Experts believe the dry bulk market is positioned to become profitable by 2019 – but only if a series of sustained measures are taken year on year by the ship owning community as a whole, according to a report recently published by BIMCO. Peter Sand…
The dry bulk shipping industry may not emerge from a protracted downturn for another two years and some smaller firms will be squeezed out, the chairman of France's Louis Dreyfus Armateurs said on Tuesday. The dry bulk sector that transports…
The M/V James R. Barker sailed Sunday from Fincantieri Bay Shipbuilding Company in Sturgeon Bay, Wisc., becoming Interlake Steamship Company’s first 1,000-footer and its second self-unloading bulk carrier to be outfitted with exhaust gas scrubbers…
The U.S. Coast Guard captain of the port, Sault Ste. Marie, Michigan, gave the motor vessel Roger Blough permission Saturday to transit down the St. Marys River to anchorage in Potagannissing Bay in the vicinity of DeTour Village, Michigan.The…
A Coast Guard Air Station Kodiak MH-60 Jayhawk helicopter crew medevaced an ailing mariner off the Matson cargo vessel Maunawili approximately 230 miles south of Cold Bay, Alaska, Thursday. The Jayhawk crew hoisted the 20-year-old man and…
An Op-Ed issued by the Lake Carriers’ Association, American Great Lakes Ports Association and Great Lakes Maritime Task Force addresses the “exaggerations and inaccuracies” surrounding the Vessel Incidental Discharge Act (VIDA), and explains…
Dutch shipbuilder Ferus Smit has delivered the second LNG-powered cement carrier, MV Ireland, to owners JT Cement, a joint venture between Swedish shipping company Erik Thun AB and Norway’s KG Jebsen Cement. MV Ireland, along with sister vessel MV Greenland delivered in December 2015…
Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that it was notified by the New York Stock Exchange (“NYSE”) that the Company has regained compliance with the…
Leading international classification society Bureau Veritas has developed a one-stop- shop mobile application which will allow marine professionals to easily perform daily class and statutory actions through a user-friendly interface. With My VeriSTAR…
The U.S. Coast Guard continues to monitor and respond to the motor vessel Roger Blough, Wednesday, after the vessel ran aground Friday afternoon on Gros Cap Reef in Whitefish Bay in Lake Superior.Plans continue to progress to safely free…
Rickmers-Linie, the Hamburg based liner service specialist for breakbulk, heavy lift and project cargoes takes over the activities of tramp and chartering specialist Nordana Project & Chartering with offices in Copenhagen, Bangkok, Singapore and Houston…
The U.S. Coast Guard continues to monitor and respond to the motor vessel Roger Blough, Tuesday, after the vessel ran aground Friday afternoon on Gros Cap Reef in Whitefish Bay in Lake Superior.Plans continue to progress to safely free the…
The dry bulk market could become profitable again in 2019 – but only if a series of extremely tough and sustained measures are taken by shipowners, year on year. 2016 has to be the turning point in addressing the fundamental imbalance of the dry bulk market…
“Scrapping ships and no new builds is the fastest road to recovery for the dry bulk market”BIMCO President Philippe Louis-Dreyfus comments on BIMCO’s latest market analysis:The dry bulk market could become profitable again in 2019 – but…
Earlier this month, BigLift Shipping’s Happy Dynamic successfully transported two 560 mt Siwertell Continuous Ship Unloaders (CSUs) from Chioggia, Italy, to Liverpool, UK.The CSUs are 35 m high and 24 m wide and, when in service, have a discharge capacity of 1…
