Dry Bulk market completes another week of correction
The Baltic Exchange has reported that the dry bulk shipping market has seen another week of corrections during the third week of December.
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The Baltic Exchange has reported that the dry bulk shipping market has seen another week of corrections during the third week of December.
CRM Agri reported that low grain prices have encouraged Chinese purchases of US grain whilst EU wheat exports continued to struggle.
At the end of November the positive momentum seen throughout the month continued with all bulk vessel classes seeing strong growth.
Associated British Ports has unlocked a 200+ acre development opportunity at the UK’s busiest ports complex.
Initially gloomy market sentiments were replaced by positivity by the end of the week according to the Baltic Exchange.
Mixed wheat prices have led to Chinese buyers importing foreign wheat amid weakened prices according to CRM Agri.
The UK’s second largest port operator began construction of the 20 000 ft2 extended warehouse at its North 3 Canada Dock earlier this year.
The Port of Immingham has handled over 137 000 t of grain since investing in a new grain handling system.
PD Ports has confirmed its commitment to the economic success and environmental sustainability of the River Tees with a £23 million investment in a new, state of the art dredging vessel.
Associated British Ports (ABP) Port of Hull has welcomed the delivery of a new Volvo L150H to its dry bulk handling facility North Gap.
NW Trading Ltd, has agreed a long-term deal with Associated British Ports (ABP) for the All Weather Terminal at the Port of Hull.
The UK’s third largest ports group, Forth Ports, has outlined its commitment and the actions it is taking to achieve a Net Zero carbon operation by 2042.