Bulk Carriers News


US Gulf Grain Exports Slowed by Low Mississippi River

Oct 11, 2022

U.S. crop exports at Louisiana Gulf Coast terminals were at their lowest level in nine years for the first week of October, a period when export shipments typically accelerate, according to U.S. Department of Agriculture (USDA) data issued on Tuesday…

Ukraine Grain Backlog Prompts UN Call for Faster Ship Checks

Oct 11, 2022

With nearly 100 grain-laden ships reaching towards the horizon off Istanbul, the U.N. official overseeing exports from Ukraine is asking Russia and other parties to end 'full-blown' inspections of outgoing vessels to ease the backlog.Ukraine has exported more than 6…

Russia Says West Not Honoring Terms of Ukraine Grain Deal

Sep 06, 2022

Russia's Foreign Minister Sergei Lavrov said on Tuesday that the West was not honoring its promise to help Russian food and fertilizer exports reach global markets, raising potential questions about Russia's commitment to a landmark grain deal struck with Ukraine…

Russia Attacks Grain Silos at Ukraine's Mykolaiv Port

Aug 31, 2022

Grain silos in Ukraine's second biggest port, Mykolaiv, were hit by Russian shelling of the city on Tuesday, causing a fire that was still burning on Wednesday, Ukraine's emergencies service said.'As a result of the shelling of Mykolaiv, grain…

Oldendorff Inks Deal for BOSS Voyage Optimization Suite

Aug 22, 2022

German bulk carrier company Oldendorff Carriers -- which operates about 700 ships globally -- and Blue Water signed a contract to implement Blue Water’s BOSS Voyage Optimization Suite for Oldendorff’s cape and baby cape fleet of owned and time chartered vessels…

UN Chief Seeks 'Spirit of Compromise' Over Ukraine Grain Initiative

Aug 18, 2022

U.N. Secretary-General Antonio Guterres urged Russia and Ukraine on Thursday to show a 'spirit of compromise' to ensure the continued success of a U.N. brokered deal that enabled Ukraine to resume grain exports from its Black Sea ports.Guterres…

Great Lakes Iron Ore Trade Down in July

Aug 18, 2022

Shipments of iron ore on the Great Lakes totaled 5.3 million tons in July, a decrease of 6.8% compared to a year ago, according to trade group the Lake Carriers’ Association (LCA). Shipments were also 6.3% below the month’s 5-year average, LCA said…

Russia, Ukraine Agree to Protect Ukraine Grain Shipping Channel

Aug 09, 2022

Ships exporting Ukraine grain through the Black Sea will be protected by a 10 nautical mile buffer zone, according to long-awaited procedures agreed by Russia, Ukraine, Turkey and the United Nations on Monday and seen by Reuters.The United Nations…

Shipping Arrangements Into Ukraine Still Not Ready

Aug 02, 2022

Key arrangements including procedures for ships still need to be worked out before empty vessels can come in and pick up cargoes from Ukraine using the new grains corridor, a senior London marine insurance market official said on Monday.Turkey…

Obstacles to Overcome Before Ukraine Grain Deal Eases Global Food Crisis

Aug 01, 2022

The first ship carrying Ukrainian grain through the Black Sea since Russia invaded Ukraine more than five months ago left Odesa on Monday under a safe passage agreement that has raised hopes hundreds of other vessels will follow.But there are…

New Coal Carrier Enters Domestic Coastal Service for JERA

Aug 01, 2022

On July 31, the coal carrier Ushio, which NYK had ordered from Honda Heavy Industries Co., Ltd. was delivered at the Saiki Shipyard. A naming ceremony was attended by Masato Mizutani, executive officer, head of fuel operation management group of JERA Co…

Rio Tinto Inks Port JV with China-backed Consortium for Guinea's Simandou

Jul 28, 2022

Rio Tinto's Guinea subsidiary has formed an infrastructure joint venture with Winning Consortium Simandou (WCS) and the government, paving the way for work to resume on the world's largest undeveloped iron ore project.The joint venture (JV)…

Seafarer Shortage Stands in Way of Ukraine Grain Corridor

Jul 27, 2022

Finding enough seafarers willing to sail ships stuck inside Ukraine's ports is set to pose a major challenge to the proposed grains corridor designed to ease an international food crisis.Russia and Ukraine last week signed a deal to restart…

Russian Missiles Hit Ukraine Port

Jul 25, 2022

Russian missiles hit Ukraine's southern port of Odesa on Saturday, the Ukrainian military said, threatening a deal signed just a day earlier to unblock grain exports from Black Sea ports and ease global food shortages caused by the war.Ukrainian…

Ship Insurers Sail Into Unknown With Ukraine Grain Risks After Deal Reached

Jul 22, 2022

A number of insurance underwriters are interested in providing cover for grain shipments from Ukraine after an agreement was reached to re-open Black Sea ports, although the first shipments are expected to be weeks away, industry sources said on Friday…

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