Dry bulk

NIBULON has exported a record volume of agribulk commodities during the first quarter of the marketing year.

ABP’s new investment will be used to build a fourth bagging plant for Thomas Bell & Sons, and to purchase new equipment for the expanded facility.

The loan facility will be used to finance up to 60% of the fair market value of six ultramax dry bulk vessels.

The maiden shipment will total approximately 5000 dry t and is bound for Chinese-based offtake partner Lionergy.

Queensland Resources Council said the record figure of AUS$252 billion was testament to the hard work of the Queensland resources industry.

Bulk terminals’ cyber security weak spot is set to be addressed at the Association of Bulk Terminal Operators’ annual conference.

Industry leading brands kemutec, KEK-GARDNER, PPS Air Classifier Mills and mucon are now part of Schenck Process’ offering.

Construction of the first domestic four-track line will last until 2021.

Mantsinen Group Ltd Oy is set to enter a generational change after 55 years of operating as a company.

Datum’s Ship Torsion Meters give real time measurements of torque, power, thrust and dynamic torque, which help the ship monitoring system meet the SEEMP requirements.

Marine ship fuels will be limited to a sulfur content of 0.5% (or equivalent) when operating on open oceans.

Globus Maritime Limited has set a date for the release of its second quarter and first half 2018 results.

Yesterday US corn and wheat futures rose to their highest levels in over a month, while soybean futures fell as China and the US continued their trade war.

The Asia-focused commodities trader has issued a Practice Statement Letter to its creditors.

The Association of American Railroads (AAR) elects Ian Jefferies as the organisation’s next president and CEO.