European dry bulk news

Castor Maritime Inc. has announced the sale of the M/V Magic Venus for US$17.5 million with an expected net gain of US$3.5 million.

The World Shipping Council, the International Chamber of Shipping and BIMCO have expressed their thanks to the 12 nations that have jointly condemned the attacks on ships in the Red Sea.

Wheat prices extended their soft start to 2024, weighed by crop improvement in the top US growing state with European wheat exports witnessing competitive growth from increased Ukrainian grain exports.

AD Ports Group has announced Noatum’s acquisition of APM Terminals Castellón in Spain for €10 million, strengthening Noatum's position in the western Mediterranean region.

Diana Shipping Inc. has announced the signing of a time charter contract with Cargill Ocean Transportation for the dry bulk carrier m/v DSI Pollux.

AtoB@C Shipping has taken delivery of a next-generation electric hybrid vessel Electramar which will see emissions reduced by 50%.

Simpson Spence Young has launched a carbon calculator to help clients navigate the transition into the European Union Emissions Trading Scheme (EU ETS).

Safe Bulkers, Inc. has announced an agreement for the acquisition of one Japanese kamsarmax class dry-bulk vessel.

Diana Shipping Inc. has released its 2022 Environmental, Social and Governance Report providing an overview of the companies policies and practices.

Castor Maritime Inc. has announced the sale of the M/V Magic Orion for US$17.4 million with an expected net gain of US$2.0 million and the completion of the sale of the M/V Magic Argo.