Safe Bulkers bolsters fleet’s green credentials as profit shrinks
US-listed bulker owner eyes environmental upgrade programme in 2023
Bulkers
Oversupply and seasonality fuel 29% slump in capesize bulker rates in one day
Index may see further losses as a result of more vessels possibly being in Atlantic basin, broker says
Marubeni fleet optimisation study shows 7.3% cut in emissions
Joint study with software firm Napa and classification society ClassNK show voyage optimisation can improve a vessel’s carbon intensity rating by 5% to 6%
Diana Shipping confirms buying Norden ultramax bulker for $28m
New York-listed shipowner expects to take delivery in April
Eagle Bulk swoops on modern Union Maritime ultramax for $30m
Diana Shipping also rumoured to acquire Norden ultramax for $26m
EuroDry misses analyst consensus due to weaker bulker market
China’s return to ‘normality’ could ‘go a long way’ for dry bulk shipping, chief executive Aristides Pittas says
Golden Ocean claims top bulker spot with $291m sextet purchase
John Fredriksen company benefits from ‘short-term asset price weakness’ to scoop up scrubber-fitted newcastlemaxes
Precious Shipping posts record profit in 2022 despite weak fourth quarter
Thai-based bulker shipowner says dry bulk should expect to see continued market volatility in 2023
Precious posts record profit in 2022 despite weak fourth quarter
Thai-based bulker owner says dry bulk should expect to see continued market volatility in 2023
India’s $122bn infrastructure budget to boost country’s burgeoning coal imports
The world’s second-largest importer of coal is more hungry for it than ever