
Capesize market shows signs of improvement
The latest update from the Baltic Exchange has shown that the capesize market saw marginal improvement as other sectors also saw limited fixings.
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The latest update from the Baltic Exchange has shown that the capesize market saw marginal improvement as other sectors also saw limited fixings.

Viterra has outturned 4.3 million t of grain, making up 4 million t for export and 320 000 t for the domestic market.

CSBP Fertilisers has announced its completion of an AUS$11 million refurbishment of its direct import conveyor system at Kwinana.

China and India have lifted imports of seaborne thermal coal and have taken advantage of lower international prices to meet strong domestic demand for power.

Cargill Australia has been investigating the potential for a canola-crushing plant located next to CBH’s Kwinana Grain Terminal.

The Baltic Exchange has reported that there has been a noticeable dip in the dry bulk shipping market as larger vessel rates withdraw.

Pilbara Ports has reported an overall decrease in throughput across its different operational ports and terminals.

The Baltic Exchange has reported that after a positive start to the market, competition has led to strong movements across all shipping vessel classes.

The Baltic Exchange's most recent data has shown rising optimism across capesize, panamax, handysize, ultramax and supramax vessels.

More than two million t of trade have passed through the Port of Mackay in seven months, underlying the publicly owned port's versatility and importance to the region.

The Baltic Exchange has reported a steady decline for the panamax market but a modest resurgence elsewhere among dry bulk shipping classes.

The Baltic Exchange has released its latest update on the dry bulk shipping market for the week ending 16 February 2024.