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Bulk Carriers News

 

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…

Australia Cuts Resources Export Revenue Forecast on Iron Ore Outlook

Jul 06, 2017

Australia has revised down the value of its resources and energy export earnings in the year to end-June 2017 by 4.6 percent, or nearly A$10 billion ($7.6 billion), due largely to falling prices for iron ore, its most valuable export.The…

US Trade Deficit Narrows as Exports Hit Two-year High

Jul 06, 2017

The U.S. trade deficit fell in May as exports increased to their highest level in just over two years, but trade could still weigh on economic growth in the second quarter. The Commerce Department said on Thursday the trade gap decreased 2…

The Port of Corpus Christi: Energy Port of the Americas

Jul 05, 2017

The Port of Corpus Christi lives up to its moniker ‘Energy Port of the Americas,’ as the movement of energy in and out dominates the port’s history and future. John P. LaRue, Executive Director, Port Corpus Christi recently visited Maritime…

Asia Maritime Pacific Implements Onboard Training Solution

Jul 05, 2017

Asia Maritime Pacific implements learning solutions from Seagull Maritime fleetwide.Asia Maritime Pacific (AMP) is an Asia-based dry bulk shipping company, specializing in offering personalised solutions and reliable, innovative solutions to its customers…

Yangzijiang Bags Newbuild Orders Worth $133 Mln

Jul 04, 2017

China’s Yangzijiang Shipbuilding has won six shipbuilding contracts worth a total of $133m during the second quarter of this year, Business Times reported. Three of these orders for 1,800 TEU (twenty-foot equivalent unit) containerships…

Ships Collide in the Dover Strait

Jul 01, 2017

The UK Coastguard report that a bulk carrier and an oil tanker collided in the Dover Strait. Although both vessels have been damaged, there is no water ingress and no pollution. A French tug is on scene with the vessels. There are no injuries and all of the crew are accounted for…

d’Amico Chooses Sealink Premium Plus VSAT

Jun 29, 2017

Telemar and Marlink to bundle VSAT, L-Band and XChange Universal Remote Access to improve on board IT network support  Italian ship owner and long-term Telemar customer d’Amico Group has selected Marlink’s Sealink Premium Plus VSAT service…

LNG Marine Fuel Institute Launched in Canberra

Jun 29, 2017

Port Hedland Mayor, Camilo Blanco, and the Town of Port Hedland’s CEO, David Pentz, attended the launch of the LNG Marine Fuel Institute at Parliament House, Canberra on Wednesday, June 21. The Institute, which was opened by The Honorable Josh Frydenberg MP…

Logistics News

Port of Oakland: Exports Continue to Outperform Imports

Port of Oakland: Exports Continue to Outperform Imports

Aker Solutions Wins FEED Contract for Lithuania CO₂ Terminal

Aker Solutions Wins FEED Contract for Lithuania CO₂ Terminal

Argentina Grain Exports Rise From Strong Harvest

Argentina Grain Exports Rise From Strong Harvest

Tanker Bound for Cuba with Fuel Cargo Diverts to Trinidad

Tanker Bound for Cuba with Fuel Cargo Diverts to Trinidad

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