In its Q3 Dry Bulk report, Maritime Strategies International (MSI) estimates dry bulk newbuilding orders in the first eight months of the year above 25m dwt, with the potential for further upside on the back of late-reported deals. Despite a slight August lull…
Workers at the six main grain terminals located in the Canadian port of Vancouver went on strike on Tuesday, a move that could disrupt exports of canola and other crops, government and industry officials said.'At my request, parties have agreed to resume negotiations alongside federal mediators…
Ukraine's food exports by sea and river totalled 4.13 million metric tons in August, down from 4.25 million tons in July, agriculture ministry data showed on Friday.That included 2.18 million tons of wheat, 553,732 tons of corn and 454,641 tons of barley…
Between January and August 2024, coal shipments to India rose 10% y/y, outpacing an 8% y/y increase in domestic coal mining. Thermal coal shipments were a key driver, supported by strong electricity demand and coal import mandates.However, during the rest of 2024…
Ukraine is likely to harvest a record 5.7 million metric tons of soybeans in 2024 thanks to a larger than expected sowing area, the ASAP Agro agriculture consultancy said on Monday. Ukraine harvested about 5 million tons of soybeans in 2023…
In 2024, grain exports from the US are expected to rise 12% from 2023, driven by a rebound in maize shipments. During the first seven months of 2024, shipments have risen 6% y/y and are expected to further ramp up after the upcoming maize and soya bean harvests in September…
“In 2024, grain exports from the US are expected to rise 12% from 2023, driven by a rebound in maize shipments. During the first seven months of 2024, shipments have risen 6% y/y and are expected to further ramp up after the upcoming maize and soya bean harvests in September…
The Pilbara region of Australia has achieved a record 758.3 million tonnes of exports passing through its ports in the 2023-24 financial year.This marks the fifth consecutive year of record-breaking throughput for Pilbara Ports.The Port of Port…
“During the first half of 2024, newbuild contracting in the dry bulk sector fell 34.2% y/y despite favourable market conditions. A 6.5% y/y increase in prices could be deterring contracting, yet in the second-hand market, where prices rose 15…
Cargo shipments at Ukraine's Black Sea and Danube ports were 68% higher in January to June than in the same period of last year, a senior lawmaker said on Thursday.Six functioning ports processed 52.7 million tons of cargo compared with 31.3 million tons last year…
Speaking at this year’s Drycon conference in Mumbai, Captain Pappu Sastry, CEO of Adhira Shipping and Logistics (ASL), said that Africa’s mining sector is entering a golden age where opportunities are open to investors, shipping lines and logistics companies…
Capacity reduction on the Panama Canal have hurt dry bulk market, with dry bulk carrier transits down significantly (down 74% in the Q1 '24 vs. '23, with sailing distances up 31% and cargo volume down 25% year on year, according to BIMCO shipping analyst Filipe Gouveia…
A large grains shipping hub located in Rio Grande do Sul is operating normally after torrential rains battered Brazil's southernmost state, the port authority said in a statement on Tuesday.Heavy rains and flooding have devastated vast areas Rio Grande do Sul state in the past few days…
Argentina's massive Rosario farming port lost its spot as the world's No. 2 grains export hub in 2023, a report from a local exchange showed on Friday, underscoring the impact of a historic drought that hammered corn, wheat and soy last year…
BIMCO has released its Dry Bulk Shipping Market Overview & Outlook for April 2024, predicting that the supply/demand balance should strengthen in 2024, but weaken in 2025.This would be the result of ships returning to the Red Sea and Panama Canal…
