Dry bulk shipping market

Global handysize owner and operator Cetus Maritime and South American based Nachipa Corp. have announced the amalgamation of both businesses into a singular entity.

Genco Shipping & Trading Ltd has reported its financial results for the three months and twelve months ended 12 December 2023.

Jinhui Shipping and Transportation Ltd. has announced that it has entered into a memorandum of agreement for the acquisition of a panamax vessel.

Sedna has launched its new digital technology, Pulse, an AI-driven solution designed to assist charterers as part of a digital maritime transformation.

Minerva Marine has sold one of its oldest capesize dry bulk vessels, marking the company's first sale in almost 10 years.

CRM Agri has released their latest grain market data which revealed positive growth in the wheat, soya and corn.

United Maritime has reported its financial results for the fourth quarter and 12 months ended 31 December 2023 and has declared cash dividend of US$0.075 per share.

Western Bulk has published its second half and preliminary full year results for 2023 and has announced that Hans Aasnæs will step down from his position as CEO.

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.