European dry bulk news

Diana Shipping Inc. has announced a time charter contract for m/v Philadelphia with NYK Line.

Seanergy maritime achieves key partnership with EU Funding and major industry stakeholders under SAFeCRAFT to revolutionise maritime propulsion for existing vessels.

ESL Shipping has joined the Science Based Targets initiative and committed to setting both near-term and long-term company-wide science-based emission reduction targets.

Castor Maritime Inc. has announced the sales of the M/V Magic Nova and the M/V Magic Horizon for an aggregate price of US$31.9 Million with an expected net gain of US$9.0 Million.

NYK held its first Dry Bulk Safety Conference in Athens, Greece, on 25 January which was attended by 74 participants from 36 Greek shipowners and other companies involved in the dry bulk business.

According to the Baltic Exchange the capesize market witnessed a mixed and evolving week with notable fluctuations in different regions.

Martin Engineering has announced the release of its new belt conveyor alignment system using widely available plate steel.

Diana Shipping Inc. has announced its plans to expand its previously announced joint venture for offshore wind service vessels.

Diana Shipping Inc. has announced the sale of the m/v Artemis, a 2006-built panamax dry bulk vessel.

According to the Baltic Exchange, dry bulk shipping has seen positive growth in the Atlantic market with some minor decreases seen in South America and the US Gulf.