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