The retreat of COVID-related disruptions will restore market efficiency and freight rates to better reflect underlying supply and demand fundamentals
Vaccination Lottery For The Dry Bulk Sector?
Once again seafarers are falling victim to the lack of focus and joined-up thinking from leaders of governments and the maritime industry, which has become apparent during the current on-going crew change crisis.
New Important Quality Standard For Dry Bulk Sector To Be Governed By New NGO
RightShip and INTERCARGO have announced the launch of an important new quality standard for the dry bulk sector, DryBMS.
Second Round Of Lockdowns Takes Wind Out Of Dry Bulk Recovery
A fall in Chinese coal demand and the second round of European virus lockdowns has deflated a nascent dry bulk recovery, despite strong demand for iron ore.
EPS Inks World’s First Dry Bulk LNG Dual Fuel Charter With BHP
Both companies credit a shared commitment to industry-wide decarbonisation as a driving force behind the five-year contract for five LNG dual fuel Newcastlemaxes
Bottlenecks And Inefficiencies Are Key Upside Risks For Dry Bulk Market: MSI
Port days and diverted voyages are having an unusually strong impact on market balances and will play a key role in the short term outlook
COVID Crisis: Gearbulk Changes Business Model Due To Continued Weak Dry Bulk Markets
The latest cost reduction measure initiated by Gearbulk is the renegotiation of charter rates with Japanese shipowners who have their vessels on long term charters to the company.
NYK Holds Annual Dry Bulk Safety Conference
NYK held its annual Dry Bulk Safety Conference at the company’s headquarters in Tokyo to share safety awareness and review trouble response for dry bulk vessels.
MAN ES Signs Major Service Agreement With Pacific Basin For 111 Dry Bulk Ships
MAN Energy Solutions, Hong Kong has signed a service agreement with Pacific Basin Shipping covering field, workshop and technical services on MAN main engines, generators and turbochargers aboard 111 dry-bulk ships.