U.S. soybean supplies as of Dec. 1 were the biggest on record as demand for the oilseed fizzled amid a trade war between the United States and China, the U.S. Agriculture Department said on Friday.USDA also trimmed its forecast of the U.S. soybean crop harvested last fall to 4…
Following an almost total halt in exports of soya beans to China in the last quarter of 2018, the new year has brought new hopes for American farmers and the dry bulk shipping sector. The USDA reported that in the first four weeks of 2019 754…
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Phaethon International Company AG, for one of its Panamax dry bulk vessels, the m/v Danae.The global shipping company…
Cargo liquefaction continues to be a major risk for dry bulk shipping.INTERCARGO welcomes the latest amendment to the International Maritime Solid Bulk Cargoes Code (IMSBC 04-17) which entered into force on 1st January 2019 and includes important updates related to cargoes that may liquefy…
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Uniper Global Commodities SE, Düsseldorf, for one of its Post-Panamax dry bulk vessels, the m/v Amphitrite, for a period of minimum 14 months to maximum 17 months…
Following the Port Reform Agreement that was signed on December 2018 - Haifa Port Company, the operator of all current terminals in Haifa Port, reports a total throughput of 26,264,000 metric tons and 1,464,000 TEUs in 2018, and it continues…
U.S.-flag Great Lakes freighters carried 8.5 million tons of cargo in December, an increase of 17.5 percent compared to a year ago. Driving the surge was a 16-percent increase in iron ore cargos. Limestone and coal cargos also registered increases…
German shipping group Hamburg Süd announced that it is selling its bulk shipping business to Singapore’s China Navigation Company (CNCo), part of the Swire Group, as it focusses on its liner business with its two container shipping brands, Hamburg Süd and Aliança…
Oldendorff has sold the three remaining self-unloaders still operating in the CSL Pool: Sophie Oldendorff (70,037 tdw built 2000), Harmen Oldendorff (66,188 tdw built 2005) & Alice Oldendorff (50,259 tdw built 2000) for US$100.5 million to Algoma…
World coal seaborne trade grew 3.7 percent last year helped by higher output in India, Indonesia and Russia, Germany's VDKI coal importers lobby said on Friday.Imports and exports rose to 1.202 billion tonnes from 1.159 billion tonnes in 2017…
Chamber of Marine Commerce President Bruce Burrows has unveiled a 2019 wish list for legislative and policymakers designed to make Great Lakes-St. Lawrence and coastal shipping more competitive and build on the remarkable growth of the 2018 season…
The Port of Singapore maintained a stable performance in 2018. Container throughput grew by 8.7 per cent to 36.6 million twenty-foot equivalent units (TEUs), and total cargo throughput remained stable at 630 million tonnes.Singapore also retained its position as the world’s leading bunkering port…
Norwegean shipping company Grieg Star and investment management firm Maas Capital have established a joint venture for ownership of Supramax and Ultramax vessels.The new company is named GriegMaas AS, said the ship owner, manager and operator for over 40 open hatch and conventional bulk vessels…
Australia's largest live animal exporter, Wellard, is closely watching reports that Turkey has halted imports of live cattle.Turkey last week unexpectedly revealed that it has halted imports of live feeder cattle from all countries.Wellard informed…
Star Bulk Carriers Corp., a global shipping company focusing on the transportation of dry bulk cargoes, announced that, pursuant to the Company’s previously announced share repurchase program, the Company purchased today 25,000 of its common…