The Panamax Post

The first vessel of the new segment of methanol-fueled bulkers was officially delivered in Japan on May 13.

The Australian Transport Safety Bureau has released a final report on the double near-grounding of a bulker near Sydney in 2022, and it roundly criticized emergency-management officials for a series of delays in dispatching a full-size response tug.

Tariffs, increasing stem sizes and changing trade patterns formed much of the debate at the Minor Bulks session at this year’s packed Geneva Dry summit.  

Berge Bulk has become the latest ship owner to begin to test an onboard carbon capture system. 

On Friday, a boxship and a bulker collided on Vietnam's Long Tau River, near Ho Chi Minh City, partially sinking the bulker. 

MOL announced that the naming and delivery ceremony for the MOL-ordered LNG-fueled Capesize bulker for JFE Steel Corporation was held at the Saijo Shipyard of Imabari Shipbuilding Co., Ltd. (Ehime Prefecture).

Due to market uncertainty, overall sale and purchase levels for Bulkers have fallen year on year, with a decrease of c.58% and just 77 reported this year to date, compared to 182 for the same period last year.

Shots fired at a bulk carrier off Yemen reinforces ongoing threat to commercial ships during geopolitical turmoil.

Taiwan-based U-Ming Marine has placed an order at CSSC Beihai Shipbuilding for the construction of two 180,000 dwt bulk carriers.

Taiwanese owner and operator Wisdom Marine has confirmed the sale of two Japanese-built bulkers for about $36m in total. 

Danish owner and operator Norden has closed two additional asset plays with fresh sales in the dry bulk market.

Yangzijiang Financial Holding has returned to Jingjiang Nanyang Shipbuilding with a newbuilding project in the handysize dry bulk segment. 

The Ningbo Maritime Safety Administration confirmed that one seafarer died and three others were injured last weekend when a domestic container ship and a domestic dry bulk carrier collided.

Greek shipowner Costamare has lined up a management team for its dry bulk business spin-off. Costamare Bulkers, a separate entity set to be listed on the New York Stock Exchange, will be headed up by Costamare’s chief of finance, Gregory Zikos. 

After seven weeks of preparation, Russian and Chinese officials are reporting progress toward the refloating of a bulker that has been stranded since early February.

Greek bulker owner Diana Shipping has diversified into the gas shipping sector with an investment in a newly established joint venture, building two 7,500 cu m LPG carriers. 

A court in Australia sided with its maritime authorities and ordered the owners of a bulker to pay a fine as well as court costs for failing to follow safety directions.

An innovative project to develop a shipboard ammonia-cracking technology took a key step forward toward the vision of building a zero-emission dry bulk carrier for the copper industry. 

According to Bangladeshi media, a bulker ran aground near the Russian port of Ust-Luga in late December and remained on the rocks for weeks, despite appeals to the local authorities for assistance. 

The carrier USS Harry S. Truman has collided with a merchant vessel in the Mediterranean Sea, according to U.S. 6th Fleet. 

Rough winter weather continues to hamper the response to the grounding of a Chinese bulker just off Sakhalin Island in the Russian Far East, and salvors are awaiting better conditions to inspect the wave-battered seaward side of the vessel. 

Nasdaq-listed Greek dry bulk owner EuroDry has offloaded its oldest vessel for demolition. 

Greek owner Costamare is shipping out one of its oldest bulkers as renewal of the owned fleet presses ahead.

Bulgarian shipping company Navibulgar has released images of the anchoring system aboard the bulker Vezhen, which has been boarded and detained on suspicion of dragging its anchor and damaging a subsea cable between Gotland and Latvia last weekend.