Bulk Carriers News


GAC Sharpens Focus on Brazil's Billion Dollar Chemical Industry

Dec 10, 2013

GAC Brazil has added specialist support for chemical tankers to its package of integrated services. This marks the latest milestone in the rapid growth of GAC's operations in Brazil. In the past year, it opened a third office in Santos…

Barge Industry Addresses USCG Draft SGEWW

Dec 06, 2013

Barge Industry Comments on Draft Coast Guard Shale Gas Wastewater Transport Policy; Cites Strong Safety RecordThe American Waterways Operators, the national trade association representing the tugboat, towboat and barge industry, submitted comments on the U…

Horses for Courses: Is the Ship Suitable for the Cargo?

Dec 01, 2013

ITIC has warned ship managers of the potentially severe financial implications of nominating unsuitable ships for the carriage of specific cargoes.In the latest issue of its Claims Review, ITIC cites the case of a commercial ship manager which fixed a ship for a voyage of 4…

First Iron Ore Trade Using CargoDocs Electronic Bills of Lading

Oct 30, 2013

BHP Billiton, Royal Bank of Scotland, Westpac Banking Corporation, Cargill and Minerva Marine recently completed the first trade financed iron ore trade using ESS’s CargoDocs electronic bill of lading and eUCP Presentation solutions. CargoDocs was used on a shipment from Australia to China…

Arntzen Joins World Maritime Day Risk Management Panel

Oct 21, 2013

Clay Maitland, Chairman of the North American Marine Environment Protection Association, announced that Morten Arntzen will moderate the Risk Management panel at this year’s North American World Maritime Day Observance being held on October 30th aboard the Hornblower Infinity in New York…

New Orleans Vessel Traffic Returns to Normal

Oct 07, 2013

Vessel traffic on the Mississippi River returned to normal Sunday as the remnants of Tropical Storm Karen dissipated. U.S. Coast Guard officials rescinded all restrictions on the River and area waterways about midnight, allowing vessels and mariners to resume normal operations…

Port of New Orleans: Tropical Storm Update

Oct 04, 2013

Cargo operations at Port of New Orleans terminals continued uninterrupted today, despite the closure of Southwest Pass at the mouth of the Mississippi River in anticipation of affects from Tropical Storm Karen.“The entire Port community…

FSL Trust Executive Tenders Resignation

Oct 04, 2013

Vijay Kamath, Senior Vice President and Chief Commercial Officer (CCO) at First Ship Lease Trust (FSL Trust), will depart the company October 4, 2013 to pursue other career opportunities.Mr. Kamath was responsible for new business development…

Focus on Cash Control Impacts Ship Operating Costs

Sep 27, 2013

International accountant and shipping consultant Moore Stephens says total annual operating costs in the shipping industry fell by an average 1.8% in 2012. This compares with the 2.1% average rise in costs recorded for the previous year. There…

Shipping Confidence Holds Firm

Sep 20, 2013

Overall confidence levels in the shipping industry held firm over the three-month period to August 2013, maintaining the highest level reached since November 2010, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens…

TOP Ships to Sell Its Current Fleet to Acquire New Vessels

Sep 06, 2013

TOP Ships Inc. an international maritime shipping company that provides transportation services for petroleum products and dry bulk commodities, announced that it has entered into three stock purchase agreements with an affiliate of the AMCI…

Iron Ore and Coal World Shipping Summit 2013

Sep 03, 2013

The fifth annual Iron Ore and Coal World Shipping Summit will take place on October 1 in Athens, Greece.The conference will focus on the maritime transportation of iron ore and coal, making an attempt to forecast the trends of global economy…

Safe Carriage of Bulk Cargoes: IMSBC Code Amended

Sep 03, 2013

LR has issued an alert applicable to all shipowners & operators involved in the carriage of solid bulk cargoes:   amendments to the International Maritime Solid Bulk Cargoes (IMSBC) Code will enter into force on 1 January, 2015, and may be implemented voluntarily from 1 January…

Energy Efficiency, Vessel Versatility Central in Future Maritime Transportation

Aug 29, 2013

The future dry cargo vessel must be able to adjust quickly to changing transportation needs. The Finnish industrial production structure is anticipated to change and therefore maritime transportation ought to be tighter integrated to production chains…

New Dry Bulk Shipowning Firm Raises Funds

Aug 29, 2013

Nautical Bulk Holdings Limited, a newly formed Bermuda-based dry bulk shipping company, has raised in excess of $100 million of equity capital to fund the construction of eight ultramax, eco-friendly vessels under construction by Jiangsu Hantong Ship Heavy Industry…

Current News

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