UK dry bulk news
A modest week for the bulk shipping market
The Baltic Exchange has reported a steady decline for the panamax market but a modest resurgence elsewhere among dry bulk shipping classes.
Sedna launches AI-driven solution for charterers
Sedna has launched its new digital technology, Pulse, an AI-driven solution designed to assist charterers as part of a digital maritime transformation.
Dry bulk shipping market update
The Baltic Exchange has released its latest update on the dry bulk shipping market for the week ending 16 February 2024.
Dry bulk shipping market update
Data from the Baltic Exchange has shown fluctuations in the market with ultramax and supramax vessels seeing the most positive changes.
Cemex awarded grant to develop sustainable technologies
Cemex and partners have received a grant of £1.7 million from the UK government funding for next development stage of more sustainable maritime technologies.
Mixed sentiments see gradual positivity seep into the dry bulk market
According to the Baltic Exchange the capesize market witnessed a mixed and evolving week with notable fluctuations in different regions.
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.
Positive outlook for wheat forecasts
At a global level the forecast for major wheat exporters' stocks have been raised with the USDA trimming its own forecast for domestic stock at the close of the season.
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.