European dry bulk news

The Baltic Exchange has reported a steady decline for the panamax market but a modest resurgence elsewhere among dry bulk shipping classes.

Diana Shipping has reported its financial results for 4Q23 and the year ended 31 December 2023 as well as the sale of the capesize vessel, the m/v Houston.

Sedna has launched its new digital technology, Pulse, an AI-driven solution designed to assist charterers as part of a digital maritime transformation.

Minerva Marine has sold one of its oldest capesize dry bulk vessels, marking the company's first sale in almost 10 years.

United Maritime has reported its financial results for the fourth quarter and 12 months ended 31 December 2023 and has declared cash dividend of US$0.075 per share.

The EU Council has launched EUNAVFOR ASPIDES. The objective of this defensive maritime security operation was to restore and safeguard the freedom of navigation in the Red Sea and the Gulf.

Western Bulk has published its second half and preliminary full year results for 2023 and has announced that Hans Aasnæs will step down from his position as CEO.

The Baltic Exchange has released its latest update on the dry bulk shipping market for the week ending 16 February 2024.

Bedeschi has been awarded the complete EPC contract from Voestalpine, an international steel maker, for a complex upgrade of their recently built Direct Reduced Iron (DRI) production plant at Corpus-Christi/Portland, Texas, US.

Klaveness Combination Carriers (KCC) has reported solid financial performance for 4Q23 with EBT of US$25.9 million and EBITDA of US$36.5 million.