European dry bulk news

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.

Trelleborg Marine and Infrastructure has successfully completed delivery of its SafeTug real-time positioning technology to the towage fleet operating in Port of Port Hedland, Western Australia.

Cavotec has signed an order valued at approximately €2 million for its MoorMaster NxG automated vacuum mooring technology from Danish ferry operator Molslinjen A/S.

Anemoi Marine Technologies is to install Rotor Sails on two newbuild chemical tankers under construction for Union Maritime Limited.

Diana Shipping Inc. announces time charter contracts for m/v DSI Pollux with Stone Shipping and m/v DSI Andromeda with Western Bulk.