Stay up to date with the latest news and updates from the dry bulk industry.
Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to HD Korea Shipbuilding & Offshore Engineering (KSOE) for its next-generation 210 000 dwt Newcastlemax bulk carrier design.
Since 2023, U-Ming has actively promoted a low-carbon fuel substitution strategy, gradually increasing the use of liquefied natural gas (LNG) as marine fuel.
Moving forward, the integrated company plans to manage more than 200 vessels, including LNG carriers, dry bulkers, and tankers, serving fields where MOL Group has built up decades of experience and know-how.
The Baltic Exchange provides an update on the Dry Bulk markets for Week 29.
Taylor Maritime has confirmed ten new vessel sales for combined gross proceeds of US$176.3 million, representing an average 1.1% discount to Fair Market Value. Three vessel sales have completed with the remaining seven vessels expected to complete by December this year.
A strategic collaboration between Icon Gulf Trading DMCC (part of the Dynamic Group) and GeoServe Energy Transport DMCC has enabled the successful shipment of bauxite from Guinea over the past 12 months. During this period, 12 cargo shipments, moving approximately 2 million t of bauxite, have been completed.
Read the joint industry statement ICS, BIMCO, European Shipowners | ECSA, INTERCARGO and INTERTANKO on the latest developments in the Red Sea.
Amon Maritime has secured a NOK253 million investment grant from Enova to support the construction of two groundbreaking newbuilds – Amon Bulk 1 and Amon Bulk 2 – which will be among the world’s first large bulk carriers powered by ammonia.
A leading maritime training expert with a long career at the front line as Head of Safety and Training has said that the safety culture in many companies operating vessels is sorely lacking, citing time pressures and outdated training contributing to an alarming number of deaths in enclosed spaces.
R. Todd Swinderman, President Emeritus, Martin Engineering, discusses best practice for managing fugitive material to improve safety and reduce costs.
The Baltic Exchange provides an update on the Dry Bulk markets for Week 27.
The six Japanese- and Chinese-built vessels, each with an average 64 000 dwt, are all equipped with MAN Mark 9 engines.