Breakbulk News

Despite strong steel and project shipments in several ports, general cargo volume on the Great Lakes St. Lawrence Seaway System during the first half of the system’s 2016 navigation system.

Rickmers Maritime Trust has received an offer from its leading lenders of a restructured secured amortizing term loan facility.

Digital vulnerability and rapid technological advancement rank among the top concerns for transportation industry executives.

DP World has won a 30-year concession to manage and develop a multipurpose cargo complex at the deep-sea port of Berbera in Somaliland.

Multipurpose carrier's average rates per ton fall 20 percent amid industry-wide overcapacity.

Agility, the leading Arab Gulf logistics group, increased second-quarter earnings, but revenue declined.

India’s biggest private port infrastructure developer continues to build on its recent growth.

Rickmers Maritime said its charter fleet faces even tougher times ahead following the opening of the widened Panama Canal as its second-quarter loss more than tripled and its charter revenue was down more than a third from a year earlier.

The Port of Albany, New York, will use a federal grant to fund a range of improvements.

Diversified ocean carrier International Shipholding Corp. filed for bankruptcy protection.

SLIDE SHOW: Wind power shipments have emerged as one of the key growth sectors in breakbulk and project cargo shipping.

Rotterdam’s lead over Antwerp as Europe’s largest container port continues to narrow.

“A journey of nearly 9,000 nautical miles is not quite halfway around the world."

ALE this month used a specially designed skidding system to load a 30,000-ton jack-up drilling rig onto a barge.

Project cargo officials say spending on power generation, infrastructure and oilfield equipment will bolster gradual increases in cargo flow during the next few years.

Brazilian shippers are suffering from a double whammy of industrial action this week.

The Port of Philadelphia has appointed a new CEO.

India on Wednesday approved the formation of Sagarmala Development Company, to coordinate and implement the mammoth Sagar Mala port development program.

The merger of Germany’s Siemens and Spain’s Gamesa is the latest in a series of mergers and acquisitions in a sector that has become a top source of project cargo shipments — wind energy.

CSX Transportation and the state’s port authority on Tuesday detailed two new projects there aimed at fueling more cargo through the ocean gateway and onto the rails, and vice versa.

Shippers using the container terminals overseen by the Itajai Port Authority are livid with the government of Brazil.

China Cosco Shipping says all its shipper contracts are safe until the new Ocean Alliance kicks off next year.

Trucks slowed to a crawl, and stopped entirely, creating an extensive traffic snarl at the Port of New York and New Jersey at lunchtime Monday.

Pressure for mergers and acquisitions in the breakbulk sector has increased since mid-2015, as cargo volumes, rates and vessel earnings have plunged.

Facing weakness in their core markets, container and dry bulk carriers are pitching hard for multipurpose vessels’ traditional cargoes.

The number of mega-ships calling at the port jumped by 66 percent.

The first steps were taken Tuesday toward development of a new zero-emission terminal at the Port of Los Angeles.

Nine offshore wind farm developers and the Scottish government will fund a study aimed at bringing the costs of wind energy closer to those of other sources of electricity.

The purchase would boost the Australian presence of the parent company of China’s leading state-owned terminal operator, China Merchants Holdings (International).

The Department of Transportation plans to award 18 grants totaling $600 million to 16 states via the Nationally Significant Freight and Highway Projects program.

A joint venture will seek customers for a planned eastern version of Prince Rupert.

With next month’s summer Olympics a disaster long before the torch is lit, and with political and economic upheaval swirling, South America’s biggest economy is in the midst of one of its deepest recessions.

A new market friendly government in Brazil is keen to get U.S. investment for infrastructure.

Berth congestion at the Port of Yangon has eased, but congestion in container yards remains a serious problem.

Shippers and ocean carriers using Bangladesh’s main gateway port of Chittagong have been battling heavy congestion for the past few weeks.

Cosco Shipping Panama on Sunday made the first commercial transit of the Panama Canal’s new locks.

The larger locks of the Panama Canal open on Sunday, but what impact will they have on global trade and container shipping?

Heavy-lift carrier says its offshore barges will support turnkey services

Norway-based breakbulk and dry-bulk carrier Grieg Star has completed a senior debt refinancing.

South Africa plans to invest billions in its ports to meet rising demand.