Dry cargo shipping news

Ports of Indiana's Burns Harbor has kicked off a record construction season with more than US$77 million in projects underway at the Lake Michigan port.

The Baltic Exchange has reported on a slow week for the dry bulk shipping marketplace with the capesize market seeing a noticeable decline.

Castor Maritime Inc. a diversified global shipping company, has announced its first quarter results for the three months ended 31 March 2024.

Navios Maritime Partners has taken ownership of four chartered-in kamsarmax bulk carriers.

Greece’s Harbor Lab has raises US$16 million to streamline port call cost management for the US$14 trillion shipping industry.

Maris Fiducia has teamed up with HAV Hydrogen, Norwegian Hydrogen and Ankerbeer for zero emission bulk shipping.

An MoU has been signed between Japanese shipping companies and Drax Group to develop the world's first biomass-fuelled ship and the technology to power it.

Japanese shipping company Itochu Corp. has contracted two ultramax bulk carrier newbuilds from ship builder New Dayang, China.

Baltic Exchange Information Services Ltd has published the reports following two independent audits conducted by PricewaterhouseCoopers LLP for dry bulk and container box indices.

Intermarine has launched its new subsidiary Intermarine Bulk Carriers and has expanded its fleet with two new vessels.