Bulk Carriers News

 

China Grain Imports Plummet 51%

Jan 28, 2025

“In January, grain shipments to China are estimated to fall 51% y/y, partly due to a decline in import demand for soya beans caused by low crusher margins. Although Chinese soya bean production decreased 1% y/y in 2024, inventories are high after a surge in imports in the first half of the year…

Third Straight Weekly Loss for Baltic Index

Jan 24, 2025

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Friday and posted its third straight weekly loss, weighed down by weaker rates across vessel types.The overall index, which factors in rates for capesize…

Baltic index extends fall to 23-month low

Jan 23, 2025

The Baltic Exchange's dry bulk sea freight index .BADI, which tracks rates for ships carrying dry bulk commodities, extended losses to a 23-month low on Thursday, dragged by weaker rates across all vessel segments.The overall index, which factors in rates for capesize…

Vantage Automation v7.2: Next-Level Control for Superior's Cones

Jan 21, 2025

Superior Industries, Inc., a US-based manufacturer and global supplier of bulk material processing and handling systems, announces the release of Vantage Automation version 7.2, the latest evolution of its cone crusher control platform.Designed…

U.S.-Flag 2024 Cargo on Lakes Down 6.3 PCT

Jan 21, 2025

U.S.-flag Great Lakes freighters (lakers) moved 76.3 million tons of cargo in 2024, a decrease of 6.3 percent compared to 2023. The 2024 float was 4.6 percent below the fleet’s 5-year average.Compared to 2023, salt shipments increased by 5.8 percent while sand shipments increased by 15…

Baltic Index Declines to 1-year Low

Jan 21, 2025

The Baltic Exchange's dry bulk sea freight index .BADI, which tracks rates for ships carrying dry bulk commodities, fell for a sixth straight session on Tuesday to an over one-year low as rates weakened across all vessel segments.The overall index…

COSCO Pilots Digital Document Sharing for Dangerous Goods

Jan 20, 2025

Global Shipping Business Network (GSBN), a neutral, not-for-profit consortium enabling paperless, accessible and sustainable global trade, has announced that it has launched a new pilot to enhance the digital sharing of documents and certificates for dangerous and critical cargo transportation…

Charcoal to be Treated as Dangerous Cargo

Jan 19, 2025

In response to a series of devastating fires caused by improperly handled charcoal, shippers should be ready to see carriers phase in new tighter regulations this year, says the World Shipping Council, ahead of mandatory IMO regulations in 2026…

Baltic Index logs second straight weekly drop

Jan 17, 2025

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, hit a one-week low on Friday and marked a second straight weekly fall as rates across all segments weakened.The index, which factors in rates for capesize…

Baltic Index sags again, dragged down by capesize, supramax rates

Jan 16, 2025

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for a third consecutive session on Thursday, hurt by weaker rates across the capesize and supramax segments.The index, which factors in rates for capesize…

Baltic Index dragged lower across all sectors

Jan 15, 2025

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, inched lower for a second consecutive session on Wednesday, dragged down by weaker rates across all vessels.The index .BADI, which factors in rates for capesize…

Baltic Index snaps three-session winning streak

Jan 14, 2025

The Baltic Exchange's dry bulk sea freight index, tracking rates for ships carrying dry bulk commodities, snapped a three-session gaining streak on Tuesday, as rates declined across all vessel segments.The index, which factors in rates for capesize…

Capesize carries Baltic Index to One-month High

Jan 13, 2025

The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, hit more than a one-month high on Monday on the back of higher capesize rates.The index, which factors in rates for capesize, panamax and supramax shipping vessels…

Baltic Index Gains Again on Capesize Strength

Jan 10, 2025

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for a second straight session on Friday, steered by strong gains in the capesize vessel segment.The index, which factors in rates for capesize…

Industry Praise for Outgoing INTERCARGO Chair

Jan 09, 2025

Leading figures across the dry bulk shipping sector have joined in paying tribute to Dimitri Fafalios, who concluded his chairmanship of the International Association of Dry Cargo Shipowners (INTERCARGO) on 31 December 2024 after six years of distinguished leadership…

Logistics News

Panama Canal Launches Concession Process for Natural Gas Pipeline

Panama Canal Launches Concession Process for Natural Gas Pipeline

South Africa's Transnet Agrees Equipment Deal with Liebherr

South Africa's Transnet Agrees Equipment Deal with Liebherr

Port of Long Beach Orders Two Ship-to-Shore Cranes

Port of Long Beach Orders Two Ship-to-Shore Cranes

MELTRIC Introduces the P66 Industrial Plug and Receptacle

MELTRIC Introduces the P66 Industrial Plug and Receptacle

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