Bulk Carriers News


OSC Holds Mumbai Seafarers’ Conference

Oct 24, 2016

Oman Ship Management Company (OSC) hosted a high-level conference in Mumbai for senior officers following a rapid rise in crew numbers. The ‘Seafarers’ Safety Conference’ was a platform for Oman Shipping Company’s subsidiary Oman Ship Management…

Nautisk Names Rozands New Orleans Sales Manager

Oct 24, 2016

Global chart distributor Nautisk has appointed a new regional sales manager for its New Orleans hub. Petey Rozands will take up management of sales and new business activity for North America and the surrounding region. Working out of Nautisk’s New Orleans hub…

Grain Exporters in Argentina Invest $1.2 Bln in Rosario Hub

Oct 21, 2016

Companies that ship grains from Argentina including Glencore, Cargill, Cofco, and Bunge, will invest some $1.2 billion over three years to improve infrastructure in the main port network of Rosario, the government said on Friday. The largest investment came from Renova…

South Carolina Ports Report Cargo Growth

Oct 20, 2016

South Carolina Ports Authority reported year-over-year growth during the first quarter of its 2017 fiscal year.  SCPA handled 162,858 twenty-foot equivalent units (TEUs) in September. First quarter TEU volumes were up 1.4 percent over the same period last year…

Little Rock Port Authority Reports September Shipping

Oct 20, 2016

Total barge tonnage through the Port of Little Rock in September was 52,000 net tons.  Dock activities have slowed slightly; however they continue to compare favorably to calendar year 2015.  Logistic Services, Inc. has handled 383 barges during the nine months of 2016 year and 578…

Moore Stephens: 4th Straight Year of Operating Costs Decline

Oct 19, 2016

International accountant and shipping consultant Moore Stephens says total annual operating costs in the shipping industry fell by an average of 2.4% in 2015. This compares with the 0.8% average fall in costs recorded for 2014, and is the…

CSL Head Rod Jones to Retire

Oct 13, 2016

CSL Group head Rod Jones will retire effective March 31, 2017, after a career with the Canadian dry bulk shipper that spans over 30 years, including nine years as president and chief executive officer. Louis Martel, currently CSL International president and CSL Group executive vice-president…

Plunging UK Coal Imports Starts ‘Concerning Trend’ -BIMCO

Oct 10, 2016

The main exporters of thermal coal for coal-fired power plants to the U.K. have experienced a heavy decline in seaborne cargo volumes in 2016. This comes as a result of the U.K. starting a concerning trend for the dry bulk shipping industry…

Stranded Kayaker Rescued in Lake Superior

Oct 08, 2016

A Coast Guard air crew rescued a kayaker in Lake Superior Friday afternoon.The kayaker’s name and hometown are not being released.At 1 p.m., Coast Guard Sector Sault Ste. Marie, Michigan, received an emergency transmission over marine…

Site for Indiana's Fourth Port Being Examined

Oct 07, 2016

The Ports of Indiana announced that Indiana Michigan Power has agreed to sell its recently retired Tanners Creek coal plant in Lawrenceburg, Ind., to a brownfield redevelopment company that is working with the Ports of Indiana to evaluate the site for use as the state's fourth port…

Great Lakes Limestone Trade Slides in September

Oct 06, 2016

Shipments of limestone on the Great Lakes totaled 2,958,522 tons in September, a decrease of 9.5 percent compared to a year ago, reports the Lake Carriers’ Association (LCA). September’s loadings were also 13.3 percent below the month’s five-year average…

Consolidation, Greater focus on Risk Management and Higher Finance Costs - BIMCO

Oct 06, 2016

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 to Struggle to Regain Stance in Portfolios -JPM

Oct 05, 2016

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…

Chamber of Marine Commerce Taps Johnston as Interim President

Oct 05, 2016

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…

Breakbulk Joint Venture Formed in Houston

Oct 03, 2016

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…

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