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UK Funds Project to Develop Rotor Sails for Mid-Range Vessels

The UK through its Clean Maritime Demonstration Competition is funding a year-long project which seeks to expand the applicability of rotor sails to m.

EuroDry Ltd Announces Delivery of M/V YANNIS PITTAS, an Eco Ultramax Drybulk Carrier

ATHENS, Greece, Oct. 13, 2023 (GLOBE NEWSWIRE) EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today that it took delivery of the previously announced acquisition of M/V YANNIS PITTAS (ex-GALLILEO), a 63,177 dwt Ultramax drybulk carrier built in 2014, the first of three Ultramax carriers it agreed to acquire. The consideration for the vessel was paid by cash at-hand; the Co

Freight rates stabilise on optimistic outlook

By Brannvoll ApS, Denmark The first half of the month looked inspiring for shipowners. The USG Supramax spot freight market improved with rates show.

Freight rates have potential to go higher after consolidation

By Brannvoll ApS, Denmark The USG Supramax freight market was taking a breather as charterers stepped away after the push in rates observed last mon.

Belships ASA: Acquisition of a new Ultramax bulk carrier

Belships has entered into agreement for the acquisition of a new 64 000 Ultramax bulk carrier which is being constructed at a Japanese shipyard. Delivery of the vessel is expected within Q4 2025 to Q1. | April 13, 2023

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