Bulk Carriers News


China Iron Ore Imports Rise in September

Oct 03, 2016

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…

Madison Capital Day Focuses on Great Lakes Shipping

Sep 29, 2016

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…

Merger Unites Canada/US Shipping Voices

Sep 29, 2016

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 New Voice of the Bulk Terminal Operator

Sep 28, 2016

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…

Hyster Aims to Boost Breakbulk’s Competitive Position

Sep 28, 2016

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 to Supply Five Cranes for ABP

Sep 26, 2016

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 Names Jackson as CEO

Sep 26, 2016

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…

ABTO Warns of Liquefaction Problems at Terminals

Sep 22, 2016

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…

Wheat Shipping: Egypt Cancels Zero Ergot Policy

Sep 21, 2016

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…

Terminal Operators Face 'Perfect Storm'

Sep 13, 2016

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 Seek to Increase Output

Sep 08, 2016

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…

Australia Bans Bulk Carrier for 12 Months

Sep 06, 2016

Hong Kong flagged bulk carrier Five Stars Fujian has been banned from Australian ports for 12 months once it was discovered that the vessel lacked sufficient provisions for its intended voyage and the crew had not been paid in several months…

Great Lakes Limestone Trade Dips in August

Sep 06, 2016

Shipments of limestone on the Great Lakes totaled 3,365,999 tons in August, a decrease of 13.5 percent compared to a year ago, according to the Lake Carriers’ Association (LCA).  August’s loadings were also 8 percent below the month’s five-year average…

BIMCO: Poor Freight Rates Despite Strong Demand Growth from China

Sep 02, 2016

The dry bulk commodity imports into and exports out of China we have seen in the first half of 2016 are very positive – and nothing short of extraordinary. But, putting it into perspective, compared to the devastating freight rate levels over the same period…

US-flag Lakes Cargos Down Almost 10% in July

Sep 02, 2016

U.S.-flag Great Lakes freighters (lakers) moved 9.85 million tons of cargo in July, a decrease of 9.5 percent compared to a year ago, the Lake Carriers’ Association  (LCA) reports.  The July float was also 9 percent below the month’s five-year average…

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