Dry bulk shipping market

SSY Futures has released a statement analysing and supporting forward freight agreement (FFA) volume growth.

Euroports Mediterranean has strengthened its position by acquiring Carbon Puerto, a leading port operator in the Port of Seville.

Ken Sherman and Brian Cupp, IntelliTrans, USA, outline the factors currently causing disruption to the US dry bulk industry and offer a technological solution.

Carlo Robiati, Alexandre Claude, Rachna Rana, Giorgos Gerakakis, and Steven Devery, DBX, review the current state of the dry bulk industry, provide some critical supply chain analysis, and emphasise the importance of data to paving the industry’s way forward.

HGK Shipping has become the sole shareholder of BeKa HGK GmbH after taking the strategic decision to take over the remaining 60% of the company’s shares.

GAC Group has acquired Finland-based ESL Shipping’s Swedish subsidiary Norra Skeppningsgruppen (NSG), marking the second Swedish ship agency purchase by GAC this year.

AD Ports and Invictus have signed an agreement with the Government of the Republic of Sudan for the right to develop, manage, and operate port and economic zone assets in Sudan.

Ocean Yield AS has agreed to acquire up to 10 Newcastlemax dry bulk newbuildings for a total consideration of up to US$576 million net of seller’s credits.

Diana Shipping has announced the delivery of the ultramax dry bulk vessel, m/v DSI Pegasus.

Costamare has established a new dry bulk operating platform with a team of experienced professionals, who will join Costamare in investing in the new venture.