Bulk Carrier Trends

Panamax Vessel Demand Keeps Baltic Index Up

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Monday for a fourth straight session as higher demand

Brexit Uncertainty Weighs on Commodities, Gold

But for how long? Amid the horror for many, the elation for others and the shock for virtually everybody of the British vote to exit the European Union, perhaps

Uncertainity Plagues Seaborne Iron Ore Shipments

 Chinese iron ore imports account for around two thirds of global seaborne iron ore shipments, making it the key driver of Capesize employment. Clarksons Research Report.

Panama Canal: Bigger Ships, Bigger Paydays for Beans, Coal, Gas

Bigger ships could mean bigger paydays for commodity producers when the expanded Panama Canal opens this weekend as they can utilise larger vessels more frequently

Berthing Policy for Dry Bulk Cargo for Indian Ports Unveiled

Ministry of Shipping has formulated a new Berthing Policy for Dry Bulk Cargo for all Major Ports which will come into effect from 20th August, 2016. The objective

RS Rules Conform to the IMO Goal-based Standards

The rules of the Russian Maritime Register of Shipping are in conformity to the International Maritime Organization (IMO)goal-based standards (GBS), the IMO’s Maritime

Baltic Index up for Third Straight Session

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Friday, for a third straight session, on rising demand across all vessel segments.

Slowing Shipping Fleet Growth to Ease Officer Shortage

 Slowing growth in the size of the shipping fleet will reduce the shortage of officers over the coming years, according to the latest Manning report published by global shipping consultancy Drewry.

Brazil AG Minister Opposes Proposed Farm Export Tax

Brazil's Agriculture Minister Blairo Maggi said on Thursday before the Senate's Agriculture Committee that he would oppose a government proposal to tax farm exports

Strong Demand Across Vessel Segments Pushes Up Baltic Index

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday as demand strengthened across all vessel segments.

Seafarers’ Charity Aids Crew of Grounded MV Benita

A seafarers’ charity in Mauritius has been providing pastoral support to the crew of a bulk carrier which ran aground off the country’s southern coast.   Apostleship

RBS Receives Bids for Greek Shipping Business

The Royal Bank of Scotland has received bids for its Greek ship finance business, banking and financial sources familiar with the matter said, following a leap

Lenders Deny BHP Port Debt on Coal Worries

Australian mining giant BHP Billiton pulled a $500 million debt refinancing plan at one of Australia's biggest coal export terminals after banks were reluctant to lend to the sector,

Asia Dry Bulk-Capesize Rates Could Rise in Short Term

Shipowners seeking $10 per tonne from Brazil-China; dry cargo demand to remain subdued this year. Freight rates for large capesize dry cargo ships on key Asian

Negative Outlook for Global Shipping Industry: Moody’s

 Moody's Japan K.K. says that its outlook for the global shipping industry over the next 12-18 months is negative.   "The negative outlook reflects our expectation that earnings will worsen,

Scrubbers Installed on Another Great Lakes Bulker

The Interlake Steamship Company’s M/V Lee A. Tregurtha sailed today from Fincantieri Bay Shipbuilding Company in Sturgeon Bay, Wisc., becoming the shipper’s third

Baltic Index Rises on Higher Demand Across Vessels

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Wednesday on stronger demand across all types of vessels.

US-flag Lakes Cargo Volumes Dip in May

U.S.-flag Great Lakes freighters (lakers) moved 9.5 million tons of cargo in May, a decrease of 12.5 percent compared to a year ago, the Lake Carriers’ Association (LCA) reported.

Baltic Index Down on Falling Capesize Demand

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell Tuesday on lower demand for capesize vessels.   The overall index,

Greek Ship Owner, Operator Prosecuted in Pollution Case

The companies that own and operate a Greek shipping vessel and two engineers from the ship were convicted today in U.S. District Court in Seattle of 12 felony counts

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