Dry bulk shipping market

Pacific Basin Shipping Ltd has signed a memorandum of understanding with Nihon Shipyard Co. Ltd and Mitsui & Co. Ltd to cooperate in the investigation and development of zero-emission vessels.

A consortium, led by the Global Maritime Forum and consisting of BHP, Rio Tinto, Oldendorff Carriers and Star Bulk Carriers Corp., have signed a letter of intent (LOI) to assess the development of an iron ore ‘green corridor’ between Australia and East Asia.

Diana Shipping Inc. has announced that it has taken delivery of the m/v Florida, a 2022 Japanese new-building capesize dry bulk vessel.

Kawasaki Kisen Kaisha, Ltd has applied for the Specified Vessel Introduction Plan with Japan Marine United Corp.

Wallem Group has appointed Ioannis Stefanou as Managing Director of Wallem Ship Management.

Diana Shipping Inc. has entered into a time charter contract through a separate wholly-owned subsidiary with Bunge S.A., for one of its capesize dry bulk vessels, to be named ‘Florida’.

Golden Ocean Group Ltd has announced the sale of three of its oldest panamax vessels, Golden Empress, Golden Enterprise and Golden Endeavour.

U-Ming Marine Transport Corporation has contracted Japan’s Sumitomo Marine Co. Ltd to commission Oshima Shipbuilding Co., Ltd to build a post-panamax bulk carrier.

IMC Shipping has announced that it is expanding its dry bulk team with the appointment of Michael Holm as Managing Director, IMC Dry Bulk.

Diana Shipping Inc. has entered into a time charter contract with Tongli Shipping Pte. Ltd, for one of its Kamsarmax dry bulk vessels, the m/v Astarte.