China Rongsheng Heavy Industries delivers a seventh 380,000 DWT class Very Large Ore Carrier (VLOC) to Vale.The new VLOC, christened Vale Shandong has been received by Vale S.A . As of 7 December 2012, China Rongsheng Heavy Industries has delivered a total of seven VLOCs…
Shipping software company AXSMarine has announced the release of AXSTanker 3.1, an enhanced version of its AXSTanker product. New options will enable Tanker brokers to access AIS and Fixtures information.AXSTanker 3.1 is optimized to produce a great user experience…
COSCO (Guangdong) Shipyard Co., Ltd a subsidiary of COSCO (Singapore) delivers a Handy-size bulk ship COSCO Shipyard Group has delivered the bulk carrier Marine Princess of 35000 dwt to an Asian buyer.The delivery documents have been signed by and between COSCO Guangdong and the purchaser…
Tampa Bay, Florida, port receives cargo of Brazilian corn to offset draught-stricken US production shortfalls.The 620-foot-long M/V King Fraser docks at Port Manatee to discharge more than 52,000 tons of Brazilian-produced corn to be used for animal feed…
The Fednav Group presented with the IBJ award as Bulk Ship Operator of the Year in Hamburg, Germany.This award highlights Fednav's contribution to maritime trade, as well as its leadership in the implementation of higher industry operating standards including efficiency…
Due to continuous delays in the construction and delivery of two Kamsarmax bulkers, Ultrabulk cancels.The bulkships were originally to be built at Zhoushan Jinhaiwan Shipyard Co. Ltd., China, but the yard failed to finish the construction within agreed contractual delivery terms…
U.S. Army Corps of Engineers, U.S. Coast Guard, Barge Industry and Shipping Industry Representatives Hold Press Conference to Address Ongoing Mississippi River Navigation Concerns Due to Continued Drought and Low Water Conditions. Representatives of the barge and shipping industries…
Bulk carrier owners & charterers Safe Bulkers, Inc. reports results for the third quarter and the first nine months of 2012, pays reduced dividend.Extract from Q3 2012 results Net revenue for the third quarter of 2012 increased by 10…
The Port of Hamburg’s overall results for the first nine months characterized by export growth and an import downturn.In the first nine months of 2012 the Port of Hamburg achieved total throughput of 98.1 million tons (down 0.8 percent)…
Euroseas Ltd. owner & operator of drybulk and container carriers publish financial reports period ending 30, September 2012Third Quarter 2012 Highlights: -Net loss of $0.8 million or $0.02 net loss per share basic and diluted on total net revenues of $13…
A decline in demand for freight transportation leads IBISWorld to update its market report on US Ocean & Coastal Transportation.The transportation sector provides deep-sea, coastal, Great Lakes and St. Lawrence Seaway water transportation…
The Shipping Corporation of India Ltd. (SCI) accepts bulk carrier 'Vishva Vijay' from STX Shipbuilding, Dalian, China.The vessel is the third in a series of four Panamax bulk carriers ordered by SCI from STX (Dalian) Shipbuilding Co. Ltd…
'RTM Cook', built at Hanjin Heavy Industries in Subic Bay, Philippines, first of eight new RTM bulkers to fly the Red Ensign.Rio Tinto Marine provides services to the Rio Tinto Group to ensure that maximum efficiency is achieved in all of their mine-to-market supply chains…
The 47, 500 dwt bulk carrier 'You Hao 1' delivered by China Shipping Industry (Jiangsu) Co., Ltd. (CICJS).The bulk carrier for Shanghai Friendship Shipping was the first to be built by this shipbuilder and was delivered at the No.1 outfitting quay of CIC Changxing shipyard…
Steve Demeroutis and Rudy Leming Take on New Roles Crowley Maritime Corporation has announced that Steve Demeroutis will now assume the role of vice president, marine operations, for the company’s petroleum and chemical transportation group…