European dry bulk news

Norden has been set to acquire Norlat Shipping to further grow projects and parcelling activities.

The Baltic Exchange has reported that the week saw a move in the dry bulk shipping market to correct its course.

Cargo throughput in the port of Rotterdam has remained virtually unchanged in 1H24 compared to the same period in 2023.

TBA Group has appointed a new Director for its Control Automation team in Doncaster, working with customers on various bulk material handling projects.

Dry bulk ship owner Oldendorff has announced the sale of one of its post-panamax vessels at a time where the market is softening.

The Baltic Exchange has reported that there was an increase in capsize rates on the 5TC as other markets saw some gains.

Diana Shipping Inc. has announced time charter contract for m/v Atalandi with Cargill.

Longship has taken delivery of the first out of four ultra-low-emission, diesel-electric general cargo ships from Türkiye’s Atlas Shipyard.

Western Bulk has sold an ultramax and realised a US$4.5 million vessel sale profit.

The Baltic Exchange has reported that there has been a lack of activity across the Atlantic market with rising activity in the Pacific.