Dry Bulk
Stay informed with the latest news, analysis, and market insight for the dry bulk shipping industry through our expert coverage
More Chinese-linked vessels broadcast identity to transit Hormuz, but tankers stay away
More shipowners are testing whether a Chinese identity can buy safe passage through Hormuz — but China’s biggest players aren’t convinced yet
Vessel carrying Ukrainian grain struck by drone in the Black Sea
A day after Russia blamed Ukraine for striking a Russia-flagged LNG carrier with a drone boat in the Mediterranean, a bulk carrier laden with corn from Ukraine was hit shortly after leaving Chornomorsk
Around 200 compliant tankers stranded as Strait of Hormuz closure freezes Gulf traffic
Among shipowners, South Korea’s Sinokor appears most exposed with six VLCCs in the region while in the suezmax segment Greek owners feature most prominently
US indicts master of VLCC seized in North Atlantic
The US has charged Avtandil Kalandadze, the master of the very large crude carrier Bella I, which was boarded by US forces in the North Atlantic in early January after a two-week pursuit
Seanergy lifts new orderbook to three as capesize market provides strong support
A second capesize has been ordered at Hengli, while a newcastlemax has been ordered at Hantong
Hengli Heavy Industries stacks up more orders for big bulkers, boxships and tankers
With strong global demand for large crude tankers and limited capacity at state-owned rivals, Hengli HI is positioning itself to capitalise on the current shipbuilding upcycle
More diverse Danaos orders newcastlemax bulkers
First-ever bulker newbuildings come on top of landmark move into LNG shipping, but Greece-based owner is also ordering more vessels for its core containership business
‘Steel gives you optionality’: why bulker values don’t follow earnings
Bulker asset values do not match earnings at the moment, but with the options owning a vessel gives you, should they ever?
Bauxite demand drives capesize optimism
Capesize rates have rebounded in recent days from the usual January lows, but there are reasons to be optimistic even beyond 2026
Bulk carrier asset values remain strong as BDI descends
Greek shipowners have dominated selling activity of late as they dispose of older tonnage as part of fleet renewal strategies
China ramps up imports of US soyabeans, boosting bulker demand
Who knows how long the trade détente between America and China will last, but for now, it is positive for dry bulk demand, hiking US soyabean cargoes at a time of the year when they’re normally winding down
Seacon places first capesize newbuild order at Beihai Shipbuilding
Simandou ramp-up seen boosting capesize demand and supporting dry bulk recovery
Marinakis launches new dry bulk partnership with Madias-led SPV Axis
New venture, Capital Axis Maritime, will initially manage fleet of 20 bulkers including seven new capesizes for delivery in 2027
CMB.Tech sheds VLCCs and capesize bulker pair
CMB.Tech is advancing its fleet rejuvenation strategy by selling eight older vessels, capitalising on strong secondhand values
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