Bulk carriers are ships that carry bulk or bulk raw cargo, such as grain, ore, coal, cement, etc., in their cargo holds. These commodities are used to manufacture basic products used in our daily lives. Major bulk cargoes include iron ore for steelmaking, coal to meet energy needs in most parts of the world, and […]
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Mexican Ship Manager Gremex Shipping Fined $1.75 Million in Pollution Case On October 30, Gremex Shipping, a Tampico, Mexican ship manager, pleaded guilty in the Federal District Court in Pensacola, Florida, to felony violations of the Pollution Prevention and Control Act (APPS) and was fined $1.75 million and sentenced to probation. Specifically, Gremex was accused
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Maersk Q3 Profit Rises Despite Small Increase In Container Throughput Ocean revenue rose to $15.8 billion in the quarter ended Sept. 30 from $12.1 billion a year earlier, the parent of Copenhagen, Denmark-based liner operator Maersk said in an earnings statement. $2.8 billion in EBIT offset a $27 million loss from shipping disruptions caused by
Maersk Q3 Profit Up, Despite Small Container Throughput Increase. Read More »
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