Bulk Carrier Trends

Bulker Arrives to US on Her Maiden Voyage

The Port of Vancouver USA welcomed the Kypros Unity, commanded by Capt. Wilfredo F. Itable of Cyprus, on her maiden voyage Oct. 28. Capt. Itable and his 20-member

Vale CEO: Coal Deal Soon

Brazilian mining company Vale SA is close to making a "strategic" announcement concerning its coal unit, the company's chief executive Murilio Ferreira said on

Vale Financials Disappoint; Iron Ore Prices, Currency Cited

Brazil's Vale posted a surprise loss of $1.44 billion on Thursday, hurt by a fall in the price of iron ore, higher production costs and a weakening Brazilian currency.

Walter Energy Trims Costs, Narrows Loss

Coal miner Walter Energy Inc reported a smaller loss in the third quarter as its cost cutting efforts paid off. Net loss narrowed to $98.9 million, or $1.48 per share in the quarter ended Sept.

ClassNK Certifies Ship with Air Lubrication System

ClassNK has completed the EEDI appraisal of Harvest Frost, the world’s first post-panamax bulk carrier fitted with the Mitsubishi Air Lubrication System (MALS).

Oshima-built Grain Carrier Delivered in the US

Today the first unit of a new bulk carrier developed by Mitsubishi Heavy Industries, Ltd. (MHI) was delivered to Archer Daniels Midland Company (ADM) of the U.S.

First Bulk Carrier Delivered to ADM of US

  The first unit of a new bulk carrier developed by Mitsubishi Heavy Industries, Ltd. (MHI), a vessel offering superlative energy efficiency and environmental performance,

St. Lawrence Seaway Workers Threaten to Strike

Union workers on the St. Lawrence Seaway, the waterway that links the Great Lakes and the Atlantic Ocean, have given notice of a possible strike, which could start on Friday afternoon,

20 Trapped in Another Turkish Mine Collapse

At least 20 workers were trapped on Tuesday after a coal mine in southern Turkey collapsed, local media reported. Rescue teams and medics were sent to the mine in the town of Ermenek,

Arch Coal Revenue, Coal Demand Falls

Arch Coal Inc reported a 6.2 percent drop in quarterly revenue as coal sales dropped by about 2 million tons. Revenue fell to $742.2 million in the third quarter ended Sept.

British Wheat Heads to US for First Time in over 2 Years

Britain has sold a shipment of feed wheat to a buyer in the United States, marking the first significant volume in two-and-a-half years, two traders said on Monday.

US Inspecting Vessels of ‘High Risk’ for Ebola

The U.S. Coast Guard (USCG) and U.S. Customs and Border Protection (USCBP) are actively vetting all vessels arriving which have previously visited a port in a country where the Ebola virus is present.

MOL Drill Prepares for Offshore Incident

Under cooperation with Japan's Coast Guard, Mitsui O.S.K. Lines, Ltd. (MOL) has conducted a tabletop drill based on a scenario in which fire occurred in the engine

Great Lakes Ore Surge Continues

Shipments of iron ore on the Great Lakes topped 7 million tons for the third straight month in September, the Lake Carriers’ Association (LCA) said, adding that the 7,

Mali Eyes Rail Projects to Unlock Iron Ore, Bauxite Deposits

Landlocked Mali aims to diversify its mining sector away from gold with Chinese-built rail projects worth $9.5 billion that would link it to the Atlantic coast,

High Arctic Costs Deter Business Despite Thaw

Despite high hopes for Arctic business from mining to shipping as the ice melts rapidly and temperatures rise twice as fast as the global average, few firms say the sums still make sense.

Software Upgrade for Ahrenkiel Steamship Fleet

Ahrenkiel Steamship has chosen to implement DNV GL’s ShipManager software on its entire fleet of 60 vessels. The implementation of ShipManager on the entire fleet of 60 vessels,

Suez Canal Sept.Revenues Near $470 mln

Revenues from Egypt's Suez Canal reached $469.7 million in September, down from a record $510 million in August, the state information website said on Monday. The waterway,

Tanzania: China-Funded Port Work Starts in 2015

Construction of a Chinese-funded port and special economic zone in Tanzania worth at least $10 billion will start in July 2015, the president's office said in a statement on Monday,

India, Indonesia on Different Coal Paths

India, poised to become the world's largest importer of thermal coal, appears to be opening up its domestic mining sector to foreign competition just as Indonesia,

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