Bulk Carriers News


China Coal Imports Fall Sharply

Oct 12, 2018

China's coal imports dropped sharply in August from the month before, customs data showed on Friday, after cooler weather crimped demand from utilities and as a typhoon disrupted supply.Total arrivals last month fell 12 percent from August to the lowest since May at 25…

Singapore Exchange to Launch High-grade Iron Ore Derivatives

Oct 11, 2018

The Singapore Exchange said on Thursday that it will launch new high-grade iron ore derivatives in December, aiming to tap into a growing appetite for higher quality supplies of the steelmaking raw material.China's anti-pollution campaign has…

Russian Watchdog to Check Grain Loading Points

Oct 11, 2018

Russia will inspect grain loading at ports due to complaints from major buyers about falling crop standards, the head of agriculture safety watchdog Rosselkhoznadzor was quoted as saying by the RIA news agency on Thursday.The agriculture safety…

Vietnam Could Halt Certain 'Dangerous' Wheat Imports

Oct 11, 2018

Vietnam might halt imports of wheat cargoes containing cirsium arvense, or thistle seed, while suggesting local importers should seek supplies from Kazakhstan, Australia and Argentina, local media reported on Thursday.Wheat importer Vietnam…

Optimism in Multipurpose Shipping: Drewry

Oct 10, 2018

Surging growth in renewable energy generation around the world and a construction boom in South East Asia that is expected to run for the next 10 years bode well for the once ailing multipurpose shipping fleet.In the latest edition of Drewry’s…

Port Hedland Iron Ore Shipments to China on the Rise

Oct 10, 2018

Iron ore shipments to China from Australia's Port Hedland terminal rose 5.3 percent in September from a month earlier, port data released on Wednesday showed.Iron ore shipments to China from the world's biggest iron ore port totaled 37.4 million tonnes in September…

Cement Carrier Sports Innovative, 'Green' Cargo System

Oct 10, 2018

NACC Alicudi is reported to be the world’s first cement carrier equipped with IMO Tier III compliant diesel engines driving the bulk handling system. Converted in 2017 with a Van Aalst dry bulk handling system, the vessel became a unique and state-of-the-art 120m self-discharging cement carrier…

Star Bulk Carriers Announces $310mln Loan for Vessels, 50 Scrubbers

Oct 09, 2018

Star Bulk Carriers announced that it has entered into a $310 million loan agreement, which includes a $70 million tranche (Green Loan Tranche) that will exclusively finance the procurement and retrofitting of scrubbers for up to approx. 50 vessels in Star Bulk’s fleet…

Great Lakes Iron Ore Trade Down 5%

Oct 09, 2018

Shipments of iron ore from U.S. ports on the Great Lakes totaled 5.9 million tons in September, a decrease of 5 percent compared to a year ago, the Lake Carriers’ Association reported.However, shipments did outpace the month’s five-year average by 4…

Australia Regulator Tells Port of Newcastle to Reduce Charges for Glencore

Oct 08, 2018

Australia's competition regular on Monday said that Port of Newcastle Operations Pty Ltd (PNO) must reduce its charges for ships entering the port to carry coal for global miner Glencore.The Australian Competition and Consumer Commission determined…

Great Lakes Limestone Trade Rises in September

Oct 08, 2018

Shipments of limestone on the Great Lakes totaled 3.6 million tons in September, an increase of 3.7 percent compared to a year ago, the Lake Carriers’ Association (LCA) reported. Limestone cargos also bettered the month’s five-year average by 8 percent…

Baltic Index Dips on Weakened Capesize Rates

Oct 08, 2018

The Baltic Exchange's main sea freight index, tracking rates for ships transporting dry bulk commodities, fell on Monday, hurt by weaker demand for capesize vessels.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels…

Belships to Merge with Lighthouse Group

Oct 05, 2018

Norway-based bulk ship operator Belships has signed a merger plan with the Lighthouse Companies.Belships ASA has announced a merger between certain subsidiaries of Kontrari (the Lighthouse Companies) and one or more subsidiaries of Belships with consideration in Belships shares…

Asia Maritime Pacific Merges with Fenwick Shipping Services

Oct 04, 2018

Asia Maritime Pacific and Fenwick Shipping Services announced Thursday that the two companies have merged their operations.Asia Maritime Pacific is a Handysize and minibulker owner and operator, headquartered in Hong Kong, with a fleet of over 40 modern dry bulk vessels operating worldwide…

Bahri Highlights Growing US Presence

Oct 04, 2018

Highlighting its growing presence in the U.S., global logistics and transportation company Bahri, represented by its Bahri Logistics business unit, participated at Breakbulk Americas 2018 exhibition for the project cargo and breakbulk industry…

Current News

World’s First Green Ammonia Bunkering Operation Completed in Dalian

PIL Celebrates Singapore's Independence Anniversary

US Imposes Additional 25% Tariff on Indian Goods

Russia to Increase Oil Exports After Drone Strikes Shut Refineries

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