Bulk Carriers News


Great Lakes Freeze Cost Economy $705m, 3,800 Jobs

Jan 06, 2015

The seemingly glacial ice that brought shipping on the Great Lakes to a virtual standstill last winter cost the economy more than $700 million and nearly 4,000 jobs, the Lake Carriers’ Association (LCA) reported, promting the group to to call…

Vessel Sinks with All Filipino Crew

Jan 04, 2015

A Bahaman ship Bulk Jupiter with all-Filipino crew members sank on Friday in the East Vietnam Sea, some 150 nautical miles off southern Vung Tau City. Personnel of the Vietnam Maritime Rescue Cooperation Center (MRCC) rescued one and recovered two bodies of the crew members…

More Heavy Lifting Ahead

Dec 30, 2014

Justin Archard. Managing Director, Asia Pacific & Oceania at SAL Heavy Lift Singapore Pte Ltd sees a turnaround in the Heavy lift and Over Dimensional Cargo tranport segment. As one of the world’s leading carriers specialised in sea transport of heavy lift and project cargo…

Suez Canal Offers Rebates for Dry Bulk Carriers

Dec 23, 2014

In continuation of her role in offering services to the world trade and encouraging mutual trade between Americas and the Caribbean, on one hand and the Indian subcontinent and Asian countries east of India, on the other hand and in the frame of her marketing policy…

US Fleet to Pump $75m into Great Lakes Shipyards

Dec 22, 2014

U.S.-flag Great Lakes vessel operators plan to spend $75 million this winter to ready the fleet for the 2015 shipping season, the Lake Carriers’ Association (LCA) reported. One vessel is already in drydock undergoing the out-of-water hull inspection required by U…

Port Workers in Argentine Grain Hub End Strike

Dec 19, 2014

Port workers in part of the Argentine grains hub of Rosario lifted a work stoppage on Friday, only a day after they went on strike over demands for higher year-end bonuses, a union official said. The strike briefly halted activity at the ports of Timbues…

Bulker Chief Engineer Convicted of Environmental Crimes

Dec 18, 2014

A chief engineer from the M/V Trident Navigator was convicted by a federal jury in New Orleans late yesterday after a week-long trial, of knowingly falsifying the vessel’s oil record book in violation of the Act to Prevent Pollution from Ships (APPS)…

CSL St-Laurent on Maiden Voyage

Dec 17, 2014

The second of Canada Steamship Lines' (CSL) two newbuild Trillium Class Great Lakes bulk carriers, CSL St-Laurent, was delivered on November 26, 2014 and set sail on her maiden voyage on December 13. She departed at 20:00 CST from Yangfan shipyard on Zhoushan Island…

Slow Progress in US West Coast Port Talks

Dec 15, 2014

The union for 20,000 dockworkers and a group of their employers at 29 U.S. West Coast ports say they are making slow but steady progress in months-long contract talks seen by the shipping industry as a contributing factor in chronic cargo backups…

UASC to Open Agency in Switzerland

Dec 15, 2014

United Arab Shipping Company (UASC), a leading global shipping company based in the Middle East has announced that it will open a wholly-owned representation in the Swiss market as of 1st of January 2015. UASC’s new agency in Switzerland (UASAC…

NORDEN Takes $230m Provision

Dec 11, 2014

NORDEN has taken a $230 million provision with no cash flow effect for onerous time charter contracts in Dry Cargo and reduces full-year guidance – underlying operations unchanged. Following an updated market evaluation, NORDEN has concluded…

Port of Houston Reports Banner Year

Dec 11, 2014

Houston’s Port Commission Chairman Janiece Longoria delivered the 2014 State of the port address in early November.Completing her second year, chairman Longoria reported to a capacity crowd of almost 500 people that the Port of Houston Authority (PHA) is enjoying business success…

Great Lakes Ore Volumes Surpass 2013 Figures

Dec 11, 2014

Shipments of iron ore on the Great Lakes totaled 5.9 million tons in November, an increase of 5.8 percent compared to a year ago. That increase finally pushed the year-to-date total ahead of 2013’s pace. Through November, shipments stand at 53…

MarPro Profile: Brian Buckley McAllister

Dec 09, 2014

It’s not every “tugboat magnate” who is willing to show up at work in full Halloween costume, nor capable of running a NYC marathon in under 4 hours – decked out in Harry Potter wizard regalia, complete with hat, cape and wand – while wearing…

Errors Result in Claims Against Ship Agents

Dec 08, 2014

Careless errors by ship agents are resulting in costly claims, according to ITIC.In the latest issue of its Claims Review, ITIC cites the case of a ship agent which incorrectly calculated two pro-forma invoices in respect of port dues, using the cheaper rate for a cargo of malt…

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