
Aurizon: two days left for freight maintenance justification
The Queensland Competition Authority will be considering Aurizon’s business case for rail maintenance in two days time.
Stay up to date with the latest news and updates from the dry bulk industry.

The Queensland Competition Authority will be considering Aurizon’s business case for rail maintenance in two days time.

By the end of 2019, the Chinese steelmaking city of Tangshan has plans to end the movement of its bulk commodities by truck and instead shift the transportation of all of its iron ore and coal from ports to steel mills by rail.

BNSF Railway Company requests two-year file extension for Positive Train Control deadline.

According to the latest report by the Australian Bureau of Agricultural and Resource Economics, winter crop production is predicted to decrease in 2018-19, while wheat and barley is set to rise.

“Increased shipments of iron ore by major mines will increase supply pressure, but steel mills' profits may increase further as downstream demand is expected to remain firm that will support demand and prices of high grade ores.”

Flying Cement selects AUMUND Fördertechnik GmbH as provider of two bucket elevators needed to help construct an 8000 tpd kiln line which is hoped will increase production at its cement plant.

Tata Steel Limited has enlisted the help of Martin Engineering to help train new staff on conveyor operations and safety at one of the company’s newest facilities.

Mitsui O.S.K. Lines, Ltd.’s coal carrier OI MARU was delivered to Imari Shipyard and Works of Namura Shipbuilding Co., Ltd. on 14 June.

The Navios Altair I, a 2006-built, 74 475 DWT Panamax vessel was acquired for US$11 million.

Earlier this week, Star Bulk Carriers Corp. (Star Bulk), announced its profitable unaudited financial and operating results for the first quarter ended 31 March 2018, with a key highlight being the 86.62% increase in voyage revenue compared to the same period in 2017.

Total revenues for the three months totalled US$243 794 compared to US$437 813 in the same period in 2017.

Scorpio Bulkers Inc. receives commitment for a loan facility of up to US$30 million from ING Bank N.V. to refinance two of the company’s kamsarmax bulk carriers.