Dry cargo shipping news

Oldendorff Carriers has signed a contract with Harbor Lab to provide global transparency in port transactions and revolutionise disbursement accounting.

K Line has announced that it has signed a memorandum of understanding (MoU) with multiple partners regarding joint development efforts for the commercialisation of ammonia-fuelled ships.

DryDel Shipping has continued the expansion of its fleet since its rebranding, with the delivery of a kamsarmax.

Peak Group and The CSL Group have announced the launch of a new partnership, Peak CSL Group, following CSL’s acquisition of 50% of Peak.

Star Bulk Carriers Corp. has announced that it has completed its previously announced merger with Eagle Bulk Shipping Inc.

The latest update from the Baltic Exchange has shown that the capesize market saw marginal improvement as other sectors also saw limited fixings.

DP World and Brazilian railway operator Rumo have announced plans to build a new grain and fertilizer terminal at the Port of Santos, Brazil.

Costamare Inc. has declared its latest quarterly cash dividend on its preferred common stock.

Safe Bulkers, Inc. has declared its quarterly dividend on its 8% Series C and Series D Cumulative Redeemable Perpetual Preferred Shares.

INTERGARGO and RightShip have collaborated on the launch of a new Dry Bulk Centre of Excellence dedicated to the administration of the Dry Bulk Management Standard framework.