Bulk Carriers News

 

Diana Shipping TC Contract for Crystalia With Glencore

Oct 03, 2017

Diana Shipping  announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Glencore Agriculture B.V., Rotterdam, for one of its Ice Class Panamax dry bulk vessels, the m/v Crystalia.  The gross charter rate is US$11…

Interlake Steamship Joins Green Marine

Oct 02, 2017

The Interlake Steamship Company has become the first U.S. Great Lakes ship owner to join Green Marine, a voluntary environmental certification program for the maritime industry in North America. As the largest privately held U.S.-flagged fleet on the Great Lakes…

NORDEN to Ship Road Salt from Chile to US

Sep 27, 2017

NORDEN has entered into a 10-year contract effective 2020-2029 for the transportation of 4-5 million metric tons of road salt to be loaded in Caleta Patillos 1,400 kilometers north of the Chilean capital Santiago and discharged primarily on…

2,000th Neopanamax Transits Expanded Panama Canal

Sep 27, 2017

Yesterday, the Panama Canal welcomed its 2,000th Neopanamax vessel through the waterway, demonstrating the route’s continued impact on maritime trade and the industry’s confidence in the safe, reliable and efficient service the Canal provides…

WSS Rolls Out New Cargo Hold Cleaning Equipment

Sep 27, 2017

Wilhelmsen Ships Service (WSS) will launch its new line of cargo hold cleaning equipment at maritime exhibition INMEX India. The new high pressure lance and add-on heating system are tailor made for cleaning difficult to reach areas of the hold…

Navios Takes Delivery of Three Bulkers

Sep 26, 2017

Navios Maritime Partners, an international owner and operator of container and dry bulk vessels, announced today the delivery of three dry bulk vessels into its fleet. The Navios Symphony, a 2010-Chinese-built Capesize vessel of 178,132 dwt…

Great Lakes/Seaway Iron Ore Trade Rises in August

Sep 25, 2017

Shipments of iron ore on the Great Lakes and St. Lawrence Seaway totaled 6.7 million tons in August, an increase of 10.1 percent compared to a year ago, according to latest figures from the Lake Carriers’ Association (LCA). Shipments also bettered the month’s five-year average by 6…

China Launches World's Largest Bulk Carrier

Sep 24, 2017

China launched world's largest bulk carrier 'Ore Tianjin' in the port city Qingdao, east China's Shandong Province, reported China Daily. The mammoth ore ship, built by the Wuhan subordinate of China Shipbuilding Industry Corporation (CSIC)…

Baltic Index Hits More Than 3-year High on Strong Capesize Rates

Sep 22, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to its highest in three-and-a-half years on Friday, boosted by strong capesize rates.The overall index, which factors in rates for capesize…

Baltic Index Extends Gaining Streak

Sep 21, 2017

Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for a sixth consecutive session, helped by stronger rates for capesize and smaller vessels.The overall index, which factors in rates for capesize…

Diana Enters TC Contract with Unico Logistics

Sep 18, 2017

Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Unico Logistics, Seoul, for one of its Panamax dry bulk vessels…

Global BCOs Hit by Rising Contract Rates from Asia

Sep 18, 2017

Contract freight rates paid by Beneficial Cargo Owners to move their products by container have increased for a 4th consecutive quarter, according to actual contract rate data from the Drewry Benchmarking Club. Average contract rates on…

Superior Industries Appoints O’Hearn as Territory Manager

Sep 18, 2017

Superior Industries Inc., a U.S. based manufacturer and global supplier of bulk material processing and handling systems, has hired Terry O’Hearn as its new conveyor components territory manager for the southcentral United States. O’Hearn…

Australia Bans Bulker for Underpaying Crew

Sep 18, 2017

A Panama flagged bulk carrier, DL Carnation, has been banned from entering Australian ports for a period of 12 months after authorities uncovered a scheme which saw the vessel’s crew being intentionally underpaid. The Australian Maritime…

More Cars Shipped Via The Port Of Gothenburg

Sep 15, 2017

During the first quarter of the year, new car exports and imports passing through the Port of Gothenburg rose by 12 per cent compared with the first quarter of 2016.  The Port of Gothenburg became the number one vehicle handling port in Scandinavia…

Logistics News

Algorithm Accountability

Algorithm Accountability

Tough Transshipment Penalties Not Expected Immediately Despite US Tariffs

Tough Transshipment Penalties Not Expected Immediately Despite US Tariffs

Maersk Raises Full-Year Profit Forecast

Maersk Raises Full-Year Profit Forecast

World’s First Green Ammonia Bunkering Operation Completed in Dalian

World’s First Green Ammonia Bunkering Operation Completed in Dalian

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