The absence of the usual Q1 low in dry bulk markets helped Norden to a $117.1m profit for the quarter, up from a $14.9m loss in Q1 2021.
Swire Shipping affiliate SSPL US Inc. signed an agreement to acquire independent US operator Westwood Shipping Lines.
Eco Marine Power has revealed its design concept for a zero-emission handymax bulker, improving on its low-emission design.