Ultrabulk Ditches Chinese Yard for Japan-Built Eco-Ship
Danish dry bulk operator Ultrabulk said Wednesday that continuous delays have forced the company to cancel its order for two large Panamax bulkers from
Danish dry bulk operator Ultrabulk said Wednesday that continuous delays have forced the company to cancel its order for two large Panamax bulkers from
BEIJING–Brazilian miner Vale SA has spent around $2 billion on a fleet of huge ships to carry its iron ore from Brazil to China. The problem: China
(Bloomberg) — China, which imports more iron ore than the rest of the world combined, will buy a record amount this quarter, easing concern about the
Greece-based Paragon Shipping Inc. (NYSE: PRGN), a global shipping transportation company specializing in drybulk cargoes, revealed plans Wednesday to delay
Bermuda-based Knightsbridge Tankers (NASDAQ: VLCCF) reported their Q3 financials today and gave us an overview of the tanker and dry bulk markets. With
The owner of a Russian cargo ship that went missing last week with 9 crew members and 700 tons of gold ore in the Sea of Okhotsk has been
The Tilos‘ days are numbered following Goldenport Holdings Inc. (LSE: GPRT) announcement today that she has been sold and delivered to a third party
In a move to reduce the company’s debt, Seanergy Maritime Holdings Corp (NASDAQ: SHIP) announced today they have sold one of their 69,235 dwt Panamax
(Bloomberg) — Nippon Yusen K.K., Japan’s biggest shipping line, lowered its annual profit forecast and Mitsui O.S.K. Lines Ltd. predicted a loss as
Fednav, the world’s largest operator of ice-classed vessels and Canada’s leading deep-sea bulk transporter, announced Tuesday that it has placed an
A Russian cargo ship with a nine-man crew and carrying 700 tons of gold ore has gone missing off of Russia’s Pacific coast. The Russian-flagged vessel,
(Bloomberg) — Rates to ship dry-bulk raw materials by sea are recovering after a four-year slump as Chinese demand for iron ore surged to the highest
(Bloomberg) — Iron-ore exports from Sierra Leone may be unsafe because the moisture content of the steel-making commodity is too high, creating the risk
(Bloomberg) — Shipping rates for hauling iron ore, which fell today after more than doubling this month, may extend declines as competition intensifies
MELBOURNE–The forecast jump in ships carrying coal north from Australia that will come with the expansion of a northerly port by companies such as BHP
The maritime transport of nickel ore is no easy task. Nickel ore cargoes can liquefy during transport, drastically impairing the ship’s stability and
The Valemax iron ore carrier Vale Minas Gerais docked at the port of Villanueva in the Philippines on Wednesday marking the first time a Valemax ore carrier
(Bloomberg) — The biggest slump in Indian iron-ore exports on record is driving rates for ships hauling the cargoes to the lowest since at least 2005,
(Bloomberg) — China Shipping Development Co. and China Cosco Holdings Co., the nation’s biggest operators of dry- bulk ships, both rose the most
International Shipholding Corporation (NYSE: ISH) announced Thursday that it has entered into an agreement to acquire a 100% ownership of U.S. United Ocean
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