The dry bulk shipping market has seen increased strength
At the end of November the positive momentum seen throughout the month continued with all bulk vessel classes seeing strong growth.
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At the end of November the positive momentum seen throughout the month continued with all bulk vessel classes seeing strong growth.
Vale, in partnership with Oldendorff Carriers, has commenced its first biofuel voyage with the Hinrich Oldendorff fuelled by residual cooking oil and fuel oil.
The Panama Canal Port Authority has been working on solutions to the issue of low water levels with a focus on saving water.
The Panama Canal Port Authority has made an additional auction slot available as well as modified some transit reservation system rules.
Initially gloomy market sentiments were replaced by positivity by the end of the week according to the Baltic Exchange.
According to the USDA China has been the world’s largest importer of US soybeans which has contributed to a marketing-year high.
The Baltic Exchange has reported that there has been widely positive growth across all dry bulk carrier classes.
The dry bulk shipping market saw some positive sentiment and momentum last week across all dry bulk carrier classes.
NBP has signed a Memorandum of Understanding (MoU) with OSHIMA and SUMITOMO to construct a handymax bulk carrier that will reduce CO2 emissions.
The Panama Canal has seen the driest October in the 73 years since records began.
ERG has commenced the construction of the FIOL 1 Railway in Bahia, capable of transporting 60 million t of cargo annually, and received endorsement from the President of Brazil.
Duro Felguera has been awarded an engineering, procurement, construction, and commissioning (EPC) contract for a new bulk solids transport project in Mejillones Bay.