New conveyor revolutionizes port export capabilities

18 April 2024 Cutting-edge infrastructure elevates Bundaberg's shipping potential (CW Group) Bundaberg Now informs of the inauguration of a transformative project at the Port of Bundaberg, where a new USD 21.9 million bulk goods conveyor is set to redefine export...

• Type: Article
• Category: Ports & handling

Baltic Index climbs amidst firming rates

18 April 2024 Market uptick resonates across vessel segments (CW Group) Hellenic Shipping News reports a rise in the Baltic Exchange’s main dry bulk sea freight index, bolstered by increased rates across all vessel categories, notably capesize reaching its highest...

• Type: Article
• Category: Markets & trade

US startups transforming toilet paper industry

18 April 2024 Circles, and Montage Ventures. Despite its sustainability, the company faces challenges such as carbon emissions from shipping bamboo from China to the US. However, efforts are underway to address this issue through carbon offsets and exploring local...

• Type: Article
• Category: North America

Industry giants eye valuation rebound

18 April 2024 market. COFCO Futures anticipates a continued decline in pulp arrival volume in the second quarter due to the prolonged shipping period, offering support to pulp prices. With Finland reducing production by 586,500 tons as of April 8, leading to an...

• Type: Article
• Category: Europe & Central Asia

Eureka Shipping announces cement carrier construction

17 April 2024 New cement carrier set to enhance Great Lakes cement operations (CW Group) Eureka Shipping, a partnership between SMT Shipping and the CSL Group, has commissioned Holland Shipyard Group to construct a 12,500 dwt cement carrier for operations in the...

• Type: Article
• Category: Equipment

Terminal operator's investment revamps efficiency

17 April 2024 decade, indicating a comprehensive approach to infrastructure enhancement. Key to these investments is the optimization of shipping costs through faster terminal operations, reducing demurrage charges. Enhanced security measures and capacity...

• Type: Article
• Category: Ports & handling

Iron Ore surges amid shipping declines and China stimulus hopes

17 April 2024 Market rally fueled by reduced shipments and economic expectations (CW Group) Hellenic Shipping News shares an increase in iron ore futures prices, reaching multi-week highs driven by diminished shipments and anticipation of additional stimulus...

• Type: Article
• Category: Markets & trade

New shipping season opens

17 April 2024 only available to paid subscribers.","link":"1"}]The Ports of Indiana-Burns Harbor has kicked off the 2024 international shipping season with the arrival of the M.V. Jamno, according to 953mcn.com. The bulk carrier embarked on its journey from The...

• Type: Article
• Category: Ports & handling

Storopack innovates with blade-free paper cushioning

17 April 2024 Revolutionizing packaging protection for sustainable shipping (CW Group) Packaging Europe shares Storopack's launch of the PAPERplus Classic CX, a blade-free paper cushioning system designed to revolutionize packaging protection and enhance...

• Type: Article
• Category: Europe & Central Asia

China considers cancelling European corn orders

16 April 2024 Supply pressure spurs domestic market response (CW Group) Hellenic Shipping News informs that China is contemplating the cancellation of corn shipments from Europe to alleviate pressure on its domestic market, following similar cancellations of...

• Type: Article
• Category: Markets & trade

HMM accelerates dry bulk growth

16 April 2024 Maritime Executive reports that HMM is intensifying its growth trajectory, unveiling plans to expand both its container shipping and dry bulk operations with the aim of doubling its size by 2030. HMM's strategy involves a significant investment to...

• Type: Article
• Category: Markets & trade

C3is expands bulk carrier fleet

16 April 2024 Acquisition boosts shipping portfolio (CW Group) Greek shipping company C3is has finalized a deal to strengthen its bulk carrier fleet, shares Splash247.com. The acquisition involves a handysize bulk carrier from Vafias dry arm Brave Maritime, backed...

• Type: Article
• Category: Markets & trade

Revolutionary bulk ship transformation unveiled

16 April 2024 ceremony for the "Manhadi" modification project took place on April 11, 2024. This ambitious project, spearheaded by AML Shipping and Synergy Marine, aims to transform the 105,000-ton post-Panamax bulk carrier into the pinnacle of efficiency and...

• Type: Article
• Category: Equipment & technology

Singapore port cargo surges in 1Q2024

16 April 2024 trade and commerce. With its strategic location and state-of-the-art facilities, the port remains a vital hub for the shipping industry, contributing significantly to the region's economic vitality and connectivity.[/PAID] Copyright CW Group. All rights...

• Type: Article
• Category: Ports & handling

Optimistic trends in bulk shipping markets

15 April 2024 Market insights: Capesize, Panamax, Ultramax/Supramax, and Handysize (CW Group) The dry bulk market, according to Hellenic Shipping News, has seen encouraging developments across various vessel categories. Capesize vessels experienced a fluctuating...

• Type: Article
• Category: Markets & trade

Berge Bulk & Emporos: Pioneering carbon offset voyage

15 April 2024 Enhancing sustainable shipping practices (CW Group) Berge Bulk, in collaboration with Emporos, achieves a significant milestone in maritime sustainability by completing a carbon offset voyage, sourcing from the Cordillera Azul REDD+ Project in Peru....

• Type: Article
• Category: Markets & trade

Bulk carrier soars in milestone event

15 April 2024 Major undocking achievement in bulk shipping industry (CW Group) [PAID={"id":"12,13,14","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]A significant development unfolded in the realm of maritime commerce as...

• Type: Article
• Category: Markets & trade

Jinhui Shipping embarks on shipping venture

15 April 2024 Jinhui Shipping enhances fleet through leasing initiative (CW Group) [PAID={"id":"12,13,14","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]In a maneuver aimed at bolstering its shipping capacity, Jinhui...

• Type: Article
• Category: Markets & trade

Dry bulk iron ore trends

12 April 2024 Insights into international shipping dynamics (CW Group) Dry bulk iron ore flows from Brazil to the Far East experience shifts in tonne-days growth, reflecting market fluctuations. According to Hellenic Shipping News, the first quarter saw adjustments...

• Type: Article
• Category: Markets & trade

Zhoushan COSCO's latest bulk carrier triumph

12 April 2024 content you tried to access is only available to paid subscribers.","link":"1"}]Eworldship shares Zhoushan COSCO Shipping Heavy Industry's completion of the fifth 63,600-ton bulk carrier, N1090, for Bocom Financial Leasing marking a significant...

• Type: Article
• Category: Equipment & technology