Shipping
Reach Subsea and Eidesvik deliver IMR vessel Viking Reach
The joint venture partners have finalised the sale of the 2009-built IMR vessel Viking Reach, with both companies reporting anticipated financial gains from the transaction.
Vessel segment
Bulk Carriers
Dry bulk tonnage carrying iron ore, coal, grain, bauxite and minor bulks.
Principal size classes
- Capesize / Newcastlemax
- Kamsarmax / Panamax
- Ultramax / Supramax
- Handysize
Section coverage:Bulk Carriers
Latest bulk carriers coverage
Markets
Alkagesta attends Argus Fertilizer Europe Conference 2026 in Prague
Alkagesta representatives attended the Argus Fertilizer Europe Conference 2026 in Prague to discuss regulatory impacts, supply chain resilience, and market trends in the European fertilizer sector.
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.
Markets
Alkagesta subsidiary Alkavex completes steel industry visits in China
Alkagesta’s steel trading arm, Alkavex, has completed business development meetings in Tangshan and Tianjin to strengthen its Chinese steel sourcing operations.
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.
Shipping
Alkagesta hosts banking summit in Malta to discuss trade finance
Alkagesta hosted its Banking Partners Summit in Malta, highlighting over USD 1 billion in financial support for its global trading and operations.
Markets
Alkagesta discusses market outlook at Fertilizers of Ukraine conference in Lviv
Alkagesta participated in the VIII International Conference Fertilizers of Ukraine: Autumn 2026 in Lviv to address regional supply chain challenges and market outlooks.
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 outlines rigorous standards for fertilizer trading
Alkagesta details its multi-layered approach to supplier verification and cargo quality control, highlighting the importance of standardized inspection and contractual discipline in the fertilizer market.
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.
Shipping
MARAD activates Empire State VII for classified national security mission
The U.S. Maritime Administration is deploying the Empire State VII for a classified mission, citing a lack of other suitable vessels to meet urgent military requirements.
Markets
Nyrstar completes first shipment of Australian Antimony metal
Nyrstar, a Trafigura-owned company, has initiated the first shipment of Australian-produced Antimony metal from its Port Pirie facility, marking a key milestone in domestic critical mineral supply chain development.
Ports & Terminals
Trafigura and EGC begin mineral shipments via Lobito Atlantic Railway
Trafigura and Entreprise Générale du Cobalt have launched their first copper and cobalt shipments via the Lobito Atlantic Railway, aiming to shorten transit times from the DRC to global markets.
Bulk Carriers
GMI expands hydrogen-powered bulker programme to four ships
Norwegian operator GMI Group has doubled its hydrogen-powered bulker programme to four vessels, supported by significant public funding and new cargo contracts.
Bulk Carriers
Capesize rates firm as Brazilian iron ore loadings accelerate into September
Stronger long-haul demand from Brazil lifted Capesize sentiment this week, with brokers reporting a tighter tonnage list in the South Atlantic.
Shipowners & Fleet
Greek owner orders four methanol-ready Kamsarmax bulkers in latest fleet renewal move
The vessels will be delivered from 2028 and are designed to allow conversion to methanol fuel at a later date.
Ports & Terminals
West African port authority signs 30-year concession for new dry bulk export terminal
The terminal is designed to handle bauxite and other mineral exports with a planned capacity of several million tonnes per year.
Freight Rates
Baltic Dry Index posts third consecutive weekly gain, led by larger sizes
Capesize and Panamax strength outweighed softer Supramax sentiment, extending the index's recovery from its August low.
Elena MarshAnalysis
Chartering
Japanese trading house fixes modern Panamax on two-year time charter
Period activity picked up in the Panamax segment as charterers sought cover against a firming forward curve.
Elena MarshFixtures
Bulk Carriers
Supramax owners find support in US Gulf grain programme as harvest approaches
Fronthaul enquiry from the US Gulf improved as exporters positioned for the autumn corn and soybean campaign.
Ports & Terminals
Brazilian grain terminal completes berth deepening to accommodate fully laden Kamsarmaxes
The dredging programme allows deeper draught loading and is expected to improve vessel utilisation on Far East routes.
Chartering
Multi-year contract of affreightment signed for bauxite shipments from Guinea to China
The agreement covers Capesize and Newcastlemax liftings and underpins one of the fastest-growing long-haul dry bulk trades.
Elena MarshFixtures
Shipowners & Fleet
Secondhand Capesize values firm as buyers return to the market
Improved earnings and a limited orderbook have supported asset prices for modern and mid-aged tonnage.
Daniel OkaforAnalysis
Regulation
Ammonia-fuelled bulk carrier design receives approval in principle
The design places fuel tanks on deck and incorporates safety zones intended to address toxicity risks.