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Bulk Carriers

The 'Grande Halifax' Christened in Halifax

From left, Andy Abbott CEO of ACL, Karen Oldfield and Costantino Baldissara. Photo:  Hafen Hamburg Marketing

 The Pure Car & Truck Carrier Grande Halifax, owned and operated by the Grimaldi Group, has been christened yesterday in Halifax, New Scotia. Godmother of the new vessel was Ms. Karen Oldfield, President and CEO of the Halifax Port Authority.   A ceremony took place at Halterm/Autoport with the presence

Eniram Signs On LNG Powered Bulk Carrier Project

(Image: Arista Shipping)

The Project Forward initiative, which is led by Athens-based Arista Shipping, has produced an energy efficient dry bulk carrier vessel that features liquefied natural gas (LNG) propulsion.Finnish clean-tech software engineering company Eniram, a Wärtsilä company, said it has signed a Memorandum of Understanding

ADM CFO: Supply Chain Can be Managed Through U.S.-China Trade Tensions

File Image (CREDIT: AdobeStock / © Igor Strukov)

Global grain merchant Archer Daniels Midland Co (ADM)feels it can manage its supply chain to adapt to China's threatened tariffs on imports of U.S. soybeans, Chief Financial Officer Ray Young said on Wednesday.   The Chicago-based company is confident the world's two largest economies will "get through" the trade dispute,

Star Bulk Carriers Acquires Songa Bulk Fleet

Photo: Star Bulk Carriers Corp

 Greece-based dry bulk shipping firm Star Bulk Carriers has entered into definitive agreements to acquire 18 dry bulk vessels in two all-share transactions.    15 of the vessels will be acquired from Songa Bulk and three of the vessels will be acquired from Oceanbulk Container Carriers. The consideration

Fifth US Sorghum Vessel Heads to Spain

© Saydam / MarineTraffic.com

The RB Eden vessel carrying 70,000 tonnes of U.S. sorghum is heading to the Spanish port of Cartagena, Thomson Reuters Eikon ship-tracking data showed, in what will be a fifth cargo of U.S. sorghum to be diverted from China to Spain.The ship had sailed towards the Spanish Canary Islands after turning around in the Indian Ocean.

Dry Bulk Vessel Rates Sag Across Segments

© lidian neeleman / Adobe Stock

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, declined on Tuesday, hurt by lower rates across all vessel segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was down 8 points, or 0.5 percent, at 1,468 points.

Pacific Basin Acquires Four Vessels

Photo: Pacific Basin Shipping Limited

 Hong Kong-based dry bulker company Pacific Basin Shipping has decided to acquire four bulkers with 50% equity funding.   "On May 14, 2018, PB Vessels Holding Limited, a subsidiary of the company, entered into four separate ship contracts for the purchase of vessels," said a press statement.   The four bulkers are a 58,

Explosion Damages Bulker en Route to Yemen

© Tayfun Nuhlar / MarineTraffic.com

An explosion has damaged a Turkish vessel carrying wheat to Yemen's Houthi-controlled port of Saleef, with varying accounts attributing the incident on Thursday to an unexplained blast aboard the ship or a possible missile strike.A naval ship of a Saudi-led military coalition received a call from the captain of the vessel,

US Fines Shipping Company $1 Mln for Pollution Crimes

© Roy Ledford / MarineTraffic.com

A Japanese shipping company will have to pay $1 million after being convicted and sentenced for obstruction of justice and falsification of an Oil Record Book to cover-up intentional pollution from bulk carrier M/V Atlantic Oasis.The company Nitta Kisen Kaisha Ltd., owner and operater of the Atlantic Oasis,

US Sorghum Reaches Spain as Traders Divert More Ships from China

© Trevor Powell / MarineTraffic.com

A rare cargo of U.S. sorghum has arrived in Spain and will be followed by several more, shipping data showed, a sign that Spain's livestock industry is set to become one of the new homes for U.S. sorghum hit by Chinese anti-dumping tariffs.Exporters have been scrambling to divert hundreds of thousands of tonnes of U.

Diana Shipping Bags TC for m/v San Francisco with Koch

Photo: Diana Shipping Inc.

 Diana Shipping  has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its Newcastlemax dry bulk vessels, the m/v San Francisco.    The global shipping company specializing in the ownership of

Australia Wants to Recycle Trash from Ships

© joey333 / Adobe Stock

The Port of Hay Point in Queensland, Australia has kicked off a pilot program to investigate the feasibility of recycling garbage from international ships.Currently, ships' crews separate recyclable garbage on board, but have limited opportunity to offload these materials at Australian ports for recycling.

Great Lakes Limestone Trade Lags

© Daniel / Adobe Stock

Great lakes limestone shipments totaled just 1,254,226 net tons in April, a decrease of 23 percent compared to a year ago as the coldest April in more than two decades put a chill on the trade. According to the Lake Carriers’ Association (LCA), loadings trailed the month’s five-year average by even more – 33.

Dry Bulk: Baltic Index Touches over 4.5 Month High

© pr2is / Adobe Stock

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Wednesday to its highest in over 4-1/2 months, boosted by rising rates for capesize vessels.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was up 33 points, or 2.

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