Tag: dry bulk shipping

BIMCO has published an article including analysis of current demand and supply in the dry bulk market highlighting that markets are slowly improving from a very low level as the demand side falters.

Loss Prevention bulletin by West of England P&I Club The West of England P&I Club issued a Loss Prevention Bulletin on the carriage of soya beans in bulk which contains guidance on the characteristics of soya beans as well as the various precautionary measures that should be taken to help achieve a sound outturn of this cargo.Although the Loss Prevention Bulletin has been prepared with the soya bean trade from South America to the Far East in mind, the key provisions also apply to shipments of soya beans in general.This cargo must be carried in accordance with the requirements of the latest edition of the IMO International Convention for the Safe Carriage of Grain in Bulk (the Grain Code).Cargo ClaimsSoya bean claims arising at the discharge port often involve allegations of deterioration and/or contamination. If correct, the condition of the cargo may have been affected by:Decomposition, self-heating, mould growth and/or caking due to the beans having an excessive moisture contentContamination with foreign matter prior to loadingContamination with the residues of previous cargoes, paint flakes and/or rust from the cargo holdsSweat (ie condensation) damageWater ingress from non-weathertight hatch covers, bilge lines and/or leaking ballast tanksHeat damage to cargo in the vicinity ...

Following the liquefaction of Bulk Jupiter's bauxite cargo, steps are being taken to increase awareness of the nature of bauxite

The Skuld P&I Club has issued a loss prevention article regarding the carriage of organic bulk grain cargoes

Loss prevention advice The Skuld P&I Club has issued a loss prevention article regarding the carriage of bulk grain cargoes. Cargoes of bulk grain typically consist of bulk cereals, oilseeds and the value added products and by-products yielded from the processing of both cereals and oilseeds. Cereal grains frequently shipped in bulk or break bulk include rice, wheat, maize (corn), oats, barley, millet, sorghum and rye.These grains can have end uses in both the food and animal feed sectors. For example, while white maize tends to be used for human consumption, yellow maize will in most cases be used as animal feed. Most poultry farmers include a high percentage of yellow maize in chicken feed as the pigments in yellow maize contribute to the yellow colour of the egg yolk. The quality parameters in bulk cereal grains, including broken grains and foreign matter, will differ depending on whether they are intended to be used for food production or animal feed.Please click on the article below to learn more about the safe carriage of bulk grain cargoes:Also read :Carriage of organic bulk grain cargoesSource: The Skuld P&I Club

According to BIMCO, the monthly average for the first six months in 2015 is 3.3m DWT. In 2014 the first half year averaged at 1.33m DWT per month

According to BIMCO, starting the year at index 771 the BDI bottomed out at 509 on 18 February 2015.LOWEST FLEET GROWTH IN 10 YEARS MAY NOT PROVE ENOUGH AS DEMAND QUICKLY EVAPORATES

The UK P&I Club issued an advisory on the carriage of bitumen/asphalt rock or natural bitumen/asphalt

According to BIMCO, the fourth quarter of 2014 was hugely disappointing, ending in complete despair

Strong trade growth are expected to lead to a recovery in dry bulk shipping rates later in 2015