Bulk Carriers News

 

Ukraine Black Sea Grain Deal Extended for Two Months

May 18, 2023

The Ukraine Black Sea grain deal has been extended for two more months, in what U.N. Secretary-General Antonio Guterres hailed as 'good news for the world,' a day before Russia could have quit the pact over obstacles to its grain and fertiliser exports…

Brazil on Track to Become World Maize Export Leader in '23

May 10, 2023

“Brazil remains on track for a record maize harvest this year, and exports could rise 8% in 2023. Brazil could thereby become the world’s largest maize exporter this year, which would partially offset weaker harvests in the US, Argentina, and Ukraine…

Why the EU is Restricting Grain Imports from Ukraine

May 09, 2023

The European Commission has announced restrictions on the imports of Ukrainian wheat, maize, rapeseed and sunflower seed in Poland, Hungary, Romania, Slovakia and Bulgaria until June 5.The move led to Poland, Hungary, Slovakia and Bulgaria lifting…

Ukraine Says Russia Has Effectively Stopped Black Sea Grain Deal

May 08, 2023

Russia has effectively stopped the Black sea grain deal by refusing to register incoming vessels, Ukraine's reconstruction ministry said on Monday.Ukrainian Black Sea ports were blockaded after Russia's invasion last year, but access to three…

Impasse Remains Over Russian Grain, Fertilizer Exports

May 01, 2023

There is no progress in removing obstacles to Russian grain and fertilizer exports caused by the West's 'sanction strategy', a senior Russian diplomat in Washington said on Tuesday, ahead of the expiry of a deal safeguarding Ukrainian grain exports…

Ukraine's Grain Export Success Placates Market Despite Russia's Threats

Apr 25, 2023

Ukraine has shipped significantly more grain over the last several months than originally expected, especially corn, easing worries that were prominent last year over the country’s export program.But Russia now claims it will not support the…

Argentina Grains Inspectors Strike Halts Shipments at Rosario Ports

Apr 17, 2023

Argentina grains inspectors have launched a 24-hour strike that is halting shipments at key river ports in farm transport hub Rosario, the ports chamber CAPyM said on Monday.The strike by the Urgara grains inspectors union is linked to conflicts…

Japan’s Dry Bulk Imports Fall 4%, says BIMCO

Mar 30, 2023

“Having narrowly avoided a recession in the fourth quarter of 2022, the Japanese economy appears to be recovering. However, Japan’s demand for steel remains weak and as a result, the country’s bulk imports are estimated to have fallen by 4% y/y in the first quarter of 2023…

O'Connor Named COO at Interlake

Mar 28, 2023

Brendan P. O’Connor was recently named Chief Operating Officer (COO) of Interlake, a newly created role for the growing family-owned and operated fleet. Previously, O’Connor, a 27-year veteran of the company, held leadership roles as Vice President of Marketing and Marine Traffic…

"K" Line Bulk Carrier Corona Citrus to get "Seawing"

Mar 27, 2023

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) and Electric Power Development Co., Ltd. (J-POWER) decided to install the “Seawing”, an automated kite system using wind power, on Corona Citrus, an 88,000 DWT-type special coal carrier for J-POWER.Completed on September 11…

Soo Locks to Open March 25 for 2023 Shipping Season

Mar 20, 2023

The Great Lakes' 2023 shipping season will commence on March 25 with the opening of the Poe Lock at 12:01 a.m., the U.S. Army Corps of Engineers, Detroit District announced.The operating season is fixed by federal regulation and driven in part…

Vale Inks Deal with KDI Targetting Emission Reductions

Mar 16, 2023

After implementing the vessel-to-cloud Vessel Insight technology to Guaibamax Bulk Carriers in 2020, Vale, iron ore producer and charterer of one of the world’s largest fleet of ore carriers, has signed with Kongsberg Digital to install Vessel Insight on four Valemax vessels…

Can Ukraine's Grain Corridor Ease the Global Food Crisis?

Mar 15, 2023

Russia has proposed that a U.N.-backed initiative that has enabled grains to be exported from Ukraine's Black Sea ports should be renewed for just 60 days.The deal to free up grain exports from Ukraine's southern Black Sea ports, which expires later this month…

India Coal is Back in Business

Mar 01, 2023

India's coal industry celebrated the return of its major conference after a three-year pandemic hiatus by presenting a bullish view of demand, rising supply from new mines and strong demand for imports.'King coal is coming back and coming with a big bang…

Ukraine Urges UN and Turkey to Start Talks to Extend Grain Deal

Feb 28, 2023

Ukraine has sent an appeal to the UN and Turkey to start negotiations on extending a grain export deal, but so far there has been no response, a Ukrainian government source said on Tuesday.Yuriy Vaskov, Ukraine's deputy minister of restoration…

Logistics News

Conflict Heating Up Over Cosco's Megaport in Peru

Conflict Heating Up Over Cosco's Megaport in Peru

McDermott’s Subsidiary Grabs Marsa LNG Job Worth Up To $250M

McDermott’s Subsidiary Grabs Marsa LNG Job Worth Up To $250M

Container Ship Deliveries Hit YTD Record

Container Ship Deliveries Hit YTD Record

Insurance Coverage and the Key Bridge Collape

Insurance Coverage and the Key Bridge Collape

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