Possible trade tariffs force Chinese steelmakers to reconsider increasing purchases of US coking coal
The threat of new import tariffs on US coal could see China move towards importing from Australia, Canada and Russia instead.
The latest dry bulk news
BinMaster launches particulate monitor with new dust alert sensor
BinMaster launches a new particulate monitor with its new DD-3000 dust alert sensor, which is designed to detect baghouse leaks.
Construction work underway at Lucky Bay
T-Ports announces that construction work has begun at its Lucky Bay bunker site near Cowell (South Australia).
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New CEO for Prince Rupert Port Authority
The Prince Rupert Port Authority appoints Shaun Stevenson as the organisation’s next President and CEO.
Chinese environmental curbs push iron ore lump demand higher
Iron ore lump prices have surged recently following China’s environmental curbs.
Coal exports by rail reach record high in Russia
Coal deliveries by rail increased by 400 000 t, to total 17.8 million t in May.
GoodBulk launches IPO
GoodBulk Limited launches an initial public offering (IPO) of 8 500 000 common shares at an anticipated initial offering price between US$15.50 to US$17.50 per common share.
Underwriters for Genco Shipping & Trading to exercise purchase option in full
The underwriters for Genco Shipping & Trading’s recently priced public offering are to exercise their purchase option in full.
UKMPG launches ‘Digital Dragons Den’ competition
“The UK Major Ports Group is making an open call for ground-breaking perspectives and ideas on what are the top five ways digitisation could transform the major port of tomorrow.”
Martin Engineering expands its operations in the UK and Scandinavia
Martin Engineering introduces the expansion of the company's operations, manufacturing and warehousing facilities in the UK and Scandinavia.
Dryships to sell two panamax carriers
DryShips, Inc. is to sell two of its older panamax dry bulk carriers for US$18.8 million.
Schenck Process unveils new dust collector
Schenck Process has revealed its new vertical cartridge filter for industrial dust collection.
East Mining Company terminal ships record quantity of coal
Coal shipments from the company’s offshore terminal in Shakhtersk, Russia exceeded 1 million t.
Aurizon: two days left for freight maintenance justification
The Queensland Competition Authority will be considering Aurizon’s business case for rail maintenance in two days time.
Tangshan to shift movement of bulk commodities to rail by 2019
By the end of 2019, the Chinese steelmaking city of Tangshan has plans to end the movement of its bulk commodities by truck and instead shift the transportation of all of its iron ore and coal from ports to steel mills by rail.
BNSF files for PTC extension due to interoperability delays with other railroads
BNSF Railway Company requests two-year file extension for Positive Train Control deadline.
Australian winter crop production to dip; wheat and barley to rise
According to the latest report by the Australian Bureau of Agricultural and Resource Economics, winter crop production is predicted to decrease in 2018-19, while wheat and barley is set to rise.
Cisa: short-term iron ore prices to stay at US$60 - 70/dry t
“Increased shipments of iron ore by major mines will increase supply pressure, but steel mills' profits may increase further as downstream demand is expected to remain firm that will support demand and prices of high grade ores.”
AUMUND equipment to help increase productivity at cement plant in Pakistan
Flying Cement selects AUMUND Fördertechnik GmbH as provider of two bucket elevators needed to help construct an 8000 tpd kiln line which is hoped will increase production at its cement plant.
Martin Engineering provides training course at new Tata facility
Tata Steel Limited has enlisted the help of Martin Engineering to help train new staff on conveyor operations and safety at one of the company’s newest facilities.
MOL coal carrier to serve JERA Trading
Mitsui O.S.K. Lines, Ltd.’s coal carrier OI MARU was delivered to Imari Shipyard and Works of Namura Shipbuilding Co., Ltd. on 14 June.
Navios Maritime Partners L.P. announces delivery of one Panamax vessel
The Navios Altair I, a 2006-built, 74 475 DWT Panamax vessel was acquired for US$11 million.
