Bulk Carriers News


Baltic Index Snaps 4-day Losing Streak

Dec 04, 2018

The Baltic Exchange's main sea freight index, tracking rates for ships transporting dry bulk commodities, marked its first gain in five days on Tuesday, helped by firmer rates across vessel segments.The overall index, which factors in rates for capesize…

Illinois Soybean Growers Encouraged by U.S-China Trade Talks

Dec 03, 2018

Lynn Rohrscheib, Illinois Soybean Growers (ISG) chairwoman and a soybean farmer from Fairmount, Ill., released the following statement in response to U.S. and China announcing continued trade discussions: “As the nation’s top soybean-producing state…

Shanghai Waigaoqiao Shipyard Delivers World's First iVLOC

Nov 29, 2018

The world’s first intelligent very large ore carrier (iVLOC), the DNV GL-classed Pacific Vision, was delivered by Shanghai Waigaoqiao Shipyard to China Merchants Energy Shipping Company.Norway-headquartered international accredited registrar…

Scorpio Bulkers Updates on New TC

Nov 26, 2018

Scorpio Bulkers announced  that it has entered into a time charter-out agreement one of its Ultramax drybulk carriers for a period of between five and seven months.The  provider of marine transportation of dry bulk commodities said that the 64…

Alaska Marine Lines Expands to Arctic Ports

Nov 21, 2018

Alaska marine transportation company Alaska Marine Lines said that it is expanding its service from Seattle and Anchorage to the Arctic Region in 2019.Bowhead Transport will provide the destination services at the North Slope villages of Point Hope…

Diana Shipping Fixes m/v Alcmene with BG Shipping

Nov 21, 2018

Greece-based Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with BG Shipping Co., Limited, Hong Kong, for one of its Post-Panamax dry bulk vessels, the m/v Alcmene.The global…

Stronger Capesize Demand Pushes up Baltic Index

Nov 21, 2018

The Baltic Exchange's main sea freight index, tracking rates for ships ferrying dry bulk commodities, rose on Wednesday, buoyed by higher demand for capesize vessels.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels…

London P&I Club Issues Loss Prevention Guide for Coal Cargoes

Nov 21, 2018

THE London P&I Club has published a loss prevention guide on risks associated with the carriage of coal cargoes, with particular emphasis on gas monitoring and ventilation.The guide, written by Paul Willis, Senior Associate with UK-based forensic…

Star Bulk Carriers Reports Profit for Fourth Consecutive Quarter

Nov 20, 2018

The global shipping company focusing on the transportation of dry bulk cargoes Star Bulk Carriers Corp announced the third quarter ended September 30, 2018 marks the fourth consecutive profitable one.The Marousi, Greece-based company said that…

St. Lawrence Seaway Traffic: A Busy October

Nov 20, 2018

St. Lawrence Seaway shipping had its second busiest month of the season in October, fueled by increases in shipments of grain, salt and construction materials.Overall cargo shipments via the St. Lawrence Seaway (from March 29 to October 31) totaled 30…

Diana Shipping Signs TC for m/v Sideris GS

Nov 19, 2018

Diana Shipping  announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Berge Bulk Shipping Singapore, for one of its Capesize dry bulk vessels, the m/v Sideris GS, for a period until minimum December 15…

LNG Bulk Carrier Viikki Starts Baltic Sea Ops

Nov 18, 2018

The world's most eco-friendly bulk carrier m/s Viikki, owned by ESL Shipping, a subsidiary of the Aspo Plc, has started operating on the Baltic Sea.The 25,600-dwt vessel, 160 metres long and fuelled by liquefied natural gas, produces less than…

Diana Shipping Fixes M/V Thetis with Hudson

Nov 15, 2018

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Hudson Shipping Lines Incorporated for one of its Panamax dry bulk vessels, the m/v Thetis.According to the global shipping…

Baltic Index [Finally] Gains on Higher Capesize Demand

Nov 15, 2018

The Baltic Exchange's main sea freight index, tracking rates for ships transporting dry bulk commodities, snapped its 12-day losing streak on Thursday, powered by a rise in demand for capesize vessels.The overall index, which factors in rates for capesize…

Seanergy Maritime in Leaseback, Refinancing Pact with Cargill

Nov 14, 2018

The dry bulk cargo shipping company Seanergy Maritime Holdings announced has successfully concluded the refinancing of the 2011-built Capesize M/V Championship through a leasing agreement with Cargill International.The Nasdaq listed shipping…

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