Bulk Carriers News

 

Brazil's Parana ports face unusually busy fertilizer import season

Apr 19, 2022

Ports in one of Brazil's biggest farming states are handling an unusual amount of fertilizer after importers rushed to secure supplies amid fears that sanctions on Belarus and Russia would curtail trade, the Parana port authority said.Brazilian…

Ukraine Says Grain on Ships in Blocked Black Sea Ports May Deteriorate

Apr 17, 2022

Around 1.25 million tonnes of grains and oilseeds are still on commercial vessels blocked in Ukrainian seaports due to Russia's invasion and part of the cargo may deteriorate in the near future, Ukraine's farm minister was quoted as saying on Friday…

AD Ports' SAFEEN Feeders in Trade, Shipping Deal with Saif Powertech

Apr 15, 2022

AD Ports Group's feeder service, SAFEEN Feeders, has signed a long-term trade facilitation and shipping agreement with Saif Powertec Limited, a listed firm in Bangladesh that is active in ports, logistics, civil engineering, and power sectors…

Cofco Wins 25-year Concession for New Brazil Port Terminal

Mar 30, 2022

Cofco International said on Wednesday it had won a 25-year concession for an agriculture bulk terminal at Brazil's Port of Santos, expanding its footprint in the world's top soybean exporter.The STS11 terminal will be fully operational in 2026…

St. Lawrence Seaway Kicks Off 2022 Navigation Season

Mar 23, 2022

The St. Lawrence Seaway kicked off its 2022 navigation season on Tuesday, with international freighters able to arrive at the Montreal – Lake Ontario section of the binational St. Lawrence Seaway.“We’re thrilled to start the 2022 navigation season…

Ukraine Could Lose $6 Billion in Grain Exports with Ports Blocked

Mar 22, 2022

Ukraine faces a possible grain revenue loss of $6 billion as the blockade of its ports by Russian forces prevents it from selling millions of tonnes of wheat and corn that had been earmarked for export by June, a senior industry official said…

Russian Coal, Crude, LNG Exports Slipping as Self-sanctioning Starts

Mar 15, 2022

The voluntary shunning of Russian commodities by Western buyers, or self-sanctioning, was expected to start hitting exports of crude oil, liquefied natural gas (LNG) and coal from April, but there are already signs that flows are weakening.Russia's…

Port of Toronto Imports Up 4%

Feb 24, 2022

Imports of cement, steel, sugar and salt moving through the Port of Toronto and directly into the heart of Canada's largest city in 2021 surpassed 2.2 million metric tonnes for the 5th consecutive year. Bypassing trade gateways disrupted by the pandemic…

Ukraine Shuts Ports as Conflict Threatens Grain Supplies

Feb 24, 2022

Ukraine's military has suspended commercial shipping at its ports after Russian forces invaded the country, an adviser to the Ukrainian president's chief of staff said, stoking fear of supply disruption from the leading grain and oilseeds exporters…

ADM Sets Record for Single Soybean Shipment from Northern Brazil

Feb 22, 2022

U.S. grains merchant Archer-Daniels-Midland Co said on Tuesday it has carried out the largest soybean shipment in the history of the Ponta da Montanha Grain Terminal (TGPM), located in the northern Brazilian city of Barcarena, as it shipped 84…

Nova Marine Carriers acquires 39,000 DWT Bulk Carrier Pair

Feb 22, 2022

Nova Marina Carriers, the Lugano based shipping company (controlled by the Romeo and Bolfo/Gozzi families), confirmed the purchase of two new 39,000 dwt bulk carriers, presently owned by the Swire China Navigation group in Hong Kong. These new vessels are due to be delivered to the company shortly…

Argentina Grains Inspectors Start Strike; 'No Impact' at Ports

Feb 21, 2022

Argentina's grains inspectors began a 24-hour strike on Monday demanding bonus payments, but port activity and shipments of farm products were not affected in the South American country, the top global exporter of processed soybeans.Juan Carlos Peralta…

Lukashenko Expects Russia to Build a Port for Belarus Potash Exports

Feb 18, 2022

Belarus President Alexander Lukashenko expects Russia to build a new Baltic Sea port for exports of Belarusian potash which were hit by Western sanctions, he said on Friday after he met Russian President Vladimir Putin.The two leaders met as…

Benchmark Dalian Iron Ore Futures Plunge

Feb 11, 2022

Chinese iron ore futures dived more than 8% late on Friday after the country's regulators and industry association issued warnings against recent unusual price moves of the key steelmaking ingredient.Earlier on Friday, the National Development and Reform Commission (NDRC)…

Eagle Bulk CEO Gary Vogel Named CMA Commodore

Jan 20, 2022

Gary Vogel, chief executive officer of Eagle Bulk Shipping Inc., has been named as the Connecticut Maritime Association (CMA) Commodore for the year 2022.The 2022 Commodore Award, given each year to a person in the international maritime industry…

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World's First Hydrogen Fuel Cell RTG Commences Operation

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Southern Dredging Wins St. Marys Dredging Job

Maintenance Insights: Davits

Maintenance Insights: Davits

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