Bulk Carriers News


CMA CGM Strengthens its Presence in Lebanon

Aug 04, 2015

The CMA CGM Group upgrades its Lebanese service by adding a call in Beirut on its EPIC line, joining North Europe to Indian sub-continent, and on its MEX line, joining the Mediterranean to Asia. 'We are pleased to announce that starting…

Duluth Port Authority Shuffles Management

Aug 03, 2015

The Duluth Seaway Port Authority informs it is expanding the role of one of its management team members, reassigning duties of others and will be adding a new facilities manager to the staff in September.  Jim Sharrow, who has served as the port authority’s facilities manager since 2002…

Shanghai 6th Best Shipping Center Globally

Jul 30, 2015

Shanghai has moved up the rankings of the world’s top shipping centers to sixth place, surpassing Dubai thanks to Free Trade Zone regulations and the Belt and Road Initiative, according to a report and index looking at the importance of the world’s key shipping centers…

Dry Bulk Shipping Outlook Improving

Jul 30, 2015

The dry bulk market looks set for a solid show, although conditions remain more than challenging, analysts with Macquarie said in a note, reports WSJ. As the amount of iron ore and other goods carried by these ships races ahead of new capacity…

Cargo Ship Refused Access to Paris MoU Region

Jul 29, 2015

General cargo ship M/V Georgiana H, IMO number 8911413, was detained in Marina di Carrara, Italy on July 17, tallying as the ship’s third detention in the Paris MoU region within the last 24 months.  The ship flies the flag of Republic of Togo which is black on the current Paris MoU WGB list…

G6 Alliance Modifies Asia-Europe

Jul 29, 2015

The G6 Alliance has strengthened its Asia-Europe service by adding additional ports.  The G6 alliance, consisting of APL, Hapag-Lloyd, Hyundai Merchant Marine, Mitsui O.S.K. Lines, Nippon Yusen Kaisha and Orient Overseas Container Line…

BHP Shedding 100 HQ Jobs Amidst Commodities Rout

Jul 28, 2015

BHP to cut jobs in Melbourne HQ; cuts to be made gradually over 'coming years.'Global mining giant BHP Billiton intends to cut about 100 jobs at its Melbourne headquarters in coming years as it strives to lower overheads and streamline corporate operations amid a crash in minerals prices…

Araya Adrift in Black Sea

Jul 27, 2015

The bulk carrier Araya lost power and adrift on 90 nautical miles off Odessa, Ukraine in Black Sea on July 25.  The carrier, en route from Ilyichevsk Ukraine to Constanta Romania, got full blackout several hours after leaving the port of Ilyichevsk…

Transgrain Charters Diana Panamax Bulker

Jul 24, 2015

Diana Shipping Inc. a global shipping company specializing in the ownership of dry bulk vessels, today announced that on July 8, 2015, through a separate wholly-owned subsidiary, it entered into a time charter contract with Transgrain Shipping B…

Shipper Fined for Dumping Garbage in the Great Barrier Reef

Jul 23, 2015

The master and owners of the Hong Kong registered bulk carrier ANL Kardinia have been prosecuted for illegally dumping garbage in the Great Barrier Reef Marine Park. Prosecuted by the Australian Maritime Safety Authority (AMSA), One Armania Shipping Ltd…

Star Bulk Adds Three Vessels

Jul 23, 2015

Star Bulk Carriers Corp. announced that on July 15, 2015 it took delivery of M/V Goliath and M/V Maharaj, two 209,000 dwt Newcastlemax bulk carriers built by Nantong COSCO KHI-Ship Engineering Co. In addition, on July 22, 2015 Star Bulk took delivery of M/V Star Aquarius…

Diana Finds Work for Panamax Duo

Jul 14, 2015

Diana Shipping Inc., today informed that through a separate wholly-owned subsidiary, it entered into a time charter contract with Cargill International S.A., Geneva, for one of its Panamax dry bulk vessels, the m/v Naias. The gross charter rate is US$6…

TS Lines Orders Two Box Ships from CSBC

Jul 09, 2015

T.S. Lines has placed an order with Taiwan's CSBC Corp for two containerships with capacities of 1,800 TEUs, with an option for an additional two similar units. The price the Taiwanese carrier paid for the new vessels, which are set for delivery in the second half of 2017…

Shipping Gloomiest Since 2009

Jul 06, 2015

The shipping industry is the most pessimistic in six years about its prospects as a fleet surplus persists, according to a survey by law firm Norton Rose Fulbright, says a report in Reuters. The growing vessel glut is battering sentiment…

South Korea Tops in Shipbuild Orders

Jul 06, 2015

South Korean shipbuilders, led by industry leader Hyundai Heavy Industries Co., have secured the largest amount of new orders in the first six months of the year to retain the top slot, while the global shipbuilding industry saw new orders halve…

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