Supramax news

Data from the Baltic Exchange has shown fluctuations in the market with ultramax and supramax vessels seeing the most positive changes.

According to the Baltic Exchange the capesize market witnessed a mixed and evolving week with notable fluctuations in different regions.

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.

The Baltic Exchange has reported a decline in charter rates across multiple dry bulk vessel classes with no sign of abating.

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 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.

The Baltic Exchange has reported that the dry bulk shipping market has seen another week of corrections during the third week of December.

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 Carriers Corp. and Eagle Bulk Shipping Inc. have entered into a definitive agreement to combine their assets and create a global dry bulk leader.

The Baltic Exchange reported that there have been general fluctuations and declining rates across all dry bulk vessel classes.