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ESL Shipping's Crane Issues on New Vessels Mainly Fixed

ESL Shipping's new LNG-fueled bulker

Crane Issues aboard the new LNG-fueled ships affected the company's profitability in the first quarter of 2019.

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VV: Bulker Values Continue to Slide in 2019

Shipping

VesselsValue, ViaMar released forecasted asset values until 2022 for four major ship types.

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Pangaea Orders Ice-Class Bulker Pair from Guangzhou Shipyard

Bulker

Pangaea Logistics Solutions ordered two new Post-Panamax bulkers at Guangzhou Shipyard International.

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Algoma Places Order for Equinox Bulker in China

Algoma Innovator

Algoma Central Corp exercised an option with Yangzijiang Shipyard to build a new Equinox Class bulker.

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Rising Capesize Deliveries Imperil Fragile Market Balance

Bulker

Despite increase in demolition volumes, the market for large dry bulk ships is likely to face continued pressure.

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Liquefaction Caused Most Loss of Life from Bulk Casualties

Stellar Daisy

Cargo failure and liquefaction caused more than half of loss of life arising from bulk casualties, Intercargo said.

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Jinhui Shipping Buys Supramax Pair

Bulker

Jinhui Shipping purchased two Supramax bulkers from Chartworld Shipping Corporation.

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Three Injured After Bulker Suffers Explosion off Cornwall

bulker

Three crew members have been injured following a last week's explosion on board a bulk carrier off Cornwall.

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China Cosco Shipping Orders Up to 10 Newcastlemax Units

China Cosco Shipping ordered up to ten 210,000 dwt bulk carriers from Cosco Shipping Heavy Industry.

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China's Coal Imports Decision to Affect Demand for Panamaxes

bulker

Demand for Panamax bulkers is expected to shrink due to China's restriction of coal imports.

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Report: ICBC Leasing Orders Kamsarmax Quartet

bulker

China's ICBC Leasing orders four Kamsarmax bulkers.

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Samudera Bulker Released after 5-Month Detention

bulker

Samudera's dry bulk carrier released from detention in Honduras.

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Scorpio Bulkers Inks Sale and Leaseback for Six Bulkers

Bulker

Scorpio Bulkers agreed to sell and leaseback six Ultramax vessels to AVIC International Leasing.

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Pacific Basin Bulker Hit by Fire in Morehead City

Bulker Albany Sound suffers fire in Morehead City

Bulk carrier Albany Sound suffered fire in the crew cabins while berthed at North Carolina Port, Morehead City, USA.

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Pacific Basin to Add Supramax Trio

Pacific Basin

Pacific Basin is to expand its fleet with a further 3 secondhand Supramax vessels.

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Belships Continues with Fleet Expansion

bulker

Belships ASA has entered into an agreement to acquire a secondhand 63,000 dwt bulk carrier.

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VV: Capesize Sales at a 110-Day Standstill

Capesize

There have been no confirmed sales of Capesize bulk carriers since December last year.

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Ocean Yield Buys Ultramax Duo with Long-Term Charters

Bulker

Ocean Yield is to acquire two Ultramax dry bulk vessels for USD 42 million net of a seller's credit.

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USCG Evacuates Man from Bulker off Washington

US Coast Guard

A 29-year-old man was evacuated from bulker Great Fluency in the Straight of Juan De Fuca, Washington.

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Newbuild Bulker Joins Wisdom Marine

wisdom-lines

Wisdom Marine Lines takes delivery of a 34,000 dwt bulker newbuilding. 

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Maritime NZ: Bulker Captain Charged over Safety Breaches

Bulk carrier Spinnaker SW

Captain of the Panama-flagged bulk carrier Spinnaker SW has been charged over unsafe work practices.

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