Latest News for: Dry bulk sector


WinGD and CBM.Tech Partner for First Ammonia-Fueled Bulkers

The Maritime Executive 01 Feb 2023
A project is launching to develop large ammonia-fueled engines that would represent a significant step forward in the efforts to bring about ammonia as an alternative zero-emission fuel for the maritime sector ... The company reports it has a fleet of 48 dry bulk vessels ranging across all the major size categories for the sector.

GAC North America opens new office in Seattle

Dry Bulk 30 Jan 2023
GAC North America provides extensive ship agency services throughout the United States covering a wide range of sectors, including dry bulk, general cargo, tankers, offshore oil and gas, LNG, LPG, ro-ro, and cruise ... https.// .

Baltic dry index slides as iron ore shipments kick off 2023 with 13.1% drop

Hellenic Shipping News Worldwide 25 Jan 2023
... so far been a disappointment for the dry bulk shipping sector.

US supply chain congestion eases, carriers seek cargo

Seatrade Maritime News 25 Jan 2023
A central question facing the liner sector, along with dry bulk, and tankers, as well, though to a lesser extent, concerns China; what will happen as activity resumes after the pause as Lunar New Year is celebrated? For shipping lines serving the US, uncertainty about a possible recession is also clouding the carriers’ economic radar.

Baltic Exchange releases its latest Baltic Investor Indices

Dry Bulk 24 Jan 2023
The Baltic Exchange has published its latest quarterly reporting, its ‘Investor Indices’, in which it reviews the impact of higher steel values on dry bulk carriers ... The Baltic Exchange publishes a regular set of investor indices for the major dry bulk sectors, including.

Why shipowners are not investing in tanker and bulker newbuildings

Seatrade Maritime News 16 Jan 2023
Looking at commodity driven shipping in the wet and dry bulk sectors Frederik Guttormsen, Managing Director of Shipping for IMC Industrial Group, commented ... He asked why people were confident to invest in containerships but not in tankers and dry bulk ... However, coming dry bulk and tankers he said, “honestly the numbers just don’t make sense”.

High on dry: Deutsche Bank gets behind a 2023 rally for Star Bulk and dry trade

Tradewinds 16 Jan 2023
The biggest public operator in the dry bulk sector has already seen a bottom in its share price and is set to lead a recovery of the broader market from ...

GPHA holds Thanksgiving Service

B & FT Online 12 Jan 2023
The GPHA Boss heaped praises on management and staff of the authority who joined forces to complete the construction and commencement of the operations of the ultra-modern Dry Bulk Terminal at the Port of Takoradi, which was initially intended to be concessioned to the private sector ... ....

GMS’ shipowning arm Lila Global appoints new CEO

Seatrade Maritime News 09 Jan 2023
Kunzer comes with more than 30 years of experience in operating large fleets in the dry bulk, tanker and vehicle carrier sectors ... Listen to an episdoe of the Seatrade Maritime Podcast on the outlook for the dry bulk market in 2023.

Multipurpose shipping to outgun competing sectors

Hellenic Shipping News Worldwide 09 Jan 2023
While multipurpose vessel (MPV) rates are expected to soften through ...

Dry bulk shipping market outlook – a difficult year ahead

Seatrade Maritime News 06 Jan 2023
In the third part of our shipping market outlook series we are focusing on the dry bulk sector with Plamen Natkoff, Associate Director for Dry Bulk Commodities and Freight with Maritime Strategies International (MSI) ... So, the dry bulk  market had to contend with negative cargo volume growth.

Futures supports FFA volume growth

Splash24/7 06 Jan 2023
... tankers and dry bulk ... Today these smaller dry bulk markets represent 20% of all dry bulk FFAs traded ... “2022 was another year of growth for the tanker FFA market and a good performance for dry bulk.”.

SSY Futures supports FFA volume growth

Dry Bulk 06 Jan 2023
The latest figures compiled from the clearing houses have underlined the continued depth of the market for freight derivatives, both for tankers and dry bulk ... Taking a closer look at the breakdown of the figures, we saw a very positive growth in the dry bulk handysize and supramax sectors.

Year of two halves for dry bulk

Splash24/7 05 Jan 2023
Like yesterday’s tanker outlook, analysts reckon 2023 will be better for dry bulk in the second half of the year once the sector’s most important player, China, has got its economy on a more solid footing ... Like tankers, the dry bulk orderbook is at decades-low numbers.

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In this handout photo taken from video released by Russian Defense Ministry Press Service on Wednesday, Oct. 26, 2022, a Sineva intercontinental ballistic missile is test-fired as part of Russia's nuclear drills by a Russian nuclear submarine from the Barents Sea.
AP / Russian Defense Ministry Press Service
22 April 2021, Margrethe Vestager, Executive Vice President of the European Commission for A Europe Fit for the Digital Age, and Vera Jourova, Vice President of the European Commission for Values and Transparency, during Meeting of the College of Commissioners: Orientation debate on the Fit for 55 initiatives, Brussels, Belgium.
European Community / Etienne Ansotte