Bulk Carriers News


Truckers in Argentina Lift Strike, Freeing Grain Exports

Feb 12, 2018

Truckers in Argentina ended a strike that had stalled grain exports and agreed to meet with transportation authorities later this month to resolve their differences, the government said on Saturday. Nearly 100 cargo ships were waiting on…

Ukraine's Grain Export Forecast Unchanged

Feb 12, 2018

The Ukrainian agriculture ministry sees 2017/18 grain exports at up to 41 million tonnes, acting minister Maksim Martyniuk said on Monday. 'For now we keep the forecast unchanged at 40-41 million tonnes. Potentially in the future we could lower the export estimate slightly to 40 million tonnes…

Hyundai Merchant Marine Forms Consortium with MSC, Hapag-Lloyd and ONE

Feb 09, 2018

Hyundai Merchant Marine (HMM) announced that it has established a consortium with global liners, MSC, Hapag-Lloyd, and ONE to launch joint services between Asia and west coast of South America. Previously, HMM operated three Asia-west coast of South America services with MSC…

Ships Queue as Truck Strike Slows Argentina Grain Exports

Feb 09, 2018

Some 93 cargo ships were waiting to load soy and corn from Argentina's main exporting hub of Rosario on Friday, more than a week into a truck owners strike, the spokesman for an industry group said. That was up from just over 60 on Thursday…

Capesize Rally Boosts Baltic Index by Nearly 2%

Feb 09, 2018

The Baltic Exchange's main sea freight index on Friday marked its best day in over two weeks, led by stronger demand for capesize vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels…

Jordan Issues New Tender to Buy Barley

Feb 08, 2018

Jordan's main state grain buyer, the trade ministry, has issued another international tender to purchase 100,000 tonnes of animal feed barley to be sourced from optional origins, European traders said.Tender deadline is Feb. 14 and shipment…

Carisbrooke, Marlink Extend Partnership

Feb 08, 2018

Marlink Group company Telemar has been chosen to provide bridge system repair and maintenance services to Carisbrooke Shipping. The new contract further combines Marlink Group capabilities to enhance Carisbrooke Shipping’s operational efficiency and continuity…

Argentine Truckers Strike Affects Grains Shipping

Feb 07, 2018

A strike by Argentine truck owners aimed at forcing an increase in hauling rates has halted grains unloading at some of the country's terminals, Guillermo Wade, manager of the Chamber of Port and Maritime Activities, said on Wednesday. Argentina…

DP World Reports Record Volume Growth

Feb 06, 2018

Dubai-based terminal operator DP World has reported record container volumes of 70.1 million  TEU (twenty-foot equivalent units) for 2017, a jump of 10.1 percent year-on-year. In the fourth quarter, the global portfolio grew 10.3% year-on-year on a reported basis and 9…

Brazil Logistics Worry Soy Farmers, Exporters as Harvest Starts

Feb 06, 2018

As Brazil's soy farmers begin harvesting, problems on a road connecting the country's agricultural heartland to northern ports provide new evidence the world's largest exporter of the oilseeds is far from solving its logistical bottlenecks. Over the last few days…

Campbell Shipping Migrates to Inmarsat Fleet Xpress

Feb 06, 2018

Inmarsat said it has reached an agreement with Campbell Shipping, a ship management company headquartered in Nassau, The Bahamas, to migrate its fleet of dry bulk carriers to Fleet Xpress. The commitment will involve a migration and upgrade from Inmarsat’s XpressLink services to Fleet Xpress…

Baltic Index Posts First Gain in Seven Sessions

Feb 06, 2018

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for the first time in seven sessions on Tuesday, following a rebound in capesize rates. The overall index, which factors in rates for capesize…

Cargill Partners with Four NGOs on Shipping Sustainability

Feb 05, 2018

Dry bulk shipper Cargill said it is partnering with four NGOs to advance sustainability initiatives and increase accountability across the ocean shipping industry.The company said it has aligned with the Global Maritime Forum, the Maritime Anti-Corruption Network…

Baltic Index Falls to Six-month Low

Feb 05, 2018

The Baltic Exchange's main sea freight index slipped to its lowest level in nearly six months on Monday, weighed down by falling rates in all vessel segments.The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels…

The Baltic Index Fell 10% This Week

Feb 02, 2018

The Baltic Exchange's main sea freight index, ended the week over 10 percent lower on Friday, as rates fell across all vessel segments, pushing the index to near 6-month lows. The overall index, which factors in rates for capesize, panamax…

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