Supramax news
Positive growth seen in Atlantic shipping
According to the Baltic Exchange, dry bulk shipping has seen positive growth in the Atlantic market with some minor decreases seen in South America and the US Gulf.
Dry bulk shipping market continues to see sustained decline
The Baltic Exchange has reported a decline in charter rates across multiple dry bulk vessel classes with no sign of abating.
Muted and sedated start for the 2024 dry bulk market
The Baltic Exchange has reported that there has been a slow start to the 2024 dry bulk market with limited fresh enquiry in the ultramax sector and a sedated start for the panamax sector.
'K' Line plans to use JGreeX green steel for new bulk carrier
'K' LINE has decided to implement JGreeX, the green-steel product manufactured by JFE Steel Corp., for an ultramax bulker set to be built by Imabari Shipbuilding Co., Ltd.
Dry Bulk market completes another week of correction
The Baltic Exchange has reported that the dry bulk shipping market has seen another week of corrections during the third week of December.
Jinhui Shipping has signed an agreement to dispose of a vessel
The Board of Jinhui Shipping and Transportation Ltd has announced that a subsidiary of the company entered into a memorandum of agreement on 12 December for the disposal of a supramax at an initially estimated price of US$10.43 million.
Star Bulk and Eagle Bulk Shipping are set to combine
Star Bulk Carriers Corp. and Eagle Bulk Shipping Inc. have entered into a definitive agreement to combine their assets and create a global dry bulk leader.
Dry bulk shipping market faced declines and fluctuations
The Baltic Exchange reported that there have been general fluctuations and declining rates across all dry bulk vessel classes.
The dry bulk shipping market has seen increased strength
At the end of November the positive momentum seen throughout the month continued with all bulk vessel classes seeing strong growth.
The Baltic Exchange has reported on another week of improvement
Initially gloomy market sentiments were replaced by positivity by the end of the week according to the Baltic Exchange.