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CAPESIZE VESSELS
Dry-Bulk shipping rates extend decline as capesize demand coolsThis decline is attributed to cooling demand in larger vessel segments, particularly Capesizes, despite a strong first half of the year. An...- Dry-bulk shipping rates hit two-year high on capesize demandThis rise is attributed to increased demand for Capesize vessels, tightening ship supply, and disruptions in iron ore exports. The conflict...
- Great Eeastern Shipping to sell its 2003-built medium-range tanker Jag PankhiGreat Eastern Shipping Company Limited is selling its medium-range tanker Jag Pankhi. The company also agreed to sell its medium-range tank...
- GE Shipping delivers LPG vessel 'Jag Vishnu' under major fleet overhaulThe Great Eastern Shipping Company Limited has delivered its 2002-built LPG vessel 'Jag Vishnu' to buyers as part of its fleet modernizatio...
- Tata Steel first Indian firm to use LNG powered Capesize carrier for raw materialIn an initiative to lower the company's Scope 3 carbon footprint, the steel major imported 1,65,700 metric tons of coal from Australia's Gl...
- 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...
- 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.
- JSW Infra commissions new 18 MTPA iron ore terminal at Paradip portBuilt at an investment of Rs 750 crore, the company will operate the terminal for the next 30-years as part of its build, operate, and tran...
- Odisha's Gopalpur port receives its first capesize vesselGopalpur Port has undertaken an expansion programme which amongst other things entailed dredging of the channel to enable it to receive lar...
- 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...
- Gangavaram Port sets a record on steam coal handlingGangavaram Port today said it has crossed a milestone by discharging a record 1,12,599 metric tonnes of steam coal from an ultra large carg...
- Fashion app Voonik secures $5 million Series A funding from Sequoia Capital, SeedfundThe company said in a statement that the funding will enable Voonik to enhance their personalisation and style recommendation technology.
- 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...
- 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.
- Government holds the cards for shipping industry turnaround: BimcoWithout the political responsibility, will and decisiveness, the prospect for a recovery is bleak, says Baltic and International Maritime C...
- Shipping assets plunge unparalleled: HSBCA plunge in the price of ships as assets, caused by a collapse in global growth just after owners had placed record orders for new vessels,...
- Falling dry-bulk rates claims a carrierUkraine's Industrial Carriers Inc, Marshall Islands-based company that is headquartered in Odessa, has filed for bankruptcy after it ran up...
- New age ports along east coast likely to transform exim tradeThe advent of a couple of state-of-the-art technology ports across east coast with rail linkages to mineral-rich regions in their backyard ...
- ADAG charts $1.2 bn foray into shippingThe co has appointed international brokers to work out finer details. Shipping yards in China, Japan and Korea are to be tapped for ship bu...
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