Himalaya Shipping CEO keeps ‘positive’ bulker outlook
Market has been driven by healthy demand from China and increased exports from Brazil and West Africa
Bulkers
Genco Shipping reports small loss as earnings slump deeper than expected
But New York bulker owner logs 25% improvement in daily vessel earnings in fourth quarter
K Line profit slumps as dry bulk and containers drag on the bottom line
Japanese shipowning giant has cut its annual profit forecast by almost 9% since August
‘Critically low’: Older bulkers crowding the market as net-zero delay slows scrapping
Broker Allied QuantumSea says oversupply risk could persist
Ultrabulk charterers triumph at Clarksons dry cargo day
UK shipbroker welcomes record number of participants to annual bulker course
Norden extends contract of affreightment with world’s largest wood pellet producer
Contract, initially signed in 2012, has been adjusted
Fujian Guohang tears up order for bulkers at Chinese shipyard
Owner says it is refocusing on vessels suited for international trade
Brokers link Meghna Group to $32.5m Japanese bulker acquisition
However, other ships linked to Bangladesh owner this year have ended up in Greek fleets
HSBC says port fees pause is direct reprieve for China’s Cosco Shipping Holdings
But analysts are not confident that recent rate rises will continue
Star Bulk returns to China for newbuilding trio at Hengli
Bulker behemoth set to take early delivery of trio in resale deal