Bulk Carrier Ship News

In the vast expanse of the world’s oceans, a transformation is underway.The international shipping sector, made up of thousands of massive cargo ships laden with many of the goods we buy, emits carbon dioxide (CO₂) roughly equivalent to the entire country of Germany.Our research emphasises the need for immediate action. Reducing shipping emissions by 34% by 2030 is necessary to stay on course with the Paris Agreement’s 1.5°C goal. But with low-carbon fuel pipelines unlikely to be available at the necessary scale until at least the 2030s…

Malaysia's maritime authorities on Monday said cannon shells believed to be from World War Two have been found on a China-registered bulk carrier ship detained at the weekend for anchoring in its waters without permission.The discovery comes amid reports this month that scavengers have targeted two British World War Two wrecks off the coast of Malaysia - the HMS Prince of Wales and HMS Repulse - which were sunk by Japanese torpedoes in 1941, just three days after the devastating attack on Pearl Harbor in Hawaii.

A Valaris drillship hit the Akti bulk carrier ship on Saturday, after breaking free its moorings near the VT Halter Shipyards and Chevron docks in Pascagoula,  Mississippi. At around 1:30 a.m. Saturday, Coast Guard Sector Mobile watchstanders received a report from the National Response Center of a collision between two vessels. Per the Coast Guard, Valaris' a 752-foot drillship, reportedly broke free of its moorings due to high winds and collided with the Akti bulk carrier. According to photos shared by the Coast Guard…

A crewmember suffering from abdominal pain was medevaced from the 653-feet bulk carrier ship Yasa Jupiter Saturday, approximately 60 nautical miles northeast of San Juan, Puerto Rico, the U.S. Coast Guard said.The Coast Guard said its watchstanders at Sector San Juan received the medevac request from the Marshall Islands flagged ship on Friday night.The Yasa Jupiter was sailing from Morocco to Panama, approximately 360 nautical miles northeast of Puerto Rico, outside the range of responding rescue helicopters…

Following a five-month stay in the port of Pago Pago, American Samoa, the 580-foot motor vessel Wise Honest, a 17,061-ton, single-hull bulk carrier ship connected to U.S. sanctions violations departed under tow Monday.This action comes after an investigation by the Department of Justice and the sale of the ship in a Southern District of New York Federal Court-directed auction. The Coast Guard’s role in these proceedings was to ensure the safety and security of the Port of Pago Pago and the vessel.Most recently, the Coast Guard captain of the port received, reviewed, and approved the submitted tow plan from the company who purchased the ship…

Portline Bulk International S.A. pleaded guilty in federal court in Charleston, South Carolina, to one count of violating the Act to Prevent Pollution from Ships and one count of Obstruction. The charges stem from the falsification of the Oil Record Book onboard the M/V Achilleus, a Maltese-flagged ocean-going bulk carrier ship managed by Defendant Portline.From April 2017 to August 2018, senior members of the vessel’s engineering team oversaw and participated in the bypass of the ship’s Oil Water Separator utilizing a yellow plastic hose, referred to as a magic pipe. The ship’s Chief Engineer made a series of fake entries and key omissions in the Oil Record Book in order to conceal the illegal overboard discharges of oily bilge water. On Aug.

Japan's Tsuneishi Holdings Corporation said that its  shipbuilding business output was nearly flat with the construction of 45 ships in the fiscal year ending December 2016. However, ship orders declined markedly due to the impact of last-minute orders before environmental regulations went into effect in 2015. "Our shipping business, affected by the dry bulk market downturn, recorded sales of 26.9 billion yen, a YOY decline of 5.7 billion yen (-17%)," says a company statement. "In response to falling ship prices and ocean freight affected by excess shipping tonnage worldwide, we will promote a strategic product mix and build a structure to accommodate diverse needs.

The commercial bulk carrier Global Vega rescued seven fishermen in distress on May 21 off the coast of Peru. While Global Vega was sailing from the port of Acajutla, El Salvador, to the port of Callao, Peru, the vessel came upon a fishing boat having engine trouble. Food and fresh water were provided to the fishermen and their boat was moored to Global Vega. Afterward, the fishermen and their boat were safely delivered to the Peruvian Coast Guard. Global Vega is a bulk carrier operated by NYK Bulk & Projects Carriers Ltd., a wholly owned subsidiary of NYK Line. Captain: Arturo F.

Somali pirates are suspected of hijacking a bulk carrier ship on one of the world's crucial trade routes, Reuters reported. The United Kingdom Maritime Trade Operations piracy watchdog said on its website it had received a report from a vessel under attack and possibly boarded off the coast of war-ravaged Yemen. It gave no further details. However, a security source working at the Puntland Marine Police Force said the vessel was Tuvalu-flagged and is known as OS35. Graeme Gibbon-Brooks, the head of private company Dryad Maritime Intelligence, said industry sources had confirmed the hijacking. "Vessels transiting the area are advised to exercise extreme caution," UKMTO said, without giving more details.

A capsize bulk carrier ship has run aground in the Suez Canal at 69 kilometers at about 10:30 a.m. local time February 25, and is still grounded on same position, GAC reported, as per information available from the Suez Canal Authority.   According to GAC, the Suez Canal has not closed, but there are some delays on the convoys’ movements and the starting time of the convoys has been amended accordingly, as follows: Northbound convoy started today at 9:45 a.m. local time (first vessel). Southbound convoy started today at 2 a.m. local time and waiting in Great Bitter lakes.   Further traffic delays are expected until the vessel is refloated by Suez Canal Authority tugs.

Pioneer Marine, a shipowner and drybulk handysize transportation service provider, announced  it has accepted delivery of a 38,464 DWT Green Dolphin eco-design handysize vessel, the M.V. Falcon Bay. The new vessel, which was constructed at Yangzhou Guoyu Shipbuilding Co., Ltd, is Pioneer's first Green Dolphin eco-design handysize vessel. The ship's fuel consumption is about 6 tonnes per day lower than the non-eco design vessels. In addition to eco-friendly efficiencies, Pioneer's Green Dolphin newbuilding series are equipped with features which offer substantial commercial flexibility such as hull strengthened to Ice Class 1C, fully logs fitted…

Panamax dry bulk carrier ship sales prices reportedly continued to improve last week and also climbed for well equipped Handymax ships.

In 2000, freight rates turned out at a significantly higher level than during the previous year. On an average basis, tripcharter rates for Capesizes (150,000 dwt) more than doubled to $17,600/day, while rates for modern Panamaxes increased from $7,500 to $11,100/day. For Handymaxes, tripcharter rates went up from $6,900 to $9,200/day. The freight market showed a steady rise through the first three quarters of the year, but softened somewhat during its final three months. The main cause of the firmer freight market was the strong upturn in world economic growth, and particularly in the U.S. The strong U.S. economy combined with imports of finished goods created strong support for industrial production in and exports from the rest of the world.