New terminals may be set up to facilitate cargo handlings, says PQA Chairman
The navigation channels on Port Qasim area offer ample opportunities for establishment of new terminals to provide facilities to international cargo handlings.
Dry bulk
SGX iron ore benchmark to anchor S&P Dow Jones new iron ore indices
The two new indices will provide investors with reliable and publicly available investment performance benchmarks for iron ore, or as part of a selection of industrial metals including aluminium, copper, lead, nickel and zinc.
Kadant enters into definitive agreement to acquire Syntron Material Handling
The acquisition is expected to close in January 2019, subject to the satisfaction of customary closing conditions.
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Bedeschi signs materials handling contract with Cementeria Costantinopoli
Bedeschi SpA and Cementeria Costantinopoli have signed a contract for the supply of a storage system for clinker.
£8 million funding scheme now open for customs intermediaries and traders
HM Treasury and HMRC have issued grants for training and IT improvements ahead of UK leaving the EU.
QRC comments on Queensland Competition Authority’s UT5 decision
The Queensland Resources Council has welcomed Queensland Competition Authority’s UT5 decision for the Central Queensland Coal Network.
Port of Rotterdam to commence ‘breakbulk carousel’
The Port of Rotterdam is to undergo renovation in the next 3.5 years following the drawing up of a smart carousel plan.
International Grains Council has meeting in Paris
The latest supply and demand outlook and market developments for grains, rice and oilseeds were assessed, while recent changes in national policies and administrative matters were considered.
QRC welcomes Rio Tinto’s first shipment from Amrun mine
The first shipment of bauxite was more than a month ahead of schedule.
More Dry bulk news
Trump’s trade war sees US soybean exports heading south
A weaker 4Q18 for smaller dry bulk tonnage should be followed by a stronger 1Q19 and 2Q19 as seasonality returns amid trade disruption.
Star Bulk announces share repurchase programme
Star Bulk’s Board of Directors authorised a share repurchase programme to purchase up to US$50 million of the company’s common shares.
East Mining Company produces record amount of coal
By the end of 2018, the East Mining Company plans to sell more than 8 million t of products.
Konecranes on lookout for new start-up to enter into possible partnership with
Konecranes is searching for a start-up at Slush to enter directly to the final round in the Konecranes start-up programme.
Solent Stevedores takes home win at IBJ Awards 2018
The company was shortlisted for the People Development Award in Cargo Handling.
Kinder Australia awarded ISO 9001 re-certification
The re-certification is an extension of validity of current ISO certification for a further three years until December 2021.