Dry bulk freight news
BIMCO: dry bulk and tanker newbuild contracts 20% higher than 2016
According to BIMCO newbuild contracts have been signed for the dry bulk and tanker shipping industries at an increasing pace so far in 2017.
Genco Shipping & Trading records net loss of US15.6 million
Genco Shipping & Trading Ltd has reported its financial results for 1Q17.
Millennium Bulk Terminals-Longview reaches important milestone
“Today we are celebrating the completion of another strong step forward,” said Bill Chapman, President and CEO of Millennium Bulk Terminals-Longview.
Vortex shortlisted in SHAPA awards
Vortex Global Ltd has been shortlisted as a finalist for the Solids Handling and Processing Association Company of the Year Award.
Northern Railways signs MoU for the provision of freight capacity on Erdenet to Ovoot Railway
Northern Railways LLC (Northern Railways), entered into a Memorandum of Understanding (MOU) with MTGT LLC, the 100% owner of the Huren Chuulut Iron Ore Project.
Tight tonnage supply prompts surge in Asia dry bulk capesize rates
Key Asian routes are seeing surging freight rates for large capesize cargo vessels.
BNSF pays US$1 million environmental settlement
BNSF Railway is to pay US$1 million following polluted waterways allegedly caused by coal from the company’s open-topped rail cars.
PT Freeport Indonesia operations status update
Freeport-McMoRan Inc. has reported that its subsidiary, PT Freeport Indonesia (PT-FI), continues to seek approval from Indonesian authorities for the export of its copper concentrates.
Freightliner and British Steel collaboration delivers efficiency
Freightliner and British Steel’s Immingham Bulk Terminal and Ore Blending Plant have collaborated to improve the process flow, removing a massive bottleneck in the last stage of the supply chain feeding the steelworks.
Port of Vancouver USA whittles down CEO candidates
The selection process has narrowed the list of potential candidates down to three.