Dry bulk shipping market

The Baltic Exchange provides an update on the Dry Bulk markets for Week 41.

Genco expects to take delivery of the vessel, to be named the Genco Intrepid, within the next 30 days, and intends to fund the acquisition with cash on hand and a drawdown from its revolving credit facility.

It has been announced that Kristian Jebsen and his family will sell their remaining 28% stake in Gearbulk Holding AG to Marubeni Corporation of Japan.

Castor Maritime Inc. have acquired a 2020-built Kamsarmax bulk carrier vessel for a purchase price of US$29.95 million.

The Baltic Exchange provides an update on the Dry Bulk markets for Week 39

INTERCARGO is strongly urging its members (shipowners, managers and operators) to subscribe to the newly launched Dry Bulk Management Standard (DryBMS) portal.

Icon Energy Corp., an international shipping company that provides worldwide seaborne transportation services for dry bulk cargoes via its fleet of oceangoing vessels, is pleased to announce the successful delivery of the Kamsarmax dry bulk carrier, M/V Bravo, and the signing of a term loan facility for up to US$91.5 million.

Pangaea Logistics Solutions and M.T. Maritime Management announce agreement to combine fleets of dry bulk vessels in all-stock transaction.

The Baltic Exchange provides an update on the Dry Bulk markets for Week 38

Danaos Corporation, one of the world’s largest independent owners of container vessels and drybulk vessels, has reported unaudited results for the period ended June 30, 2024.