Hong Kong flagged bulk carrier Five Stars Fujian has been banned from Australian ports for 12 months once it was discovered that the vessel lacked sufficient provisions for its intended voyage and the crew had not been paid in several months…
Shipments of limestone on the Great Lakes totaled 3,365,999 tons in August, a decrease of 13.5 percent compared to a year ago, according to the Lake Carriers’ Association (LCA). August’s loadings were also 8 percent below the month’s five-year average…
The dry bulk commodity imports into and exports out of China we have seen in the first half of 2016 are very positive – and nothing short of extraordinary. But, putting it into perspective, compared to the devastating freight rate levels over the same period…
U.S.-flag Great Lakes freighters (lakers) moved 9.85 million tons of cargo in July, a decrease of 9.5 percent compared to a year ago, the Lake Carriers’ Association (LCA) reports. The July float was also 9 percent below the month’s five-year average…
Hamburg-based ship management company E.R. Schiffahrt is expanding its strategic partnerships with international clients and shipping lines. For Nippon Yusen Kaisha (NYK) – one of the largest shipping companies in the world with nearly 800 vessels…
Fednav Limited announced that effective September 10, Paul Pathy will assume responsibility as the sole Chief Executive Officer of Fednav Limited and of Fednav International Ltd (FIL).Since 2010, Paul and Mark Pathy have successfully led Fednav Limited as co-CEOs…
In contrast to an international downturn, French port Marseille Fos has reported exceptional results for July with 7.8 million metric tons of cargo and 387,000 passengers – up by 18.6 percent and 13 percent respectively on the same month last year…
The Q4 bounce – a seasonal staple of the dry bulk markets – looks likely for Capesize and Panamax segments, but the effects may be limited. Independent research and consultancy firm Maritime Strategies International (MSI) is forecasting a fourth quarter bounce in dry bulk market earnings…
Kawasaki Kisen Kaisha, Ltd. (“K” Line) has received recognition from the port authorities of both Long Beach and Los Angeles, for recording high level of compliance throughout 2015 with voluntary speed reduction by “K” Line’s containerships…
Three Turkish Coast Guard personnel were killed on Wednesday after their vessel collided with a bulk carrier in the Bosphorus strait, forcing officials to temporarily suspend traffic in the busy shipping lane. Their vessel capsized after colliding with the Tolunay…
First-half seaborne cargo throughput of 70.2 million tons reflected stabilization of the trend for the Port of Hamburg. At the same time, a steep increase occurred in freight transport by rail to/from the Port of Hamburg. At 70.2 million tons…
Intermarine, LLC, a leader in the transport of project, breakbulk and heavylift cargo, has named Samir Ferguen as Chartering Manager – Europe. Ferguen rejoins Intermarine from Nordana. He will be based in Naestved, Denmark. In his new role…
Dry bulk shipping company Golden Ocean Group Limited has appointed Thomas Semino to take up the newly created position of Chief Commercial Officer. Semino will be based in Singapore and will start as CCO no later than November 1, 2016. Semino is currently the Head of Dry Freight in Vitol S…
Following the announcement in April regarding changes to the corporate management team, Golden Ocean Group Limited announced the appointment of Mr Thomas Semino as Chief Commercial Officer (CCO). Mr Semino is currently the Head of Dry Freight in Vitol S…
Singapore Exchange Ltd (SGX) is readying a formal offer to buy London's Baltic Exchange following months of discussions that culminated in exclusive talks between both parties, sources familiar with the matter said on Tuesday. Founded in 1744…
