Star Bulk and Eagle Bulk Shipping are set to combine
Star Bulk Carriers Corp. and Eagle Bulk Shipping Inc. have entered into a definitive agreement to combine their assets and create a global dry bulk leader.
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Star Bulk Carriers Corp. and Eagle Bulk Shipping Inc. have entered into a definitive agreement to combine their assets and create a global dry bulk leader.
The Baltic Exchange reported that there have been general fluctuations and declining rates across all dry bulk vessel classes.
At the end of November the positive momentum seen throughout the month continued with all bulk vessel classes seeing strong growth.
2020 Bulkers has converted the index-linked time charters for Bulk Sandefjord, Bulk Shenzhen, Bulk Sydney and Bulk Santos to fixed rate time charters.
Diana Shipping Inc. has announced a time charter contract with Kawasaki for the capesize dry bulk vessel m/v New Orleans.
Genco Shipping and Trading Ltd has acquired two high specification capesize vessels and has agreed to sell an older capesize vessel for US$19.5 million.
Initially gloomy market sentiments were replaced by positivity by the end of the week according to the Baltic Exchange.
Signal Group have reported that the dry bulk shipping market looked to have a more optimistic outlook with iron ore also experiencing a rally in price.
Dry bulk owner Golden Ocean has released its unaudited financial results for the third quarter of 2023.
The Baltic Exchange has reported that there has been widely positive growth across all dry bulk carrier classes.
2020 Bulkers Ltd has announced that the time charters for four vessels has been amended and extended.
The dry bulk shipping market saw some positive sentiment and momentum last week across all dry bulk carrier classes.