Dry bulk shipping market

The Baltic Exchange's latest data has shown a decline in capesize rates with other sectors experiencing a mixed week.

IBIA and BIMCO have announced their collaboration on fuel and maritime challenges in order to facilitate shipping's decarbonisation.

Diana Shipping Inc. has announced a new time charter contract for the m/v DSI Phoenix with Bulk Trading SA.

Franbo Lines has ordered its first ships in China in a deal with Jiangsu Haitong Offshore Engineering Equipment.

LR has collaborated with Eastern Pacific Shipping and Maritime & Port Authority of Singapore on Singapore-registered ammonia dual-fuel newbuilds.

North Sea Port has recorded a decline in cargo throughput in 1Q24.

Belships has expanded its newbuilding programme with two new 64 000 DWT ultramax bulk carriers which will be delivered in 2028.

A new study has identified opportunities for a sea of benefits along a proposed green and digital shipping corridor between Singapore, Los Angeles and Long Beach.

Global industry leaders have formed the North Pacific Green Corridor Consortium to decarbonise trade between north America and Asia.

Norton Rose Fulbright has advised DNB Bank and ABN AMRO on the US$200 million acquisition loan facilities to Star Bulk Carriers Corp.