Press Releases
Goldenport Boosts Profit 24.4 Percent | Journal of Commerce
Goldenport boosted first half earnings 24.4 percent year-over-year to $25.7 million, as the Athens-based ship owner’s healthy container rates outweighed a volatile bulk shipping market.
Somali Pirates Release Bulk Carrier | Journal of Commerce
Somali pirates released the MV Sinin, a Maltese-flag bulk carrier, and its crew on Aug. 13 after 182 days in captivity, according to the Indian Shipping Ministry. “All the 21 crew members, including nine Indians, are reported to be safe,” the ministry said.
Bulk Cargo Vessel Sinks Off Mumbai Coast | Journal of Commerce
A Panama-flag bulk cargo vessel sank in early morning Thursday about 25 nautical miles off the Mumbai coast, Indian maritime agencies said. All 30 members of the MV Rak Carrier’s crew were rescued by the Indian Coast Guard following distress calls from the merchant ship. Its crew included
Pirates Release Bulk Carrier with Crew | Journal of Commerce
Pirates released a bulk carrier and its crew after 46 days of captivity. A $4.5 million ransom was reported.
Goldenport Eyes Fresh Container Ship Acquisitions | Journal of Commerce
Goldenport unveiled narrower losses for 2010 and said it will invest in the container ship and bulk carrier sectors.
Somali Pirates Hijack Bulk Carrier | Journal of Commerce
Somali pirates hijacked a bulk carrier in the Indian Ocean after firing small arms and rocket-propelled grenades at the ship.
Japanese Ship Orders Grow 30 Percent in November | Journal of Commerce
Japanese export ship orders rose for the 12th consecutive month in November on a year-on-year basis, growing 29.9 percent.
Somali Pirates Release Vessel, Crew | Journal of Commerce
Somali pirates Saturday released a bulk cargo vessel and its crew.
Some Bulk Rail Cargoes Gain Despite Holiday | Journal of Commerce
Strength in several raw material categories for the week ending Nov. 27 suggests new demand from manufacturers.
Cosco Swings to Profit as Revenue Surges | Journal of Commerce
Cosco returned to profit in the third quarter as higher container volume and rates offset weakness in bulk shipping.
