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Bulk Carriers News

 

Dalian Iron Ore Futures Jump on Strong Demand Hopes

Aug 03, 2021

Benchmark iron ore futures in China rose more than 3% on Tuesday, after five straight sessions of declines fuelled by speculations of a relaxation in steel output controls.'Affected by the notice of rectifying campaign-style carbon reduction efforts…

Baltic Dry Index Eases on Capesize, Panamax Slide

Aug 02, 2021

The Baltic Exchange's main sea freight index dipped on Monday on losses in the large and medium-sized vessel segments.The index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, inched 10 points lower…

Ports of New Orleans, Caddo-Bossier Work Together to Move Cargo on the Mississippi

Jul 22, 2021

The Port of New Orleans (Port NOLA) discharged 300 steel coils on June 10, 2021, to barge at Coastal Cargo breakbulk and heavy-lift terminal at the Louisiana Ave. Complex that were transported to the barge from the SK Shipping Star Challenger…

Low River Water Levels Choke Argentine's Ag Exports

Jul 15, 2021

Ships leaving the Argentine agricultural ports hub of Rosario on the Parana River are having to reduce cargos by thousands of tonnes due to low water levels, the local head of logistics said on Wednesday, amid growing environmental concerns…

Ivory Coast's Cocoa Bean Stocks Pile Up as Port Deliveries and Exports Slow

Jul 15, 2021

Deliveries of cocoa beans to Ivory Coast's two main ports have slowed in recent weeks as an energy crisis hit industries in the world's top cocoa-growing nation, exporters and cocoa cooperative officials said on Thursday.A lack of shipping containers…

Parched Argentine River Cuts Into Grains Exports

Jul 15, 2021

Ships leaving the Argentine agricultural ports hub of Rosario on the Parana River are having to reduce cargos by thousands of tonnes due to low water levels, the local head of logistics said on Wednesday, amid growing environmental concerns…

Chinese Regulators Eye Irregularities in Spot Iron Ore Trading

Jun 21, 2021

China's state planner, the National Development and Reform Commission (NDRC), said on Monday it and the market regulator are jointly looking into the iron ore spot market and have pledged to crack down on hoarding and speculation.The move comes…

Baltic Dry Index Snaps Seven-session Winning Streak

Jun 18, 2021

The Baltic Exchange's main sea freight index snapped a seven-session winning streak on Friday as capesize rates declined, but was up for the second straight week.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels…

Diamond Bulk Taps Inmarsat's Fleet Data Premium Solution

Jun 17, 2021

Inmarsat's Fleet Data provides data acquisition, processing, uploading, and interface links between engine and Nautilus Labs’ fleet optimization solution so that Mitsubishi Ore Transport and Diamond Bulk Carriers reap rewards of big data without hardware expense…

If EURO2020 was Decided by Shipping-related Factors, Who Would Win?

Jun 10, 2021

The European Football Championship is on the verge –and kicking off on Friday June 11. Therefore, BIMCO’s shipping number of the week had to be football-infused today. Adding extra topping to this sporting feast is the fact that the 2021 Copa America starts at the same time…

Baltic Dry Index Slides for 10th Straight Session

Jun 08, 2021

The Baltic exchange's main sea freight index slipped for the 10th straight session on Tuesday, pressured by a decline in capesize rates.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities…

China's Imports Grow at Fastest Pace in a Decade

Jun 07, 2021

China's imports grew at their fastest pace in 10 years in May, fueled by surging demand for raw materials, although export growth slowed more than expected amid disruptions caused by COVID-19 cases at the country's major southern ports.While…

US Corn Exports On the Rise -BIMCO

Jun 03, 2021

Many agricultural trades have been exceptionally strong in 2021, and several grain types have experienced record high exports, says shipping industry organization BIMCO. U.S. corn exports are no exception, reaching a record high of 49.1 million…

Great Lakes Limestone Trade Up 4.8% in May

Jun 03, 2021

Shipments of limestone on the Great Lakes totaled 3.7 million tons in May, an increase of 4.8% compared to a year ago, reports trade group the Lake Carriers’ Association (LCA).While the month’s totals were up year over year, May’s loadings were below the month’s five-year average by 2…

Argentine Port Workers Hold Another 48-hour Strike

May 26, 2021

Argentine port workers said on Tuesday they would hold a 48-hour strike starting at midnight (0300 GMT Wednesday), after paralyzing agricultural exports from the country last week with an initial work stoppage over demands they be vaccinated against COVID-19…

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From Experience to Insight: Klaveness Facilitates Shipping’s Digital Move

From Experience to Insight: Klaveness Facilitates Shipping’s Digital Move

CK Hutchison's Panama Unit Files Arbitration Against Maersk

CK Hutchison's Panama Unit Files Arbitration Against Maersk

Corrina Ott Named Vice President of the Greater Houston Port Bureau

Corrina Ott Named Vice President of the Greater Houston Port Bureau

Green Tech: Rise of the [Hull Clening] Robots

Green Tech: Rise of the [Hull Clening] Robots

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