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…
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…
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…
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…
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…
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 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…
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…
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…
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…
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…
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…
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…
As the average length of the journey increases, partly due to port congestions in China, soaking up capacity and pushing up spot rates, shipowners will likely be enjoying high freight rates until the end of the year.Iron ore spot freight rates from Western Australia…
The Baltic Exchange's main dry bulk sea freight index extended its rally on Tuesday, rising about 5% to its highest in 13 years, steered by strong gains in capesize rates, and helped by demand for smaller vessels.The overall index, which factors in rates for capesize…
