Dry Bulk market completes another week of correction
The Baltic Exchange has reported that the dry bulk shipping market has seen another week of corrections during the third week of December.
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The Baltic Exchange has reported that the dry bulk shipping market has seen another week of corrections during the third week of December.
The Board of Jinhui Shipping and Transportation Ltd has announced that a subsidiary of the company entered into a memorandum of agreement on 12 December for the disposal of a supramax at an initially estimated price of US$10.43 million.
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.
Initially gloomy market sentiments were replaced by positivity by the end of the week according to the Baltic Exchange.
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.
The dry bulk shipping market saw some positive sentiment and momentum last week across all dry bulk carrier classes.
Aspo Plc has announced its partnership with OP Finland Infrastructure LP to accelerate the green transition of ESL Shipping.
Insight from the Baltic Exchange has revealed the current sluggish performance of dry bulk shipping.
Grindrod Shipping Holdings Ltd. has sold four bulk carrier vessels including the IVS Hayakita, the IVS Bosch Hoek, the IVS Merlion, and the IVS Raffles.