Baltic Sea Freight Index Rises as Capesize Rates Gain 29% for …
Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes such as iron ore and coal, were up $3,834 at $24,209. ... As a result, most major airlines and air cargo carriers have canceled flights in and out of PVG. With few logical geographic alternatives to PVG, cargo backlogs continue to mount. ...
Mega ore carrier docks in SE China's Fujian | The 400,000-tonne ore …
The 400,000-tonne ore carrier "Yuan Yi Hai" docked at the Luoyu operating area in Meizhou Bay of southeast China's Fujian Province on Jan. 16, 2024. It's...
Bulk Ship Classes | Port Economics, Management and Policy
Very large ore carriers (VLOC) with a unit capacity of 380,000 to 400,000 DWT and about 360 meters in length overall (LOA). The ships are owned or chartered by the mining company Vale (Brazil) and deployed on the iron ore trade route between Brazil and Europe, and Asia. ... It was not until 2006 when a 150,000 m 3 vessel entered the market. In ...
Slipping Rates Drag Baltic Dry Index To Fresh 2.5 …
Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes such as iron ore and coal, were down $410 at $5,684. The panamax index was down 13 points, or about 1.2%, …
Understanding Design Of Bulk Carriers
O/O Carriers: Ore and Oil carriers can carry a combination of ore and oil in the same voyage. These vessels need to comply with special codes that are to be followed for containment and transportation of oil at sea. VLOC: Very Large Ore Carrier. VLBC: Very Large Bulk Carrier. ULOC: Ultra Large Ore Carrier. ULBC: Ultra Large Bulk Carrier.
Weaker capesize rates push Baltic index lower
Average daily earnings for capesize vessels, which typically transport 150,000-tonne cargoes carrying commodities such as iron ore and coal, fell $466 to $22,447. Iron ore futures rebounded as risk-off sentiment hurt by Chinese intervention last week eased, while low inventories amid rising stockpiling needs, improving steel margins …
Baltic Dry Index Logs Biggest Fall In A Month
Average daily earnings for capesize vessels, which typically transports 150,000-tonne cargoes such as iron ore and coal, decreased $2,910 to $26,941. ... Demand for New Car Carriers Surges on ...
CSSC BSIC successfully delivered the 325,000 DWT ore carrier
On January 9, the 325,000 DWT ore carrier No. 9 was built by Qingdao Beihai Shipbuilding Heavy Industry Co., Ltd. ... The ship repair area has the largest and longest 300,000-ton ship repair dock in China, a 150,000-ton ship repair dock, and a 100,000-ton floating dock, equipped with a 500-ton gantry crane. ...
Baltic dry bulk index doubles in November on robust vessel …
Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes such as iron ore and coal, increased $4,885 to $46,681. "During the rest of 2023 and in 2024, average freight rates may remain close to those seen so far in 2023 or marginally improve," BIMCO's chief shipping analyst Niels Rasmussen said in a quarterly …
Dry Bulk Vessel Rates on the Rise
Average daily earnings for capesize vessels, which typically transport 150,000-ton cargoes such as iron ore and coal, increased by $197 to $20,538. ... Bulk Carriers • Dry Bulk. Related News.
Onslow Iron's first transhipper launched
Once ready for discharge, the ore drops onto conveyors that feed a loading boom into capesize bulk carriers. MinRes Managing Director Chris Ellison said: "The successful launch of our first transhipper, MinRes Airlie, is a significant milestone in the development of our Onslow Iron project, which is set to redefine mining in Western …
Bulk Carrier Ship Sizes | HandyBulk
Panamax Bulk Carriers will still be the common vessel for coal and grain for years to come. Most Handysize Bulk Carriers are built with seven (7) Cargo Holds. The maximum ship dimensions allowed: Length Width Draft. Panamax 294.13 m 32.31 m 12.04 m. Neo Panamax 366 m 51.25 m 15.2 m.
Omani mega ore carrier to be wind-powered
Fuel efficiency was up 8 per cent, while CO2 emissions per vessel were 3,400 tonnes per annum, prompting the Brazilian miner to pledge to retrofit 40 per cent of its ore carriers with rotor sails, aimed at achieving a 1.5 per cent reduction in its annual iron ore maritime transport emissions.
Bulk carrier types: Ore carriers, OBO ships, Self …
Ships that are designated as ore carriers have to be strengthened by class standards. In a seaway these ships tend to be stiffer due to the high density of ore cargoes. Typical dimensions of a large ore carrier are: LOA 340 …
Strong Vessel Demand Lifts Baltic Dry Index To Second
Average daily earnings for capesize vessels, which typically transport 150,000-tonne cargoes carrying commodities such as iron ore and coal, gained $817 to $22,913.
Baltic Dry Index Soars to 18-Month High on Capesize Surge
* Average daily earnings for capesize vessels, which typically transport 150,000-tonne cargoes carrying commodities such as iron ore and coal, gained $7,140 …
Capesize Bulker Rates See Best Day In Over Two Years
Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes such as iron ore and coal, rose$1,382 to $3,887. ... Bulk Carriers. Related News. 29 Mar 2024.
Classification Of Dry Bulk Carriers
Standard bulk carriers of this class have a carrying capacity of 150,000 – 175,000 tonnes (DWT) and are used primarily for the transport of coal and iron ore. Later, larger vessels with a deadweight of more …
The Largest Ships in the Huge Iron-Ore Trade | Wolf …
Because here is what can happen: The Brazilian port of Ponta da Madeira – which is operated by Vale SA, the Brazilian mining …
Baltic index up on firm demand across all vessels | Reuters
* Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes such as iron ore and coal, rose $1,239 to $15,258.
Weaker Capesize Rates Push Baltic Dry Index Lower
Average daily earnings for capesize vessels, which typically transport 150,000-tonne cargoes carrying commodities such as iron ore and coal, fell $466 to $22,447.
Biggest Soviet Ore‐Carrying Vessel Making Her Maiden …
USSR's largest ore-carrying ship, 50,000-ton Zoya Kosmodemyanskaya, sets out on maiden voyage from Black Sea harbor Ilyichevska to Japan; vessel's construction in USSR indicates trend in growth of ...
Characteristics of bulk carries
Usually they have deadweight over 150,000 tons. There are ore carriers with deadweight up to 400,000 tons. Such vessels are highly specialized: Coal and ore account for 93% of the cargo they carry. These vessels …
COMPUTER-CONTROLLED CARGO AND NAVIGATION SYSTEMS ON A 150,000-TON …
COMPUTER-CONTROLLED CARGO AND NAVIGATION SYSTEMS ON A 150,000-TON D.W. ORE/OIL CARRIER. This article describes a highly automated, computer-controlled ore/oil carrier, with functions such as navigation, cargo and ballast operations, and medical diagnosis for crew personnel all controlled by a computer. The vessel's machinery has …
COMPUTER-CONTROLLED CARGO AND …
COMPUTER-CONTROLLED CARGO AND NAVIGATION SYSTEMS ON A 150,000-TON D.W. ORE/OIL CARRIER. This article describes a highly automated, computer …
Omani mega ore carrier to be wind-powered
MUSCAT: In a first for Oman's ocean-going maritime cargo transportation sector, the wholly state-owned ore carrier Sohar Max will be fitted with rotor sails to harness wind energy on its voyages to and from the Sultanate of Oman. Sohar Max, owned by Asyad Shipping, a subsidiary of Asyad Group – the global integrated logistics services ...
Onslow Iron's first transhipper launched
Onslow Iron will see ore transported by fully covered road trains along a dedicated haul road from the Ken's Bore mine, located 150 kilometres east of Onslow, to the Port of Ashburton. At the port, the ore …
What is Capesize Bulk Carrier? | HandyBulk
Capesize bulk carriers are typically between 100,000 to 200,000 Deadweight Tonnage (DWT). Capesize bulk carriers are an integral part of the international shipping …
Rates For Capesize, Panamax Bulk Carriers Jump
Average daily earnings for capesizes, which transport 150,000-tonne cargoes such as iron ore and coal, increased $5,021 to $46,172. ... Bulk Carriers. Related News. 25 Mar 2024.
Baltic index marks best week in over 3 months as vessel rates …
* Average daily earnings for capesizes, which transport 150,000-tonne cargoes such as iron ore and coal, increased by $492 to $38,096. * Benchmark iron ore futures in China dropped, shedding more ...
