Bulk Carriers News


Rayburn Joins LCA as Environmental, Regulatory Director

May 04, 2015

Thomas Rayburn has joined Lake Carriers’ Association (LCA) in the newly created position of Director of Environmental and Regulatory Affairs. Prior to joining LCA, Rayburn was Program Manager for EnSafe Inc. Before that, he spent seven years with the Great Lakes Commission…

Suezmax Tanker Market on the Rise Yet Again

May 04, 2015

Suezmax tankers are looking good for a strong 2015 year, before posting a mild downside during 2016, but are poised to accelerate yet again in 2017 on rising deliveries, said shipbroker Charles R. Weber in its latest weekly report (Ref. Weekly…

BP Shipping Turns 100

May 02, 2015

BP Shipping celebrated its 100-year anniversary yesterday, making it the longest continually operating company in the group. Formed on April 30, 1915 as the British Tanker Company, the business has contributed to two world wars, the Great Depression…

Growth Potential of European Short Sea Shipping Untapped

May 01, 2015

A coalition of European shipping sector organisations, led by the European Community Association of Ship Brokers and Agents (ECASBA), has called on the European Parliament, Commission and Member States to honour the commitments to support…

Gulftainer’s Khorfakkan Terminal Sets Record Unloading

May 01, 2015

UAE based Gulftainer, a terminal operating and logistics company, set a new record for the handling of the largest unloading and loading of a single vessel call at its Khorfakkan Container Terminal (KCT), at 19,561 TEUs (Twenty-foot equivalent unit)…

Argentine Port Strike May Cut Soy Flow, Raise World Food Prices

Apr 29, 2015

Argentina's main grains port of Rosario was paralyzed at midday on Wednesday by an open-ended wage strike by boat captains needed to help dock incoming cargo ships, the country's port management chamber said. At a busy time of the year for exporters…

MacGregor Delivers Major Winch for Korean Heavy Lift Barge

Apr 29, 2015

Following an order announced in October 2013, MacGregor, part of Cargotec delivered and commissioned 45 variable frequency drive (VFD) winches and a full control system for the recently completed heavy-lift crane barge Hyundai HLV-10000, one of the largest heavy lift vessels in the world…

London P&I Club Issues Recommendations on Bauxite Cargoes

Apr 27, 2015

The London P&I Club has issued a list of recommendations to owners contemplating the carriage of bauxite cargoes in the wake of renewed concerns about the dangers of cargo mis-declaration and potential liquefaction.In the latest issue of the club’s StopLoss Bulletin…

Norwegian Car Carriers to Buy Two from Hyundai Samho

Apr 25, 2015

Oslo-listed Norwegian Car Carriers (NOCC) has signed a contract with Hyundai Samho Heavy Industries for the construction of two 6500 ceu Pure Car Truck Carrier (OCTCs). Delivery from the South Korean shipyard is scheduled for between the fourth quarter 2016 and first quarter 2017…

MOL Orders Four Car Carriers

Apr 24, 2015

Mitsui O.S.K. Lines, Ltd. (MOL) has signed a contract covering construction of four next-generation 'FLEXIE' car carriers at Minaminippon Shipbuilding Co., Ltd.  To be delivered in 2017 and 2018, the ships will serve on on MOL's worldwide…

Hamburg Süd Hit by Slowdown

Apr 24, 2015

The Hamburg-headquartered shipping line Hamburg Süd was hit by the economic downturn on the carrier's key markets in Brazil, Argentina and Venezuela. The modest 2 percent increase in cargo volumes is attributed to the less-than-expected…

GSF and BIMCO Publish Standard Box Freight Document

Apr 23, 2015

The Global Shippers Forum (GSF) has joined forces with the Baltic International Maritime Council Organisation (BIMCO) to launch the BIMCO/GSF SERVICECON container shipping contract.  GSF is a NGO inaugurated in the UK four years ago but…

U.S. Ports Expands to be with Panama’s $5 Billion Canal Upgrade

Apr 20, 2015

A report in the USA Today says that the U.S. ports are busy deepening harbors and building bigger terminals to draw the bigger ships. Across the USA, public ports and their private sector partners will spend more than $46 billion in port-related improvements through 2016…

Liner Service Reliability Jumps to 64%

Apr 18, 2015

According to Drewry Supply Chain Advisors, liner shipping service reliability on the three East-West trades showed an aggregate on-time performance of 64% in March - a five-month high. According to Carrier Performance Insight, the online schedule reliability tool provided by Drewry…

More Data Shows Chinese Slowdown

Apr 15, 2015

Chinese slowdown confirmed in Chinese and IMF data The Chinese economy grew by 7% y-o-y in the first quarter of 2015, according to National Bureau of Statistics in China. This is the weakest overall growth in six years. Growth during the quarter was strongest in the industrial sector (6…

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