NORDEN has placed a newbuilding order for six dry cargo vessels from Dalian COSCO KHI Ship Engineering, a joint venture of COSCO Shipping and Kawasaki Heavy Industries.
Pangaea Logistics Solutions Ltd. has announced its acquisition of a 61 000 dwt dry bulk vessel from the second-hand market for US$26.6 million.
Globus Maritime Ltd. has announced that it has entered into a binding agreement to sell its 2007-built Supramax vessel, the m/v Sun Globe.
The Baltic Exchange has published its latest quarterly reporting, its ‘Investor Indices’, in which it reviews the impact of higher steel values on dry bulk carriers.
Pacific Basin Shipping Ltd has announced the successful purchase of six second-hand vessels as part of ongoing efforts to grow and renew its fleet.
SSY Futures has released a statement analysing and supporting forward freight agreement (FFA) volume growth.
“K” LINE has started collaborative research on decarbonisation with JSW Steel Ltd to achieve net-zero greenhouse gas emissions in the industry.
Kawasaki Kisen Kaisha, Ltd has conducted a trial use of marine biofuel supplied by GoodFuels on supramax bulker ‘ALBION BAY’, with the co-operation of JFE Steel Corp.
Pacific Basin’s continued digitalisation and decarbonisation programme harnesses the latest technology to drive operational, cost, and environmental efficiencies and reduce risks in ports.