Bulk Carriers News

 

POLB Solicits Proposals For Zero-Emissions Technology

Jul 28, 2017

The Port of Long Beach, in partnership with the Port of Los Angeles, has released a request for proposals seeking demonstrations of technologies to upgrade tugboats, crew boats, barges and other harbor craft to cleaner engines. Harbor craft…

Golden Ocean Adds Golden Keen

Jul 20, 2017

Golden Ocean Group (GOGL) has announce that it has taken delivery of the last vessel, Q Keen (to be renamed Golden Keen), hence all 16 vessels are now delivered.  Golden Ocean has issued 1,050,000 consideration shares to Quintana Shipping Ltd…

Shipping Perks up at Port of Little Rock

Jul 19, 2017

June saw a return to strong activity at the Port of Little Rock. Logistic Services Inc. (LSI), the Port’s stevedore, handled 42 barges with over 64,000 net tons of cargo during the month.  The main dock was busier as LSI worked 25 barges with over 37…

US Iron Ore Boosts St. Lawrence Seaway Shipping

Jul 19, 2017

With strong increases in iron ore and other cargo, total tonnage shipped via the St. Lawrence Seaway is up 20 percent over last year. The St. Lawrence Seaway Management Corporation reports that cargo shipments from March 20 to June 30 totaled…

June US-flag Great Lakes Shipping Unchanged from 2016

Jul 19, 2017

U.S.-flag Great Lakes freighters (lakers) moved 9.7 million tons of cargo on the Great Lakes in June, a virtual repeat of a year ago, according to the Lake Carriers’ Association (LCA).  However, this June’s shipments were down 3.6 percent from the month’s long-term average…

Baltic Index Gains for Seventh Straight Session

Jul 19, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for seventh session in a row on Wednesday supported by stronger demand for larger vessels. The overall index, which factors in rates for capesize…

Egypt Agricultural Exports Rise 12% in 2017

Jul 19, 2017

Egypt's agricultural exports rose 12.1 percent during the first half of 2017, reaching 3.5 million tonnes compared to 3.1 million last year, agriculture ministry spokesman Hamid Abdel Dayim said on Wednesday. Egypt's agricultural exporters…

New Bulk Terminal Opens at Port of Indiana

Jul 19, 2017

Executives from the Ports of Indiana and Metro Ports celebrated the grand opening of a new bulk terminal facility at the Port of Indiana-Burns Harbor. Metro Ports is now managing the loading and unloading of shipments along the port's East…

GOGL Adds Dry Bulk Vessel

Jul 17, 2017

Golden Ocean Group (GOGL) says that it has taken delivery of one dry bulk vessel, Q Deb. 'GOGL announced that it has entered into agreements to acquire 16 modern dry bulk vessels in an all-share transaction where the Company will issue in aggregate 17…

TCM Gearing Up for Panamax Ships

Jul 13, 2017

The recent dredging to the Port of Maputo, Mozambique, access channel, early this year, from -11 to 14.3 meters served as an enabler to other infrastructure projects, some already taking place at the Port.  According to a press release…

Egypt to Halt Flour Subsidy, Slash Wheat Imports

Jul 12, 2017

Egypt, the world's largest wheat buyer, will stop subsidising flour for its sweeping bread subsidy programme next month in a move expected to cut wheat imports by up to 10 percent by curtailing smuggling, the supply ministry said on Wednesday…

Baltic Index Rises on Higher Rates across All Segments

Jul 12, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Wednesday, helped by higher rates across all vessel segments. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels…

Baltic Index Snaps Eight-session Losing Streak

Jul 11, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Tuesday to snap an eight-day losing streak, boosted by improved rates across all vessel segments.The overall index, which factors in rates for capesize…

Great Lakes Limestone Trade Slides in June

Jul 10, 2017

Shipments of limestone on the Great Lakes totaled 3,455,019 tons in June, a decrease of 7.3 percent compared to a year ago, the Lake Carriers’ Association (LCA) reported. June’s loadings were also 8.9 percent below the month’s five-year average…

ABP Humber and RBT Join ABTO Membership

Jul 10, 2017

ABP Humber has joined the Association of Bulk Terminal Operators (ABTO) as a full member, in what marks a significant milestone for the newly formed trade association.Associated British Ports’ terminals in Hull, Grimsby, Goole and Immingham…

Logistics News

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

PIL Celebrates Singapore's Independence Anniversary

PIL Celebrates Singapore's Independence Anniversary

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