US dry bulk news
Genco Shipping has advanced its fleet renewal strategy
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.
Safe Bulkers has announced the sale of a kamsarmax vessel
Safe Bulkers, Inc. has announced the sale of a 2015-built kamsarmax class dry-bulk vessel.
Chinese import delays have put pressure on wheat prices
CRM Agri has reported that the price of Paris and Chicago wheat has faced pressure from delayed wheat imports from China.
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.
LOGISTEC has won the Best Specialist Dry Bulk Terminal Award
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.
CRM Agri have reported on weakened wheat prices
Mixed wheat prices have led to Chinese buyers importing foreign wheat amid weakened prices according to CRM Agri.
US soybean exports have hit a new high
According to the USDA China has been the world’s largest importer of US soybeans which has contributed to a marketing-year high.
Another week of positive momentum across bulk carrier classes
The Baltic Exchange has reported that there has been widely positive growth across all dry bulk carrier classes.
Star Bulk has revealed its third quarter results
Star Bulk Carriers Corp. has announced its unaudited financial and operating results for the third quarter of 2023.
Encouraging momentum across all dry bulk carrier classes
The dry bulk shipping market saw some positive sentiment and momentum last week across all dry bulk carrier classes.