Genco Shipping and Trading Ltd has acquired two high specification capesize vessels and has agreed to sell an older capesize vessel for US$19.5 million.
CRM Agri has reported that the price of Paris and Chicago wheat has faced pressure from delayed wheat imports from China.
Initially gloomy market sentiments were replaced by positivity by the end of the week according to the Baltic Exchange.
At the 2023 International Bulk Journal Awards LOGISTEC won the Best Specialist Dry Bulk Terminal Award for its services across its North American network of port terminals.
Mixed wheat prices have led to Chinese buyers importing foreign wheat amid weakened prices according to CRM Agri.
According to the USDA China has been the world’s largest importer of US soybeans which has contributed to a marketing-year high.
The Baltic Exchange has reported that there has been widely positive growth across all dry bulk carrier classes.
Star Bulk Carriers Corp. has announced its unaudited financial and operating results for the third quarter of 2023.
The dry bulk shipping market saw some positive sentiment and momentum last week across all dry bulk carrier classes.