Bulk Carriers News


Egypt Aims to Reverse Bans on Agricultural Exports

Aug 08, 2017

Egypt is looking to reverse a series of bans on its agricultural products that has hit one of its most promising export sectors, Abdel Hamid al-Demerdash, the head of Egypt's Agriculture Export Council told Reuters. Egyptian crops from strawberries…

KPI Bridge Oil Hires Lim

Aug 07, 2017

KPI Bridge Oil, a global trader and broker in marine fuels and lubricants, physical supply and specialist in marine risk management products, has announced the appointment of bunker and lubricant trader Brenda Lim at its Singapore office.Lim has more than six years’ experience in the industry…

Baltic Index Rises for Sixth Day Straight

Aug 07, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Monday for the sixth straight session, helped by higher rates for larger vessels.The overall index, which factors in rates for capesize…

Diana Shipping Extends Time Charter with RWE

Aug 04, 2017

Diana Shipping has  announced that, through a separate wholly-owned subsidiary, it has agreed to extend the present time charter contract with RWE Supply & Trading GmbH, Essen, Germany, for one of its Capesize dry bulk vessels, the m/v G. P…

Eagle Bulk Takes Delivery of Madison Eagle

Aug 04, 2017

Eagle Bulk Shipping, one of the world’s largest owner-operators in the Supramax/Ultramax segment, today announced that it has taken delivery of the M/V Madison Eagle, the eighth of nine Crown-63 Ultramax dry bulk sister vessels the Company acquired from Greenship Bulk Trust…

Great Lakes/Seaway Iron Ore Trade Up in July

Aug 04, 2017

The Lake Carriers’ Association (LCA) reported that shipments of iron ore on the Great Lakes and St. Lawrence Seaway totaled 6.4 million tons in July, an increase of 14.7 percent compared to a year ago., yet 2.3 percent below the month’s five-year average…

Baltic Index Up for Fifth Straight Day

Aug 04, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for the fifth day this week, helped by higher rates for larger vessels.The overall index, which factors in rates for capesize, panamax…

Hyundai Merchant US Volumes UP

Aug 03, 2017

South Korea's leading container carrier Hyundai Merchant Marine (HMM) will allocate more vessels to meet rising demand on U.S. routes in the coming months, reported Yonhap. HMM expects a shortage of container carriers on the high-traffic routes from August to October as U…

Protest in Brazil May Delay Grain Loadings

Aug 03, 2017

Brazil grains exporters group Anec on Thursday said it will send an official communication to foreign buyers saying that protests by truck drivers in the country might delay grain loading operations at Brazilian ports. Anec's director Sergio…

Great Lakes/Seaway Iron Ore Trade Up in June

Aug 03, 2017

Shipments of iron ore on the Great Lakes and St. Lawrence Seaway totaled 6.7 million tons in June, an increase of 16 percent compared to a year ago, the Lake Carriers' Association (LCA) reported. Shipments also bettered the month’s five-year average by 8 percent…

Port of Baltimore Continues to Set Cargo Records

Aug 02, 2017

The Helen Delich Bentley Port of Baltimore’s public marine terminals have for the first time surpassed one million tons of general cargo in one month, handling a total of 1,007,704 tons in May and leapfrogging past the previous record of 923…

Dry Bulk Shipping Demand to Continue: Drewry

Aug 01, 2017

Drewry expects that dry bulk shipping charter rates will continue to recover with firm demand and controlled fleet growth, according to the latest edition of the Dry Bulk Forecaster, published by global shipping consultancy Drewry.Drewry…

Ports of Indiana Shipments up 19% in 2017

Aug 01, 2017

Shipments reached nearly 5.7 million tons and grew by 19 percent at the Ports of Indiana during the first six months of 2017 compared to the same time period last year. The growth, led primarily by increased shipments of coal, ethanol, fertilizer…

Grand Bahama Shipyard Reports Commercial Success

Aug 01, 2017

Caribbean shipyard Grand Bahama Shipyard (GBS) said it has completed work on 30 commercial vessels within first half of 2017, predominantly comprised of companies returning to the yard with repeat business including tankers, bulk carriers, containerships…

Baltic Index Rises on Improved Capesize Rates

Aug 01, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for the second straight day on Tuesday, supported by higher demand for capesize vessels.The overall index, which factors in rates for capesize…

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