Tag: dry bulk shipping

BIMCO is now calling on shipping companies to participate in its new vetting system

Dangers regarding bulk cargoes that may have a potential for liquefaction The International Association of Dry Cargo Shipowners (Intercargo) again reminds all stakeholders of the continued dangers associated with the carriage of bulk cargoes that may have a potential for liquefaction.The recent capsize and sinking of the Bahamas flag Bulk Jupiter in the opening days of January, with the loss of 18 of its 19 crew, may again prove to be yet another casualty statistic in the long list of bulk carrier losses caused by cargo liquefaction. The ship had reportedly loaded a cargo of Bauxite at Kuantan, Malaysia.In any such incident, our first thoughts will always be with the families of the crew members that have lost their lives and Intercargo welcomes a swift and thorough investigation into this tragic incident, so that the causes can be established and lessons learned. It is only by addressing the root cause of shipping casualties directly that we can help ensure the safety of crews and ships.Intercargo has repeatedly expressed concern over the need for increased care and vigilance when bulk cargoes that have the potential for liquefaction are to be carried, and has achieved success through IMO towards improved testing and ...

How will lower bunker prices affect the substantial overcapacity in the dry bulk market

The rates have struggled all year to beat last years' performance, and failed miserably to do so beyond Q1, with the exception of Capesizes

The increases in Brazilian iron ore exports opens up great prospects for dry bulk shipping, in particular the Capesize segment

According to BIMCO, the slowdown in Chinese industrial production growth ads to the existing concerns that China is going through challenging times

Despite weak freight rates so far this year, Dry Bulk shipping earnings are forecast to recover as demand for both major and minor bulk commodities rises

With reference to the test standards established in IMSBC Code on cargo ships flying UK Flag, UK Government has notified ClassNK of Marine Guidance Note

BIMCO: Analysis on Dry Bulk Shipping

Newport Shipping UK released it's Dry Bulk Market Outlook for the second quarter of 2014.