Bulk

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Groke Technologies welcomes Pyxis Ocean performance

Groke Technologies has welcomed the energy saving performance of the world’s first vessel fitted with BAR Technologies’ wind propulsion system WindWings®, which charterer Cargill said has achieved equivalent fuel savings of 3t per day.

US sanctions oil tanker for Iranian trade involvement

Bloomberg | March 18, 2024 | Energy | Maritime | Bulk

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Africa’s biggest freight rail market set for private operators

Africa’s biggest freight rail market is on the cusp of being transformed by private operators, the head of the operator of the continent’s largest rolling-stock fleet said.

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Cargill looks to roll out sails on cargo ships to burn less fuel

Bloomberg | March 13, 2024 | Maritime | Bulk

Commodities giant Cargill Inc. is looking to add wind-power capability on future cargo ships, after experimenting with sails that made a large vessel greener.

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Russia to bolster famed Eastern railroads as China trade booms

Russia’s growing trade with China has helped its economy withstand Western sanctions. Now Moscow is preparing to spend billions to upgrade its vast eastern railroads to speed up the burgeoning cooperation.

Ship hit and damaged in latest vessel attack near Yemen’s coast

Maritime

Bloomberg | Top Story | March 06, 2024

Ship hit and damaged in latest vessel attack near Yemen’s coast

A missile strike on a commercial ship in the Gulf of Aden resulted in fatalities, marking the first confirmed deaths of crew members since Houthi militants began a wave of attacks against commercial shipping in one of the world’s busiest sea lanes.

MOL and Petrobras signed a CTV time charter contract and MoU to start negotiations on newbuilding CTV

AJOT | March 06, 2024 | Energy | Maritime | Bulk

MOL and TLT signs long-term charter deal for newbuilding LNG carrier

AJOT | March 05, 2024 | Energy | Maritime | Bulk

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Port of South Louisiana sees back-to-back years of growth in tonnage

AJOT | March 04, 2024 | Maritime | Bulk | Ports & Terminals

Trend reversal leads to 10-million-ton increase in cargo for second largest tonnage port in the Western Hemisphere.

MOL Chemical Tankers completes acquisition of Fairfield Chemical Carriers

AJOT | March 04, 2024 | Maritime | Bulk

Fertilizer ship attacked by Houthis last month sinks in Red Sea

Bloomberg | March 02, 2024 | Maritime | Bulk

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Ports of Indiana ships 12.6 million tons of cargo in 2023

Ports of Indiana shipped 12.6 million tons of cargo in 2023, the second-highest tonnage in its 63-year history...

Russian oil tankers behave strangely after latest US sanctions

Bloomberg | February 27, 2024 | Energy | Maritime | Bulk

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Shortage of oil tankers at hand as Red Sea attacks divert trade

Bloomberg | February 26, 2024 | Energy | Maritime | Bulk

Longstanding warnings from the oil tanker industry that too few of the ships are being built are coming back to haunt the market after Houthi attacks on commercial shipping caused widespread diversions in global petroleum trades.

Houthi attack on ship led to ‘environmental disaster,’ US says

Bloomberg | February 24, 2024 | Maritime | Bulk

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Wilson Sons: 66% growth attending bulk carriers in Brazil through its shipping agency

AJOT | February 23, 2024 | Maritime | Bulk

With expertise in agribusiness and new clients, the company expands market share in segments such as soybeans, corn, wheat and barley...

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Tanker - Weekly Market Monitor from Signal

AJOT | February 22, 2024 | Energy | Maritime | Bulk

Snapshot of crude and product freight rates, supply-demand

LNG-bunkering vessel “Brassavola” carries out first bunkering service to bulk carrier

AJOT | February 20, 2024 | Maritime | Bulk

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Ukraine plans new Danube export route to beat Polish border spat

Ukraine said it’s planning an additional route via the Danube River to boost exports to pre-war levels as a spat with Poland over agricultural deliveries blocks a land border with the European Union.

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Twice-attacked commodity shipper to stop using the Red Sea

Bloomberg | February 14, 2024 | Maritime | Bulk

Commodity shipping company Star Bulk Carriers Corp. will no longer sail through the Red Sea after attacks on two of its ships by Yemen’s Houthi rebels since last week.