November 2018 issue
Global Fertilizer Trades
Geared Bulk Carriers
Belgium Regional Report
Fertilizer Handling
Cement Handling & Storage Equipment
FIBCs & Bagging
Italian Equipment Manufacturers

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Dry Bulk News

Tag: Financial

ABP Ipswich invests £700k to boost storage at port

Construction of the new portable warehouse began in 2018 and was completed on schedule to provide extra storage space facilities for the needs...

Gloomy forecast for Davos: crises aplenty, but few world leaders

An array of crises will keep several world leaders away from the annual World Economic Forum in Davos next week, which takes place against a backdrop of deepening gloom...

Rains continue to dampen Indonesian thermal coal supply as China, India markets heat up

Bad weather conditions in Indonesia, especially in the South Kalimantan province, continue to affect thermal coal production and loading schedules

US giant ADM to take over remaining stake in Gleadell Agriculture

ADM to acquire Gleadell Agriculture Ltd and Dunns Ltd, combining existing UK Origination Entities to create ADM Agriculture Ltd.

Peel Ports to invest £300,000 into apprenticeship training

Peel Ports is to invest around £300,000 via the apprenticeship levy to train around 100 existing staff.

ABP strengthens business with new steel contract

ABP has secured new business handling 40,000 tonnes of steel each year at the UK’s biggest port, the Port of Immingham.

ABP: £250m to keep Britiain trading through Brexit

ABP, the UK’s leading ports operator, recently announced an additional investment to boost facilities at its Port of Hull, bringing the group’s total investment to £250 million since the EU referendum in 2016

Brazil soybean crop estimate cut 5.3%

Brazil soybean production in 2018-19 will fall to 115.72 million mt, from 120.8 million mt last season, analyst Safras & Mercado forecast.

Dry Bulk Week 2: The Baltic Briefing

Capesize - A slow start followed by a busy 24 hours of improving rates and a firming FFA market fuelled positive sentiment, only to see both paper and physical sales slide the next day.

U.S. shutdown sends grain traders, farmers hunting for data

When the U.S. Department of Agriculture announced a slew of key farm reports would not be released on Friday due to the partial government shutdown, the phones at crop forecaster Gro Intelligence blew up.

ABP Hull signs 10 year contract with Thor Shipping following £6million investment

Leading port operator, ABP, today announces a major new agreement which sees Thor Shipping & Transport commit 10 years to The Port of Hull.

FLSmidth exits bulk material handling business

FLSmidth has reached an agreement to sell its bulk material handling business to Rainbow Heavy Machineries.

Grieg Star and Maas Capital establish joint venture

Grieg Star and Maas Capital have established a joint venture for ownership of Supramax- and Ultramax vessels. The new company is named GriegMaas AS.

Global Growth to Lose Momentum This Year, World Bank Says

The World Bank cut its forecasts for global growth in 2019 and 2020, citing a worsening set of factors from trade tensions to financial-market instability

Volatility expected for Asia dry bulk markets in 2019

In spite of a depressed fourth quarter in 2018, all segments of the dry bulk freight market saw earnings increase year on year.

Freight Derivative Trade Volumes Up In 2018

Figures compiled by the Baltic Exchange reveal that the overall volume of Forward Freight Agreement (FFA) trades increased in 2018.

Shipping continues to enjoy stable UK tax regime

Annual Investment Allowance (AIA) from £200,000 to £1m per annum for all qualifying investments in plant and machinery made between 1 January 2019 and 31 December 2020.

Uljanik Plovidba secures US$25m loan

Croatian shipping company Uljanik Plovidba has entered into a USD 25 million loan agreement with an unnamed foreign lender.

Dry Bulk Week 1: The Baltic Briefing

Bulk report – Week 1

Leaner and greener shipping will attract investment in 2019

Leading accountant and shipping adviser Moore Stephens says shipping will continue to attract investors in 2019 if it fulfils its ESG (environmental, social and governance) responsibilities.

Record year for Port of Antwerp

2018 looks set to be a record year for the Port of Antwerp for the sixth time in a row, with growth in all types of cargo and a recent wave of investments.

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