Bulk Carriers News

 

Baltic Index Slips from 6-week Highs

Dec 18, 2018

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, on Tuesday retraced from its six-week high in the previous session, weighed down by declines in capesize vessel rates.The overall index, which factors in rates for capesize…

Stronger Capesize Demand Propels Baltic Index

Dec 14, 2018

The Baltic Exchange's main sea freight index, tracking rates for ships transporting dry bulk commodities, gained on Friday supported by a jump in capesize vessel rates.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels…

Bellships CEO Muller Resigns

Dec 14, 2018

Norway's bulk ship operator and management company Belships ASA announced that its chief executive officer (CEO)  Ulrich Müller has resigned.The board of directors of the Norwegian bulker owner stated in a press release that they will initiate…

Maersk Broker Buys Stake in NAODAN Chartering

Dec 14, 2018

Maersk Broker Bulk Chartering has bought a stake in a US-based dry bulk broker NAODAN Chartering and become a major shareholder.The dry cargo brokerage of NAODAN Chartering will continue to focus on the well-established and successful business out of the West Coast of the USA…

Scorpio Bulkers Gets Work for SBI Hera

Dec 13, 2018

Scorpio Bulkers Inc, shipping company, owns and operates dry bulk carriers,  announced that it has entered into a time charter-out agreement with an unaffiliated third party for SBI Hera, one of its Ultramax drybulk carriers.According to a press…

Baltic Index Slips on Weaker Capesize Demand

Dec 12, 2018

The Baltic Exchange's main sea freight index, tracking rates for ships ferrying dry bulk commodities, slipped on Wednesday as capesize vessel rates declined.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels…

Belships Completes Merger with Lighthouse Group

Dec 11, 2018

Norway-based  bulk ship operator and management company Belships has finalized its merger with Lighthouse Group after receiving an approval of the merger plan by the extraordinary general meeting (AGM).'All the conditions for the completion of the merger…

Diana Shipping in TC Pact for m/v Ismene with Koch

Dec 11, 2018

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Singapore, for one of its Panamax dry bulk vessels, the m/v Ismene.The a global shipping company specializing…

Baltic Index Snaps Winning Streak as Capesize, Panamax Rates Sag

Dec 11, 2018

The Baltic Exchange's main sea freight index, tracking rates for ships ferrying dry bulk commodities, marked its first decline in last six sessions on Tuesday, weighed down by weaker demand for capesize and panamax vessels.The overall index…

Stronger Capesize Demand Propels Baltic Index Still Higher

Dec 10, 2018

The Baltic Exchange's main sea freight index, tracking rates for ships transporting dry bulk commodities, rose for the fifth straight session on Monday, buoyed by stronger capesize rates.The overall index, which factors in rates for capesize…

Strong Capesize Rates lift Baltic Index to One-month High

Dec 07, 2018

The Baltic Exchange's main sea freight index, tracking rates for ships ferrying dry bulk commodities, rose for the fourth straight session to touch a one-month high on Friday, boosted by strong demand for capesize vessels.The overall index, which factors in rates for capesize…

Rotterdam’s Waalhaven Harbour to Focus on Breakbulk Sector

Dec 06, 2018

The recently signed smart carrousel plan in the Waalhaven is expected to give breakbulk and heavy cargo companies space for further growth in Rotterdam’s Waalhaven.In the coming three-and-a-half years, 12 hectares of industrial site and 1,155 metres of quay will undergo a user change…

Baltic Index Gains on Stronger Broad Demand

Dec 06, 2018

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for the third straight session on Thursday, supported by strong demand across vessel segments.The overall index, which factors in rates for capesize…

Baltic Index Gains on Higher Capesize Rates

Dec 05, 2018

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, gained on Wednesday, supported by stronger rates for capesize vessel segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels…

Cargo Ships Caught in Russia-Ukraine Storm

Dec 05, 2018

Russia-Ukraine naval clash followed shipping holdups Ships bound for Ukrainian ports say they are held up while those bound for Russian ports go through.When the Island Bay cargo ship arrived from Beirut at the Kerch Strait, gateway to the Azov Sea…

Logistics News

ICTSI to Operate Durban Container Terminal Pier 2

ICTSI to Operate Durban Container Terminal Pier 2

Celebrity Edge Makes Maiden Call to Newcastle, Australia

Celebrity Edge Makes Maiden Call to Newcastle, Australia

Ukraine Says Russian Drone Attack Hit Civilian Vessel

Ukraine Says Russian Drone Attack Hit Civilian Vessel

Bulk Carrier on Fire After Russian Attack

Bulk Carrier on Fire After Russian Attack

Subscribe for Maritime Logistics Professional E‑News

Ukraine says Russian drone attack hit civilian Turkish vessel
How US freight rail became dirtier than coal-fired power plants
Egypt, Qatar's Al Mana Holding sign $200 million sustainable aviation fuel deal