Bulk Carriers News

 

Argentina Grains Inspectors Start Strike; 'No Impact' at Ports

Feb 21, 2022

Argentina's grains inspectors began a 24-hour strike on Monday demanding bonus payments, but port activity and shipments of farm products were not affected in the South American country, the top global exporter of processed soybeans.Juan Carlos Peralta…

Lukashenko Expects Russia to Build a Port for Belarus Potash Exports

Feb 18, 2022

Belarus President Alexander Lukashenko expects Russia to build a new Baltic Sea port for exports of Belarusian potash which were hit by Western sanctions, he said on Friday after he met Russian President Vladimir Putin.The two leaders met as…

Benchmark Dalian Iron Ore Futures Plunge

Feb 11, 2022

Chinese iron ore futures dived more than 8% late on Friday after the country's regulators and industry association issued warnings against recent unusual price moves of the key steelmaking ingredient.Earlier on Friday, the National Development and Reform Commission (NDRC)…

Eagle Bulk CEO Gary Vogel Named CMA Commodore

Jan 20, 2022

Gary Vogel, chief executive officer of Eagle Bulk Shipping Inc., has been named as the Connecticut Maritime Association (CMA) Commodore for the year 2022.The 2022 Commodore Award, given each year to a person in the international maritime industry…

Global Seaborne Coal Trade Up Nearly 6% in 2021

Jan 14, 2022

Global seaborne coal trade rose by 5.7% last year, driven by rising demand from steelmakers for coking coal and its products as economies began to recover from the coronavirus crisis, Germany's VDKi coal importers lobby group said.Imports and exports of hard coal across the globe stood at 1…

Great Lakes Limestone Trade Up 11% in 2021

Jan 12, 2022

Shipments of limestone on the Great Lakes totaled 29.5 million tons in 2021, an increase of 11% compared to 2020, according to trade group the Lake Carriers’ Association (LCA). 2021’s loadings were also 4.8% above the trade’s five-year average…

Simpson Spence Young Opens Athens Office

Jan 11, 2022

Shipbroker Simpson Spence Young (SSY) on Tuesday announced it has opened a new office in Athens, Greece.The new office, which is based in Glyfada, is being managed by SSY Dry Cargo broker Nicholas Vamvakaris and currently includes teams from the dry cargo division who focus on Cape…

Dry Bulk: Heavy Rains Disrupt Shipping in Southeast Brazil

Jan 11, 2022

Heavy rainfall in southeastern Brazil has prompted miners including Vale SA to suspend some operations, they said on Monday, after downpours caused deadly floods in the northeast and threatened to delay harvests in the midwest.Rainfall is expected…

Indonesia Eases Coal Export Ban

Jan 10, 2022

Indonesia allowed 14 vessels loaded with coal to depart as soon as they secure verifications from mining and transport authorities, a senior minister said on Monday, easing an export ban by the world's top thermal coal exporter.The export suspension on Jan…

China Steel Hopes Drives Iron Ore Demand

Jan 07, 2022

Dalian iron ore rose on Friday and advanced nearly 6% this week as traders returned from New Year holidays feeling optimistic about potential demand recovery in top steel producer China.Iron ore's most-active May contract on China's Dalian Commodity Exchange ended daytime trading 1…

Indonesia Coal Crunch Continues, Some Firms Declare Force Majeure

Jan 04, 2022

Indonesia's coal supply situation remains critical, the state utility said, following the country's ban on exports of the fuel that drove up prices in top customer China on Tuesday.Indonesia, the world's top exporter of the coal used in power plants and China's largest overseas supplier…

Port of Oakland Aiming to Expedite Agricultural Exports

Jan 03, 2022

One of America's top seaports is set to launch an interagency effort to provide relief to agricultural exporters who are facing shortages of export capacity and skyrocketing logistics costsThe Port of Oakland announced Monday it is launching…

Indonesian Coal Export Ban Rattles a Sector

Jan 03, 2022

The world's leading exporter of thermal coal on Saturday banned the shipments because of concerns it could not meet its own power demand, prompting President Joko Widodo on Monday to threaten to revoke business permits for any miners who failed to meet domestic market requirements…

Chinese Uncertainties Continues to Weigh on Iron Ore Futures

Dec 30, 2021

Dalian and Singapore iron ore futures rebounded on Thursday after three days of losses, but worries over demand for the steelmaking ingredient in top steel producer China kept benchmark prices near their two-week lows hit the day before.The…

India's Adani Nears First Coal Load from Controversial Australian Mine

Dec 29, 2021

India's Adani Group is preparing to ship the first coal cargo from Australia's most controversial mine, after battling a seven-year campaign by climate activists and defying a global push away from fossil fuels.The Carmichael mine in outback…

Logistics News

Crewed Up, Not Crew Cut: How ARC Is Rethinking Retention at Sea

Crewed Up, Not Crew Cut: How ARC Is Rethinking Retention at Sea

IMO: Stick to Your [Sustainability] Guns

IMO: Stick to Your [Sustainability] Guns

PortXchange Wins Award for EmissionInsider Port Decarbonization Platform

PortXchange Wins Award for EmissionInsider Port Decarbonization Platform

François Michel Appointed Chief Executive Officer of the GTT Group

François Michel Appointed Chief Executive Officer of the GTT Group

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USDOT declares energy emergency in Northeast US because of propane shortage
Wisconsin Judge faces trial for stopping courtroom detention of migrant during Trump crackdown
The Louvre Museum in France has closed due to a rolling strike by workers