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Star Bulk reports bottom damage to one of its vessels 05 March 2012 The incident occured when entering the port of Eregli, Turkey. ┬á ┬á (CW Group) Star Bulk Carriers Corp. today announced that one of its vessels, the STAR POLARIS, sustained bottom damage when entering the port of Eregli, Turkey. Following a survey of... Type: Article Category: Equipment & technology Japan: JFE, IHI merger seen to generate synergies 05 March 2012 this, it will speed up development of fuel-efficient and cost-competitive ships, focusing on container vessels, bulk carriers and oil tankers. The new company will continue purchases from Nippon Steel Corp. and JFE Steel Corp., aiming to win larger... Type: Article Category: Shipping & logistics Cosco secures contracts for seven bulk carriers 29 February 2012 two contracts and four option contracts from another European company to build a total of six units of 64,000 dwt bulk carriers with eco-friendly and fuel-efficient designs. The two contracts will become effective following approval from the... Type: Article Category: Shipping & logistics Malaysian Bulk 2011 profits shrink 29 February 2012 Company expects industry downturn to continue. (CW Group) Malaysian Bulk Carriers Bhd's (MBC) pre-tax profit for 2011 fell to RM94.803 million reports B-Times. The companyÔÇÖs revenue dropped to RM256.309 million mainly due to weak freight market and... Type: Article Category: Shipping & logistics Vale to invest in new iron mines 29 February 2012 it is in talks with countries around the world, including Japan and South Korea, to dock its fleet of Valemax giant ore carriers. The company adds that it hopes to continue maximizing output even when supply becomes more balanced in future. The company... Type: Article Category: Markets & trade BDI to hit two decade low 28 February 2012 closed markets in the country for a week in January, sapping cargo demand and worsening a glut of dry-bulk commodity carriers. Earnings for the global fleet of more than 9,000 ships reached all-time lows on some routes this month as new-vessel numbers... Type: Article Category: Shipping & logistics Star Bulk Carriers to sell capesize vessel 27 February 2012 Enters into an agreement to sell the Star Ypsilon. ┬á (CW Group) The Ypsilon is a 150,940 dwt Capesize vessel, built 1991, and will be sold to a third party for a contracted sale price of $9.12 million. The Company plans to deliver the vessel to the... Type: Article Category: Shipping & logistics Vale seeks to enter Australian market 27 February 2012 earlier invested in a fleet of Valemax ships to be able to send its iron ore to China more cheaply, by buying seven ore carriers from South Korean manufacturers.┬á The first of these ships was delivered in 2011. Bt they have been banned from Chinese... Type: Article Category: Markets & trade Jefferies reiterates 'hold' on DryShips 26 February 2012 of ultra-deep water drilling rigs. As of April 6, 2010, the Company owned, through its subsidiaries, a fleet of 39 drybulk carriers consisted of seven Capesize, 28 Panamax, two Supramax vessels and two Panamax newbuilding vessels, which have a combined... Type: Article Category: Shipping & logistics Diana enters into time charter for EDF Trading 26 February 2012 Agreement foor one of its Panamax dry bulk carriers, the m/v "Coronis"; completes loan draw-down. ┬á (CW Group) The gross charter rate is US$10,600 per day, minus a 5% commission paid to third parties, for a period of about twenty-one (21) months to... Type: Article Category: Shipping & logistics Vale to shift to spot pricing 23 February 2012 it cautioned that a solution will take time. The company says that many Chinese ports can already handle the mega dry bulk carriers adding all thatÔÇÖs left is to settle issues on adjusting licenses. The company also unveiled its back up plan in the... Type: Article Category: Shipping & logistics Star Bulk Carriers' revenues falls 15% 16 February 2012 Dy bulk cargo shipper hit by market weakness. ┬á (CW Group) Star Bulk Carriers, a global shipping company focusing on the transportation of dry bulk cargoes, today announced that its Board of Directors declared a cash dividend of $0.015 per outstanding... Type: Article Category: Shipping & logistics Shipping markets seen to continue slide 16 February 2012 declined 26 percent in the past year. The Baltic Dry Index fell 41 percent over the same time. The global glut in bulk carriers is expected to force ship owners to scrap some of their older ships leading to a slight recovery in freight rates next year.... Type: Article Category: Shipping & logistics Brazil and China conduct talks on Valemaxes 15 February 2012 wasnÔÇÖt involved in helping the company secure access. Vale, is spending at least $8.1 billion buying 19 very large ore carriers and leasing another 16 in long-term contracts, as it seeks lower freight costs from Brazil to China. The standoff is part... Type: Article Category: Shipping & logistics India: Essar Shipping puts fleet on long term charter 14 February 2012 to avoid spot market volatility ┬á (CW Group) Essar Shipping announced that it has pulled back its two very large crude carriers (VLCCs) from the spot market to long term contract for better yields reports Hindu Business Line. ┬á The move means that the... Type: Article Category: Shipping & logistics Excel Maritime enters into charter agreement 13 February 2012 Enters into four new period charter agreements for four of its Kamsarmax vessels. ┬á (CW Group) Excel Maritime Carriers , an owner and operator of dry bulk carriers and an international provider of worldwide seaborne transportation services for dry... Type: Article Category: Equipment & technology Vale uses Logmarin for largest floating bulk terminal 13 February 2012 where it will operate as a platform for the transhipment of iron ore cargoes from ValeÔÇÖs 400,000 dwt valemax ore carriers into capesize vessels for on carriage to markets in Asia. Logmarin assisted Vale by devising and supervising the detailed design... Type: Article Category: Equipment & technology Diana takes delivery of Newcastlemax bulker 08 February 2012 on February 6, 2012 it entered into a time charter contract with EDF Trading Ltd., London, for one of its Panamax dry bulk carriers, the m/v "Thetis", at a gross charter rate of US$10,500 per day, minus a 5% commission paid to third parties, for a... Type: Article Category: Shipping & logistics Valemax ships remain banned in China 06 February 2012 in over 25 years. The China Shipowners Association has steadfastly opposed the arrival of ValeÔÇÖs new massive iron ore carriers last year, fearing that the ships will help Vale to monopolize the iron ore trade between Brazil and China. The vessels are... Type: Article Category: Shipping & logistics D/S Norden A/S hires ship a zero cost 06 February 2012 the Panama Canal, rose 1.9 percent to $5,509 a day, the first gain since Dec. 19. Capesizes (BCAVRT), the biggest iron-ore carriers, slid 1.1 percent to $5,251, extending an 84 percent decline since mid-December. Supramaxes fell for a 47th consecutive... Type: Article Category: Shipping & logistics 19 20 21 22 23 24 25 26 27 28 Results 461 - 480 of 623 Free NEWSLETTER Please enable the javascript to submit this form FREE SIGN-UP MARKET DATA Vietnam 23 March VIEW Turkey 23 March VIEW Taiwan 23 April VIEW Russian Federation 23 May VIEW Lebanon 23 February VIEW China 23 May VIEW Turkey 23 February VIEW READ MORE MARKET DATA Sign in Don't have any account? 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