Bulk Carriers News


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…

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…

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