European dry bulk news

The EU have announced tariffs on grains and oilseeds from Russia and Belarus which are set to commence on 1 July 2024.

The Baltic Exchange has reported limited positive activity in the dry bulk shipping market with the exception of the capesize market segment.

The Baltic Exchange has reported that there have been some slight improvements across dry bulk market segments, namely in the handysize and capesize sectors.

Castor Maritime Inc. has announced the completion of the sale of the M/V Magic Vela.

Danish dry bulk shipping company Norden has bolstered its fleet with a pair of newcastlemaxes from Eastern Pacific Shipping.

Columbia Shipmanagement has underlined its commitment to the Turkish market and entered into a partnership with shipping operator Transoba Denizcilik ve Ticaret A.S.

The hybrid dry bulk vessel, Electramar, was christened in the city centre of Helsinki, Finland on 15 May with a traditional ceremony celebrated by clients, stakeholders and employees.

CRM Agri has reported that wheat prices have soared, as worries over Black Sea supplies spread to Ukraine, while oilseeds gained support from firmer vegetable oil markets.

The Baltic Exchange has reported on a slow week for the dry bulk shipping marketplace with the capesize market seeing a noticeable decline.

Navios Maritime Partners has taken ownership of four chartered-in kamsarmax bulk carriers.