Profitability lagging amid modest recovery

Sigma Lithium has reached its second shipment target after trucking 15,000 tonnes of battery-grade lithium concentrate and 30,000 tonnes of by-products to Vitoria Port in Brazil.

Classification society DNV has awarded Viridis Bulk Carriers, an Approval in Principle for its ammonia fuelled shortsea bulker design.

HGK Dry Shipping is constructing an ‘extremely modern’ inland waterway vessel for commodities trader ADM.

Star Bulk and Eagle Bulk will use Sofar Ocean’s Wayfinder voyage optimisation platform to reduce emissions and increase efficiencies.

Values for modern Handysize bulkers have firmed following positive buyer sentiment; it has been an active start to Q2 for sale and purchase activity.

J Lauritzen has a signed letter of intent with Tsuneishi Shipbuilding Ltd for the construction of two methanol dual-fuel Kamsarmax bulk carriers.