Bulk Carriers News


Egypt's Delayed Russian Wheat Shipment Begins Loading

Dec 08, 2024

The first shipment from Egypt’s purchase of 430,000 metric tons of Russian wheat began loading on Saturday, following a nearly three-month delay, three sources with direct knowledge of the matter told Reuters.The shipment, consisting of 63,000 tons…

Brazil Grain Barges Return as Amazon Drought Eases

Nov 27, 2024

Transportation of soybeans and corn on barges along the Brazilian Amazon's Tapajos River, which had been suspended in early October due to dry weather, resumed at 50% capacity this week, operators said on Wednesday.Shipping began again on that waterway…

Big Bulk Ship Rates Drop, again

Nov 27, 2024

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to a near three-week low on Wednesday, pulled down by weaker capesize and panamax vessel rates.The index, which factors in rates for capesize…

170 Arrested in Coal Ship Blockade

Nov 24, 2024

A climate change protest off the coast of Australia's New South Wales State forced an inbound ship to turn back from the country's largest terminal for coal exports on Sunday, the port operator said.New South Wales police said 170 protesters…

Alcoa Suspends Bauxite Liftings Juruti

Nov 07, 2024

U.S. aluminium maker Alcoa AA.N said on Thursday it had halted bauxite shipments from Brazil's Juruti port due to a stranded vessel in the waterway.This was the latest in a series of disruptions to hit the aluminium raw material supply chain…

Commodities Weigh Trump Win, Tariff Threats

Nov 07, 2024

Commodities reacted with trepidation to the election of Donald Trump to a second term as U.S. President, with most losing ground over fears the global economy will be hit by a new tariff war.The downbeat reaction was in stark contrast to U.S…

Great Lakes Iron Ore Trade Falls in October

Nov 06, 2024

Shipments of iron ore on the Great Lakes totaled 4.5 million tons in October, a decrease of 12.3 percent compared to a year ago. Shipments were 10.1 percent below the month’s 5-year average.Year-to-date the iron ore trade stands at 41 million tons…

Lakes Limestone Trade Down in October

Nov 05, 2024

Shipments of limestone on the Great Lakes totaled 3.3 million tons in October, a decrease of 13.1 percent compared to a year ago. Limestone cargos were also below the month’s 5-year average by 9.6 percent.The Lake Carriers' Association, the U…

Vancouver Port Employers to Lock out Workers

Nov 04, 2024

The BC Maritime Employers Association said it would lock out workers on Monday at Canada's Port of Vancouver after a negotiating deadline passed, potentially disrupting exports of coal, potash and beef.The association, which includes private-sector waterfront employers…

US Exporters Race to Ship Soybeans as Looming Election Stokes Tariff Worries

Oct 22, 2024

U.S. soybean export premiums are at their highest in 14 months, as grain merchants race to ship out a record-large U.S. harvest ahead of the U.S. presidential election and fears of renewed trade tensions with top importer China, traders and analysts said…

Ukraine Asks IMO to Monitor Odesa Ports Amid Russian Attacks

Oct 17, 2024

Ukraine has asked the International Maritime Organization to send a monitoring mission to ports in the southern Odesa region amid intensified Russian attacks, Foreign Minister Andrii Sybiha said on Wednesday.In recent weeks, Russian troops have…

Jet Fuel, up 11%, Powers Tanker Market

Oct 16, 2024

“During the first nine months of 2024, seaborne shipments of jet fuel increased 11% over 2023,' said Niels Rasmussen, Chief Shipping Analyst at BIMCO. 'Shipments were equivalent to 461 million barrels or 1.7 million barrels per day (mbpd). At the same time…

Six Die in Russian Attack on Odesa

Oct 10, 2024

A Russian ballistic missile attack on Wednesday on the port infrastructure of Ukraine's southern Odesa region killed six people and injured eight, Odesa Regional Governor Oleh Kiper said.The injured were all Ukrainian nationals, Kiper wrote on the Telegram messaging app…

Great Lakes Limestone Trade Up 9.4%

Oct 04, 2024

Shipments of limestone on the Great Lakes totaled 3.8 million tons in September, an increase of 9.4% compared to a year ago, according to latest figures from trade group the Lake Carriers’ Association (LCA). Limestone cargos were also above the month’s 5-year average by 4…

Great Lakes Iron Ore Trade Dips 1.9%

Oct 03, 2024

Shipments of iron ore from U.S. ports on the Great Lakes totaled 5.5 million tons in September, a decrease of 1.9% compared to a year ago, according to latest figures from industry trade group the Lake Carriers’ Association (LCA). Shipments were above the month’s 5-year average by 6…

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