European dry bulk news

Diana Shipping Inc. announce that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Bunge SA, Geneva, for one of its Ultramax dry bulk vessels, the m/v DSI Altair.

Diana Shipping Inc. announce that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Paralos Shipping Pte. Ltd., for one of its Kamsarmax dry bulk vessels, the m/v Maia.

Tekmar Group plc announce that it has secured a US$1.5 million contract with an existing Engineering, Procurement, and Construction (EPC) customer to supply engineered scour protection solutions for a major port infrastructure development in the Middle East.

CMB.TECH NV has completed the sale of eight vessels across its tanker and dry bulk segments, generating capital gains of around US$269.2 million.

Icon Energy Corp. announce that its board of directors has determined to effect a 1-for-5 reverse stock split of the Company’s issued common shares par value US$0.001.

Castor Maritime Inc. announces the signing of a sale and leaseback agreement for the M/V Magic Perseus, a 2013-built Kamsarmax bulk carrier vessel with a Japanese counterparty.

Safe Bulkers, Inc. announce that its Board of Directors declared a US$0.50 per share quarterly cash dividend on its Series C and Series D preferred shares.

Cristina Aleixendri, bound4blue, explains how wind-assisted propulsion can drive decarbonisation and deliver commercial advantage in bulk shipping.

Amon Maritime have been awarded investment grants of NOK 298 million from Enova to support the construction of three new ammonia-fueled bulk carriers.

This is a strategic investment in LKAB’s logistics system, creating the conditions for long-term operations in the region.