Bulk Carrier Trends
Mitsui Engineering & Shipbuilding Co., Ltd. (MES) completed and delivered a 60,000 dwt type bulk carrier M.V. STH Athens (MES Hull No. 1898) at its Chiba Works on August 27,
Diversified U.S. miner and energy producer Freeport-McMoran Inc said it would lower its capital budget for mining in 2016 by 25 percent, or $700 million, as commodity prices continue to weaken.
Buyers are Glencore, Bloomfield.
Brazilian mining giant Vale has continued its disposal of non-core holdings, agreeing to sell a mothballed coal mine in Australia
The opening of a new break bulk terminal is one of the many developments and investments in the break bulk sector in the port of Rotterdam; a sector that has
The U.S. Coast Guard, the Alpena Sheriff's Department and several good Samaritans are assisting two men aboard a 42-foot sailboat that began taking on water early
AEP River Operations offers the largest covered hopper fleet of any carrier. Complementing its barge operations is a fleet of over 80 boats ranging in power from 1,550 to 11,000 hp.
Clipper Group announced it will take delivery of two SDARI64 newbuilding bulk carriers during the coming months from Sainty Shipbuilding in Yangzhou, China. The vessels,
South Africa's Eskom said on Wednesday it wants compensation from Glencore's mining subsidiary Optimum if it is unable to supply coal to its Hendrina power plant.
Commodity trader Trafigura said its logistics and warehouse unit Impala Terminals has scrapped plans for a metals warehousing joint venture in China and will also
Seanergy Maritime Holdings Corp. announced today that it has entered into a purchase agreement to acquire seven secondhand dry bulk vessels, consisting of five Capesize and two Supramax vessels,
One of the reasons advanced for the plunge in commodity prices is concern over the outlook for Chinese demand for raw materials as growth slows in the world's second-largest economy.
Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary,
Sri Lanka based shipping company- Herbilan Shipping Pvt Ltd is all set to launch Colombo-Vizag-Yangon (Myanmar)-Colombo service from September 1, reports the Hindu.
French oil major Total confirmed on Monday that it had stopped all production of coal as of last week after the South African government approved the sale of its coal mining operations there.
The search for a man who reportedly jumped overboard from a freighter near Big Sable Point in Lake Michigan early Sunday morning has been suspended, the U.S. Coast Guard reported.
Dry bulk commodities shipper Scorpio Bulkers Inc. announced today that Scorpio Services Holding Limited purchased an aggregate of 500,000 common shares of the company
With the prices of many major commodities currently plumbing depths last seen six years ago, what are the chances of a repeat of the China-led boom that lifted
Commodities pulled down by tumbling Asian equities; Oil, coal, copper at 2009 financial crisis levels.
Commodity markets lurched lower on Monday after Chinese equities resumed their slide,
The recession, gradually engulfing the world commodity production, has become apparent amid the dynamics of rates for international dry cargo transportation, reports abc.
Is China’s steel exports enough to support the freight market?
No, it’s not enough, you will need lower Chinese iron ore production too in order to keep growing