Bulk cargo

Kpler, the premier source for global trade intelligence, is embarking on its first Posidonia participation following last year's acquisition of Greek maritime tech company MarineTraffic, the world's leading ship-tracking intelligence platform.

British maritime security firm Ambrey said on Monday that a Marshall Islands-flagged, Greece-owned bulk carrier was targeted by missiles in two incidents within two minutes while transiting through the Bab al-Mandab Strait.

The bulker was reportedly hit and suffered damage to its the starboard side, Ambrey added.

Diana Shipping Inc, the NYSE-listed shipping company of the Palios family, secured a fare four times higher than the previous one.

The ship's charter, which is expected to generate approximately US $ 5.04 million gross revenue for the minimum scheduled timeframe period, is indicative of the recent significant increase in the bulk cargo freight market.

The rise of the Baltic Dry Index on Monday reflects a growing consensus among analysts and investors that dry-bulk cargo shipping is on solid ground.

On Monday, the index was at 1.260 points - up 33 percent since the beginning of the year, and 84 percent over the last 12 months.