Dry cargo shipping news

Pilbara Ports has reported that in December 2023 there was an overall increase in total monthly throughput when compared to December 2022.

Hapag-Lloyd and Maersk have signed an agreement for a new long-term operational collaboration called 'Gemini Cooperation', which will start in February 2025.

Svend Stenberg Mølholt has been appointed the new Chief Commercial Officer at Inchcape Shipping Services.

Diana Shipping Inc. has announced that it has entered into a time charter contract with Stone Shipping Ltd, for one of its ultramax dry bulk vessels.

It has been reported that a dry bulk shipping vessel owned and operated by Eagle Bulk Shipping was struck by a missile fired from Houthi-controlled areas of Yemen as it was transiting past the Gulf of Aden.

The Baltic Exchange has reported a decline in charter rates across multiple dry bulk vessel classes with no sign of abating.

Geopolitical tensions and slowing economic growth was reflected in the annual figures of Port of Antwerp-Bruges which showed total throughput was down by 5.5%

The Association of American Railroads has reported that rail traffic on the whole has seen a small increase when compared to the same period in 2023.

Eastern Pacific Shipping has announced its order of an additional four dual-fuelled ammonia newcastlemax dry bulk vessels.

Safe Bulkers, Inc. has announced that it has entered into an agreement for the acquisition of a Japanese, 82 000 DWT, dry-bulk, kamsarmax class vessel.