Bulk Carriers News

 

Baltic Index Snaps 14-day Winning Streak

Mar 21, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, snapped a 14-session winning streak on Tuesday as rates for larger vessels fell.The overall index, which factors in rates for capesize…

O’Hollaren Named Port of Portland Marine Marketing Director

Mar 21, 2017

The Port of Portland has hired Ken O’Hollaren to lead the Port of Portland’s marine marketing efforts, starting March 20, 2017. O’Hollaren previously served as the executive director of the Port of Longview and the Port of Port Angeles,…

Bahri Opens Office in Houston

Mar 21, 2017

Bahri has opened its second North American office in Houston, home to one of the country’s largest breakbulk and general cargo ports. The new location is Bahri’s second in North America, following Bahri Logistics (America), which has been operating out of Bahri’s U…

Double-digit Cargo Growth at Georgia Ports

Mar 20, 2017

The Georgia Ports Authority saw its busiest February ever for total cargo, moving 2.94 million tons across all docks last month - a 10 percent increase over February 2016, and second only to January's 3.01 million tons. Container tonnage was a leading factor in the growth…

GE Shipping Buys New Vessel

Mar 18, 2017

The Great Eastern Shipping Company Limited (G E Shipping) signed a contract to buy a Supramax Dry Bulk Carrier of about 52,450 dwt.  The 2006 built vessel is expected to join the Company’s fleet in Q1 FY18. The Company’s current fleet stands at 43 vessels…

Strong Capesize Rates Keep Baltic Index at over 3-month High

Mar 17, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to a fresh over three-month peak on Friday as capezise rates rallied. The overall index, which factors in rates for capesize, panamax…

Baltic Index Hits Over 3-month Peak on Capesize Rally

Mar 16, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to an over three-month high on Thursday, buoyed by a surge in capesize vessel activity. The overall index, which factors in rates for capesize…

Fleet Management Selects Inmarsat's Fleet Xpress

Mar 15, 2017

Inmarsat’s Fleet Xpress, which delivers maritime connectivity, has been specified by Hong Kong-based Fleet Management Limited, one of global shipping’s largest independent third-party ship managers. Fleet Management Limited (FML), which…

Lassen, Anderson Join OSM Board

Mar 14, 2017

Jens Lassen, former head of Carnival Maritime and Donald Anderson, former CEO of V. Ships Group, have joined OSM Maritime Group as members of the board. “Jens Lassen has extensive experience from the maritime industry and ship management in particular…

Baltic Index Up for Ninth Straight Session

Mar 13, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for a ninth straight session on Monday, helped by stronger capesize rates.The overall index, which also factors in rates for panamax…

Vinalines, Vinacomin Sign MoU

Mar 11, 2017

Vietnam National Shipping Lines (Vinalines) and Vietnam National Coal - Mineral Industries Group (Vinacomin - TKV) signed a memorandum of understanding (MoU) for a strategic co-operation agreement, Viet Nam News reported. As per the agreement…

THE Alliance Draws Up Financial Plans

Mar 09, 2017

The members of THE Alliance announced a contingency plan in the event a member of THE Alliance suffers a bankruptcy.  The five member lines Hapag Lloyd, K Line, Mitsui OSK Lines, Nippon Yusen Kaisha and Yang Ming will establish an independent…

Dry Bulk Fleet Grows as Supply Surges -BIMCO

Mar 09, 2017

As the dry bulk fleet grew by 2.6 percent year on year in January 2017 it exceeded 800 million DWT. This was due to dry bulk demolition being half of what is was in January 2016, while total dry bulk deliveries reached its highest level since January 2013…

Baltic Index Ends Higher for 6th Straight Session

Mar 08, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, ended higher for its sixth straight session on Wednesday, boosted by stronger rates across all vessel segments. The overall index, which also factors in rates for panamax…

Star Bulk Awarded USCG Qualship 21 for 30 Vessels

Mar 08, 2017

The U.S. Coast Guard (USCG) has awarded Qualship 21 status to 30 bulk carriers owned and operated by Star Bulk Carriers Corp., the largest U.S. listed dry bulk operator. The Qualship 21 program rewards high quality ships sailing under qualifying flags…

Logistics News

Mitsui E&S Receives Vietnamese Order for 22 Container Cranes

Mitsui E&S Receives Vietnamese Order for 22 Container Cranes

Panama Maritime Authority to Cancel Registrations of 17 US-Sanctioned Ships

Panama Maritime Authority to Cancel Registrations of 17 US-Sanctioned Ships

Ports Urge Congress to Reverse Infrastructure Funding Cuts

Ports Urge Congress to Reverse Infrastructure Funding Cuts

US Commerce Disorganization Stalls Thousands of Export Approvals

US Commerce Disorganization Stalls Thousands of Export Approvals

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