Supramax news

In 2018, freight derivative volumes in the tanker market rose by 20%, volumes in the dry market rose 1.4%, and dry options volumes rose by 44%.

Goodbulk delivered one of its supramax vessels to its new owner pursuant to a sale agreement made on 9 July 2018.

The acquisition has been funded by cash on-hand and new debt equating to US$12.8 million.

Star Bulk Carriers Corp. announces the termination of the debt restructuring restrictions, and has refinanced existing loans with new debt financing totalling over US$625 million.

The supramax/ultramax owner-operator reported a loss of US$16.6 million in 4Q17, compared to a net loss of US$142.4 million in the same quarter the year before.

G E Shipping has contracted to sell one of its supramax dry bulk carrier.

BIMCO has provided its November dry bulk shipping market overview and outlook 2017.

GoodBulk Ltd enters into an agreement to acquire up to 13 capesize dry bulk vessels.

ESL Shipping renews its contract to transport iron ore from Baffin Island, Canada, to Bremen, Germany on its supramax vessel Arkadia.

Eagle Bulk Shipping Inc. takes delivery of the M/V Madison Eagle from Greenship Bulk Trust.