Bulk Carrier News

 

Bangladesh Gets Offers in 50,000 T Wheat Tender

Nov 25, 2024

The lowest offer in an international tender from Bangladesh's state grains buyer to purchase and import 50,000 metric tons of wheat which closed on Monday was assessed at $286.08 a metric ton CIF liner out, European traders said.Offers are still being considered and no purchase has yet been made, traders said.Reports reflect assessments from traders and further estimates of prices and volumes are still possible later…

Lakes November Limestone Trade Down 4.9 PCT

Dec 04, 2024

The Lake Carriers' Association (LCA) on Wednesday reported that shipments of limestone on the Great Lakes totaled nearly 3 million tons in November, a decrease of 4.9 percent compared to a year ago.  Limestone cargos were a mere 8,340 tons below the month’s 5-year average…

Wheat Export Tariffs Likely to Slow Shipments from Russia

Dec 04, 2024

“Between January and November 2024, Russian seaborne dry bulk exports have decreased 5% y/y, driven by a 10% y/y decrease in coal shipments. The price competitiveness of Russian coal has deteriorated, compared to Mongolian, Indonesian and Australian cargoes…

Officer’s Death Highlights Dangers of Vertical Recoil of Mooring Lines

Nov 24, 2024

The UK Marine Accident Investigation Branch has published its investigation report into the mooring deck accident on the bulk carrier Mona Manx that resulted in one death.The incident occurred on August 26, 2021. The second officer (2/O) of…

Key Bulk Vessels Index Down 10% Despite Freight Rate Rebound

Nov 21, 2024

“The Baltic Dry Index (BDI) has recovered since the start of November due to stronger capesize freight rates, but the index is still down 10% y/y. The capesize market has benefited from a 1% increase in shipments so far in November compared to October 2024 and November 2023…

Logistics News

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