Dry bulk shipping market

Svend Stenberg Mølholt has been appointed the new Chief Commercial Officer at Inchcape Shipping Services.

It has been reported that a dry bulk shipping vessel owned and operated by Eagle Bulk Shipping was struck by a missile fired from Houthi-controlled areas of Yemen as it was transiting past the Gulf of Aden.

The Baltic Exchange has reported a decline in charter rates across multiple dry bulk vessel classes with no sign of abating.

Geopolitical tensions and slowing economic growth was reflected in the annual figures of Port of Antwerp-Bruges which showed total throughput was down by 5.5%

The Association of American Railroads has reported that rail traffic on the whole has seen a small increase when compared to the same period in 2023.

Eastern Pacific Shipping has announced its order of an additional four dual-fuelled ammonia newcastlemax dry bulk vessels.

Maersk has amended its OC1 service between Oceania and the Americas by transporting cargo across Panama by rail to combat canal restrictions.

Bedeschi have secured a new contract for a coal transshipment system for construction at a shipyard in the Guangdong district before being deployed at its final destination in Indonesia.

Diana Shipping Inc. has announced that it has extended the time charter contract for the m/v Amphitrite, a post-panamax dry bulk vessel.

DNV's Alternative Fuels Insights (AFI) has found that there has been an increase in the uptake of alternative-fuelled vessels within the maritime sector, with methanol rising in popularity.