Dry bulk shipping market

Peel Ports has recently invested a total of £5.4 million to upgrade its handling and storage facilities at the Port of Sheerness, strengthening its existing proposition for Kent’s established grain market.

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.

Diana Shipping Inc. has revealed a direct continuation of the time charter contract for the m/v Protefs, and has announced a new time charter contract for the m/v Nirefs with Hudson Shipping.

The Port of Belledune handled 402 172 t in July alone, and have officially broken the record for tonnage handled in one month.

ABP will work with Rolls Royce and Svitzer to develop the innovative technologies and systems needed to operate efficiently and sustainably, well into the 21st century.

Algoma Central Corporation has reported its operating results for the three and six months ended 30 June 2018.

Euroseas Ltd. has reported its results for the six month period and quarter ended 30 June 2018.

The Government of Canada has announced consultations with six First Nations in the Prince Rupert area in advance of a potential sale of Ridley Terminals Inc.

The results of the second quarter of 2018 reflect the improving levels of the dry bulk markets compared to the same period of 2017, says EuroDry Ltd.

Genco continued to benefit from its strengthened commercial platform in the second quarter, while further implementing its strategy to position the company to more fully capitalise on a robust dry bulk market.