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Bulk Carriers News

 

US Great Lakes Ports See Mixed Impacts from COVID-19

Jul 16, 2020

U.S. Great Lakes ports reported mixed results in June with aluminum, road salt and grain shipments holding strong despite the coronavirus pandemic, while shipments of commodities related to steel production and manufacturing have continued to slide…

Baltic Index Falls as Lower Vessel Rates Bite

Jul 15, 2020

The Baltic Exchange's main sea freight index fell on Wednesday, weighed by capesize rates hitting their lowest level in nearly a month and lower earnings at the panamax segment.The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize…

Baltic Index Slides on Lower Capesize Rates

Jul 14, 2020

The Baltic Exchange's main sea freight index fell on Tuesday weighed by falling rates for capesize vessels, while the panamax segment was flat following eight straight sessions of gains.The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize…

Vancouver's G3 Grain Terminal Opens

Jul 13, 2020

A newly built grain export terminal has opened for business at the Port of Vancouver on Canada’s West Coast, Canadian grain company G3 announced.G3 Terminal Vancouver is a a British Columbia limited partnership between G3 Global Holdings (a…

Baltic Index Snaps Streak of 7 Consecutive Weekly Gains

Jul 10, 2020

The Baltic Exchange's main sea freight index was unchanged on Friday, as gains in panamax and supramax vessel rates offset losses in capesize rates, although it was set for its first weekly decline in eight.The Baltic dry index, which tracks…

Baltic Index Snaps 4-week Winning Streak

Jul 08, 2020

The Baltic Exchange's main sea freight index inched down on Tuesday, snapping a 27-session winning streak, as capesize vessel rates fell for the second straight session and offset gains in panamax and supramax segments.The Baltic dry index,…

Baltic Index Posts 7th Straight Weekly Gain

Jul 03, 2020

The Baltic Exchange's main sea freight index rose to register a seventh straight weekly gain on Friday, as demand gained steam across all vessel segments.The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize…

Baltic Index Up for 24th Session

Jul 01, 2020

The Baltic Exchange’s main sea freight index rose for the 24th straight session on Wednesday, helped by a modest increase in capesize and supramax rates.The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize…

Brazil on a Grain Exporting Spree

Jul 01, 2020

Brazil is expected to export 11.9 million tonnes of soybeans in June, a 37% rise from the same month last year, as Chinese demand remains strong and ports operate normally amid the COVID-19 pandemic, industry group Anec said on Tuesday.Exports of corn from Brazil are seen at 774…

Baltic Index Sees Best Month on Record

Jun 30, 2020

The Baltic Exchange's main sea freight index edged higher on Tuesday, helped by gains in supramax and panamax vessel rates, and marked its best month on record.The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize…

Baltic Index Up for Sixth Straight Week

Jun 26, 2020

The Baltic Exchange's main sea freight index edged higher on Friday, helped by an uptick in rates for capesize and panamax vessels, and posted a sixth consecutive weekly gain.The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize…

Baltic Index Up for 20th Session on Stronger Vessel Demand

Jun 25, 2020

The Baltic Exchange's main sea freight index extended gains for a 20th straight session on Thursday, on firmer rates across all vessel segments.The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize…

Berge Bulk Digitalizes Its Procurement

Jun 24, 2020

A dry bulk shipping company looking to enhance efficiency, cut costs and create complete procurement transparency has turned to digital procurement through Ligimatic's SERTICA fleet management system.Singapore-based Berge Bulk, which controls a fleet of 70 vessels…

Baltic Index Hits Over 7-month High on Increasing Vessel Activity

Jun 23, 2020

The Baltic Exchange's main sea freight index touched its highest level in more than seven months on Tuesday, as rates across all vessel segments rose on increasing trading activity.The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize…

Iranian Ship Reaches Venezuela with Cargo of Food

Jun 22, 2020

An Iranian ship was approaching the Venezuelan port of La Guaira on Sunday with a cargo of food that will supply the South American nation’s first Iranian supermarket, according to Refinitiv Eikon and Iran’s embassy in Venezuela.Iran supplied 1…

Logistics News

Port Tampa Bay Welcomes Container Vessel with Largest Carrying Capacity

Port Tampa Bay Welcomes Container Vessel with Largest Carrying Capacity

Shipping Traffic Near Antwerp Slowed Due to Oil Spill

Shipping Traffic Near Antwerp Slowed Due to Oil Spill

India Allows Four Iranian Oil Tankers to Berth

India Allows Four Iranian Oil Tankers to Berth

Oil Spill Forces Partial Shipping Halt at Port of Antwerp

Oil Spill Forces Partial Shipping Halt at Port of Antwerp

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