COSCO-linked Shanghai Time orders trio of bulkers at Nantong Xiangyu

28 Apr, 2026

Nantong Xiangyu Shipbuilding & Offshore Engineering Shanghai Time Shipping has stepped into the newbuilding market with an order for three bulk carriers, marking its first collaboration with Nantong Xiangyu Shipbuilding & Offshore E...

Fujian Highton ramps up MPP push with fresh newbuilds

28 Apr, 2026

Chinese owner Fujian Highton Development is stepping up its move into the multipurpose and heavylift segment, placing fresh orders for four vessels as it works towards building a 100-ship fleet. The Shanghai-listed company said its wholly o...

Baltic Dry Index climbs to 2666 up 1 points

27 Apr, 2026

Today, Monday, April 27 2026, the Baltic Dry Index climbed 1 points, reaching 2666 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 index ...

Enesel pivots back to bulk with capesize newbuilds in China

27 Apr, 2026

Greek owner Enesel Group has returned to the dry bulk market, with two capesize vessels at China’s Hengli Shipbuilding. The move on the 181,500 dwt newbuilds marks a re-entry into the segment for the Lemos family-controlled company, led by ...

Genco and Diana lock horns over meeting timing as takeover battle heats up

27 Apr, 2026

A bitter boardroom battle between Genco Shipping & Trading and Diana Shipping has escalated further, with both sides trading accusations over governance, timing and control of the US-listed bulker owner. The latest flashpoint came after...

Dry Bulk Market Trending Higher

27 Apr, 2026

Capesize The market began the week with strong upward momentum, briefly pushing the BCI 182 5TC to the cusp of $39,000, supported primarily by strength in the Atlantic basin. Early gains were driven by a firm C3 market and a tightening ball...

Dry Bulk Shipping: Australian Iron Ore Exports On the Rise

25 Apr, 2026

The dry bulk market has been supported from a further increase of Australian iron ore exports during the first quarter of 2026. In its latest weekly report, shipbroker Banchero Costa said that “2025 was another positive year for global seab...

Baltic Dry Index falls to 2665 down 8 points

24 Apr, 2026

Today, Friday, April 24 2026, the Baltic Dry Index decreased by 8 points, reaching 2665 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 i...