Bulk Carriers News


China Cosco Sends 14 More Vessels to Scrap Yard

Apr 15, 2015

China Cosco Holdings has scrapped 14 vessels between February 1 and March 31 this year, continuing progress with its ambitious fleet renewal plan. The 14 ships comprised of one container vessel and 13 dry bulk carriers, which have a combined capacity of 924…

Yemen Conflict: Shipping Lines Pull Back

Apr 14, 2015

The Saudi Arabian-led coalition of anti-Houthi forces attacking Yemen has tightened the blockade on Yemen's ports affecting shipping activity including the delivery and loading of oil and gas shipments.  Ships are unlikely to be able to…

Intermarine Opens Istanbul Office

Apr 13, 2015

Intermarine, LLC, a transporter of project, breakbulk and heavy lift cargo, has established a physical presence in Turkey with the opening of an office in Istanbul.  The new branch will operate as part of the company’s Worldwide division…

Dubai: New Drydocks Record

Apr 13, 2015

Drydocks World, the international service provider to the shipping, offshore, oil, gas and energy sectors, handled 37 projects simultaneously in the Dubai yard, exceeding the previous record of 35 vessels. “Since January 2015 Drydocks World has increased the rate of vessel completion…

Employee Representatives Elected to NORDEN Board of Directors

Apr 09, 2015

The employees in Dampskibsselskabet NORDEN A/S have elected the following employee representatives and alternates to the Company’s Board of Directors for a three-year period: Employee representatives: Lars Enkegaard Biilmann, Captain (reelected) Christian Ingerslev…

Western Port Industry Leaders to Meet

Apr 07, 2015

Port authority CEOs and senior staff from throughout the Western Hemisphere, along with maritime industry leaders, influencers and policymakers are expected to converge on Washington, D.C., April 20-21, to attend the 2015 Spring Conference of…

ABS CEO Lays Out Vision for Technical Leadership at CMA Shipping

Apr 01, 2015

During the recent CMA Shipping 2015 conference in Stamford, Connecticut, ABS Chairman and CEO Christopher J. Wiernicki provided the conference's keynote address to set the agenda for discussion over the following two days. CMA Shipping is an annual meeting of nearly 1…

GAC Sri Lanka Wins Award

Mar 30, 2015

GAC Sri Lanka’s liner arm, McLarens Shipping, has been named “Best Shipping Agent, Customer Service” at the 21st annual Institute of Chartered Shipbrokers (UK) national awards. The accolade was presented in recognition of its high standards of service for Wan Hai Lines in the Intra-Asia sector…

Rand Logistics Announces Debt Refinancing

Mar 30, 2015

Rand Logistics, Inc. announced today that it has closed a $170.0 million revolving loan facility which refinanced approximately $102.0 million of the company's senior secured debt and increased credit availability. Rand said in a statment…

Vale CEO Ferreira to Lead Petrobras Board

Mar 27, 2015

Brazil's government has selected Murilo Ferreira, the chief executive officer of miner Vale SA, to head the board of state-run Petroleo Brasileiro SA, according to a filing from the oil company on Friday.The board will vote on the nomination at a shareholder's meeting on April 29…

Liebherr Opens African Maritime Hub

Mar 26, 2015

Liebherr Maritime Cranes celebrated the grand opening of the new sales and service center in Durban, South Africa. The new African maritime hub was opened by a number of guests from the local industry and Liebherr representatives. Mainly as…

Port of San Diego Plans Terminal Modernization

Mar 13, 2015

Port of San Diego proposes plan to increase regional economic impact; Environmental Impact Report commissioned to study modernization of Tenth Avenue Marine Terminal The Port of San Diego has issued a Notice of Preparation (NOP) for a Draft…

First of 20 New Ships Delivered to Intermarine

Mar 11, 2015

Transporter of project, breakbulk and heavy lift cargoes, Intermarine, LLC, has begun “Fleet of the Future” deliveries with the addition and maiden voyage of the newbuild Industrial Grand. The 20,000 DWT, 545 foot multipurpose vessel Industrial…

Stronger Panamaxes Boost Baltic Sea Freight Index

Mar 05, 2015

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, made minor gains on Thursday on higher rates for the panamax and smaller vessel segments. The overall index, which factors in average daily earnings of capesize…

NORDEN Publishes CSR Report

Mar 04, 2015

Dampskibsselskabet NORDEN A/S has published its Corporate Social Responsibility (CSR) report 2014. Entitled, “On track”, the CSR report presents an overview of NORDEN’s CSR strategy, performance, achievements and future goals.  This is the…

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