European dry bulk news

On 2 March the UK-owned bulk carrier, the Rubymar, finally floundered and sunk into the Red Sea after it was abandoned by its crew following a missile strike.

Diana Shipping Inc. has announced that it has entered into a time charter contract with Louis Dreyfus Co. Freight Asia Pte. Ltd.

The Baltic Exchange's most recent data has shown rising optimism across capesize, panamax, handysize, ultramax and supramax vessels.

Croatian bulker owner and operator Atlantska Plovidba has signed an agreement with Jiangsu Hantong Ship Heavy Industry in China for the construction of two ultramaxes.

NORDEN has acquired four capesize newbuildings to meet the strong demands from customers.

Anglo American has completed a 10-strong chartered fleet of lower emission, capesize, LNG dual-fuelled vessels.

The Port of Rotterdam has announced that it has seen a stable financial year in 2023 which has enabled reinvestment in the port.

Golden Ocean Group Ltd, one of the world's largest listed owner of large size dry bulk vessels, has announced its unaudited results for the three and twelve months ended 31 December 2023.

Martin Engineering has restructured its Italian business and relocated to a new purpose-built facility to boost customer service and accelerate growth.

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