Dry Bulk Shipping Companies

October 2023

The 2007-built vessel "Boston" will be sold to a non-affiliated third party for a net sale price of about US$18 million, according to a Memorandum of Agreement Diana Shipping Inc. (NYSE: DSX), (the "Company"), a global shipping company that specialises in the ownership and bareboat charter-in of dry bulk vessels.

4 Newcastlemax, 9 Capesize, 5 Post-Panamax, 6 Kamsarmax, 7 Panamax, and 9 Ultramax dry bulk ships will be among Diana Shipping Inc.'s fleet of 40 dry bulk ships after the aforementioned deal is complete. As of right now, the Company's fleet, which includes the m/v Boston, has a weighted average age of 10.51 years and a carrying capacity of roughly 4.7 million dwt.

Diana Shipping Inc. offers shipping and transportation services on a global scale through the ownership and bareboat chartering of dry bulk ships. The Company's boats transport a variety of dry bulk cargoes, including goods like iron ore, coal, grain, and other minerals, along major shipping lanes around the world, typically on short- to medium-term time charters.

March 2023

As it grows in Southeast Asia, GAC Group has joined forces with SME Logistics Holding to establish its first office there.

The Ho Chi Minh City office provides integrated shipping, logistics, and marine services to a variety of industries, including dry and liquid bulk, liners, FMCGs, and offshore energy, in support of customers at ports along the Saigon River.

The opening of the new facility is a reaction to the region's expanding need for shipping and logistics services, and it also offers a chance to support the exploration, production, and maintenance activities for Vietnam's expanding offshore wind farm projects.

List of the Key Companies in the Dry bulk shipping Market includes

• Diana Shipping Inc


• Star bulk carriers Corp


• Scorpio bulkers Inc


• Genco shipping and trading limited


• GAC


•  Freeseas Inc


•  NYK Line


•  Globus Maritime Limited


•  Western bulk


•  Berge bulk among others