Bulk Carriers News


World's Largest Grab Unloader Operational

Jan 10, 2013

EMO’s new 85-tonne unloader, the largest of its kind in the world, is now fully operational in the Missisippihaven in the Port of Rotterdam.The unloader, fabricated entirely in Europe, strengthens the terminal’s unloading capacity by 10 million tonnes per year…

Ingram Promotes Robert Barker

Jan 09, 2013

Robert Barker is promoted to Senior Vice President and Chief Information Officer, Ingram Barge Company.“Robert has been managing operations, budgets, and varied technological projects of the Information Services group since joining Ingram in 2010…

AWO, WCI: 9' Drafts Must be Maintained in Mississippi

Jan 08, 2013

Waterways Operators Commend Administration, Senator Durbin, Corps of Engineers; Stress Need for Continued Assurance of 9-Foot Navigation Channel on Mississippi River. The American Waterways Operators (AWO) and Waterways Council, Inc. (WCI)…

COSCO Deliver Two China-built Bulk Carriers

Jan 07, 2013

COSCO Corporation (Singapore) subsidiary shipyards in China deliver bulk carriers to two European buyers.COSCO (Dalian) Shipyard Co., Ltd has delivered a bulk carrier of 92,500 dwt, Sicilian Express, a post-panamax bulk carrier and the last…

VLOC Delivered to Oman Shipping Co.

Jan 07, 2013

Oman Shipping Company (OSC) has taken delivery of its third Very Large Ore Carrier (VLOC) 'Vale Saham' in China.The giant bulk carrier will be used to transport iron ore from Brazil to Sohar, Oman. OSC has one more vessel of its class under…

Lack of Committed Charters Cause of MOL's Losses

Jan 07, 2013

In his New Year message, Mitsui O.S.K. Lines President Muto predicts loss in 2013 of same magnitude as last year, suggests new business model.Excerpts from Mr. Muto's message follow:'The marine transport industry has faced a challenging…

Vroon Take Delivery of China-built Bulk Carrier

Jan 06, 2013

Vroon takes delivery of 'MV Sicilian Express', the last in a series of four bulkers built at COSCO Dalian Shipyard, China.MV Sicilian Express is a 92,500-dwt post-panamax bulk carrier, and her Chinese crew sails under the Gibraltar flag…

Seanergy Maritime Sells Subsidiary BET

Jan 06, 2013

Seanergy Maritime Holdings Corp. has completed the sale of its 100% ownership interest in Bulk Energy Transport (Holdings) Limited (BET). The Buyer, I.M.I. Holdings Corp., is an affiliate of members of the Restis family, the Company’s major shareholders…

Impact of Potential Mississippi River Closure Revised

Jan 02, 2013

Effective Shutdown of Nation’s Busiest Water Transportation Artery Looms Between Early- to Mid-January.   The American Waterways Operators (AWO) and Waterways Council, Inc. (WCI) have released revised data on the economic impact of an effective…

InterManager to Tackle Industry Challenges

Jan 02, 2013

Low freight rates and a challenging market are concerns for ship managers as they begin 2013. A survey of members of InterManager, the international trade association for the ship and crew management industry, has identified the main concerns affecting the industry as it begins the New Year…

Mercator Lines (Singapore) Terminate Ship Charters Early

Jan 01, 2013

Mercator Lines (Singapore) agree early termination & settlement agreements with owners of bulkships 'Chaitali Prem' & 'Chanchal Prem'.Briefly, the existing charter of M.V. “Chaitali Prem” ends on or about 31 August 2014. Under the terms of the relevant Early Termination Agreement…

'Floating Iron-ore Mine' Arrives Oman

Dec 31, 2012

'Vale Sohar' docked at Vale's deep-water jetty in the Port of Sohar to unload iron ore on its first voyage from Brazil.The ship, one of the largest bulk carriers in the world with the capacity to transport 400,000 tons of minerals and the length of four football fields…

Time Charters Cancelled by Japanese Charterer

Dec 28, 2012

NS United Kaiun Kaisha (NSU) resolved early cancellation of dry-bulk ship  time charters due to unfavourable economic market conditions.The cancellation will result in appropriation of extraordinary loss in Q3 2013.Reason for the cancellationsThe…

USACE Revises Forecast for Mississippi Water Levels

Dec 27, 2012

Effective Shutdown of Nation’s Busiest Water Transportation Artery Expected Earlier Than Predicted: January 3-4.   Late Christmas Eve, the U.S. Army Corps of Engineers advised industry of the most current 28-day weather and water forecast for the Mississippi River area near Thebes…

China Shipbuilder Wins Capesize Bulker Contracts

Dec 25, 2012

Shanghai Waigaoqiao Shipbuilding, a CSSC-affiliated shipyard, contracted to build two180,000 dwt bulk ships.The contract with undisclosed European owners has the option for a further four vessels to be delivered if required.The vessels…

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