Dry Bulk
Stay informed with the latest news, analysis, and market insight for the dry bulk shipping industry through our expert coverage
Bulker grounded in Delaware river refloated
A bulker that ran aground in the Delaware river on Wednesday was refloated on Saturday and moved to the Tioga Marine Terminal, the US Coast Guard said
Dry bulk: Tighter supply to balance demand drop-offs
On a positive note, restrained fleet growth combined with slower sailing speeds and greater recycling, prompted by weaker rates and coming emissions regulations, will prevent 2025 from being a true annus horribilis
Ships being circulated for recycling on the rise
‘We are approaching a period of potential increased flow of recycling tonnage, but at present uncertainties prevail at multiple fronts geopolitically,’ says cash buyer Wirana Shipping
Finnish authorities name 32 deficiencies on Eagle S
The Cook Islands-flagged tanker accused of cable cutting in the Gulf of Finland has been detained before, when 24 deficiencies were found in Tema, Ghana, in September 2023
Eagle S anchor found on seabed
Finnish state-owned broadcaster Yle said the Swedish naval vessel HMS Belos recovered the anchor and has since handed it over to the country’s authorities for investigation
Finland court upholds Eagle S seizure order
This is the first ship intercepted by a Baltic country accused of sabotaging undersea cables,underscoring the high-stakes legal manoeuvrings underway to keep Russia-linked tanker apprehended in Finnish waters
Lawyer for cable-cutting tanker Eagle S applies to Finland court to overturn seizure order
Police investigating aggravated criminal mischief found drag marks for dozens of kilometres where the anchor of the Cook Islands-flagged tanker damaged the Estlink 2 underwater electricity cable on Christmas Day
Cable-cutting, seized Russia-linked ‘spy ship’ left anchor drag marks over Baltic seabed
This is the first time a merchant ship has been impounded by a government following undersea cable damage. Russia-linked suspected ‘spy ship’ Eagle S dragged its anchor along the seabed where the Estlink 2 undersea cable was damaged, according to Finland’s National Bureau of Investigation
Dry bulk: Tighter supply to balance demand drop-offs
On a positive note, restrained fleet growth combined with slower sailing speeds and greater recycling, prompted by weaker rates and coming emissions regulations, will prevent 2025 from being a true annus horribilis
EuroDry inks deal for two ultramax newbuildings
Move highlights Nasdaq-listed owner’s commitment to growing and modernising its fleet
Star Bulk lifts profits in wake of Eagle merger
Petros Pappas-led bulker giant has clinched new $130m loan to finance five kamsarmax newbuildings under construction
Thermal coal imports to Europe plummet due to renewables switch
Coal shipments to advanced economies have fallen for their second consecutive year, with Europe registering a 22% year-on-year drop
Panamax bulker values drop as buyers exercise caution
China’s stimulus package has created an expectation of future demand growth and could act as a buffer against any significant decline in dry cargo carrier values, says Xclusiv Shipbroker analyst Dimitris Roumeliotis
Genco expands fleet with $47.5m capesize acquisition
Genco Shipping has bought a 2016-built capesize for $47.5m. The acquisition, which comes against a backdrop of strong secondhand asset prices, will expand Genco’s capesize fleet to 17 vessels after its delivery
You must sign in to use this functionality
Authentication.SignIn.HeadSignInHeader
Email Article
All set! This article has been sent to [email protected].
All fields are required. For multiple recipients, separate email addresses with a semicolon.
Please Note: Only individuals with an active subscription will be able to access the full article. All other readers will be directed to the abstract and would need to subscribe.