Mercuria's Capesize Buying Spree Approaches 1.5 Million DWT
Mercuria's secondhand capesize buying is nearing 1.5m dwt after the purchase of the 180,000 dwt Mount Dampier for around $38 million.
Wheat Futures Reach Three-Year High as Black Sea Loadings Stall
Chicago wheat futures have risen 18 percent this month as attacks on merchant shipping shut down grain loading on both sides of the Black Sea.
Scrap Metal Fire on Bulker at Cardiff Renews Cargo Screening Concern
Fire crews fought a smoky scrap metal fire in the hold of a bulker at Cardiff, the latest in a run of similar blazes linked to contaminated cargo.
Navios Partners Posts 274 Million Dollar First-Half Net Income
Navios Maritime Partners reported net income of $274.3m for the first half of 2026 as its multi-segment fleet absorbed disruption in the Strait of Hormuz and Red Sea.
Black Sea Attacks Drive Global Grain Shipments Down Eight Percent
Global grain shipments have fallen 8 percent year on year over five weeks, driven by a 26 percent collapse in Black Sea exports as attacks on ships and port infrastructure intensify.
Diana Shipping Sells $32m of Genco Stock After Takeover Bid Collapses
Diana Shipping has sold 1.2m Genco Shipping & Trading shares for just over $32m following the collapse of its nine-month takeover campaign, cutting its stake to 11.62%.
India Extends Transhipment Access for Hormuz-Diverted Cargo to October
India has extended access to all its seaports and international airports for foreign-bound cargo diverted by Strait of Hormuz disruption until 31 October, and has brought dry bulk under the framework.
Panama Canal to Cut Daily Transit Slots From September as Rainfall Falls Short
The Panama Canal will reduce daily transit slots from 3 September after below-expected rainfall in its watershed, reorganising bookings into four cargo-type auction groups.
Baltic Dry Index Snaps Two-Session Slide as Capesize Earnings Climb
The Baltic Exchange's main dry bulk index rose 15 points to 2,791 as capesize gains outweighed a weakening panamax market and softer iron ore futures.
Chinese Foreign Trade Grows Sharply In First Seven Months
China's goods trade reached 30.13 trillion yuan in the first seven months of 2026, up 17.3 percent, with imports growing considerably faster than exports.
Chrome Ore Becomes The Fastest Growing Dry Bulk Trade Of The Year
Seaborne chrome ore volumes rose about 44 percent in the first half of 2026 as the collapse of South African ferrochrome smelting pushed raw ore towards Asia.
Japanese Owner's Quarterly Profit Rises Despite Weaker Container Contribution
Mitsui O.S.K. Lines lifted first-quarter net profit by around sixteen percent as dry bulk swung to profit and the container contribution shrank.
Star Bulk Walks Away From 470 Million Dollar Genco Fleet Deal
Star Bulk has terminated its 470.5 million dollar agreement to buy sixteen bulk carriers, removing a central component from a long-running takeover attempt by another Greek owner.
COSCO Approves Fifteen Newcastlemax Bulkers Worth 7.9 Billion Yuan
COSCO Shipping Development has approved an order for fifteen Newcastlemax bulk carriers of 210,000 tonnes capacity each, to be built at two Chinese shipyards for a total contract value of 7.92 billion yuan, around 1.1 billion dollars.
Pan Ocean Lifts Quarterly Profit As Grain Sales More Than Double
Pan Ocean lifted second-quarter net profit attributable to the parent by 11.9 percent to 137.5 billion won, with operating profit up 57.5 percent and grain sales more than doubling.
NYK to take dry bulk affiliate NS United private in $1bn deal
Nippon Yusen Kaisha has set out a two-stage transaction worth close to $1bn to take its dry bulk affiliate NS United Kaiun private and lift its holding to 83.33%.
Van Oord dredging gives Kamarajar an 18-metre draft
Kamarajar becomes only the second Indian major port able to accept fully laden capesize vessels of up to 170,000 dwt.
COSCO approves fifteen newcastlemax bulkers
COSCO Shipping Development has approved orders for 15 newcastlemax bulk carriers worth about $1.1bn, all leased within the group for 20 years.
Nickel ore trade surges, reviving safety concerns
Seaborne volumes climbed more than 22% year on year in the second quarter, boosting demand for supramax and ultramax bulkers.
Diana Shipping threatens to cut Genco takeover price
The Athens-based owner cites a $50 million drop in its US rival's fleet value since early June to justify a potentially lower offer.
Aruna Shipping orders up to ten ultramax bulk carriers in China
Turkey's Aruna Shipping has signed for up to ten ultramax bulk carriers at a Yangzhou Guoyu Shipbuilding operation in Zhoushan, China.
Diana Shipping lets Genco tender expire but keeps takeover bid alive
Diana Shipping has let its hostile tender offer for Genco Shipping expire, but its $27.34-per-share takeover proposal for the US dry bulk owner remains on the table.
NYK takes full ownership of open-hatch specialist Saga Welco
NYK has taken full control of Norwegian open-hatch operator Saga Welco and its 48-vessel fleet.
COSCO orders four newcastlemax bulkers at Qingdao Beihai
COSCO Shipping Bulk has ordered four newcastlemax bulk carriers at a Chinese shipyard, with a leasing house and trading arm involved in the deal.
Taylor Maritime calls time on its five-year London listing
London-listed bulker owner Taylor Maritime will cease trading once it completes the sale of its remaining vessels and hands the proceeds back to shareholders.
KC Maritime returns to China for ultramax pair
Hong Kong bulker owner KC Maritime has ordered a pair of ultramax bulk carriers in China, its first newbuilding move in some years.
Diana extends its tender offer in Genco takeover push
Diana Shipping has extended its tender offer for Genco Shipping & Trading to late July, keeping its takeover push alive after a modest increase in shareholder support.
Greek owner books a $7m profit on ultramax sale to Meghna
Low-profile Greek interests are set to bank nearly $7m in profit from selling a six-year-old ultramax bulker to Bangladesh's Meghna Group.
Kamarajar Port becomes India's second deep-draft major port
Kamarajar Port has reached an 18-metre operational draft, letting it take fully laden Capesize bulkers of up to 170,000 DWT.
Diana and Genco trade fire before tender deadline
The takeover fight between Diana Shipping and Genco intensified before Diana's tender deadline, with the two sides clashing over price.
Polaris lines up Vale-backed newcastlemaxes in China
Polaris Shipping has been linked to an order for up to four newcastlemax bulkers at China's Hengli yard, tied to long-term Vale employment.
C Management builds capesize fleet to three with Maran pair
C Management has lifted its capesize count to three, buying two older Maran Dry Management bulkers sold at the end of May.
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