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Dry Bulk

Dry Bulk

Stay informed with the latest news, analysis, and market insight for the dry bulk shipping industry through our expert coverage

Cargill: shipping decarbonisation will stall without clear regulation

Progress towards scaled decarbonisation of shipping is in danger of stalling more than it already has done if there is not a sufficiently convincing global regulatory framework by next year, argues Cargill’s head of ocean transport Jan Dieleman

Decarbonisation Dry Bulk

Bulk carrier asset prices continue to rise as sellers hold the upper hand

Robust freight rates have translated into healthy profits for owners, reducing their incentive to sell vessels unless they get their desired price, said Xclusiv Shipbrokers

Dry Bulk Tankers and Gas Panamax

Latest Articles

Market Insight

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

Dry Bulk Sale and Purchase

Capesize rates rebound after slow week

Some analysts suggest that extreme weather in China has changed the momentum of capesize rates; others say increased iron ore and coal demand are still driving the sector’s recovery

Dry Bulk Capes

Bauxite boom underpinning capesize rates seen easing for 2025

UAE-backed Guinea Alumina Corporation says it is pushing ahead with plans to build an alumina refinery as the West African government signals it wants to refine more bauxite rather than exporting the raw material

Dry Bulk Capes

Star Bulk sells its oldest bulker for $20m in hot secondhand capesize market

Nasdaq-listed Star Bulk Carriers announces sale of 2004-built capesize for $20m amid strong asset prices for bulkers. Data from shipbroker Xclusiv shows that the average price for a 15-year-old capesize has risen more than 40% so far this year

Dry Bulk Sale and Purchase

Market rebound helps Jinhui return to profitability in first half

The strong uptrend in rates was exacerbated by limited vessel supply, especially in the minor bulks trade, Jinhui said

Dry Bulk China

Golden Ocean betting on capesizes amid possible tonne-mile tripling

The company is taking advantage of a healthy capesize TCE rates and believes its fuel efficient fleet means it will be in a good position to benefit from a strengthening market

Dry Bulk Golden Ocean

Budding Hong Kong ship finance firm SeaKapital in joint venture with China’s Seacon

SeaKapital, set up by Hong Kong shipping stalwarts Sabrina Chao and Kenneth Lam, has moved quickly since being set up in April 2023

Ultra and supras Tankers and Gas

Bulk carrier asset prices continue to rise as sellers hold the upper hand

Robust freight rates have translated into healthy profits for owners, reducing their incentive to sell vessels unless they get their desired price, said Xclusiv Shipbrokers

Dry Bulk Tankers and Gas

Navigator Gas invests in US Gulf clean ammonia developer

New York-listed handysize gas carrier specialist Navigator Gas announced an investment in a clean ammonia developer Ten08 Energy alongside lead investor Attis Clean Energy. Ten08 is developing a blue and green ammonia production and export facility on the US Gulf coast, which is expected to begin operations in late 2029 or early 2030

Sustainability Tankers and Gas

Tanker vetting report reveals dark fleet safety concerns

A string of deficiencies revealed in a recent vetting report of a tanker that regularly carries Russian oil through environmentally sensitive waters and trade chokepoints underscores widespread fears about safety standards across the so-called dark fleet

Sanctions Tankers and Gas

Surprise capesize rate rebound fuels renewed dry bulk stock gains

Strong exports of iron ore from Brazil and bauxite from Guinea are boosting capesize spot rates this summer. US-listed dry bulk stocks, which suffered a pullback last month, are headed back upwards again

Dry Bulk Brokers

New bunker storage tanker in Panama as demand hits seven-month high

Bunker demand in Panama remains below previous years as canal transits yet to recover to seasonal averages

Tankers and Gas Bunkers
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