Latest News for: Bulk vessels


Genco Stock Is a Good Bet as Rising Shipping Rates Help Boost Dividend

Market Watch 27 May 2023
Genco says that it now has the lowest cash-flow break-even rate among U.S.-listed dry-bulk shippers ... There are relatively few new dry-bulk vessels on order, as shippers deal with a hangover from overordering in the last boom cycle and the uncertainty around the shipping fuel and propulsion systems of a greener future.

Balamban shipyard to build 4 methanol-fueled bulkers

Sun Star 26 May 2023
(THICI) is building four methanol-fueled bulk carrier vessels for a US-based customer ... “We have received orders for four new Kamsarmax, the world’s first methanol-fueled bulk carrier ... The vessel, according to Seto, will have a length of 229 meters and a maximum width of 32 meters.

Baltic index logs worst week in 4 months as rates across vessels fall

Hellenic Shipping News Worldwide 26 May 2023
... dry bulk commodities, dropped 43 points, or 3.5%, to 1,172 points.

Later transition to import soft citrus in 2023?

Fresh Plaza 26 May 2023
There’s always a bit of uncertainty hanging over just when U.S. retailers will start the transition to imported soft citrus. “This year is no different,” says Mark Greenberg of Capespan North America. California ... “We’re not yet seeing a large-scale retailer transition to imported sources ... Peru ... The first bulk-loaded vessel from South Africa to the U.S.

Lessons learned: Low under keel clearance will cause increased drag forces on a vessel

SAFETY4SEA 25 May 2023
As the Nautical Institute reports, a loaded bulk carrier arrived at an anchorage off a busy port ... It became apparent that course made good was bringing the bulk carrier into a collision situation with an anchored vessel ... The bulk carrier nonetheless made contact on its starboard side with the other anchored vessel.

250km long oil spill detected in the Red Sea

SAFETY4SEA 25 May 2023
Environmental group SkyTruth is investigating a likely 250km long oil slick in Sudan waters, probably discharged from a moving vessel over several hours ... Out of 94 AIS vessel tracks transiting the region in the 12 hours preceding the slick, SkyTruth winnowed the potential sources down to 4.

After an hour and 16 minutes… the stranded ship was floating in the Suez Canal

The Eastern Herald 25 May 2023
The company said the vessel, Xin Hai Tong 23, is a bulk carrier with a length of 190 meters ... The company added that tugs were trying to raise the vessel, named Shen Hai Tong 23.

Pics: Shipping vessels regularly navigate in Suez Canal after refloating Hong Kong-flagged ship

Egypt Today 25 May 2023
Shipping vessels resumed navigation regularly in the Suez Canal after refloating the Hong Kong-flagged Bulk carrier Xi Hai Tong that ran aground in the canal at kilometer no ... The salvage took place over one hour and 16 minutes through three tugboats which towed the vessel to the Suez Anchorage Area in Ismailia.

Hong Kong-flagged vessel runs aground in Egypt's vital Suez Canal

The News-Gazette 25 May 2023
Suez Canal tugs are currently trying to re-float the vessel,” Leth said ... However, tracking data showed no shipping vessels moving around that area of the canal. Tracking data showed the vessel describing its condition as “not under command.” Tug boats surrounded it.

Hong Kong-flagged vessel briefly runs aground in Egypt's vital Suez Canal, later refloated

Gulf News 25 May 2023
However, tracking data showed no shipping vessels moving around that area of the canal when the ship was stuck. Tracking data showed the vessel, describing its condition as “not under command.” Tug boats surrounded it to get it refloated. The ship is a bulk carrier, which typically carries cargo.

Baltic Dry Bulk Index Ends Worst Day In Over Three Months

Hellenic Shipping News Worldwide 25 May 2023
The overall index, which factors in rates for capesize, panamax and ...

Hong Kong-flagged vessel briefly runs aground in Egypt’s vital Suez Canal, later refloated

Wtop 25 May 2023
Leth Agencies, which oversees traffic in the canal, had said that four other vessels were stopped in line behind it after it ran aground. The ship is a bulk carrier, which typically carries cargo.

Shipping in the Arctic faces foggy future as sea ice melts

The Observer 25 May 2023
As ice cover shrinks by about 14% each decade, sea traffic has increased over the past 20 years with more commercial fishing trawlers, bulk carriers, tourist cruise ships and other vessels ... marine mammals that are vulnerable to underwater noise and collisions with vessels.

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