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Dry cargo news

 

US soybean exports have hit a new high

According to the USDA China has been the world’s largest importer of US soybeans which has contributed to a marketing-year high.

 

LNG-fuelled panamax commences operation

Mitsui O.S.K. Lines, Ltd and Kyushu Electric Power Co., Inc. have announced that the LNG-fuelled panamax coal carrier Reimei has commenced operation.

 
 
 

EuroDry Ltd. announces agreement to acquire three eco ultramax bulkers

EuroDry Ltd. has announced today that it has agreed to acquire three Ultramax bulkers, M/V Giants Causeway, a 63 197 DWT dry bulk vessel built in 2015, M/V Sadlers Wells, a 63 153 DWT dry bulk vessel built in 2015 and M/V Gallileo, a 63 177 DWT dry bulk vessel built in 2014, for a total price of about US$65 million.