Bulk Carriers News

 

Eagle Bulk Names Tsoutsoplides Chief Strategy Officer

Nov 18, 2021

U.S.-based dry bulk shipping company Eagle Bulk Shipping on Thursday announced ithas appointed Costa Tsoutsoplides to the newly created chief strategy officer position. In this role, Tsoutsoplides will have broad responsibilities in developing…

New Grain Load Record at Port of Thunder Bay

Nov 11, 2021

Canada Steamship Lines (CSL) set a new record at the Viterra terminal in the Port of Thunder Bay yesterday, when it loaded 31,362 metric tonnes of grain on CSL Welland, breaking the previous record of 31,143 metric tonnes. The cargo of wheat will be discharged in Montreal…

Great Lakes Iron Ore, Limestone Trades Rise in October

Nov 09, 2021

Iron ore and limestone shipments rose 32.4% and 8.3% respectively in October, according to the Lake Carriers' Association (LCA). Shipments of iron ore on the Great Lakes totaled 5.5 million tons in October, an increase of 32.4% compared to a year ago…

Port of Green Bay on Pace to Reach Annual Tonnage Target

Nov 09, 2021

With nearly 230,000 tons of cargo shipped through the Port of Green Bay in October, shipments have now reached 1,575,114 tons for 2021. That puts the Port well within reach of its annual target of 2 million tons with 2+ months of shipping remaining in the current shipping season…

Baltic Index Gains as Rates for Larger Vessels Improve

Nov 09, 2021

The Baltic Exchange's dry bulk sea freight index climbed on Tuesday, lifted by firmer rates in the larger capesize and panamax vessel segments.The overall index, which factors in rates for capesize, panamax and supramax vessels, rose by 87 points…

USDA Raises Corn Harvest View, Cuts Soy Production Outlook

Nov 09, 2021

Smaller-than-expected soybean harvests in the major production states of Indiana, Iowa, Kansas and Ohio sparked a surprise cut to the U.S. harvest outlook, the government said on Tuesday.But U.S. corn production will be bigger than previously projected as farmers recorded their biggest yield ever…

Baltic Dry Index Slips to Three-month Low

Nov 01, 2021

The Baltic Exchange's dry bulk sea freight index declined to its lowest in nearly three months on Monday, as rates across its vessel segments weakened.The overall index, which factors in rates for capesize, panamax and supramax vessels, fell by 91 points…

'Containergeddon' Drives Sugar, Rice Shippers Back to Bulk Carriers

Oct 22, 2021

Food traders are switching from containers back to dry bulk vessels to transport refined sugar and rice, hoping to avoid shipping delays caused by container shortages and port congestion that the industry is calling 'containergeddon', according to traders…

Port Houston's Container Surge Continues

Oct 20, 2021

Port Houston recorded its seventh consecutive month of double-digit container volume growth as increased consumer spending continues in the U.S.Container activity for September 2021 was 281,500 TEUs, up 11% compared to the same month last year…

Port of Rotterdam Freight Volumes Rise 15% as Economy Recovers

Oct 19, 2021

Freight volumes in the port of Rotterdam increased 15% on a yearly basis in the third quarter as international trade continued to recover from its COVID-19 slump, Europe's largest sea port said on Tuesday.Trade flows to and from Rotterdam have…

US Soy Exports Picking Up - BIMCO

Oct 14, 2021

After a slow start to the export season, partly due to disruption from Hurricane Ida, U.S. soy bean inspections ahead of exports have jumped to 1.6 million tonnes in the week ending October 7, according to shipping organization BIMCO. This represents a 90…

Lack of Signalman Led to Bulker Crane’s Contact with Grain Facility - NTSB

Oct 13, 2021

The absence of a dedicated signalman likely led to a bulk carrier’s crane striking a grain facility in Convent, La., in 2020, the National Transportation Safety Board (NTSB) found.The contact occurred on November 11, while the bulk vessel GH…

Cargill Loads Soy in Texas After Ida Damages Louisiana Terminal

Oct 11, 2021

The first bulk U.S. soybean cargo from the Texas Gulf Coast in about six months was loaded and shipped last week from a Cargill Inc terminal, in a sign of shifting trade flows in the wake of Hurricane Ida, traders and shipping sources said.The…

Baltic Index Falls, Capesizes Hold Near 13-year High

Oct 11, 2021

The Baltic Exchange's dry bulk sea freight index slipped on Monday, as a decline in capesize rates offset gains in smaller vessel segments, although the main index held close to a 13-year high.The overall index, which factors in rates for capesize…

Great Lakes Limestone Trade Up 10.4% in September

Oct 08, 2021

Shipments of limestone on the Great Lakes totaled 3.7 million tons in September, an increase of 10.4% compared to a year ago, trade group the Lake Carriers’ Association (LCA) reports. Limestone cargos were above the month’s five-year average by 5…

Logistics News

DP World, Asian Terminals Inc. Invest $100M to Boost Capacity at Manila South Harbor

DP World, Asian Terminals Inc. Invest $100M to Boost Capacity at Manila South Harbor

PD Ports Outlines Plans to Develop UK Offshore Wind Hub

PD Ports Outlines Plans to Develop UK Offshore Wind Hub

DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

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