The Port of Hamburg’s overall results for the first nine months characterized by export growth and an import downturn.In the first nine months of 2012 the Port of Hamburg achieved total throughput of 98.1 million tons (down 0.8 percent)…
Euroseas Ltd. owner & operator of drybulk and container carriers publish financial reports period ending 30, September 2012Third Quarter 2012 Highlights: -Net loss of $0.8 million or $0.02 net loss per share basic and diluted on total net revenues of $13…
A decline in demand for freight transportation leads IBISWorld to update its market report on US Ocean & Coastal Transportation.The transportation sector provides deep-sea, coastal, Great Lakes and St. Lawrence Seaway water transportation…
The Shipping Corporation of India Ltd. (SCI) accepts bulk carrier 'Vishva Vijay' from STX Shipbuilding, Dalian, China.The vessel is the third in a series of four Panamax bulk carriers ordered by SCI from STX (Dalian) Shipbuilding Co. Ltd…
'RTM Cook', built at Hanjin Heavy Industries in Subic Bay, Philippines, first of eight new RTM bulkers to fly the Red Ensign.Rio Tinto Marine provides services to the Rio Tinto Group to ensure that maximum efficiency is achieved in all of their mine-to-market supply chains…
The 47, 500 dwt bulk carrier 'You Hao 1' delivered by China Shipping Industry (Jiangsu) Co., Ltd. (CICJS).The bulk carrier for Shanghai Friendship Shipping was the first to be built by this shipbuilder and was delivered at the No.1 outfitting quay of CIC Changxing shipyard…
Steve Demeroutis and Rudy Leming Take on New Roles Crowley Maritime Corporation has announced that Steve Demeroutis will now assume the role of vice president, marine operations, for the company’s petroleum and chemical transportation group…
Will Attend Public Events This Week in Davidson, Knox and Hamilton Counties, Media Invited to Events Monday, Tuesday, and Wednesday.U.S. Senator Lamar Alexander will be at a number of event across the state this week. Media are invited to all events…
CH2M HILL (www.ch2mhill.com), a global full-service consulting, design, construction, and operations firm, announces two key leadership appointments in the Northeast. With the 2011 acquisitions of Halcrow and Booz Allen Hamilton’s (BAH) State and Local Transit Consulting business…
After nearly three years of development work, BIMCO has released the industry’s first standard pooling agreement for use by tramp pools operating in dry and liquid bulk trades primarily on a COA or spot basis. The Poolcon agreement is…
Seanergy Maritime Holdings sell 'Clipper Grace', a 30,548 dwt Handysize drybulk vessel, built in 2007, at a gross price of US$11.25 million. The vessel was delivered to its new owners on October 15, 2012. The company will use the sale proceeds to reduce debt and for working capital purposes…
Recent decision by three large charterers only to use relatively energy efficient vessels attacked by bulk carrier owner's group Intercargo.Cargill, Huntsman Corporation and UNIPEC UK, who together charter over 350 million tonnes of commodities annually…
Charter rates for capesizes have risen 50 percent from lows in mid-September.Rates have risen because of increasing demand as well as customers having to pay more to persuade shipowners to take their vessels out of lay-up, reports Bloomberg…
Intercargo the trade Association representing the interests of the bulk shipping industry, has announced the appointment of Mr John Platsidakis as Chairman. Mr Platsidakis is currently Managing Director of Piraeus-based Anangel Maritime Services Inc…
Daiichi Chuo K.K. may cancel ship orders, pare its fleet & sell new stock after getting emergency financing from shareholder Mitsui O.S.K. Lines Ltd.To help weather a slump in dry-bulk rates the company is in talks about canceling or delaying…