Bulk Carriers News

 

Panamax, Supramax Rates Drag Baltic Index

Jul 30, 2019

The Baltic Exchange's main sea freight index fell for a sixth straight session to a more than two-week low on Tuesday following weak demand for panamax and supramax vessels.The Baltic index, which tracks rates for ships ferrying dry bulk commodities…

Baltic Index Dips as Panamax Rates Slide

Jul 29, 2019

The Baltic Exchange's main sea freight index fell to a more than two-week low on Monday, weighed down by weaker rates for panamax vessels.The Baltic index, which tracks rates for ships ferrying dry bulk commodities, fell 0.8%, or 15 points, to 1…

China: U.S. Shipped 'several million tonnes' of Soybeans

Jul 29, 2019

The United States has shipped several million tonnes of soybeans to China since the two country's leaders met in June, Chinese state media said on Sunday, ahead of fresh trade talks in Shanghai this week.Chinese companies have made inquiries about buying U…

CSL, Oldendorff Join Trident Alliance

Jul 26, 2019

The CSL Group and Oldendorff Carriers have joined Trident Alliance, the industry coalition that is calling for the robust and transparent enforcement of environmental regulations, such as IMO 2020.The network of shipping companies and other stakeholders said that as members of The Trident Alliance…

Baltic Index Falls on Sliding Capesize Rates

Jul 24, 2019

The Baltic Exchange's main sea freight index fell for a second straight session on Wednesday to its biggest one-day decline in nearly six months, as rates for capesize vessels fell after a strong run.The Baltic index, which tracks rates for ships ferrying dry bulk commodities…

Baltic Index at 5-1/2-year High on Iron Ore Demand

Jul 18, 2019

The Baltic Exchange's main sea freight index rose on Thursday to its highest since December 2013, driven by demand for vessels shipping iron ore in the Atlantic, pushing capesize and panamax indices to multi-year highs.The Baltic index, which tracks rates for ships ferrying dry bulk commodities…

Diana Shipping Fixes Selina with Ausca

Jul 17, 2019

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Ausca Shipping Limited, Hong Kong, for one of its Panamax dry bulk vessels, the m/v Selina.The global shipping company specializing in the ownership of dry bulk vessels…

Fumigation Doesn't Work for Some Ship Cargoes

Jul 17, 2019

The fumigation of grain cargoes using certain pesticides, namely plant protection products, may not be effective in controlling insect larvae, resulting in cargo damage or loss.Javier Quintero Saavedra, head of HSE at Terminales Marítimos de Galicia (TMGA)…

Two Chinese Ports Halt Coal Imports

Jul 17, 2019

Chinese customs is no longer permitting coal cargoes to enter the country at the ports of Jingtang and Caofeidian, said three coal traders, who were told by customs officials of the halt on Tuesday.Customs officials at the port of Jingtang, one of China's biggest coking coal import points…

Baltic Index at 5-1/2 Year Peak as Capesize Demand Soars

Jul 15, 2019

The Baltic Exchange's main sea freight index hit a five-and-a-half-year high on Monday on the back of strong demand for capesize vessels shipping iron ore.The Baltic index, which tracks rates for ships ferrying dry bulk commodities, rose 3.4%…

2020 Bulkers Fixes 3 Bulkers with Koch

Jul 12, 2019

Norwegian shipowner 2020 Bulkers has reached time charter agreements for three of its newbuildings with Koch Supply & Trading, a subsidiary of Koch Industries.Bulk Sandefjord has secured a new 36 months time-charter at an index-linked rate, reflecting a premium to the Baltic 5TC index…

Navios Containers Appoints Tsironi CFO

Jul 12, 2019

Navios Maritime Containers L.P. (NASDAQ: NMCI) appointed Erifili Tsironi as Chief Financial Officer of Navios Containers. Tsironi previously served as Co-Chief Financial Officer of Navios Maritime Acquisition Corporation since December of 2018…

GAC Denmark Opens in Kalundborg

Jul 08, 2019

GAC Denmark has opened a new branch in Kalundborg to better serve the needs of GAC’s global principals in the liquid bulk and other sectors.Located 100 km west of Copenhagen, Kalundborg is a key location for liquid and dry bulk cargo and larger projects for industry players such as Equinor…

Fednav Partners with CargoMetrics

Jul 08, 2019

Fednav Limited has announced that it has entered into a Development Services Agreement with CargoMetrics Technologies LLC, a maritime innovation company.Under this agreement, the two companies will work in collaboration to build systems and tools to optimize Fednav’s dry bulk fleet…

Diana Shipping Fixes Atalandi with Uniper

Jul 01, 2019

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Uniper Global Commodities SE, Düsseldorf, for one of its Ice Class Panamax dry bulk vessels, the m/v Atalandi.The global…

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