The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Friday as rates for the capesize vessel segment hit their highest in about six weeks.The overall index, which factors in rates for capesize…
Vietnam could recall an order that goes into effect on Nov. 1 that requires companies to re-export wheat cargoes containing cirsium arvense seeds, known as Canada thistle, the government said on Wednesday.Vietnam, whose main wheat suppliers include Russia…
Dry bulk shipping company Scorpio Bulkers Inc. announced Tuesday that it has entered time charter-out agreements for seven of its Ultramax vessels and four of its Kamsarmax vessels. Daily rates range between $14,500 and $16,500.VesselTypeEarliest…
McInnis Cement’s new terminal in the Bronx, N.Y. is the first new industrial maritime project built on the South Bronx waterfront in more than half a century.The newly constructed 100,000-square-foot, 24/7 operational terminal has been built…
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Monday, helped by strong demand for capesize vessels.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels…
Belgian port Antwerp said that throughput continues to register growth in the port. After record semi-annual figures, the total throughput after nine months stands at 177,026,550 tonnes – a sharp 6% increase compared with the same period last year…
The Port of Corpus Christi set a new tonnage record of 79.3 million tons in the first nine months of 2018, surpassing the previous record of 77.9 million tons set in the first nine months of 2015. The number also eclipsed the same period in 2017 by 4 million tons…
U.S.-flag Great Lakes freighters (lakers) moved 9.26 million tons of cargo in September, a decrease of 8.3 percent compared to a year ago, the Lake Carriers’ Association (LCA) reported. The September float was also 6.6 percent below the month’s five-year average…
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…
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…
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 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…
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…
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…
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…