Bulk Carrier Trends

Grounded Laker Refloated in Duluth

M/V Paul R. Tregurtha freed by The Great Lakes Towing Company after laker ran aground in Duluth M/V Paul R. Tregurtha was refloated by The Great Lakes Towing

India's Coal Imports Causing Port Congestion

Congestion at Paradip expected to ease in a week if rains stop; higher-than-usual congestion at some other ports too. Indian power and steel companies are importing

November Physical ARA Prices End Week 1.7 pct Lower

European thermal coal dipped for a third straight day on Friday as weak demand and healthy supply shaved 1.7 percent off prices this week. European coal cargoes

China Power Plants Exempt from ban on Low-Quality Coal

China's bid to limit the consumption of low-quality thermal coal in major cities to help curb pollution will not apply to power plants, traders and utility sources said,

Second Sailing Added to Cleveland-Europe Express

The Port of Cleveland and Amsterdam-based Spliethoff Group announced today their mutual intent to add a second monthly vessel to the Cleveland-Europe Express (CEE),

Impact of China Coal Restrictions Questioned

Who to believe? The traders and analysts who say China's new regulations on coal quality is a body blow to Australian exports, or the companies and their association

Coal Prices Drop in Reaction to China Import Ban

Thermal coal prices fell on Tuesday in reaction to a Chinese ban on the import and local sale of heavy-polluting coal types from January next year. European

Ferus Smit Building LNG Powered Cement Carrier

The first unique LNG powered ship that Ferus Smit has on order for Erik Thun A.B. will be built and equipped as a dedicated cement carrier. The ship will be delivered to the joint venture JT cement,

Scorpio Bulkers Upsizes Public Offering

Scorpio Bulkers Inc. announced today that it has further upsized and priced its previously announced offering of senior unsecured notes due 2019 in a registered public offering.

Sharp Slowdown in China Industrial Activity

The slowdown in Chinese industrial production growth ads to the existing concerns that China is going through challenging times, as Beijing aims for a soft landing and a transition of the economy,

Port Manatee Begins Scrap Metal Vessel Calls

With the September call of the bulk carrier Sen Treasure, Port Manatee Scrap Metal Inc. is embarking upon exportation of scrap metal to Mexico from Port Manatee.

China to Ban Imports of High Ash, High Sulphur Coal

China will restrict imports and the sale of coal with high ash and high sulphur content starting from January 2015 in a bid to tackle air pollution, the National

Deal Reached to End lockout at Canada Uranium Mine

Canadian uranium producer Cameco Corp and the United Steelworkers union, which represents 535 workers at the world's largest uranium mine and mill, have agreed

Indonesia Sees 11% Drop in Coal Exports

Indonesian coal exports are expected to drop 11 percent this year due to lower production, a government official said on Friday, as miners grapple with new rules

Vale, Cosco to Cooperate on Iron Ore Shipping

Brazilian miner Vale SA reached a deal with China Ocean Shipping Co (Cosco) for transporting iron ore, a move that could help the Brazilian miner resolve a costly

Clarksons Dry Cargo Grows its Team in New York

  Clarksons, the world's leading shipping services group, is delighted to announce that it has expanded its Dry Cargo team in New York with the recent appointment of Stefano Udarelli.

SmartGrip: An ‘Evolution’ in Bulk Handling

Liebherr Maritime Cranes launched what it is calling a ‘game-changing’ technology: SmartGrip for its mobile harbor crane product range. This technology is designed

Wärtsilä Wins Its Largest Single BWMS Order

A total of 22 bulk carriers, being built by Yangzhou Guoyu Shipbuilding Co. Ltd in China for Singapore based Pioneer Marine, will feature Wärtsilä Ballast Water Management Systems (BWMS).

Bulk Carriers to Adopt Wärtsilä Dual-Fuel Engine Technology

The increasing use of LNG as a marine fuel is further emphasized with the latest order for Wärtsilä's dual-fuel engine technology. A new cement carrier being built

ClassNK Expands Joint Research in Europe

Class Society Joins Joint R&D Project for Bulk Carrier Safety with Germany’s HSVA and other European Research Institutions Classification society ClassNK announced

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