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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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NASCO returns to China Merchants yard for ultramax brace

15 Mar, 2026
NASCO Chinese bulker owner Nanjing Ocean Shipping Co (NASCO) has signed a contract for two ultramax bulk carriers at China Merchants Jinling Shipyard (Nanjing) as it continues to expand its fleet. The 63,500 dwt newbuilds are scheduled for ...

Pan Ocean bulks up with Qingdao Beihai newcastlemaxes

15 Mar, 2026
Pan Ocean South Korea’s Pan Ocean has expanded its newbuilding programme by exercising options for two additional newcastlemax bulk carriers at Qingdao Beihai Shipbuilding. The Harim Group-controlled shipowner confirmed in a filing that the...

Baltic Dry Index Rises Further, Posts Weekly Gain

14 Mar, 2026
The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, advanced for a third session on Friday, rising about 2.8% to 2,028 points. The capesize index, which typically transports 150,000-ton cargoes...

NYK takes full control of Saga Welco

13 Mar, 2026
Saga Welco Japan’s Nippon Yusen Kaisha (NYK) has moved to take full control from Westfal-Larsen of Norwegian open-hatch operator Saga Welco. NYK had previously run Saga Welco for the past 12 years as a 50:50 joint venture with Westfal-Larse...

Himalaya Shipping fixes one more newcastlemax bulker out on charter | Freight news

13 Mar, 2026
Bermuda-based drybulk owner Himalaya Shipping has sealed a new charter deal for one of its vessels. The company has entered into a new time charter agreement for the 210,000-dwt newcastlemax bulk carrier Mount Matterhorn for a period of 12 ...

Month declining to 210Mt, China iron ore imports are forecast to rebound in March

13 Mar, 2026
According to the latest data from the General Administration of China Customs (GACC), China’s total iron ore imports for January and February 2023 reached 211 million tonnes, with a cumulative value of approximately US$9.89 billion. The ave...

Baltic Dry Index Up for 2nd Day

13 Mar, 2026
The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, advanced for a second session on Thursday, rising about 2.4% to 1,972 points, mainly supported by the bigger-size segment. The capesize index...

Baltic Dry Index climbs to 1972 up 46 points

12 Mar, 2026
Today, Thursday, March 12 2026, the Baltic Dry Index climbed by 46 points, reaching 1972 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 ...