Bulk Carriers News


Bi-national Great Lakes Seaway Partnership Launched

Jun 09, 2015

The American Great Lakes Ports Association in partnership with the Lake Carriers’ Association, Fednav Limited, and the Saint Lawrence Seaway Development Corporation, have jointly sponsored a new bi-national public affairs program called The Great Lakes Seaway Partnership…

Interlake Steamship Nears Final Stage of $100m Fleet Upgrade

Jun 09, 2015

The Interlake Steamship Company announced that it will repower its last steamship, the S.S. Herbert C. Jackson, with a highly automated diesel propulsion system in the final phase of a 10-year, $100 million modernization effort to create the most efficient…

China Shipping Charters Diana Panamax

Jun 08, 2015

Diana Shipping has entered into a time charter contract with Hong Kong - based China Shipping Bulk Carrier, for one of its Panamax dry bulk vessels, the m/v Calipso.  The 'Calipso' is a 73,691 dwt Panamax dry bulk vessel built in 2005. The gross charter rate is US$6…

Are Tankers Going the Distance?

Jun 08, 2015

What is happening to the average voyage length of crude oil tankers? Tanker market pundits are continuously discussing the reasons for the strength of the market, especially since the world is experiencing only modest demand growth. What are the key drivers for the significant increases in rates…

Biggies to Rule Ocean, says Maersk CEO

Jun 06, 2015

The WSJ reports that the Danish container-shipping group is ordering more megaships even as freight rates remain low. Reason? The world’s biggest container-shipping companies are set to dominate seaborne trade over the next few years, leaving…

LNG-fueled Bulker Design Approved by DNV GL

Jun 04, 2015

DNV GL has presented Oshima Shipbuilding Company with an Approval in Principle (AiP) certificate for a LNG-fuelled Kamsarmax bulk carrier at the Nor-Shipping exhibition in Oslo today.The new design has been found to comply with DNV GL class rules and all current and upcoming regulations…

AAL Expands into Prince Rupert

Jun 03, 2015

AAL, one of the world’s leading global breakbulk, project cargo and heavy lift shipping operators, has strengthened its foothold in the oil rich mining region of Northern Alberta, by expanding its popular ‘Pacific Service’ liner route to include the British Columbia Port of Prince Rupert…

Honda Teams Up with Giga Shipping

Jun 03, 2015

Honda’s division in Malaysia has opened East Malaysia Logistics Hub in Kota Kinabalu which will be operated and managed by logistics and shipping firm Giga Shipping. Pre-delivery inspection (PDI) management undertaken by Giga Shipping will include standard key management system…

Diana Delivers Kamsarmax Dry Bulk Vessel

Jun 03, 2015

Diana Shipping Inc. has through a separate wholly-owned subsidiary took delivery of the m/v Medusa (formerly ”Torm Island”), a 2010-built Kamsarmax dry bulk vessel of 82,194 dwt that the company entered into an agreement to purchase in April 2015…

Pangaea Bags Extensions for two Contracts of Affreightment

Jun 01, 2015

Pangaea Logistics Solutions has received extensions for two contracts of affreightment (COA) for dry bulk materials, which it says will generate up to $22m in revenue over the next three years.  The extended contracts will also optimally position Pangaea vessels for backhaul routes…

Wage Row Between Argentine Crushers, Companies Reaches Crunch Point

May 29, 2015

Pressure grew on Friday for a resolution to wage talks between exporters and striking crushers in Argentina's Rosario grains hub, with another powerful union threatening to launch its own industrial action on Monday that would paralyze exports…

Q88 LLC Opens Office in London

May 28, 2015

Q88 LLC has opened a new office in London. Located in Soho, the cultural center of London's West End district, the office will serve as a hub for business development and client relations. The office will be headed by Q88's VP of Sales & Marketing…

Sulfur-Laden Bulk Carrier Grounds off Port Arthur, TX

May 27, 2015

The U.S. Coast Guard is working with state and local partners in response to a bulk carrier loaded with sulfur that ran aground in the Gulf of Mexico Tuesday, while transiting outbound from Neches Industrial Park.At approximately 1:30 p.m…

New Dry Bulk Facility at Khalifa Port

May 27, 2015

New AED 20 million facility will pack and transport dry bulk products for petrochemical and mineral manufacturers  Abu Dhabi Ports celebrated the groundbreaking of Schmidt ME Logistics’ new facility in Khalifa Port’s industrial, trade and logistics zone…

Chile Exporters Fret as Customs Strike Continues

May 27, 2015

A customs strike in Chile that began last week has started to affect exports and imports, although miners in the top copper producer said this week they have not yet been significantly impacted. The strike by customs officials, who say they…

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