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Contracts

Ship Operators Climb Aboard Higher Dry-bulk Rates

Charter rates for capesizes have risen 50 percent from lows in mid-September. Rates have risen because of increasing demand as well as customers having to pay more to persuade shipowners to take their vessels out of…

Shipbuilding

China Shipbuilder Delivers Handymax Bulker

COSCO Corporation (Singapore) announce subsidiary COSCO (Zhoushan) Shipyard has delivered a bulk carrier. Asian Triumph , a 57,000 dwt dry bulk carrier of 189.99 meters LOA, 32.26 meters in breadth and 18 meters in…

Shipbuilding

China Shipyards Deliver Three Bulk Carriers

COSCO Corporation (Singapore) announce deliveries of three bulk ships from its shipyards in China. Subsidiaries of the Company’s 51% owned COSCO Shipyard Group Co., Ltd have made the following deliveries: COSCO…

Contracts

China Shipyard Wins Four Bulkship Orders

Jiangsu New Yangzijiang Shipbuilding has been contracted to build four 82,000 dwt bulk carrier orders for Hong Kong owner Everbright Metal. Each ship will have a length of 229 m (751 ft) breadth of 32.26 m (106 ft) and…

Bulk Carriers

Great Lakes Coal Carrier Aground

US Coast Guard responds to grounding of 1000-ft long freighter hard aground in downbound channel of St. Mary's River. The vessel is carrying approximately 62,000 tons of coal. The motor vessel Paul R. Tregurtha , owned…