Bulk Carriers News

 

Marubeni Taps 'Suction Sails' for Bulk Carrier

Nov 10, 2022

MMSL PTE. LTD., a wholly owned subsidiary of Marubeni Corporation based in Singapore signed an agreement with bound4blue to install four suction sails on the Crimson Kingdom, making it the first wind-assisted vessel owned by Marubeni. According to the preliminary studies…

Trucker Blockades in Brazil Could Hit Ag Exports

Oct 31, 2022

Roadblocks in at least 12 Brazilian states by truckers who support outgoing President Jair Bolsonaro could affect agricultural exports in one of the world's top food producers, according to the head of a key state farm lobby.Bolsonaro lost Sunday's…

Limestone, Cement Continue to Lead the Way for the Port of Green Bay

Oct 14, 2022

The month of September saw 190,083 tons of cargo shipped through the Port of Green Bay, bringing the total cargo shipments to 1.3 million tons for the 2022 shipping season. Limestone and cement were again the top cargos moving through the port in September…

Transnet Strike Costing Miners $44 Million a Day

Oct 13, 2022

South African miners are losing 815 million rand ($44 million) in export revenue per day due to an ongoing strike at state-owned logistics firm Transnet which has hit commodity exports, an industry body said on Thursday.Transnet's freight rail…

“Welcome to a Dying Industry (1988)”

Oct 12, 2022

While pundits have long proclaimed the U.S. maritime industry dying or dead, the recent delivery of Great Lakes laker Mark W. Barker suggests an innovative future instead.Jacksonville Shipyard was a well-known repair yard that was particularly…

US Gulf Grain Exports Slowed by Low Mississippi River

Oct 11, 2022

U.S. crop exports at Louisiana Gulf Coast terminals were at their lowest level in nine years for the first week of October, a period when export shipments typically accelerate, according to U.S. Department of Agriculture (USDA) data issued on Tuesday…

Ukraine Grain Backlog Prompts UN Call for Faster Ship Checks

Oct 11, 2022

With nearly 100 grain-laden ships reaching towards the horizon off Istanbul, the U.N. official overseeing exports from Ukraine is asking Russia and other parties to end 'full-blown' inspections of outgoing vessels to ease the backlog.Ukraine has exported more than 6…

Russia Says West Not Honoring Terms of Ukraine Grain Deal

Sep 06, 2022

Russia's Foreign Minister Sergei Lavrov said on Tuesday that the West was not honoring its promise to help Russian food and fertilizer exports reach global markets, raising potential questions about Russia's commitment to a landmark grain deal struck with Ukraine…

Russia Attacks Grain Silos at Ukraine's Mykolaiv Port

Aug 31, 2022

Grain silos in Ukraine's second biggest port, Mykolaiv, were hit by Russian shelling of the city on Tuesday, causing a fire that was still burning on Wednesday, Ukraine's emergencies service said.'As a result of the shelling of Mykolaiv, grain…

Oldendorff Inks Deal for BOSS Voyage Optimization Suite

Aug 22, 2022

German bulk carrier company Oldendorff Carriers -- which operates about 700 ships globally -- and Blue Water signed a contract to implement Blue Water’s BOSS Voyage Optimization Suite for Oldendorff’s cape and baby cape fleet of owned and time chartered vessels…

UN Chief Seeks 'Spirit of Compromise' Over Ukraine Grain Initiative

Aug 18, 2022

U.N. Secretary-General Antonio Guterres urged Russia and Ukraine on Thursday to show a 'spirit of compromise' to ensure the continued success of a U.N. brokered deal that enabled Ukraine to resume grain exports from its Black Sea ports.Guterres…

Great Lakes Iron Ore Trade Down in July

Aug 18, 2022

Shipments of iron ore on the Great Lakes totaled 5.3 million tons in July, a decrease of 6.8% compared to a year ago, according to trade group the Lake Carriers’ Association (LCA). Shipments were also 6.3% below the month’s 5-year average, LCA said…

Russia, Ukraine Agree to Protect Ukraine Grain Shipping Channel

Aug 09, 2022

Ships exporting Ukraine grain through the Black Sea will be protected by a 10 nautical mile buffer zone, according to long-awaited procedures agreed by Russia, Ukraine, Turkey and the United Nations on Monday and seen by Reuters.The United Nations…

Shipping Arrangements Into Ukraine Still Not Ready

Aug 02, 2022

Key arrangements including procedures for ships still need to be worked out before empty vessels can come in and pick up cargoes from Ukraine using the new grains corridor, a senior London marine insurance market official said on Monday.Turkey…

Obstacles to Overcome Before Ukraine Grain Deal Eases Global Food Crisis

Aug 01, 2022

The first ship carrying Ukrainian grain through the Black Sea since Russia invaded Ukraine more than five months ago left Odesa on Monday under a safe passage agreement that has raised hopes hundreds of other vessels will follow.But there are…

Logistics News

Suez Canal Revenues Rise as Red Sea Tensions Ease

Suez Canal Revenues Rise as Red Sea Tensions Ease

Egypt's Suez Canal Revenues Rise 14% as Red Sea Tensions Ease

Egypt's Suez Canal Revenues Rise 14% as Red Sea Tensions Ease

Port of Oakland Sets Renewable, Zero-Carbon Power Record in 2024, Secures Clean Energy Storage Agreement

Port of Oakland Sets Renewable, Zero-Carbon Power Record in 2024, Secures Clean Energy Storage Agreement

DFDS to Sell Freight Ferry for Fleet Optimization

DFDS to Sell Freight Ferry for Fleet Optimization

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