rss icon Subscribe
desktop mobile

Bulk Carriers

Diana Shipping Extends Myrto Charter

Pic: Diana Shipping Inc.

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Cargill International S.A., Geneva, for one of its Kamsarmax dry bulk vessels, the m/v Myrto.The global shipping company specializing in the ownership of dry bulk vessels, said

Baltic Index Rises to Over Five-Year High

© Volodymyr Kyrylyuk / Adobe Stock

The Baltic Exchange's main sea freight index climbed to its highest since December 2013 on Monday, pushed by higher demand for vessels ferrying iron ore in the Atlantic.* The Baltic index, which tracks rates for ships ferrying dry bulk commodities, rose about 1%, or 21 points, to 2,191, a peak since Dec.

Pirates Rob Korean Bulk Carrier

© Pedro Amaral / MarineTraffic.com

Pirates attacked a South Korean-flagged cargo ship in the South China Sea early on Monday, stealing thousands of dollars in cash and even the sailors' shoes, South Korean authorities said.Two people sustained minor injuries when seven pirates boarded the CK Bluebell and made off with $13,000 and belongings including mobile phones,

Baltic Index at 5-1/2-year High on Iron Ore Demand

AdobeStock / © Lidian Neeleman

The Baltic Exchange's main sea freight index rose on Thursday to its highest since December 2013, driven by demand for vessels shipping iron ore in the Atlantic, pushing capesize and panamax indices to multi-year highs.The Baltic index, which tracks rates for ships ferrying dry bulk commodities, rose 3.

Diana Shipping Fixes Selina with Ausca

Pic: Diana Shipping Inc

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Ausca Shipping Limited, Hong Kong, for one of its Panamax dry bulk vessels, the m/v Selina.The global shipping company specializing in the ownership of dry bulk vessels, said that the gross charter rate is US$11,

Fumigation Doesn't Work for Some Ship Cargoes

Dead weevils along a wall of a bulk terminal warehouse (Photo: ABTO)

The fumigation of grain cargoes using certain pesticides, namely plant protection products, may not be effective in controlling insect larvae, resulting in cargo damage or loss.Javier Quintero Saavedra, head of HSE at Terminales Marítimos de Galicia (TMGA), an operator of bulk terminals in Galicia,

EEDI Phase 3 Compliance for Bulkers, Tankers Looming

© alexyz3d / Adobe Stock

Global shipping remains challenged as the IMO continues down its path of setting ambitious decarbonization targets by 2030 and 2050.The Energy Efficiency Design Index (EEDI), a key component of the IMO's plan to reduce greenhouse gas emissions, sets minimum energy efficiency design requirements for different ship types and sizes.

BHP to Order LNG-Fueled Bulker

Image: BHP

International mining company BHP BHP floated a bulk carrier tender for LNG-fueled transport for up to 27 million tonnes of its iron ore.The Melbourne-based resource company said in a release that this is the world’s first bulk carrier tender for LNG-fueled  iron ore vessel.The mining giant

Safe Bulkers Begins Scrubber Program

Pic: Safe Bulkers

Safe Bulkers, the provider of marine drybulk transportation services, announced that the first scrubber was successfully installed and commissioned on MV Martine, a Japanese, Post-Panamax class vessel, built in 2009.The US-listed operator of drybulk vessels for transporting bulk cargoes said that the scrubber is open loop,

USCG & Liquefied Gas Cargoes as Marine Fuel

© vladsv/Adobe Stock

The establishment of air emissions regulations in the form of Emission Control Areas (ECA) and the approaching IMO 2020 sulfur cap have driven the search for economically, commercially, and environmentally acceptable marine fuels. With advancements in technologies and the significant growth of U.

Baltic Index at 5-1/2 Year Peak as Capesize Demand Soars

file Image: CREDIT AdobeStock / © Lucasz Z

The Baltic Exchange's main sea freight index hit a five-and-a-half-year high on Monday on the back of strong demand for capesize vessels shipping iron ore.The Baltic index, which tracks rates for ships ferrying dry bulk commodities, rose 3.4%, or 63 points, to 1,928, its highest since January 2014. The index has tripled since February.

2020 Bulkers Fixes 3 Bulkers with Koch

Pic: 2020 Bulkers

Norwegian shipowner 2020 Bulkers has reached time charter agreements for three of its newbuildings with Koch Supply & Trading, a subsidiary of Koch Industries.Bulk Sandefjord has secured a new 36 months time-charter at an index-linked rate, reflecting a premium to the Baltic 5TC index.The time-charter

S'hail Adds 2 Ships to Klaveness Pool

Image: Shail vessel Credit: Shail Shipping

Qatar based  S'hail Shipping and Maritime Services has added two panamax dry bulk carrier into the Baumarine pool, a specialized panamax, kamsarmax and post-panamax pool run by Torvald Klaveness.The Norwegian shipping company said in a press note that the good vessels MV S’hail al Rayan

Navios Containers Appoints Tsironi CFO

Erifili Tsironi (Photo: Navios Containers)

Navios Maritime Containers L.P. (NASDAQ: NMCI) appointed Erifili Tsironi as Chief Financial Officer of Navios Containers. Tsironi previously served as Co-Chief Financial Officer of Navios Maritime Acquisition Corporation since December of 2018 and as Chief Financial Officer of Navios Maritime Midstream Partners L.

Maritime Apps