Golden Ocean Group agrees to buy two 'resale' ice class Panamax vessel built at India's Pipavav Defence & Offshore Engineering Company.The company will take delivery of the vessels ex yard, the first vessel at the start of June and the second vessel during second half of 2013…
COSCO Corporation (Singapore) subsidiariary shipbuilder in China has delivered two bulk carriers.COSCO (Zhoushan) Shipyard has delivered the 189.99 meters LOA and 32.26 meters in breadth, 57,000 dwt Handymax bulker Ocean Lady to its unnamed European owner…
UK P&I Club, Lloyd's Register and Intercargo have produced a pocket guide & checklist for ship's officer and agents who arrange cargoes for loading.The P&I Club explains that when bulk cargoes shift, liquefy, catch fire or explode as a consequence of poor loading procedures…
When bulk cargoes shift, liquefy, catch fire or explode as a consequence of poor loading procedures, the consequences can be massive. Ships may capsize, lose stability or sustain severe structural damage. Such happenings enhance the risks and occurrence of death…
During April, 2013 new build prices for capesize, kamsarmax and ultramax vessels rose higher than in the previous month. Purchase prices for ships are often good indicators of financial health in the shipping industry. When shipping demand is expected to grow more than the supply of ships…
The latest batch of orders for Deltamarin's B.Delta design bulk carriers comes from international shipowners, all to be built in China.The B.Delta43 order by the German ship owner HBC Hamburg Bulk Carriers at CSC Qingshan Shipyard and the B…
Singapore’s Berge Bulk to sign a LOI for the constructions with CSSC Guangzhou Longxue Shipbuilding & CSIC Bohai Shipbuilding Heavy Industry.Singapore’s Berge Bulk is planning to place an order for up to eight very large ore carriers (VLOC) at China’s two state-owned shipyards…
Attempts by carriers to tackle the capacity overhang are being undone as new orders for Ultra Large Container Vessels (ULCVs) continue to make the headlines, according to Drewry’s monthly report Sea & Air Shipper Insight.The news that China…
Greek shipowners order construction of iron-ore carriers in the belief that the 5-year charter-rate slump is coming to an end.The companies ordered 12 Capesizes last quarter, the most since the beginning of 2008, according to data from Golden Destiny SA…
Iron ore exports start up at Long Beach: Western U.S. mines supply the raw material for shipment to Asia.Officials gathered dockside to celebrate the exporting of iron ore from the Port of Long Beach – a promising new line of business developed by SA Recycling…
Japan's Imabari Shipbuilding Co., Ltd. introduce a new class of 33,000 dwt bulk carrier designated 'IS' TRI-STAR.The shipbuilders say that its share of the handy-size bulk carrier market is ranked among the highest in the world. Since 2010…
CIC Lixin Shipyard has named and delivered the 'MV Yangtze Oasis' to New Yangtze Navigation (Hong Kong) Co., Ltd.The new type of 34,000 dwt bulk carrier is the first to be built for these owners by CIC Lixin Shipyard.MV Yangtze Oasis is of 179…
The Coast Guard is responding to a report of a barge explosion on the ship channel in Mobile Bay Wednesday. Coast Guard Sector Mobile watchstanders received the initial notification at 8:40 p.m. reporting the barge explosion between the…
Rand Logistics, Inc. announced that John Binion, most recently the Chief Operating Officer and Executive Vice President of United Maritime Group, has been appointed to Rand's Board of Directors. Rand also announced that Michael Lundin, who has…
COSCO Corporation (Singapore) say a bulk carrier has been delivered from each of its two subsidiary shipyards in China.The two deliveries are as follows:1. COSCO (Zhoushan) Shipyard Co., Ltd has delivered a bulk carrier of 57,000 dwt, “OCEAN LOVE”…
