Dry cargo shipping news
Will 2018 bring further growth for the dry bulk industry?
Reviewing the industry’s road to recovery, BIMCO has indicated that 2018 could be a year that shipowners should take advantage of.
Eagle Bulk adds to its ultramax vessel fleet
Eagle Bulk Shipping Inc. acquires additional ultramax dry bulk carrier.
Diana Ship Management to include dry cargo in management offerings
Dania Ship Management intends to extend ship management capabilities to include dry cargo in a partnership agreement with Clipper Fleet Management.
Simpson Spence Young purchases Bidsted & Co.
Simpson Spence Young agrees terms to acquire Danish shipbroker Bidsted & Co.
Bahri appoints new CEO
Bahri has appointed its next CEO to lead the company into its next phase of growth.
Oldendorff expands babycapes fleet
Oldendorff Carriers acquires four more babycape dry bulk carriers from Hartmann Reederei.
Vale concludes sale of vessels to Bocomm
Vale concludes sale of two VLOC vessels to Bocomm.
Ugland Shipping secures a third new bulker as part of fleet renewal programme
Ugland Shipping AS secures the development of third new bulk carrier to add to their fleet in 2020.
Boston Carriers Inc. completes spot voyage contract in Middle East
Boston Carriers Inc. finalises a spot voyage contract to transport approximately 44 000 short t of dry bulk cargo in between Middle Eastern ports.
MSI: iron ore drives bulker rally but spot market could be set to fall
According to MSI, a New Year bulge in deliveries could take the shine off recent improvements as the market digests the impact of China’s strategy to cut pollution.