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North American freight volumes to continue sluggish growth 12 April 2012 been on the rise in the first quarter, rates are not rising to keep up with costs. Industry surveys of both shippers and carriers have indicated that sharp increases in rates are expected, but so far demand has not been strong enough to support rate... Type: Article Category: Shipping & logistics Shippers to face downturn as Chinese ore demand declines 09 April 2012 contract with STX Panocean Co., Ltd., Seoul, through a separate wholly-owned subsidiary, for one of its Panamax dry bulk carriers, the m/v "Mining Star" (to be renamed "Melia"), at a gross charter rate of $10,900 per day, minus a five percent commission... Type: Article Category: Shipping & logistics Vale Beijing to be inspected in South Korea 05 April 2012 $68.8 million, the company paid about $107 million for the ship, the eighth in a fleet of 35 of the biggest-ever iron-ore carriers that the company plans to build and operate. Copyright CW Group. All rights reserved. Unauthorized distribution expressly... Type: Article Category: Shipping & logistics China: Chenxi Shipyards to build deltamarin ships 05 April 2012 for fuel efficiency. ┬á (CW Group) Chengxi Shipyard announced that they have taken orders for the first B. Delta 37 bulk carriers reports Marine Link. ┬á The new ship will be built according to the specifications of China Navigation. Tianjin Xingang... Type: Article Category: Shipping & logistics Cochin Port cargo handling rate increases 03 April 2012 be commissioned in June. The new equipment will allow the port to offer ÔÇÿberthing on arrivalÔÇÖ services to large bulk carriers on Willingdon Island. Its warehouses are also being upgraded and provisions have been made for direct barge loading from... Type: Article Category: Ports & handling Diana Shipping buys Panamax bulker 01 April 2012 Company by the sellers in mid-April 2012. Excluding the aforementioned vessel our fleet currently consists of 26 dry bulk carriers (16 Panamax vessels, 8 Capesize vessels, 1 Post-Panamax vessel and 1 Newcastlemax vessel), as well as 1 new building... Type: Article Category: Shipping & logistics Tonasa purchases 11 vessels for cement unit 30 March 2012 Indonesian company buys bulk carriers for coal, barges for cement. ┬á (CW Group) Tonasa has bought 11 new vessels mostly for the use of its cement unit, reports Bisnis. ┬á The deal involves the investment of IDR1.26 trillion by signing three... Type: Article Category: Shipping & logistics Diana Shipping orders new ships 30 March 2012 Jiangnan Shipyard (Group) Co., Ltd for new ships reports Nasdaq. The company is ordering two Ice Class Panamax dry bulk carriers of around 76,000 dwt each. The contract price is $29 million per vessel. The company expects to take delivery of the vessels... Type: Article Category: Shipping & logistics Tonasa purchases 11 vessels for cement unit 30 March 2012 Indonesian company buys bulk carriers for coal, barges for cement. (CW Group) Tonasa has bough 11 new vessels mostly for the use of its cement unit, reports Bisnis. The involves the investment of IDR1.26 trillion by signing three cooperation... Type: Article Category: Equipment Portugal: Cimpor calls for lower port fees 24 March 2012 has stated that it will take the companyÔÇÖs concerns into consideration. The company has recently purchased two cargo carriers for 35.6 million euros. The company has increasingly focused its attention to the export markets as its domestic market sales... Type: Article Category: Markets & Competition Portugal: Cimpor calls for lower port fees 21 March 2012 has stated that it will take the companyÔÇÖs concerns into consideration. The company has recently purchased two cargo carriers for 35.6 million euros. The company has increasingly focused its attention to the export markets as its domestic market sales... Type: Article Category: Ports & handling CimporÔÇÖs Iberian exports see large increase 20 March 2012 has stated that it will take the companyÔÇÖs concerns into consideration. The company has recently purchased two cargo carriers for 35.6 million euros to help serve their clients in the Mediterranean.[/PAID] Copyright CW Group. All rights reserved.... Type: Article Category: Markets & Competition Japanese ship orders slide 20 March 2012 percent in December and 56.7 percent in January. Shipbuilders say they have received orders for 11 export ships nine bulk carriers, one general cargo vessel and one tanker in February. The 11 ships total 201,210 compensated gross tons. In the first 11... Type: Article Category: Shipping & logistics Colombia to build its first river coal port 19 March 2012 to transfer of both thermal and metallurgical coal from river barges originating from central Colombia to Capesize bulk carriers destined for foreign export markets. To accommodate the ships the access channel to the river port will be dredged to a... Type: Article Category: Ports & handling Great Lakes shipping resumes 16 March 2012 Michigan. Great Lakes operators moved 93.8 million tons of cargo in 2011, an increase of 5.7 percent. This winter saw carriers spend more than $75 million at Great Lakes shipyards and repair facilities to maintain and modernize their vessels for the... Type: Article Category: Shipping & logistics Hellenic Shipping 2011 earnings dip 15 March 2012 content you tried to access is only available to paid subscribers.","link":"1"}]Hellenic Carriers announced that its 2011 revenues went down to $33.2 million from $57.5 million as freight rates took a dive reports Sharecast. ┬á The companyÔÇÖs... Type: Article Category: Shipping & logistics Fednav Limited renews fleet 14 March 2012 of 37,200 DWT from the Ouhua shipyard inChina, to be delivered in 2012. Fednav has also ordered four 55,000 dwt bulk carriers for its long-standing Japanese partners, Sumitomo Corporation and Oshima shipyard. These ships were designed to navigate ice in... Type: Article Category: Shipping & logistics Vale hits full Omani iron pellet capacity 08 March 2012 to build a 1.4-kilometer-long, deepwater terminal, one of the first in the world capable of receiving very large ore carriers (VLOCs) with cargo capacities of 400,000 tons. It also announced an agreement with the Oman Shipping Company to build four... Type: Article Category: Ports & handling Maybulk Q4 profit declines 08 March 2012 content you tried to access is only available to paid subscribers.","link":"1"}] Malaysian Bulk Carriers Bhds (Maybulk) net profit for the fourth quarter has dropped 75.6 percent to RM16.4 million reports the Star. ┬á Revenue for the quarter slid to... Type: Article Category: Shipping & logistics Australia: Proposed Port Bonython project gains momentum 06 March 2012 hub by connecting it to global iron ore markets. The facility would be capable of servicing 180,000 tons bulk iron ore carriers and offer significant sea and rail export options to complement the mining boom. The project is also expected to generate... 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