Dry bulk shipping market

Dry bulk ship owner Oldendorff has announced the sale of one of its post-panamax vessels at a time where the market is softening.

The Baltic Exchange has reported that there was an increase in capsize rates on the 5TC as other markets saw some gains.

Diana Shipping Inc. has announced time charter contract for m/v Atalandi with Cargill.

Paradip Port Authority has processed an unprecedented 41.12 million t of cargo handling within the first 100 days of the fiscal year 2024 – 2025.

Longship has taken delivery of the first out of four ultra-low-emission, diesel-electric general cargo ships from Türkiye’s Atlas Shipyard.

Western Bulk has sold an ultramax and realised a US$4.5 million vessel sale profit.

Major maritime associations have shared a policy statement regarding the Carbon Intensity Indicator (CII).

The Baltic Exchange has reported that there has been a lack of activity across the Atlantic market with rising activity in the Pacific.

Diana Shipping Inc. has announced the direct continuation of a time charter contract for the m/v Los Angeles with NYK Line.

The next-generation lake vanern max, was launched at Scheepswerf Ferus Smit BV in Westerbroek, the Netherlands, by Erik Thun Group.