Latest News for: Dry bulk sector


Shipping’s long tail cause for concern in meeting green goals

Splash24/7 27 Sep 2023
While the container and gas shipping sectors are comparatively ...

Pyxis Tankers gets $40.7m from US buyer for eight-year-old MR2

Splash24/7 22 Sep 2023
Greek owner Pyxis Tankers is selling one of its product carriers to an unaffiliated US buyer for $40.75m in cash. The Nasdaq-listed company has struck a deal to offload the 2015-built 50,295 dwt MR2 Pyxis Epsilon, currently estimated by VesselsValue at $35.5m ... In August, Pyxis moved into the dry bulk sector in a joint venture with Valentis ... .

MOL and Tsuneishi Join Methanol Ranks Ordering Their First Dual-Fuel Bulker

The Maritime Executive 21 Sep 2023
Lines Dry Bulk Co ... are joining the emerging sector announcing the order of a methanol dual-fuel bulk carrier due for delivery in 2027 ... Under the terms of the agreement, MOL Dry Bulk will run the vessel on a time charter.

China’s struggling property sector is not impacting dry bulk demand, experts say

Tradewinds 20 Sep 2023
China’s real estate sector has often been considered the main ...

Newbuilding Activity Settles Down

Hellenic Shipping News Worldwide 20 Sep 2023
In the dry bulk sector, Meadway Shipping have ....


Hellenic Shipping News Worldwide 17 Sep 2023
... sales from both – the dry bulk and container sectors.

Geneva Dry Dialogues: Edward Buttery

Splash24/7 13 Sep 2023
Supply of ships remains limited and, over the medium to long-term, this is what drives our market,” he says, noting how the current dry bulk orderbook is at or near historical lows, especially for his main focus, the handy sector, and with the full-up nature of yards in Asia ...

Carbon capture, new fuels and energy efficiency are the path to net zero says latest ABS research

Tanker Operator 11 Sep 2023
  ...   ...   ...   ... Growing demand for higher volumes of synthetic and green bunkers will be matched by competition for these fuels by other industry sectors.   ... This includes falls in the aggregate share of the oil and chemical tanker and dry bulk carrier sectors and a growth in the containership sector measured in gross tonnage terms ... .

Radziwill’s GoodBulk shorn of ships, eyes ‘new opportunities’

Splash24/7 08 Sep 2023
GoodBulk, one of the most high profile names in dry bulk shipping, is now free of vessel owning ... “GoodBulk intends to remain in the dry bulk sector with potential new opportunities coming in the future,” the company stated ... about his future dry bulk plans.

FIT Alliance launches Declaration of the electronic Bill of Lading

SAFETY4SEA 08 Sep 2023
In the dry bulk sector there are some encouraging signs of growth ... A McKinsey study estimates that if eBL achieved 100% adoption in the container sector alone, it could unlock $30-40 bn in global trade growth by reducing trade friction in the container trade alone.

Bimco expects tankers to rise as container ships drown in capacity and China sinks bulkers

Tradewinds 05 Sep 2023
The tanker market is expected to flourish due to robust global oil demand, ...

Asia Gold China gold premiums ease as safe-haven buying cools on stimulus hopes

Reuters 01 Sep 2023
SummaryCompanies ... Chinese dealers sold gold at $20-$38 an ounce premiums over global spot prices , after jumping to $40-$60 last week ... Our Standards ... Reports on global commodities and energy markets, with a special focus on oil and gas infrastructure and the power sector. Alongside agriculture, metals, and dry bulk, his coverage also spans U.S ... Contact.

Geneva Dry Dialogues: Lauritzen Bulkers

Splash24/7 31 Aug 2023
In the first of a series engaging with key names coming to next year’s big dry bulk summit in Switzerland, Splash sits down with Niels Josefsen, the CEO of Denmark’s Lauritzen Bulkers ... Geneva Dry aims to bring together all elements of the commodities shipping sector to host the ultimate dry bulk shipping event.

Buyers line up as VLOC giant Polaris Shipping is put up for sale

Tradewinds 30 Aug 2023
South Korean dry bulk giant Polaris Shipping has been put up for sale as its ...

Xclusiv Shipbrokers Weekly 28th August 2023

Hellenic Shipping News Worldwide 28 Aug 2023
In the first 8-month period of 2023, the newbuilding activity in the four main sectors, dry bulk, tanker, Container and Gas, shows a slight decrease (13% down) Source. Xclusiv Shipbrokers Inc ....

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Creative Commons / Marcos Corrêa/PR
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Nadine Menendez, leaves federal court with Sen. Bob Menendez, Wednesday, Sept. 27, 2023, in New York. Menendez and his wife pled not guilty to federal charges alleging he used his powerful post to secretly advance Egyptian interests and carry out favors for local businessmen in exchange for bribes of cash and gold bars.
AP / Jeenah Moon