Dry cargo shipping news

The 5050 dwt dry cargo vessel has been fully developed by Thecla Bodewes Shipyards' in-house design team and marks the yard's sustainable building line following its strategic growth ambitions.

Port Houston has announced the award of US$25 million in grant funding received from the US Department of Transportation’s Maritime Administration (MARAD).

DeepSea said that vessel behaviour modelling is now a “solved problem”, as it delivers 99% accurate vessel modelling with EPS. Apparently, weekly fuel consumption forecasting with good data is now accurate to within 1%.

According to the Association of American Railroads (AAR) total US weekly rail traffic was 516 743 carloads and intermodal units, up 6.6% compared with the same week last year.

Thordon Bearings has delivered its COMPAC water-lubricated propeller shaft bearing solution to the final vessels in a series of three new bulk carrier newbuilds scheduled to join a fleet of Canadian lakers.

The 5100 dwt vessel was named Spiken, and the naming ceremony was performed by Godmother Susana Paulo accompanied by representatives from the yard, MF Shipping Group and Erik Thun Group.

Globus Maritime Ltd has announced that it has signed, through two separate wholly owned subsidiaries, memoranda of agreement to acquire two Kamsarmax scrubber outfitted dry bulk vessels.

King Willem-Alexander of the Netherlands and the King of Belgium Philippe jointly opened the New Lock in Terneuzen, the Netherlands.

The Baltic Exchange provides an update on the Dry Bulk markets for Week 41.

RightShip said the update in the age trigger of inspections aims to support improvement of the safety standards of an ageing global fleet.