BIMCO has today published the next in its series of reports looking at the “road to recovery” for dry bulk shipping beyond the current market difficulties. The foundation for the new report follows the conclusion of BIMCO’s previous analysis…
Commodities will battle to regain a prized place in many portfolios after the 'super cycle' fizzled out and in a world of muted global growth, executives at JP Morgan Asset Management said. The sector could, however, claw back a shred of…
The board of directors of the Chamber of Marine Commerce has appointed Raymond Johnston as interim President, effective October 1, 2016. Johnston will oversee the implementation of the merger between the Chamber of Marine Commerce and the…
Ports America and Cooper/T. Smith have merged their breakbulk operations in the Port of Houston into a new joint venture (JV) called Cooper/Ports America, LLC, which will be referred to as C/PA. Operations commenced on Oct. 1, 2016. Additionally…
Chinese iron ore imports rose in September, according to Reuters data, as its steelmakers ramped up output in the face of global trade tensions about the country's steel exports. Thomson Reuters Supply Chain and Commodity Forecasts data showed 82…
A delegation of Great Lakes-St. Lawrence Seaway maritime industry leaders held day-long meetings on Wednesday with Wisconsin state political leadership. Briefings covered the economic impacts of Great Lakes Seaway shipping to Wisconsin’s economy – 8…
The Chamber of Marine Commerce will assume the assets, liabilities and staff of the Canadian Shipowners Association (CSA) following a new merger agreement that aims to create a united voice for commercial shipping in Canada and the United States…
The setting up of a much needed trade association for the bulk terminal operator could see ABTO become a key opinion former at the highest level. The glut of regulations that have or are due to enter into force inevitably impact the bulk…
Breakbulk cargo volumes have been declining over the past years, and with commodities like coffee and cotton continuing to move to containerized transport, breakbulk terminal operators are looking to stay in the game. To win new clients and satisfy current customers…
Cooper Specialized Handling, supplier of port equipment in the UK, has secured contracts with a total value of £6 million ($7.7 mln) with Associated British Ports (ABP) for the supply of five Mantsinen hydraulic cranes. The five contracts include an order for the 200M…
Baltic Exchange on Monday named Mark Jackson, a former Chairman and Director, to replace Chief Executive Officer Jeremy Penn. Baltic Exchange shareholders earlier approved an 87 million pound ($112 million) takeover by Singapore Exchange for one of London's oldest institutions…
The Association of Bulk Terminal Operators has warned that cargo liquefaction – an issue commonly associated with the seaborne transportation of unprocessed mineral ores and concentrates – is also an issue which bulk terminals need to pay attention to…
Egypt has reversed its controversial zero-tolerance policy on the common grains fungus ergot, the government said on Wednesday, backtracking on an import regulation that had all but blocked its access to global wheat. Egypt, the world's largest buyer of wheat…
Global container terminal operators are changing gear – and strategies – as the nature of their market environment changes markedly due to slowing growth, bigger ships and larger liner alliances. Drewry’s latest Global Container Terminal…
China's coal producers have sought government approval for a plan to increase output, sources said on Thursday, partially reversing efforts to cut capacity that has sent prices soaring and depleted domestic stockpiles this year. The State…