Dry bulk shipping market

The Baltic Exchange has released its latest update on the dry bulk shipping market for the week ending 16 February 2024.

Klaveness Combination Carriers (KCC) has reported solid financial performance for 4Q23 with EBT of US$25.9 million and EBITDA of US$36.5 million.

EuroDry Ltd., an owner and operator of dry bulk vessels and provider of seaborne transportation for dry bulk cargoes, has announced its results for the three and twelve-month periods ended 31 December 2023.

Navios Maritime Partners L.P. has reported its financial results for the fourth quarter and year ended 31 December 2023.

Diana Shipping Inc. has announced the signing of shipbuilding contracts for two 81 200 DWT methanol dual fuel new-building kamsarmax dry bulk vessels.

Theo Mizzi, Project Manager at INVERTO, part of Boston Consulting Group has provided insight into the scale of the Red Sea shipping crisis.

Diana Shipping Inc. has announced a time charter contract for the kamsarmax m/v Leonidas P. C. with Chinese shipping company Ming Wah.

2020 Bulkers Ltd. have announced the sale of two of its newcastlemax dry bulk carriers to an unaffiliated third party.

Data from the Baltic Exchange has shown fluctuations in the market with ultramax and supramax vessels seeing the most positive changes.

Costamare Inc. has reported its unaudited financial results for the fourth quarter and year ended 31 December 2023.