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Canada invests in top mineral port expansion 31 May 2024 north shore of the Gulf of St. Lawrence, the Port of Sept-Îles boasts facilities to accommodate the world's largest bulk carriers, contributing significantly to the region's economy. The funds will support infrastructure improvements, marine towing... Type: Article Category: Ports & handling Greek Shipmanager's bulk carrier deal makes waves 31 May 2024 expands fleet with Kamsarmax duo (CW Group) Greek owner Veritas Shipmanagement has secured an order for two kamsarmax bulk carriers from Chinese shipyard Hengli Heavy Industries in Dalian, informs Splash247.com. The vessels, with a capacity of 82,000... Type: Article Category: Markets & trade FESCO's bold move to bolster bulk carrier fleet 31 May 2024 FESCO transport group, according to PortNews IAA, is set to enhance its fleet with the addition of 8 bulk carriers in 2024. Nikolai Chvertko, director of FESCO PJSC in Vladivostok, revealed this plan during the Maritime Congress - Far East. These bulk... Type: Article Category: Equipment & technology Precious Shipping's new orders 30 May 2024 Four ultramax bulk carriers from Taizhou Sanfu Ship Engineering (CW Group) Thai shipowner Precious Shipping has ordered four new 63,500 dwt ultramax bulk carriers from Taizhou Sanfu Ship Engineering in China, set for delivery in 2026 and 2027. This... Type: Article Category: Markets & trade Sustainable packaging initiative 30 May 2024 Coca-Cola bottler adopts paperboard carriers for eco-friendly packaging (CW Group) Liberty Coca-Cola Beverages in Philadelphia has introduced recyclable paperboard carriers for multipack drinks, informs NBC Philadelphia. This move is expected to... Type: Article Category: North America Bulk carriers navigate Panama Canal logjam 29 May 2024 Navigating Panama's bulk carrier bottleneck (CW Group) Capacity reductions in the Panama Canal are causing significant disruptions to the dry bulk market, impacting transit numbers and cargo volumes, according to BIMCO shipping analyst Filipe Gouveia.... Type: Article Category: Shipping & logistics Neptune upgrades fleet connectivity 28 May 2024 Neptune Group partners with Navarino to deploy Starlink on car and bulk carriers (CW Group) Neptune Group, based in Greece, is embarking on a comprehensive upgrade of its fleet's communication systems by rolling out the Starlink satellite... Type: Article Category: Equipment & technology ASCO expands cargo fleet 28 May 2024 from ASCO's internal resources. With a carrying capacity of 38,593 tons, the "Khojaly" outclasses existing ASCO bulk carriers. The vessel measures 180 meters in length, 30 meters in width, and 15 meters in height, with a draft of 10.47 meters and a top... Type: Article Category: Equipment & technology Egypt's fleet expansion 28 May 2024 bulk carrier, for approximately USD 39 million. This acquisition follows NNC’s order last month for two similar-sized bulk carriers from Jiangsu Hantong Ship Heavy Industry, scheduled for delivery in 2026. In November, NNC purchased a newbuilding from... Type: Article Category: Equipment & technology MOL's ambitious wind propulsion plans 27 May 2024 intention to install its self-developed Wind Challenger hard sail on an additional seven dry bulk and multipurpose (MPP) carriers. Additionally, MOL is exploring the possibility of installing Anemoi's Rotorsail alongside the Wind Challenger on some of... Type: Article Category: Equipment & technology Methanol dual-fuel bulk order 23 May 2024 (CW Group) Lemissoler Navigation, based in Cyprus, has signed a contract for up to eight methanol dual-fuel ultramax bulk carriers with Huangpu Wenchong Shipbuilding, affiliated with CSSC in Guangzhou, reports Splash247.com. The agreement includes four... Type: Article Category: Markets & trade LR and Shandong Marine strengthen collaboration for green shipping 22 May 2024 in pursuing energy transition opportunities, writes Seatrade Maritime. SDMG, boasting a diverse fleet comprising bulk carriers, and gas carriers, operates China's largest bulk carrier fleet and is actively transitioning towards green energy solutions.... Type: Article Category: Markets & trade Bulker trials cut emissions 21 May 2024 prototype have reported a significant average reduction in CO2 emissions of 17.3 percent across voyages involving two bulk carriers chartered to CBH Group, according to Splash247.com. During the trials in March and April 2024, the bulk carriers Gerdt... Type: Article Category: Shipping & logistics LNG dual-fuel bulker launched 21 May 2024 chemical tankers, and two 155,500-ton dual-fuel oil tankers. The launch of Mount Ossa follows the delivery of other bulk carriers in the series, including Mount Cook, Mount Tai, and Mount Ararat. Recently, EPS celebrated its 200th ship-to-ship bunkering... Type: Article Category: Equipment & technology Ammonia bunkering in Pilbara 20 May 2024 This collaboration could establish a new Australian business using locally-produced low-emissions ammonia to refuel bulk carriers. The MOU outlines their commitment to demonstrating the feasibility of supplying low-emissions ammonia as a bunker fuel... Type: Article Category: Markets & trade Wenzhou port's bulk berth milestone 16 May 2024 berths, with a total length of 1,170 meters and a land area of 818 mu. Designed to accommodate 150,000-ton bulk carriers, these berths are expected to handle an annual throughput capacity of 22.92 million tons, bolstering Wenzhou Port's capabilities as... Type: Article Category: Ports & handling Navios Partners expands fleet with Chartered Kamsarmaxes 15 May 2024 Navios Maritime Partners acquires four bulk carriers (CW Group) Navios Maritime Partners, led by Angeliki Frangou, has bolstered its fleet with the acquisition of four chartered-in kamsarmax bulk carriers, writes Splash247.com. The New York-listed... Type: Article Category: Markets & trade New wood pellet-powered ship 15 May 2024 NYK Line and partners to pioneer biomass-fuelled vessel (CW Group) In a pioneering move, NYK Line, NYK Bulk & Project Carriers, Tsuneishi Shipbuilding, and Drax Group have joined forces to develop the world's first wood pellet-powered ship, according to... Type: Article Category: Equipment & technology Marine carbon capture breakthrough 15 May 2024 to rise as the island's industries expand. This milestone paves the way for broader adoption, with plans to equip new bulk carriers with the system by 2025. The ongoing collaboration between relevant companies aims to further innovate and standardize... Type: Article Category: Markets & trade Genco Shipping’s first quarter financial insights 14 May 2024 USD 10 million in dry dock costs. Currently, the company's fleet comprises 16 capesize, 15 Ultramax, and 12 Supramax bulk carriers, with a total shipping capacity of approximately 4.49 million deadweight tons and an average ship age of around 11.8... 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