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Roundup of last weeks Capesize, Panamax, Supramax, Ultramax and Handysize markets from The Baltic Exchange.
MacGregor, part of Cargotec, has secured an order to provide a complete set of remote operated piggy-back hatch covers with hydraulic lifting and an internal traction electric drive system to Fincantieri Bay Shipbuilding (FBS).
A consistent drop in shipments of thermal coal and raw fertilizers dragged cargo growth of major ports between April and October.
Coal market participants in Jiangsu, China, have received notice from Jiangsu port agents of an impending halt to imports of coking and thermal coal, sources said Wednesday.
The Bloomberg Commodity Index Total Return was higher for the month, with 19 of 23 constituents posting gains.
Hyundai Heavy Industries Group, South Korea’s leading shipbuilding conglomerate, said Wednesday it has submitted an application to the European Union (EU) for approval for its proposed takeover of local rival Daewoo Shipbuilding and Marine Engineering Co.
Italy-based Bedeschi has reported an equipment contract for a fertiliser production facility at Aswan city in Upper Egypt.
Diana Shipping Inc. recently announced that it has signed a Memorandum of Agreement to sell to an unaffiliated third party, the 2005-built vessel “Clio”, with delivery to the buyer latest by November 29, 2019, for a sale price of US$7.4 million before commissions.
Torvald Klaveness has for decades had a strong presence in the dry bulk shipping market. Klaveness Combination Carriers has dry bulk as one of its target markets...
The Government of Quebec has confirmed that it will provide US$2 492 595 in financial assistance to the Trois-Rivieres Port Authority for the development of an outdoor storage space, a multi-purpose shed and an oversized equipment warehouse.
It is perhaps surprisingly common for things to go wrong in the processes around berthing ships, particularly in terms of manoeuvring in the port area and mooring.
Adani Mining’s Carmichael coal project has signed another multi-million dollar contract that will deliver jobs and opportunities to Rockhampton and regional Queensland (Australia).
The global marine industry is increasingly focused on reducing its carbon footprint. In fact, over the next 10 years, the only issue seen as having a greater impact is a potential global financial crisis...
The sanctions imposed by the United States on subsidiaries of Chinese state-owned group COSCO have not affected the world’s biggest dry bulk shipper BHP , the mining company said, after carrying out due diligence to check.
Oldendorff will provide a full transportation solution to BCPCL, which includes coal transportation from Indonesia or Australia with transshipment in Andaman & Nicobar to Payra power plant in Bangladesh.
BHP, the biggest listed miner, aims to decide early next year who has won a tender for LNG-fueled transport to ship up to 27 million tonnes, or about 10%, of its iron ore to cut emissions by around a quarter, a senior executive said.
India’s coal imports increased by 9.3 per cent to 126.91 million tonnes (MT) in the first six months of the ongoing fiscal, industry data showed.
State stevedoring company “Sea Commercial Port “Yuzhny” handles 1 million and 343 thousand tonnes of cargo in October 2019, it is 34% more than planned and 19,8% (+221,6 thousand tonnes) more than last year.
Chinese steelmaker profits plunged in the third quarter, hit by soaring costs of iron ore due to falling global supplies of the main ingredient used in steelmaking.