Bulk Carriers News

 

US Grain Shipments Through Great Lakes-Seaway Up 39%

Jun 22, 2022

U.S. grain shipments via the Great Lakes-Seaway system totaled 312,000 metric tons from March 22 to May 31, up 39% compared to the same period in 2021. Much of the increase is due to exports of corn and soybeans out of the Port of Toledo and…

WA's McGowan Announces $78 Million for Lumsden Point Development

Jun 22, 2022

As part of the 2022-23 State Budget, the McGowan Government will allocate $78 million towards the Lumsden Point development to grow capacity at the Port of Port Hedland.Lumsden Point will facilitate the export of battery metals such as lithium and copper concentrates…

Russia, Turkey to Pursue Talks on Ukraine Grain Exports

Jun 22, 2022

Russia and Turkey agreed to pursue talks on a potential safe sea corridor in the Black Sea to export grain from Ukraine after discussions in Moscow, the Russian and Turkish defense ministries said on Wednesday.In a statement, Turkey's defense ministry said a Turkish dry cargo vessel…

Shipbuilding: Methanol-powered Bulk Carrier for Proman Stena Bulk

Jun 20, 2022

Proman Stena Bulk, a joint venture (JV) between methanol producer Proman and Stena Bulk, confirmed that the first methanol-powered newbuild vessel under its partnership has been delivered and is preparing for commercial operation.Stena Pro Patria is named in honor of Dennis Patrick…

Russia Says It Is Assisting Exports of Ukrainian Foodstuffs via Azov Sea

Jun 16, 2022

Russia said on Thursday it was facilitating the export of grain and oilseeds from Ukraine through Russian-held transit points on the Azov Sea, without explaining who was providing the foodstuffs for export.Ukraine, like Russia one of the world's biggest exporters of grains and oilseeds…

Great Lakes-Seaway Cargo Rose 7% in 2021

Jun 16, 2022

Great Lakes-St. Lawrence Seaway ships carried an estimated 149 million metric tons of cargo to and from domestic ports, and to overseas markets during the 2021 shipping season — an increase of 7% over pandemic-stricken 2020, a new report from the Chamber of Marine Commerce shows…

Lloyd's Register Issues AIP for for 210-dwt Bulk Carrier with Rotor Sails

Jun 15, 2022

Lloyd’s Register granted Approval in Principle (AIP) for an SDARI (Shanghai Merchant Ship Design and Research Institute) designed 210,000 DWT Newcastlemax bulk carrier installed with Anemoi Rotor Sails.The Newcastlemax AIP is part of a joint…

Berge Bulk, Kongsberg Maritime Ink MoU on Decarb Tech

Jun 07, 2022

Kongsberg Maritime (KM) and dry bulk owner Berge Bulk signed memorandum of understanding to jointly develop and advance the deployment of decarbonization technologies onboard dry bulk cargo vessels.Berge Bulk aims to be carbon-neutral by 2025…

Singapore's New Trade Data Sharing Platform Aims to Stem Fraud

Jun 01, 2022

A Singapore trade data sharing platform backed by banks, commodity houses and state firms has signed up 70 participants as part of the city-state's attempts to bolster confidence after a spate of commodity trade finance frauds in recent years…

First Cargo Ship Leaves Mariupol Since Russia Took the City

May 31, 2022

A ship has left the Ukrainian port of Mariupol for the first time since Russia took the city and is headed east to Russia with a load of metal, the Russian-backed separatist leader of the Ukrainian breakaway region of Donetsk said on Tuesday…

Black Sea Ports Still the Best Way to Get Ukraine's Grain Moving Fast

May 26, 2022

Ukraine is desperately trying to export its vast stores of grain by road, river and rail to help avert a global food crisis but has no chance of hitting its targets unless Russia's blockade of its Black Sea ports is lifted, a government official said…

Opening Ukraine's Black Sea Ports Would Need Review of Sanctions on Russia, Moscow Says

May 19, 2022

Moscow said on Thursday that sanctions on Russia would have to be reviewed if it were to heed a U.N. appeal to open access to Ukraine's Black Sea ports so that grain could be exported, according to an Interfax news agency report. Read full storyUkraine…

Romanian Port Races Against Clock to Move Ukrainian Grain to Global Markets

May 13, 2022

Pressed into emergency service by the blockade of Ukraine's seaports by Russian invaders, neighboring Romania is racing against time to move Ukrainian grain to global markets before the next harvest triggers bottlenecks.Ukraine, the world's fourth largest grain exporter…

Two Grain Ships Ships Stuck in Tunisian Ports

May 13, 2022

Two grain ships have been stuck in the port of Sfax in Tunisia since last month due to non-payment of dues, a union official told Reuters on Thursday.Adel Marzouk, the official in the union of Grain Office, added that two other ships have been waiting since the beginning of this month as well…

EU Moves to Help Ukraine Export Grain as Russia Blocks Sea Routes

May 12, 2022

The European Commission said on Thursday it would work with EU governments to help Ukraine export millions of tonnes of grain stuck in the country because the Russian navy is blocking Ukrainian ports.Ukraine was the world’s fourth-largest grain exporter in the 2020/21 season…

Logistics News

Trump Says No Rush for Iran Deal, US Blockade Stays

Trump Says No Rush for Iran Deal, US Blockade Stays

CMA CGM Q1 Resilient, but Shipping Margins Tighten Amid Geopolitical Turbulence

CMA CGM Q1 Resilient, but Shipping Margins Tighten Amid Geopolitical Turbulence

EU Temporarily Suspends Fertilizer Duties Amidst Hormuz Crisis

EU Temporarily Suspends Fertilizer Duties Amidst Hormuz Crisis

Syria, CMA CGM to Operate Two Dry Ports

Syria, CMA CGM to Operate Two Dry Ports

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Sources say that Trafigura will withdraw LME copper stocks ahead of the US tariff ruling
State media reports that Syria has signed a deal with CMA CGM for the operation of two dry ports.
Carney emphasizes importance of Alberta following separation vote announcement