Dry Bulk Deals Gather Pace

The dry bulk Sale & Purchase market remained highly active during the first seven months of 2026, with 496 bulk carriers changing hands, compared to 428 vessels during the corresponding period of 2025, representing a 16% year-on-year increase.

Shell has reached an agreement to sell its 100%-owned subsidiary BG Cyprus Ltd. to MOL Group for up to $720 million, subject to customary adjustments and milestone-linked contingent payments.

Beyond Posidonia: Tracking the Pulse of Greek Dry Bulk Transactions:

As Posidonia week drew to a close, it offered an opportune moment to reflect on activity levels in the dry bulk Sale & Purchase (S&P) and newbuilding (NB) markets during the first five months of 2026, with particular focus on the presence and positioning of Greek interests.

Market Commentary:

The crude tanker market in 2026 has undergone one of the most violent earnings transformations in recent memory, driven not by demand expansion but by the physical disruption of the world's most critical oil chokepoint.

The seven OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman met virtually on 3 May 2026, to review global market conditions and outlook.

Σήμερα η τιμή του βαρελιού του πετρελαίου Brent Βόρειας Θάλασσας σε παράγωγα (προθεσμιακά συμβόλαια) βρισκόταν στα 78,83 δολάρια (+1,10%) περί τις 03:10 (ώρα Ελλάδας). Χθες ήταν στα 82,37 δολάρια.