Bulk Carriers News


High-tech VTS System to Guide Iron Ore Giants

Apr 13, 2017

One of Australia’s most important economic gateways will soon house a state-of-the-art shipping management control system to be installed at Port Hedland, the world’s largest bulk export port.  The system includes a command and control system integrated with advanced radar…

SUNY Maritime to Award Frangou with Honorary Doctorate

Apr 12, 2017

SUNY Maritime College will recognize one of the most prominent women in the maritime industry with an honorary doctorate during its May 2017 commencement. Angeliki Frangou, chairman and CEO of the Navios Group, will receive an honorary Doctor…

Quality of Ocean Carriers “Poor to Average”

Apr 11, 2017

The service provided by container shipping lines is rated as poor to average and has deteriorated in the past year, according to a survey of exporters, importers and freight forwarders conducted jointly by Drewry and the European Shippers’ Council (ESC)…

Georgia Ports Authority Reports Record Growth

Apr 11, 2017

The Georgia Ports Authority experienced strong growth in containerized, auto and breakbulk trade in March. The Port of Savannah moved 311,770 twenty-foot equivalent units last month, an increase of 5.6 percent or 16,621 TEUs. Total tonnage across all terminals increased 9…

Tradepoint Atlantic Inks License Deal with Host Terminals

Apr 06, 2017

Tradepoint Atlantic, a 3,100-acre multimodal global logistics center in Baltimore, Maryland, that features an unmatched combination of access to deepwater berths, railroads, highways, and storage space today announced an exclusive, 10-year agreement…

INTERCARGO Issues Statement on Loss of Stellar Daisy

Apr 06, 2017

“After the tragic loss of STELLAR DAISY, a quality and thorough investigation report will be needed quickly.”INTERCARGO is deeply concerned at the tragic loss of the VLOC vessel STELLAR DAISY reported on 31 March 2017; our thoughts are with the families and loved ones of the seafarers…

Chinese Dry Bulk Import Up 20% in February

Apr 02, 2017

Chinese seaborne dry bulk import totaled 124Mt in February, up a massive 20% compared to the same month last year when adjusted for the extra day in February last year, says Klaveness  dry bulk research report. YTD import is up 17% compared to the same period last year…

Argentine Port Workers Suspend Strike after Protester Run Over

Mar 30, 2017

Port workers in Greater Rosario, from where 80 percent of Argentina's grains is shipped, suspended plans for a 24-hour strike on Thursday after a truck driver ran over and killed a protester, a union leader said.The driver drove through a line of protesters and had been drinking alcohol…

Baltic Index Hits Two-year High

Mar 29, 2017

The Baltic Exchange's main sea freight index, which tracks rates for dry-bulk carriers, hit a more than two-year high on Wednesday as rates for panamax vessels rose.The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels…

Silver Lining for the Multipurpose Shipping Market

Mar 28, 2017

Following another poor year for multipurpose shipping with further erosion of rates making it the worst market in over 10 years, signs of recovery are now evident with momentum expected to build over the next few years, according to the latest…

Baltic Index Streaks to Highest Level since 2014

Mar 28, 2017

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, continued its gaining streak on Tuesday with a fresh more-than-two-year high, driven by strong demand for large iron ore vessels.The overall index…

Dryships Acquires Four Newcastlemax Vessels

Mar 27, 2017

DryShips Inc. has entered into agreements with unaffiliated third parties to acquire four Newcastlemax bulk carriers of approximately 206,000 DWT and with an average age of 3 years. The company expects to take delivery of the vessels before the end of June 2017…

APM Terminals Pipavav Welcomed Inaugural Container Train Service

Mar 27, 2017

APM Terminals, Pipavav received the inaugural container train from Rail Container Terminal [RCT], Vadodara carrying Glass Materials, Syringes, Led Bulb, flexible intermediate bulk container [FIBC] Jumbo bags, Plastic Articles for export. Operated by Container Corporation of India [CONOCR]…

Baltic Index Rises to Over 4-month High

Mar 24, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, closed at its highest level in more than four months, helped by stronger rates across all vessel segments. The overall index, which factors in rates for capesize…

Baltic Index Inches Up on Firmer Panamax Rates

Mar 23, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, edged up on Thursday as panamax rates increased.The overall index, which also factors in rates for capesize, supramax and handysize vessels…

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