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Roundup of last weeks Capesize, Panamax, Supramax, Ultramax and Handysize markets from The Baltic Exchange.
MacGregor, part of Cargotec, has secured an order to provide a complete set of remote operated piggy-back hatch covers with hydraulic lifting and an internal traction electric drive system to Fincantieri Bay Shipbuilding (FBS).
Diana Shipping Inc. recently announced that it has signed a Memorandum of Agreement to sell to an unaffiliated third party, the 2005-built vessel “Clio”, with delivery to the buyer latest by November 29, 2019, for a sale price of US$7.4 million before commissions.
Torvald Klaveness has for decades had a strong presence in the dry bulk shipping market. Klaveness Combination Carriers has dry bulk as one of its target markets...
It is perhaps surprisingly common for things to go wrong in the processes around berthing ships, particularly in terms of manoeuvring in the port area and mooring.
The global marine industry is increasingly focused on reducing its carbon footprint. In fact, over the next 10 years, the only issue seen as having a greater impact is a potential global financial crisis...
The sanctions imposed by the United States on subsidiaries of Chinese state-owned group COSCO have not affected the world’s biggest dry bulk shipper BHP , the mining company said, after carrying out due diligence to check.
Oldendorff will provide a full transportation solution to BCPCL, which includes coal transportation from Indonesia or Australia with transshipment in Andaman & Nicobar to Payra power plant in Bangladesh.
BHP, the biggest listed miner, aims to decide early next year who has won a tender for LNG-fueled transport to ship up to 27 million tonnes, or about 10%, of its iron ore to cut emissions by around a quarter, a senior executive said.
Grindrod Shipping Holdings Ltd, a global provider of maritime transportation services in the drybulk and product tanker sectors, announced a number of transactions relating to a new financing arrangement, its fleet and share repurchases.
The Lydia Oldendorff (207,562 tdw built 2015) has set a record as the largest vessel to load coal at Puerto Bolivar, Colombia.
It has been a quieter year for the Baltic Exchange’s dispute resolution team, with the overall number of cases down on 2018.
Launching of a 200,000-dwt bulk carrier "CAPE DISCOVERY" today, at the Marugame business headquarters Imabari Shipbuilding Co., Ltd., the 200,000- dwt ton Capesize bulker "CAPE DISCOVERY" has been completed.
For the last decade, the ‘VIKING Shipowner Agreement’ has been a widely recognised concept among commercial ship and offshore asset owners looking to gain safety related efficiencies...
New global rules forcing ships to reduce air pollution by using cleaner fuels will see more sulphur and nitrates dumped into the oceans, analysts and civil society leaders say.
Today when the world is racing towards achieving reduced carbon emissions, reduction in GHGs across all the industries, we should take cognisance of the fact that to produce 1 ton of Iron, it takes a tailing of around 2.5 - 3 Tons of iron ore...