Dry cargo shipping news

Diana Shipping Inc. has announced time charter contracts for the m/v Santa Barbara with Smart Gain and the m/v Phaidra with Aquavita.

Phase One of the project has now been handed over to Solent Stevedores by contractors Ryebridge Construction and will be immediately used for storing loaded and empty containers.

AD Ports Group has announced plans to expand its fleet with the purchase of five bulk carriers and three crude oil tankers.

Diana Shipping has announced that it has entered into a time charter contract with Reachy Shipping for one of its Kamsarmax dry bulk vessels, the m/v Astarte.

The seaborne transhipment of goods at the North Sea Port declined in 1Q23 by 4% – the first decline in over two years.

Nippon Yusen Kabushiki Kaisha (NYK) Group has partnered with Orca AI, developer of a unique automated situational awareness platform, to enhance its fleet’s safety.

Maran Dry Management (MDM) has taken delivery of two Newcastlemax bulk carriers – the DNV-classed vessels are the first LNG-fuelled bulk carriers to join the MDM fleet.

Star Bulk and Eagle Bulk enhance voyage optimisation capabilities with Sofar Ocean’s Wayfinder platform.

Supply and demand in the dry bulk sector is showing a clear upward trend, having weakened significantly at the start of this year, according to INTERCARGO.

Imperial Petroleum Inc. has announced that, through a wholly-owned subsidiary, it has filed a registration statement to affect a spin-off of two of its dry bulk carriers.