The BDI (Baltic Dry Index) fell down to 2,214 points, Wets with mixed feelings. Brace for a long war in Ukraine and beyond – Turkiye will rock Peace… Who can…
Dry Bulkcarriers
HAMBURG – Hamburg Commercial Bank (HCOB) has provided Hamburg Bulk Carriers, a shipping company based in Hamburg and Singapore, with 95 million US-Dollar to refinance a total of seven vessels.…
Berge Bulk, leading the dry bulk market in decarbonisation, will equip its Newcastlemax bulker Berge Olympus with BAR Tech WindWings by Yara Marine Technologies. Singapore, 29 June 2022 – Berge Bulk,…
The BDI (Baltic Dry Index) was up 116 points since yesterday and now stands at 2,578 points. Same was also up 258 points since last Friday the 10th of June…
Congestion at Shanghai remains normal, even as much of the city reimposes lockdown.Shanghai only re emerged last week from two months of lockdown, following a rise in Omicron cases in…
ATHENS, GREECE, June 15, 2022 – OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that it has signed, through a…
Lloyd’s Register has granted Approval in Principle (AIP) for an SDARI (Shanghai Merchant Ship Design and Research Institute) designed 210,000 DWT Newcastlemax bulk carrier installed with Anemoi Rotor Sails to significantly…
Falling Dry market; Wets rising, Oil too. Geopolitics as turbulent as ever and Posidonia 2022 ends on a happy note
The BDI (Baltic Dry Index) fall continued both on a daily as well as on a weekly basis. Geopolitics given the Ukrainian mess will bother us for the foreseeable future……
OceanPal Inc. Reports Financial Results for the First Quarter Ended March 31, 2022; Declares a Cash Dividend of 1 Cent Per Share
ATHENS, GREECE, June 03, 2022 – OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today reported net income of $414 thousand and…
Dry Market dries out; Wets still enigmatic. War in Ukraine gets worse and Covid looms in the background
The Dry Market had one of its worse weeks with the BDI (Baltic Dry Index) diving down to 2,681 points, thanks to the volatile Capes – losing 660 points since…
Diana Shipping Inc. Reports Financial Results for the 1Q22 Ended March 31, 2022; Declares Cash Dividend of 25 Cents per Share for the 1Q22
ATHENS, GREECE, May 24, 2022 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today reported…
Diana Shipping Inc. Announces Time Charter Contract for m/v P. S. Palios with Classic Maritime
ATHENS, GREECE, May 23, 2022 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced…
The BDI (Baltic Dry Index) went over and above the 3,300 points and now reads 3,344, thanks once again for the Capes’ excellent performance; the Wets remain an enigma. The…
ATHENS, GREECE, May 18, 2022 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced…
Bulk Carrier Market Outlook 2022 Q2get your 70% Jubillee discount Every quarter we publish our Bulk Carrier Market Outlook. It includes a fuil analysis of the macro environment, fleet supply, demand…
Capes’ rise lifts the BDI – now standing at 2,718, whilst Wets remain with mixed feelings. The Third World War continues with the Russian aggression in Ukraine – and possibly…
ClassNK issues Approval in Principle (AiP) for Ammonia-ready LNG-fueled Panamax Bulk Carrier developed by GSC
Tokyo – Leading Classification Society ClassNK has issued an Approval in Principle (AiP) for the design of an ammonia-ready LNG-fueled Panamax bulk carrier developed by Planning and Design Center for…
Post Easter Market losses whilst the Ukrainian inferno will last and spill over like Covid… A crucial second Easter Week given the Orthodox Easter but with unorthodox combat. Shame! John…
ATHENS, GREECE, April 13, 2022 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced…
Falling Dry Markets; Wets …buoyant. Messy Geopolitics with Ukraine at the brink of a total catastrophe unless… Covid’s uncontrollable spread…
The BDI (Baltic Dry Index) approached the danger zone, that of 2,000 points as the fall continued all through the week. Wets as always volatile and peculiar. The Ukrainian mess…
ATHENS, GREECE, April 7, 2022 – OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that it has filed its 2021…
With an estimated 100 merchant vessels under blockade in Ukrainian ports, it was time for reflection asINTERCARGO members, Executive Committee and Technical Committee met at the Association’s springsemi-annual events, held…
Diana Shipping Inc. Announces Delivery, Sale and Leaseback of the Capesize Dry Bulk Vessel m/v Florida
ATHENS, GREECE, March 29, 2022 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced…
The BDI (Baltic Dry Index) lost 60 points since last Friday the 25h of March as well as the 2,500 points threshold. Brace for Ukraine as the despicable mess continues.…
The BDI (Baltic Dry Index) lost 23 points since yesterday and now stands at 2,522; on a weekly basis same was down 61 since last week’ 2,605 losing the 2,600…