Latest News for: Dry bulk sector

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GAC sets up first office in Vietnam

Seatrade Maritime News 21 Mar 2023
The office, located in Ho Chi Minh City, supports customers at ports along the Saigon River with an integrated portfolio of shipping, logistics and marine services to a wide range of sectors, including dry and liquid bulk, liners, FMCGs and offshore energy.
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Business costs soar as Russia sanctions bite – survey

FX Empire 21 Mar 2023
... DWF’s global head of transport sector, told Reuters ... The survey – which was conducted between October and November last year – canvassed 50 senior executives with transport companies including the container and dry bulk shipping sectors, air and road cargo and freight forwarding.
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BIMCO pushes for 25% e-bills of lading usage across dry bulk sector by 2025

Splash24/7 16 Mar 2023
International shipping organisation BIMCO has launched an initiative targeting 25% of annual dry bulk seaborne trades using electronic bills of lading (eBLs) by 2025. The so-called “25 by 25 pledge” is part of an ongoing effort to accelerate trade digitalisation and streamline the supply chain process in the bulk sector.
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Swire Bulk becomes newest Sustainable Shipping Initiative member

Hellenic Shipping News Worldwide 10 Mar 2023
... in the dry bulk sector, with a trading fleet of around 150 Handysize ....
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Swire Bulk joins SSI

SAFETY4SEA 09 Mar 2023
Headquartered in Singapore, Swire Bulk is a vessel owner and operator in the dry bulk sector, with a trading fleet of around 150 Handysize and Supramax vessels commercially controlled by eight global offices ... Swire Bulk’s Chief Executive Officer, Peter Norborg, shared, “As Swire ...
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Isle of Man Ship Registry joins INTERCARGO

Seatrade Maritime News 07 Mar 2023
IOMSR deputy director Toby Brooks said the dry bulk sector is hugely important to the ship registry, both in terms of the significant tonnage that dry bulk ships bring to the Isle of Man flag and the quality of those vessels in terms of Port State Control inspections and flag state reputation.
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Capesize bulker spot rates double in a week as futures trend upward

Tradewinds 07 Mar 2023
... futures market signals even better days ahead for the dry bulk sector.
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Cleaves tips new cyclical bulker peak in 2025 as S&P interest revives

Tradewinds 03 Mar 2023
Cleaves Securities is backing the dry bulk ...
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Cargill testing new sail technology for cargo ships to cut emissions

Reuters 01 Mar 2023
Cargill will test a dry bulk vessel with two wind sails carrying cargo onboard later this year, said Jan Dieleman, president of the group's ocean transportation division ... Cargill has separately signed a long-term charter deal for two dry bulk ships which can be fuelled by methanol, and will be delivered at the end of 2025 and the start of 2026.
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Methanol boxship orders growing more rapidly than all other fuel types

Splash24/7 01 Mar 2023
The container segment is leading shipping to green new pastures, taking a massive lead when it comes to investing in methanol propulsion ... While containerlines have led the way towards methanol propulsion, dry bulk and tanker orders are also now in the mix. Another important shipping sector, the cruise business, is also keen to embrace methanol ... .
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Industrial improvement in China amid global recession

Splash24/7 28 Feb 2023
Jeffrey Landsberg from Commodore Research has good news from China for dry bulk owners ... At present, it is in the industrial sectors where there have been new encouraging changes in China, and for the dry bulk shipping market this has been helpful for the spot market ... bulk market.
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Al Seer Marine acquires $90mln gas vessel

Hellenic Shipping News Worldwide 24 Feb 2023
... in crude and gas tankers, and dry bulk shipping sectors.
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Suez Canal hiking surcharges for laden product tankers

Seatrade Maritime News 16 Feb 2023
The product tanker sector has been enjoying its best market in years buoyed by the impact of sanctions on Russia on tonne miles ... The increases excluding the poorly performing dry bulk sector and cruise ships and business still recovering from the impact of the pandemic.
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Wah Kwong exits handy sector

Splash24/7 13 Feb 2023
... the handy sector ... The owner has a diversified fleet with exposure to different sectors, including dry bulk and crude.

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