European dry bulk news

Data from the Baltic Exchange has shown fluctuations in the market with ultramax and supramax vessels seeing the most positive changes.

Finnish energy company Gasum has performed the first LNG bunker delivery to Seaworks’ new self-unloading dry bulk vessel in Risavika, Norway.

Meadway Shipping has announced its plans to change the company's name to DryDel Shipping by the end of February 2024.

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.