Dry bulk shipping market

The acquisition has been funded by cash on-hand and new debt equating to US$12.8 million.

Star Bulk Carriers Corp. announces the termination of the debt restructuring restrictions, and has refinanced existing loans with new debt financing totalling over US$625 million.

The pig iron was shipped from Rio de Janeiro by the Yuanping Sea bulk carrier, and departed for Rotterdam on 3 October.

Niels Josefsen has been appointed the new Chief Operating Officer of Lauritzen Bulkers.

The EU network will focus on the U-space: a system that connects all drones flying in the air and that makes all drones visible for authorities and citizens.

Diana Shipping Inc. has announced a direct continuation of the time charter contract with Glencore for the m/v Astarte dry bulk vessel.

Drewry has introduced the new Cost Impact Calculator as a means of helping shippers prepare for and better understand fuel costs post-IMO 2020.

“We have long maintained that scrubbers could be the right choice for compliance with the IMO 2020 regulations,” says Scorpio Bulkers.

The vessel became a unique and state-of-the-art 120 m self-discharging cement carrier, with a handling system based on compressors and vacuum pumps for pneumatic conveyance of cement, fly ash and granulated slag.

The vessel was acquired for a combination of cash and shares.