Breakbulk News

Freight rates for capesize bulk carriers could come under pressure next week as lower cargo volumes due to holidays in China thwart shipowners efforts to push rates higher, ship brokers said. Read More »

Shipping firm Stolt-Nielsen reported third-quarter earnings below forecast on Thursday and said it remained worried by the expected influx of new product tankers in 2016 and 2017. Read More »

Australia on Wednesday cut its 2015 iron ore price forecast to $52.90 a tonne from $54.40 previously, citing rising supplies of the steel-making ingredient amid softer demand growth. Read More »

Japanese bulk carrier Daiichi Chuo Kisen Kaisha said it had filed for protection from creditors - the second shipper to do so this month - with analysts predicting more failures if the market for dry freight continues to slump. Read More »

Shares in Asian-listed commodity firms fell on Tuesday, after a plunge in trader Glencore PLC stock a day earlier unnerved resource sector investors already worried about weak demand from China. Read More »

Swiss grain trading group Ameropa said on Monday it would not go ahead with the sale of German malting barley trader Interbrau GmbH to French cooperative group Vivescia as conditions for the deal had not been met. Read More »

Danish shipping company Torm said it would withdraw from the lacklustre dry bulk shipping market after selling two vessels to an undisclosed buyer and handing back another leased bulker at the beginning of October. Read More »

StreamLines, a specialist carrier between Europe and the Caribbean and from the Caribbean, Colombia and Costa Rica to Europe, has appointed Scandinavian Shipping & Logistics as its agent in Norway, Denmark, Finland, Estonia, Latvia and Lithuania. Read More »

In October last year, bulk carrier CS Caprice was shipping a cargo of barley across the Mediterranean when it answered a call to help about 500 people who were drifting north of Libya without a skipper. A brewing storm threatened to capsize their tiny fishing boat. Read More »

Two kilometers out to sea, workers battle treacherous currents to build a huge dock capable of loading the largest iron ore ships on earth, a vital step as Brazil's Vale fights for dominance in a tumbling market. Read More »

Brazilian federal agricultural agents, many responsible for approving import and export shipments at the country’s ports, airports and border crossings, began a strike for higher wages and against proposed government budget cuts. Read More »

Stocks of dry bulk shipping companies up 4-9 pct, reflecting rise in Baltic Exchange’s main sea freight index Read More »

Chile’s Codelco said on Thursday it restarted its open-pit Andina mine located in the Andes mountains, as mining operations in the world’s top copper producer appeared to be unscathed after a powerful earthquake that struck off the coast overnight. Read More »

U.S. grain handler The Andersons Inc, long considered a takeover target in the agribusiness industry, named a vice president from larger rival Cargill Inc as its new chief executive on Wednesday. Read More »

The main west European Union wheat exporters face an uphill struggle to win sales against cheaper rivals in the Baltics and Black Sea regions, but a fall in French prices this week could boost sales, traders said on Thursday. Read More »

Iron ore exports to China from Australia's Port Hedland rose 15 percent to 33.9 million tonnes in August from July, as BHP Billiton and Fortescue Metals Group operated at maximum production rates despite a softening market, figures released on Thursday showed. Read More »

Rio sticks to forecast of 3 bln tons in iron ore demand by 2030; Rio sees 120 mln tons high-cost ore exiting market in 2015 Read More »

Ghana’s Cocobod has paid back a $1.7 billion loan it received from international lenders last year, its spokesman said on Tuesday, putting to rest fears of default by the regulator due to this year’s dismal harvest. Read More »

On June 22, 2015 UWL Brazil quickly and efficiently moved 54.400,000 tons of gypsum, a raw material that is commonly used in the creation of hotels and buildings, from the port of Garrucha to the Itaguai port, for the continued construction of the 2016 Rio de Janeiro Olympic games. Read More »

As of 1 September 2015, Edwin Lammers (41) will become head of the Breakbulk department at the Port of Rotterdam Authority. Read More »