Dry bulk shipping market

Star Bulk Carriers Corp. has announced that it has completed its previously announced merger with Eagle Bulk Shipping Inc.

The latest update from the Baltic Exchange has shown that the capesize market saw marginal improvement as other sectors also saw limited fixings.

INTERGARGO and RightShip have collaborated on the launch of a new Dry Bulk Centre of Excellence dedicated to the administration of the Dry Bulk Management Standard framework.

Port of Tangshan has announced its plan to build two new dry bulk berths to increase shipping capacity.

Manta Marine Technologies has secured its 400th vessel contract for its industry-leading automated propulsion optimisation technology system, FuelOpt™.

AD Ports Group has announced the signing of a purchase agreement with Inveco LLC to acquire 60% ownership in the Tbilisi Dry Port.

The Baltic Exchange has reported that there has been a noticeable dip in the dry bulk shipping market as larger vessel rates withdraw.

Castor Maritime Inc. has announced that its board of directors has determined to effect a 1-for-10 reverse stock split of the company’s common shares.

PTI has reported that in the 2023 January-April period the number of Indian coal imports rose to 212 million t.

DNV has established a Tanker and Bulker Expert Team based in Shanghai. With strong global demand and fleet renewal planned, DNV was well prepared to support customers in these key segments.