European dry bulk news

Diana Shipping Inc. announce that through a separate wholly-owned subsidiary, it has entered into a time charter contract with Nippon Yusen Kabushiki Kaisha, Tokyo, for one of its Post-Panamax dry bulk vessels, the m/v Phaidra.

The Panama Canal and the U.S. Grains & BioProducts Council (USGBC) signed a Memorandum of Understanding (MOU) designed to strengthen their collaboration through the enhancement of global trade with US agricultural products.

Anemoi Marine Technologies and COSCO SHIPPING Heavy Industry Ltd deepen partnership to provide comprehensive wind propulsion installation services across CHI subsidiary shipyards.

The Baltic Exchange provides an update on the Dry Bulk markets for Week 5.

United Overseas Group is expanding beyond its traditional tanker focus, revealing an agreement to acquire Norvic Shipping’s commercial operations along with a fleet of nine Japanese-built bulk carriers.

Seabound celebrates completion of first full-scale maritime carbon capture units and €1.5 million European Space Agency award at event in Doncaster.

Metso has acquired MRA Automation (Multiskilled Resources Australia Pty Ltd), a privately owned engineering company based in Newcastle, NSW, Australia.

As the bulk carrier sector pursues lower and zero-carbon operations, such approvals help build confidence among shipowners, financiers, and charterers in new design solutions.

Peel Ports Group has partnered with digitalisation specialist TBA to transform its dry bulks standardisation programme and future-proof operations as part of a £4m investment.

Berge Bulk and Anemoi Marine Technologies Ltd have completed the installation of four folding Rotor Sails, 5 metres in diameter and 35 metres in height, on Berge Bulk’s 208 000 DWT Newcastlemax vessel Berge Meru.