Dry Bulk Freight

China’s COFCO makes painful cuts in drive to lead global food trade

China’s COFCO makes painful cuts in drive to lead global food trade

Published 12/01/2018

FILE PHOTO: The company logo of China Oil and Foodstuffs Corporation (COFCO) is seen at its headquarters in Beijing, China, November 3, 2016. REUTERS/Thomas Peter/File [more…]

Cyber threats prompt return of radio for ship navigation

Cyber threats prompt return of radio for ship navigation

Published 07/08/2017

The risk of cyber attacks targeting ships' satellite navigation is pushing nations to delve back through history and develop back-up systems with roots in World War Two radio technology. [more…]

Low water still hampers Rhine and Danube shipping in Germany

Low water still hampers Rhine and Danube shipping in Germany

Published 17/07/2017

June 30, 2017 - A general view shows The Rhine Tower (Rheinturm) on the Rhine river in Duesseldorf.

Water on the Rhine and Danube in Germany remains shallow and cargo vessels cannot sail fully loaded, traders said on Monday.

[more…]

South Korea to extend subsidy on some egg imports as bird flu hits local output

South Korea to extend subsidy on some egg imports as bird flu hits local output

Published 27/02/2017

A South Korean health official disinfects a vehicle to prevent spread of bird flu in Pohang, South Korea, December 19, 2016. Choi Chang-ho/News1 via REUTERS

South Korea is extending a scheme to subsidize up to half the cost of importing eggs by sea for another two months until the end of April, as it grapples with a shortfall in local supply in the wake of its worst-ever bird flu outbreak.

[more…]

Barge glut chokes U.S. shipping sector despite record harvest

Published 23/02/2017

A glut of idled river barges is clogging Mississippi River shorelines from St. Louis to New Orleans, leaving U.S. barge companies that haul grain, coal and other bulk goods counting their losses.

[more…]

All Hanjin Shipping chartered vessels to be returned to owners after unloading: judge

All Hanjin Shipping chartered vessels to be returned to owners after unloading: judge

Published 19/09/2016

A Hanjin Shipping Co ship is seen stranded outside the Port of Long Beach, California, September 8, 2016. REUTERS/Lucy Nicholson/File Photo

All Hanjin Shipping Co Ltd (117930.KS) chartered vessels that have completed unloading their cargo have been told to cancel their charter agreements and return the ships to the shipowners, a South Korean judge said on Monday.

[more…]

Singapore Strait collision sinks freighter- six crew still missing

Singapore Strait collision sinks freighter- six crew still missing

Published 17/12/2015

SINGAPORE Six crew members are still missing after a general cargo freighter sank in the Singapore Strait following a collision with a chemical tanker at [more…]