Baltic Exchange: Dry Bulk Report – 47
The Baltic Exchange provides an update on the Dry Bulk markets for Week 47.
Browse the latest dry cargo news news and articles.
The Baltic Exchange provides an update on the Dry Bulk markets for Week 47.
EuroDry Ltd., an owner and operator of dry bulk vessels and provider of seaborne transportation for dry bulk cargoes, announced today that it has signed a contract with Nantong Xiangyu Shipbuilding for the construction of two 63 500 DWT ultramax bulk carriers.
Associated British Ports (ABP) has announced a deal with Vuba Resin, one of the UK’s most fastest growing companies in terms of both sales and prominence, to the Port of Goole.
The 5050 dwt dry cargo vessel has been fully developed by Thecla Bodewes Shipyards' in-house design team and marks the yard's sustainable building line following its strategic growth ambitions.
Port Houston has announced the award of US$25 million in grant funding received from the US Department of Transportation’s Maritime Administration (MARAD).
According to the Association of American Railroads (AAR), total US weekly rail traffic was 519 115 carloads and intermodal units, up 4.5% compared with the same week last year.
According to the Association of American Railroads (AAR) total US weekly rail traffic was 516 743 carloads and intermodal units, up 6.6% compared with the same week last year.
The Great Eastern Shipping Company Limited (G E Shipping) has agreed to sell a 2005-built medium range product tanker of about 47 999 dwt on 31 October 2024 to an unaffiliated third party. The vessel will be delivered to the new buyer by 3Q25.
The 5100 dwt vessel was named Spiken, and the naming ceremony was performed by Godmother Susana Paulo accompanied by representatives from the yard, MF Shipping Group and Erik Thun Group.
The order value is approximately €10 million and it is booked in the Minerals segment’s 3Q24 order received.
The portal slewing crane of type LPS 600, the first of its kind in Germany, is set to enhance bulk and general cargo operations at the port of Brake, which handles 1924 ship calls and 7.1 million t of a wide range of goods annually on the water side.
The feasibility study will utilise a wing-shaped soft sail (manufactured by North Sails Japan, NSJ) set on derrick post of its bulk carrier to obtain wind power as assisting power for the ship’s propulsion.