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European dry bulk news

Capesize market shows signs of improvement

The latest update from the Baltic Exchange has shown that the capesize market saw marginal improvement as other sectors also saw limited fixings.

 
 

Drydel places order for first new bulker

Greek shipping company Drydel has placed its first order for new bulk carriers since its transition from Meadway Shipping and Trading.

 
 
 
 
 
 

BIMCO reports on Red Sea crisis

BIMCO has reported that an estimated 13% of world seaborne trade is under attack from Houthis and Somali pirates.

 

Capesize rates face downturn

The Baltic Exchange has reported that after a positive start to the market, competition has led to strong movements across all shipping vessel classes.