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Bulk Carriers News

 

APM Terminals Pipavav Welcomed Inaugural Container Train Service

Mar 27, 2017

APM Terminals, Pipavav received the inaugural container train from Rail Container Terminal [RCT], Vadodara carrying Glass Materials, Syringes, Led Bulb, flexible intermediate bulk container [FIBC] Jumbo bags, Plastic Articles for export. Operated by Container Corporation of India [CONOCR]…

Baltic Index Rises to Over 4-month High

Mar 24, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, closed at its highest level in more than four months, helped by stronger rates across all vessel segments. The overall index, which factors in rates for capesize…

Baltic Index Inches Up on Firmer Panamax Rates

Mar 23, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, edged up on Thursday as panamax rates increased.The overall index, which also factors in rates for capesize, supramax and handysize vessels…

Optimistic Ports Outlook for 2017 Great Lakes-Seaway Season

Mar 22, 2017

While the first-half of 2016 was tough for many due to global economic conditions, a strong fourth quarter has spurred optimism as the 2017 shipping season gets underway with this week’s opening of the Great Lakes – St. Lawrence Seaway system…

Indonesia Port Graft Investigation Disrupts Coal Exports

Mar 22, 2017

Indonesia is cracking down on corruption and widespread graft at some of its top coal export hubs, disrupting shipments to destinations across Asia. Indonesia is the world's top exporter of thermal coal, still the main feedstock for global power generation…

Shipping Confidence Steady despite Industry, Political Pressures

Mar 21, 2017

Shipping confidence held steady in the three months to end-February 2017, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens.  In February 2017, the average confidence level expressed by respondents was 5…

St. Lawrence Seaway Navigation Season Open

Mar 21, 2017

The U.S. Saint Lawrence Seaway Development Corporation (SLSDC) and the Canadian St. Lawrence Seaway Management Corporation have jointly marked the opening of the Seaway’s 59th navigation season. The official opening ceremony of the binational waterway took place on March 20 at the St…

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…

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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