European dry bulk news

NORDEN has signed a Contract of Affreightment (COA) of up to 10 years with LKAB and ordered two ice-class multipurpose vessels, expanding its position in specialised specialised segments.

The Baltic Exchange provides an update on the Dry Bulk markets for Week 12.

Diana Shipping Inc. announced that, through a separate wholly-owned subsidiary, it has extended the time charter contract with Nippon Yusen Kabushiki Kaisha, Tokyo, for one of its Kamsarmax dry bulk vessels, the m/v Myrto.

Martin Engineering have introduced the next generation of safe and effective transfer point dust control equipment.

V.Group has been chosen by Laskaridis Maritime to provide crew manning services for two of its dry bulk vessels, and full technical management to the newest addition to its fleet, the LR2 tanker Lucknam.

Cavotec has received an order valued at approximately €3 million for shore power systems to be deployed across several ports in southern Italy.

INTERCARGO has expressed deep concern over the rapidly evolving security situation in the Gulf waters and the Strait of Hormuz, stressing that the safety and wellbeing of seafarers must remain the industry’s overriding priority.

The Baltic Exchange provides an update on the Dry Bulk markets for Week 10.

Diana Shipping Inc. announce that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with SwissMarine Pte. Ltd., Singapore, for one of its Panamax dry bulk vessels, the m/v Crystalia.

Anemoi Marine Technologies Ltd and Lloyd’s Register have published a paper encouraging closer alignment between existing methodologies used to verify the performance of wind-assisted propulsion systems (WAPS).