Dry bulk terminals fail test of high-risk cargoes

8starbulk.jpg Bulk:

The current methods for testing whether a dangerous cargo is at risk of liquefaction during sailing are inadequate and should be changed, says the Association of Bulk Terminal Operators, citing various samples of cargoes which have become liquefied despite passing tests.

This week's top stories on ShippingWatch

SISSIMIUT_1076.jpg Carriers:

APM Terminals lays off 160 in Gothenburg in a move to end the protracted port labor conflift. Shipowners look to postpone the ballast water convention by two years. Shippers worry about a shortage of reefer containers. Oil is headed for USD 40. Here are this weeks top picks.

"An industry downturn is exactly what we need"

Herman Billung.jpg Bulk:

The dry bulk carriers, sore after several tough years, are becoming increasingly optimistic about the future. But Herman Billung, who recently established dry bulk investor Songa Bulk, praises the slowdown in the sector. "Another six months and we'll be home free," he says.

New Job

Tom Holmer Sustainable Shipping Initiative
Tom Holmer
New title: General Manager
New employer: Sustainable Shipping Initiative

Frank Mortensen
New title: CEO
New employer: Maersk Broker Bulk Chartering

Anastasios Papagiannopoulos, BIMCO President a.jpg
Anastasios Papagiannopoulos
New title: President
New employer: Bimco

Jon Erik Reinhardsen.jpg
Jon Erik Reinhardsen
New title: Chairman
New employer: Statoil (01.07.17)