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CAPESIZE BULK CARRIERS
Shipping industry likely to sustain performance in FY24, may see moderation in margins: ReportAccording to a report by CareEdge Ratings, the Indian domestic shipping industry is expected to sustain its performance in the current fisc...
Empty iron ore ships switch to coal to survive China’s slumpMiners and traders are slashing shipments of iron ore, the second-most widely traded seaborne commodity, and re-assigning their bulk carrie...
Roaring commodity demand is pushing shipping rates higher, and the rally isn’t overRising demand for everything from soybeans to steel has sent the cost of hauling dry goods soaring more than 50% this year.
Big ships snag unusual cargoes as dry-bulk market tightensThe supply of dry-bulk ships was already under pressure as Covid-19 restrictions on seafarers and port workers slowed cargo deliveries.
Great Eastern Shipping contracts to sell two oldest Suezmax crude carriersThe company has "contracted to sell its 2000-built Suezmax Crude Carriers, Jag Lateef and Jag Laadki of about 1,47,080 dwt (deadweight tonn...
Essar Shipping eyes more revenue from third party businessThe company operates a fleet of 14 ships that include two VLCCs, one capesize ship, six mini-capesize ships, one panamax bulk carrier, two ...
Essar Ports invests in expanding Hazira for onlineIn the quarter ending 30 June 2016, traffic at the port increased by 80% to 4.4 million metric tonnes as against 2.4 million tons in the co...
Great Eastern Shipping Q4 Net up at Rs 137 croreGreat Eastern Shipping Company Ltd today reported a two-fold rise in consolidated net profit at Rs 136.97 crore for the quarter ended March...
Anoop Kumar Sharma takes over as CEO of Essar ShippingHe was previously associated with Shipping Corporation of India for 16 years where he was the Senior Vice President of the Chartering divis...
Anoop Kumar Sharma takes over as CEO of Essar ShippingEssar Shipping operates a diversified fleet of 15 vessels, including very large crude carriers (VLCCs), Capesize, Mini-capesize, Supramaxes...
- Detained vessel of Essar Shipping released by Singapore
Essar Shipping today said its vessel, detained by Singapore authorities, will sail out tomorrow following settlement of a dispute.
Rising shipping volumes bring cheer, but not many expect uptrend to lastShipment volumes, driven by an increase in iron ore import by China & economic recovery in US & Europe, saw a slight uptick in September.
- Great Eastern Shipping sells a suezmax crude carrier
Mumbai based Great Eastern Shipping Company has just sold its 1989 built suezmax crude carrier 'Jag Lakshya' of about 152,000 dwt. The comp...
- Dry bulk market enters 2010 on positive note
Dry bulk market started 2010 exactly as it began back at the beginning of 2009, with a bullish stance with renewed cargo interest. As a res...
- Falling dry-bulk rates claims a carrier
Ukraine's Industrial Carriers Inc, Marshall Islands-based company that is headquartered in Odessa, has filed for bankruptcy after it ran up...
- GE Shipping net up 31%
Great Eastern Shipping Company (GE Shipping) has posted a 31% rise in net profit at Rs 240.9 crore for the quarter ended March 31, 2007.
- Essar Shipping to buy 2 oil rigs for $400 m
Cyprus-based Essar Shipping & Logistics (ESLL) is set to acquire onshore and offshore oil drilling rigs from two companies in Norway and th...