Mitsui O.S.K. Lines (MOL) announced that on August 31, the MOL-operated car carrier Swan Ace (capacity: 6,400 standard passenger cars) called at the Port of Kisarazu in Chiba Prefecture and loaded 800 used vehicles. It was the first call…
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, touched a near 5-month high on Thursday, driven by stronger demand across vessel segments.The overall index, which factors in rates for capesize…
Dust explosion incidents are immediate releases of small particles (i.e. chemicals, metal dusts) in large volumes. Such incidents can have devastating effects both in terms of harm to people and the facilities involved. DNV GL and Gexcon have…
Eagle Bulk Shipping, one of the world’s largest owner-operators in the Supramax/Ultramax segment, announced that it has taken delivery of the M/V Westport Eagle, the ninth and final Crown-63 Ultramax dry bulk vessel acquired from Greenship Bulk Trust…
U.S. carrier Matson, Inc. said it has inaugurated service to the port of Naha, Okinawa as part of its expedited China-Long Beach Express (CLX) service. Having received all necessary permits and clearances, the new weekly service made its first call at Naha on September 2…
The Baltic Exchange's main sea freight index, which tracks rates of ships carrying dry bulk commodities, posted its best day in nearly three weeks on Tuesday, helped by higher rates for all vessel types. The index, which factors in rates for capesize…
Pioneer Marine, a global dry bulk handy size transportation service provider, announced today changes in its Senior Management Team. Torben Janholt, who has served as Board Member of the Company since 2013, has been named as the new CEO of…
Chinese companies signed commitments on Friday to finance and build railways and ports that will help Brazil export iron ore and soybeans, the two main commodities it sells to China, during a state visit by Brazilian President Michel Temer. China…
Brazilian soy exports hit an all-time high for the month of August, an industry association said, as many farmers resumed sales after delaying shipments in hopes of securing better prices amid a bumper 2016/17 crop. According to cereals exporter association Anec…
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Wednesday due to weaker demand for larger vessels.The overall index — which factors in rates for capesize, panamax, supramax and handysize shipping vessels — was down 22 points…
A dry cargo vessel broke in two in the Black Sea off Turkey's northwest coast, television images showed early on Sunday, while the 11-man crew was rescued.Mongolian flag carrying Leonardo, a 114-meter-long dry cargo ship, started buckling…
India's Adani Enterprises said on Monday it plans to begin work in October to build the controversial Carmichael coal project in Australia, aiming to make its first shipment in March 2020. The company said accommodation at the Carmichael camp reopened last week…
Canada Steamship Lines welcomed M.V. Ferbec, a 49,502 DWT conventional geared bulk carrier equipped with four cranes and grabs, which is now fully operational in the Gulf of Saint Lawrence. The vessel, which previously operated in CSL’s Australian fleet as CSL Melbourne…
Grindrod, the South Africa-listed freight logistics and shipping services firm, is planning to separate and list its shipping business in order to unlock its value, the company said on Wednesday. Grindrod, which also has a financial services business…
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, slipped for the second straight session on Wednesday, hurt by falling rates for larger vessels.The overall index, which factors in rates for capesize…
