Three NYK Group shipping companies are set to merge into a new entity called NYK Bulkship Partners Co., Ltd. The integration, scheduled for January 2026, will combine the operations of…
https://gcaptain.com/nyk-to-merge-three-bulk-units-into-new-91-ship-entity/
Dry bulk vessel orders have collapsed to their lowest level in three decades, with newbuilding contracting plummeting 92% year-over-year in the first two months of 2025, industry association BIMCO reported…
https://gcaptain.com/dry-bulk-newbuilding-orders-hit-30-year-low-amid-market-uncertainty/
Three years after Russia’s invasion of Ukraine, a dramatic shift in Black Sea shipping patterns has emerged, with Ukraine’s dry bulk shipments surging 87% year-over-year despite ongoing regional tensions, according…
https://gcaptain.com/ukraines-dry-bulk-exports-surge-as-black-sea-corridor-proves-resilient/
China’s push for import independence combined with falling soybean demand has driven the country’s imported grain shipments down 51% year-over-year this month. According to BIMCO, this decline has significantly affected…
https://gcaptain.com/panamax-pain-as-chinas-grain-imports-plunge-51/
The dry bulk shipping sector is heading for stronger earnings in 2025, driven by environmental regulations reshaping vessel supply and sustained commodity demand, according to maritime research firm Drewry. Drewry’s…
https://gcaptain.com/dry-bulk-market-poised-for-2025-upturn-drewry-says/
Dry bulk ship recycling has plummeted to its second-lowest level in 16 years, with only 45 ships recycled so far in 2024, according to BIMCO, the world’s largest trade association…
https://gcaptain.com/dry-bulk-ship-recycling-hits-16-year-low/
The dry bulk shipping sector is experiencing a resurgence, with the Baltic Dry Index (BDI) showing improvement and major financial institutions taking notice. Deutsche Bank has recently initiated coverage on…
https://gcaptain.com/dry-bulk-shipping-sees-renewed-momentum/
COSCO SHIPPING Development, a subsidiary of China state-owned COSCO Group, has announced a landmark agreement for the investment, construction, and leasing of 42 bulk carriers, marking its largest shipbuilding and…
https://gcaptain.com/cosco-shipping-inks-massive-42-vessel-deal/
By Maximilian Heath BUENOS AIRES, Aug 12 (Reuters) – Grains shipments out of Argentine ports are normalizing after the government ordered workers to suspend a nearly week-long strike earlier on Monday, the…
https://gcaptain.com/argentina-grain-ports-normalizing-after-strike-suspension/
A new report from the International Association of Dry Cargo Shipowners (INTERCARGO) shows a decade-long trend of safety improvements in the dry bulk shipping sector. The report underlines a significant…
https://gcaptain.com/safety-improvements-in-dry-bulk-shipping-sector-noted-by-intercargo/