Dry cargo shipping news

Jiangsu Hantong has secured an order to construct six ultramax dry bulk carriers for Singapore-based owner Pioneer Logistics.

Cimbria has shipped the elevator top for its high-capacity Bucket Elevator EH64 to the port terminal facility it is constructing for UMEX SA Constanta in Romania.

Manta Marine Technologies has secured its 400th vessel contract for its industry-leading automated propulsion optimisation technology system, FuelOpt™.

AD Ports Group has announced the signing of a purchase agreement with Inveco LLC to acquire 60% ownership in the Tbilisi Dry Port.

The Baltic Exchange has reported that there has been a noticeable dip in the dry bulk shipping market as larger vessel rates withdraw.

Castor Maritime Inc. has announced that its board of directors has determined to effect a 1-for-10 reverse stock split of the company’s common shares.

CargoMetrics has released the first of their kind emissions and fuel consumption products for benchmarking, monitoring, and carbon trading conveniently available on AWS Data Exchange.

PTI has reported that in the 2023 January-April period the number of Indian coal imports rose to 212 million t.

BIMCO has reported that an estimated 13% of world seaborne trade is under attack from Houthis and Somali pirates.

A new Wärtsilä Corp. report has estimated that sustainable shipping fuels can reach cost parity with fossil fuels by 2035.