Bulk Carriers News


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…

POLB Solicits Proposals For Zero-Emissions Technology

Jul 28, 2017

The Port of Long Beach, in partnership with the Port of Los Angeles, has released a request for proposals seeking demonstrations of technologies to upgrade tugboats, crew boats, barges and other harbor craft to cleaner engines. Harbor craft…

Golden Ocean Adds Golden Keen

Jul 20, 2017

Golden Ocean Group (GOGL) has announce that it has taken delivery of the last vessel, Q Keen (to be renamed Golden Keen), hence all 16 vessels are now delivered.  Golden Ocean has issued 1,050,000 consideration shares to Quintana Shipping Ltd…

Shipping Perks up at Port of Little Rock

Jul 19, 2017

June saw a return to strong activity at the Port of Little Rock. Logistic Services Inc. (LSI), the Port’s stevedore, handled 42 barges with over 64,000 net tons of cargo during the month.  The main dock was busier as LSI worked 25 barges with over 37…

US Iron Ore Boosts St. Lawrence Seaway Shipping

Jul 19, 2017

With strong increases in iron ore and other cargo, total tonnage shipped via the St. Lawrence Seaway is up 20 percent over last year. The St. Lawrence Seaway Management Corporation reports that cargo shipments from March 20 to June 30 totaled…

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