Dry Cargo

This page features all the latest news and developments in dry cargo and dry bulk shipping.

Dry Cargo

September 19, 2019

Dry Bulk Shipping: Rates may have climbed out of the abyss, but challenges remain in place for the autumn

BIMCO expects the fundamental market balance to deteriorate in 2019 which will do nothing to improve freight rates as the 2020 sulphur cap nears. (more…)

September 18, 2019

Pacific Basin to buy four bulk carriers in cash-and-shares deal

Pacific Basin has entered into a conditional agreement to acquire four secondhand dry bulk vessels for USD 73.84 million, that would be 33% funded by...

September 17, 2019

Eagle Bulk Welcomes Second of 6 Ultramaxes to Fleet

Eagle Bulk Shipping, one of the world’s largest owner-operators within the Supramax / Ultramax segment, announced that is has taken delivery of the second of...

September 16, 2019

Golden Ocean: Increased investment in dry bulk freight operator

Golden Ocean announced that it has agreed to make a further investment in Singapore Marine in connection with the acquisition of the majority of assets...

September 12, 2019

K Line Takes Delivery of New Corona Coal Carrier

K Line has taken delivery of a 88,000 dwt coal carrier from Imabari Shipbuilding. (more…)

September 12, 2019

Eagle Bulk Takes Delivery of M/V Dublin Eagle

Eagle Bulk Shipping Inc., one of the world’s largest owner-operators within the Supramax / Ultramax segment, announced that it has taken delivery of the first...

September 9, 2019

Castor Maritime Takes Delivery of M/V Magic Sun; New Time Charter Contract With Oldendorff

Castor Maritime Inc., a global shipping company specializing in the ownership of dry-bulk vessels, announced, pursuant to a memorandum of agreement dated July 25, 2019,...

September 5, 2019

Clipper Bulk Adds 3 Handysize Bulkers

Clipper Bulk has reached an agreement to expand its fleet with the purchase of three Handysize cargo vessels. (more…)

September 3, 2019

IMO 2020 Starting to Drive Up Bulk Shipping Costs

The cost of shipping commodities by sea surged to the highest in almost nine years as vessel owners start taking carriers off hire to prepare...

August 29, 2019

Grindrod Shipping agrees to buy out IVS Bulk stakeholder

Grindrod Shipping, a global provider of maritime transportation services in the drybulk and product tanker sectors, announced its first half 2019 earnings results for the...

August 19, 2019

NORDEN signs multiple long-term global contracts

NORDEN has contracted with Enviva to transport 1.3-1.5 million metric tons of wood pellets from the United States to Europe over a 6-year period. (more…)

July 23, 2019

Diana: Continuation of Time Charter Contract for m/v Myrto with Cargill

Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has entered into...

July 18, 2019

Diana Shipping Announces Time Charter Contract for m/v Selina with Ausca

Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has entered into...

July 16, 2019

Safe Bulkers announces the Successful Installation and Commissioning of the First Scrubber on MV Martine

Safe Bulkers, an international provider of marine drybulk transportation services, announced that the first scrubber was successfully installed and commissioned on MV Martine, a Japanese,...