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Capesize - Another week of gains as the Atlantic basin continues to be pressurised on tonnage and Brazilian cargoes keep up a steady flow...
The fumigation of grain cargoes using certain pesticides, namely plant protection products, may not be effective in controlling insect larvae, resulting in cargo damage or loss.
The Baltic Exchange’s main sea freight index hit a five-and-a-half-year high on Monday on the back of strong demand for capesize vessels shipping iron ore.
Panamax: Last Monday started very slowly with little appearing to trade anywhere. However, the market quickly continued its rapid rise as the Atlantic remained starved of early tonnage.
Cargotec’s MacGregor has received clearance from the Chinese competition regulator for the acquisition of the marine and offshore businesses of TTS Group
The Baltic Exchange’s main sea freight index rose to its highest in more than five and a half years on Wednesday, driven by demand for capesize vessels shipping iron ore.
The Government of Canada will invest CAD$17m in the Port of Belledune to increase capacity and help move Canadian goods to international markets.
NIBULON inaugurated Its 27th Terminal in Zaporizhzhia Region
The Capesize market surged over the past week, reaching highs not seen since August last year. Widespread activity in both basins saw a week on week lift of $7,084 to settle at $26,444.
As governments across the globe struggle to restore their growth rates, a new spectre has come to haunt many of them: Unsustainable debt
Coal imports by Indian utilities are surging after the government failed to open the industry to competition, despite passing a liberalization policy 16 months ago...
Panamax rates rose today by 3.4%, which marks their largest increase since March 21st.
The shipping sector plays a prevailing part in the growth of developing countries. The ports in emerging countries have nevertheless too often cope with numerous challenges...
Factory output is faltering in a number of key economies, darkening the outlook for the global economy and increasing the likelihood that leading central banks will respond with fresh stimulus.