Bulk Cargo

Chellaram fleet to expand despite dry bulk worries

Chellaram Shipping, one of Hong Kong's largest independent shipowners, is looking to further expand its fleet of dry cargo ships despite concerns about the challenges facing the dry bulk sector.

Tuesday, 10 April, 2012, 12:00am

Dry bulk market growth to weaken

The mainland's tighter controls on bank lending will have a negative impact on the dry bulk shipping markets as spending on real estate and infrastructure slows, according to a leading Hong Kong shipowner.

15 Apr 2011 - 12:00am

Bulk shippers sink amid slump fears

Shares of bulk shipping companies slumped yesterday after news of higher iron ore stockpiles at mainland ports and lower shipping prices indicated a slump in demand.

4 Sep 2008 - 12:00am

China Shipping rates rise 40pc amid bad weather, coal shortage

China Shipping Development, the largest coastal coal shipping company on the mainland, said rates for domestic freight contracts had jumped 40 per cent from last year due to coal shortages in the world's fastest-growing economy.

The increase surprised analysts who had predicted a 30 per cent rise.

14 Feb 2008 - 12:00am

Shipping pacts signed

China Shipping Development has clinched two vessel management deals with parent China Shipping (Group).

28 May 1998 - 12:00am

Tips to avoid bulk claims

The UK Protection and Indemnity Club has produced a video on bulk cargo claims and how to avoid them.

The video reveals that nearly half of all major claims on the club bulk carriers stem from cargo damage.

Dry bulk accounts for half of the damage followed by steel and bagged bulk.

19 May 1997 - 12:00am

NOL names new bulk vessels

Neptune Orient Lines of Singapore has named two new ships for carrying bulk commodities. The vessels, each with a displacement of 73,000 deadweight tonnes, were built by Samsung Heavy Industries in South Korea. NOL Castor and NOL Pollux are due to be delivered by the middle of the year.

4 Apr 1997 - 12:00am

BSI gives standards award to bulk line

P & O Bulk Shipping Limited has secured a certificate of registration issued by the British Standards Institution (BSI) to ISO 9002 covering the provision of ocean-borne transport services for major dry-bulk commodities.

27 Jan 1993 - 12:00am

Report tips a dry-bulk cargo boost

TAIWAN's dry-bulk shippers are expected to see faint signs of a selective upturn this year, according to a S.G. Warburg Securities report.

The report says that increasing global demand for certain raw materials, coupled with increased scrapping of older tonnage and a decrease in deliveries of new tonnage, would push much of the dry-bulk sector into a cyclical upturn.

6 Jan 1993 - 12:00am