues that smaller shipowners are a necessary force – not a risk – in the market.
Baltic Exchange: Dry Bulk Report – 26
The Baltic Exchange provides an update on the Dry Bulk markets for Week 26.
Baltic Exchange: Dry Bulk Report – 25
The Baltic Exchange provides an update on the Dry Bulk markets for Week 25.
Inmarsat Maritime signs agreement with Pacific Basin to install connectivity service on five bulk vessels
Recent real-world tests saw the fully managed service achieve download speeds of up to 330 – 340 megabits per second and upload speeds of up to 70 – 80 Mbps, while network availability on vessels exceeded 99.9%.