Dry Bulk Charterer

Germany’s Oldendorff Carriers has agreed to acquire three capesize bulkers at an ‘en bloc package’ price of $212.76m from Singapore-based Trust Energy Resources, a subsidiary of India’s Tata Power Company.

RightShip is launching a new safety score which it says responds to industry feedback for a more transparent method of assessing vessel safety.

Heavily ‘front-loaded’ deliveries of dry bulk newbuilds will have a chance for rebalancing to avert an oversupply market in light of the escalating outbreak of the coronavirus (COVID-19), according to Maritime Strategies International (MSI).

Ningbo-Zhoushan port has inked a service agreement with Brazilian Vale to jointly develop a new iron ore product, GF88, at Shulanghu terminal, Zhoushan.