Shipping
Newbuilding contracting activity rises across shipping sectors
Shipowners are expanding fleets with significant newbuilding orders for tankers and bulk carriers, while secondary market values remain stable amid shifting sector demand.
Topic
bulk-carriers
8articles
Bulk Carriers
Star Bulk sells 35% stake in two kamsarmaxes to Hermes
Nasdaq-listed Star Bulk Carriers has divested a 35% interest in two 2026-built kamsarmax bulkers to Hermes World Maritime, while retaining full commercial and technical management of the vessels.
Bulk Carriers
World’s first ammonia-powered dry bulk carrier ready for maiden voyage
Belgian shipowner CMB.TECH has completed sea trials for the Mineral Europa, the world's first ammonia-powered dry bulk carrier, marking the start of a 21-vessel decarbonisation programme.
Bulk Carriers
Capesize rates soften as dry bulk market shows regional variance
Capesize rates faced downward pressure in the Pacific due to excess tonnage, while Atlantic demand and smaller vessel segments showed resilience.
Markets
Alkagesta enters metals trading via Alkanavex joint venture
Alkagesta has formed a joint venture with French steel trader Navex SAS to establish Alkanavex, marking the firm's formal entry into the global metals trading sector.
Bulk Carriers
Precious Shipping continues fleet renewal with supramax sale
Thai dry bulk owner Precious Shipping has sold a 2011-built supramax and taken delivery of a new ultramax as part of its ongoing fleet modernisation programme.
Bulk Carriers
Capesize vessel supply constraints drive dry bulk rates higher
The Baltic Dry Index has reached a two-year high, driven by an 8% surge in Capesize rates as weather disruptions and increased export volumes tighten vessel availability.
Bulk Carriers
CSSC Shipping expands dry bulk fleet with 10 newbuild order
The ship leasing arm of China State Shipbuilding Corporation has ordered ten 80,000 dwt bulk carriers for $481m, marking a significant expansion of its dry bulk portfolio with deliveries set through 2030.