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Dry Bulk

Stay up to date with the latest in Dry Bulk— covering market updates, regulatory changes, vessel activity, and expert commentary from top maritime sources.
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Baltic Dry Index climbs to 1866 up 128 points

17 Jul, 2025
Today, Thuesday, July 15 2025, the Baltic Dry Index climbed by 128 points, reaching 1866 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The ...

Iron ore rises on strengthening Australia-China ties; housing concerns persist

17 Jul, 2025
Iron ore futures climbed on Wednesday, buoyed by strengthening ties between top producer Australia and leading consumer China, though gains were capped by concerns over persistent weakness in China’s property sector. The most-traded Septemb...

Baltic Dry Index Hits One-Month High On Capesize Strength

17 Jul, 2025
The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, rose on Wednesday to a one-month high, supported by a strong uptick in capesize vessel rates. The main index, which tracks rates for...

Fujian Guohang lifts options on Wuhu kamsarmax series

16 Jul, 2025
Chinese bulker owner and operator Fujian Guohang Ocean Shipping has firmed up its series of kamsarmax newbuildings at compatriot Wuhu Shipyard. The Beijing Stock Exchange-listed company has declared options on two additional 89,000 dwt vess...

Genco’s new $600m revolving credit facility: A strategic fleet and growth move | Shipping Finance news

16 Jul, 2025
New York-listed drybulk shipowner Genco Shipping & Trading Limited has significantly bolstered its financial capabilities, finalizing a $600m revolving credit facility aimed at enhancing its growth capacity. This facility increases its ...

Iron ore reverses early losses on positive economic data, improving Australia ties

16 Jul, 2025
Iron ore futures prices rebounded on Tuesday, reversing early losses as positive economic data and strengthening ties between major producer Australia and top consumer China outweighed persistent weakness in China’s property sector. The mos...

Genco Shipping & Trading Closes New $600 Million Revolving Credit Facility, Increasing Borrowing Capacity by 50%

16 Jul, 2025
Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced it has closed a $600 million revolving credit facility, amending its existing facili...

Ship Owners Turn to Second Hand Ships

16 Jul, 2025
Shipping investment activity was much more evident in the S&P market over the past week, rather than the newbuilding segment. In its latest weekly report, shipbroker Banchero Costa said that “in the Panamax segment, Vietnamese interest...