Bulk Carrier Trends
Masterbulk Singapore has entered into a five-year global sole service supplier agreement with the Wallem Group’s lifeboat maintenance service company, SeaSafe Marine.
OECD has sought deal to phase out subsidies for a year. Germany, Japan at forefront of opposition.
The world's richest nations are unlikely to reach a deal to
Stena Sonangol Suezmax Pool celebrates 10 years of collaboration and trading.
The 10th anniversary celebrations took place in London on May 20. Today on May 26 it is Houston’s turn and,
Avance Gas said repairs of two very large gas carriers (VLGCs) are complete, allowing the delayed ships to get to work.
Both new build VLGCs recently dry-docked - Breeze (83,
The National Shipping Co. of Saudi Arabia (Bahri) signed contracts on Thursday with Hyundai Samho Heavy Industries (HSHI) to build five very large crude carriers (VLCCs),
French insurer AXA said on Friday it was cutting its exposure to the coal industry, pulling out of investments worth 500 million euros ($552.7 million).
Capesize rates slide after hitting 5-month high.
Rates for capesize bulk carriers eased this week after hitting their highest since December, and could come
German lender HSH Nordbank could split off a "bad bank" for non-performing shipping loans as part of a plan to create a sustainable business model, according to a person familiar with the matter.
China Shipping Development (CSD) and Cosco have established a joint venture (JV), China Ore Shipping Pte., in Singapore to purchase four 400,000 dwt ore carriers from Vale and operate them.
French bank Credit Agricole said on Wednesday it would no longer finance coal mining or miners as lenders grow increasingly uneasy about funding coal due to environmental concerns.
Brazilian miner Vale said on Tuesday it agreed to sell four large iron ore carriers to China Merchants Energy Shipping Co (CMES) , as it looks to raise cash in the midst of an iron ore price slump.
Cameroon cocoa exports jumped 24 percent to 181,893 tonnes year-on-year by end-April since the start of the 2014/15 season on Aug. 1, data from the sector's regulator showed on Tuesday.
U.S.-flag Great Lakes freighters (lakers) moved 6.7 million tons of dry-bulk cargo on the Great Lakes in April, a decrease of nearly 6 percent when compared to the month’s 5-year average.
German Economy Minister Sigmar Gabriel said on Tuesday a proposal to soften CO2 emissions cuts for coal-fired power plants was just one of many alternatives being
Germany hosts G7 summit on June 7-8; Merkel's credibility hinges on fulfilling own targets.
Germany's clean energy drive earned it a reputation as a green leader
Maersk Line announced that it has entered into Vessel Sharing Agreement (VSA) with Mediterranean Shipping Company (MSC) and Mitsui O.S.K Lines (MOL) on the Asia to East Coast of South America trade.
The Port of Hamburg handled total throughput of 35.6 million tons (up by 0.1 percent) in the first quarter of 2015. Bulk cargoes at 11.7 million tons (up by 12.
Korea Midland Power Co Ltd (KOMIPO) is seeking a total of 780,000 tonnes of steaming coal per year via two tenders, the utility said on its website (http://www.
The U.S. Coast Guard detained the 600-foot bulk carrier vessel Ikan Sudip, after discovering significant environmental and safety violations during an inspection in Astoria, Ore.
Despite a modest recovery in earnings anticipated over the next two years, the dry bulk shipping market is not expected to return to profitability until 2017,