World’s first ‘bioship’ on the cards

Diana Shipping has signed a time charter contract with NYK for its Capesize vessel G. P. Zafirakis at $26,800 per day for 23-26 months.

Makers of covered storage domes are targeting a wider range of bulk materials sectors, to compensate for the mining downturn.

Investment in biomass handling has created new industrial infrastructure in the north of England, but can wood pellet cargoes fill the gap left by initiatives to abandon coal?

Seven months after opening phase 1 of its biomass terminal in Liverpool, Peel Ports has dispatched more than 400 rail freight services to Drax power station.

Plans to adopt biomass in Britain are a fillip for its northern ports but, amid uncertainty over government policy, 2016 will be a crucial year for this emerging industrial cluster.

Phase 1 of the Port of Liverpool’s new £100m biomass terminal began business this week, with the first shipment of pellets to Drax Power Station.