Latest News for: Dry bulk sector

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NGC announces Board of Directors appointments

Dry Bulk 05 Mar 2021
Abdullah Aldubaikhi was named Vice-Chairman ... Through its new grain terminal in Yanbu with advanced offloading, handling, and storage capabilities, NGC will ensure the rapid handling of grains, benefiting private- and public-sector importers ... https.//www.drybulkmagazine.com/dry-bulk/05032021/ngc-announces-board-of-directors-appointments/. .
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Star Bulk grows fleet to 128 with acquisition of kamsarmax resale pair

Splash24/7 04 Mar 2021
Their 3- to 6-month prompt delivery, combined with an attractive purchase price and the strong fundamentals of the Kamsarmax and dry bulk sector overall, ensure this transaction adds value to the Company and to our shareholders.”.
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G E Shipping contracts to buy a secondhand Supramax bulk carrier

Yahoo Daily News 04 Mar 2021
Excluding this, the theshipping company's current fleet stands at 46 vessels, comprising 32 tankers (9 crude carriers, 18 product tankers, 5 LPG carrier) and 14 dry bulk carriers with an average age of 11.77 years aggregating 3.69 million deadweight tonnage (dwt) ... dry bulk carriers and tankers.
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Seven out of 10 bulk carriers not ready for EEXI

Splash24/7 01 Mar 2021
Clarkson Research Services has gone through the environmental profile of the dry bulk carrier sector, a segment accounting for 35% of global fleet tonnage ... Bulker fleet CO2 emissions in 2020 were slightly below 2010 levels, despite dry bulk tonne-mile demand having grown by 40%.
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Capital Link’s 15th Annual International Shipping Forum, March 2-3

The National Herald 28 Feb 2021
NEW YORKCapital Link’s 15th Annual International Shipping Forum takes place Tuesday, March 2 and Wednesday, March 3, 8 AM-4 PM as a digital event ... There is no participation fee. Register online ... Equity Market, Dry Bulk Shipping. Sector Trends & Outlook, Geopolitics, Global Economy & Commerce- Heading into a New Era ... .
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Money in the Wind

The Maritime Executive 15 Feb 2021
... portfolios into the clean energy or renewable energy sectors, including offshore wind ... This opportunity is tempting to owners like NYSE-listed bulk carrier Scorpio Bulkers, which recently announced plans to leave the dry bulk sector and buy South Korean-built WTIVs instead.
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OIL, EIL, Assam govt to acquire Numaligarh Refinery for ₹9,876 cr

Business Line 01 Mar 2021
The Ministry also said that the strategic sale process of another Central Public Sector Enterprise (CPSE), Shipping Corporation of India (SCI) has moved into next stage ... SCI is the only Indian shipping company operating break-bulk services, international container services, liquid/dry bulk services, offshore services and passenger services.
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Castor Maritime enters tanker sector with double aframax buy

Splash24/7 11 Feb 2021
Nasdaq-listed Greek owner Castor Maritime has entered the tanker sector with the acquisition of two 2005-built Korean aframax tankers for $27.2m ... In addition, we believe that the diversification of our fleet across the dry bulk and tanker sector provides us with a natural hedge against the cyclicality of the shipping industry.
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3 Penny Stocks To Watch Before Next Week

PennyStocks 11 Feb 2021
This includes the transport of dry goods such as iron ore, coal, grains, steel, and a slew of others ... In addition, we believe that the diversification of our fleet across the dry bulk and tanker sector provides us with a natural hedge against the cyclicality of the shipping industry.”.
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Dry bulk orderbook at lows not seen since the historic bull run of 2003 to 2008

Splash24/7 03 Feb 2021
The global dry bulk orderbook is experiencing lows not seen since the start of the sector’s greatest ever bull run. Theodore Ntalakos, an S&P broker at Greek firm Intermodal wrote in the company’s latest weekly report that the current dry bulk orderbook stands at record lows.
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Star Bulk snaps up four kamsarmaxes and three ultramaxes from Scorpio

Splash24/7 03 Feb 2021
Nasdaq-listed Greek dry bulk owner Star Bulk Carriers has ... For Scorpio Bulk, the deal moves them close to finalising a fleet clear-out as the company looks to exit dry bulk in favour of the offshore wind sector.
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