Category: Dry Bulk
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Planning for expansion, Canfornav opens Hong Kong office
Planning for expansion, Canfornav opens Hong Kong office Canfornav, the Montreal-headquartered ship operator founded in 1976 as lumber trade specialist Canadian Forest Navigation, has big plans for expansion. Now a leading international dry bulk carrier connecting the Great Lakes and the St. Lawrence River to 900 ports around the world, it owns 30 lakes-suitable bulk…
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BIMCO: Bulker deliveries could reach six-year high in 2026
BIMCO: Bulker deliveries could reach six-year high in 2026 “We forecast that bulker deliveries will gradually increase this year and in 2026, reaching 41.2 million deadweight tonnes (DWT) and a six-year high. Bulker newbuilding contracting was strong in 2023 and 2024, and several of the ships ordered during this period are expected to be delivered…
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CMB.TECH and Golden Ocean to merge into ‘one of largest diversified listed maritime groups’
CMB.TECH and Golden Ocean to merge into ‘one of largest diversified listed maritime groups’ Dry bulk shipping company Golden Ocean Group (GOGL) and Belgian shipowner CMB.TECH have signed a term sheet for a contemplated merger, which is expected to create “one of the largest diversified listed maritime groups in the world” with a combined fleet…