Dry cargo shipping news

Shipbroker Simpson Spence Young has released its 2021 Outlook Report, in which it reviews the next 12 months and highlights areas of particular interest.

Pilbara Ports Authority has shared its shipping figures for December 2020.

The Port of Tilbury and ADM Erith have launched a twice-daily coastal barge operation to deliver oil seed rape along the River Thames.

Globus Maritime Ltd has secured new time charter employment for its dry bulk vessel ‘Moon Globe’.

The freight derivatives markets for both tankers and dry cargo vessels saw increased traded volumes in 2020, according to data released by the Baltic Exchange.

Eagle Bulk Shipping Inc. has announced that it has purchased two modern high-specification SDARI-64 scrubber-fitted Ultramax bulk carriers.

According to EastGate, despite a tumultuous operating environment, the interest of market participants in investing in second-hand Capesize tonnage appears to be unabated.

Safe Bulkers, Inc. has entered into an agreement for the acquisition of a Japanese-built post-Panamax class dry bulk vessel for delivery in 3Q22.

NORDEN continues to shift its exposure from the tanker segment to dry cargo.

Genco Shipping & Trading is set to acquire three modern, fuel-efficient Ultramax vessels in exchange for six older non-core Handysize vessels.