Dry bulk

China’s recent port restrictions have caused producers to search for alternative ports in order to berth their vessels carrying coal.

Diana Shipping Inc. has announced a time charter contract with ST Shipping for the m/v Maera panamax dry bulk vessel.

Scorpio Bulkers Inc. has announced the refinancing of an ultramax vessel.

Tata Steel's Indian iron ore output has risen marginally from 2016 - 2017.

GSFC has purchased 125 000 t in the mid-US$430/short t cfr, including 90 days' credit.

Sirius Minerals has secured a long-term lease for an area of land on the southern side of the RBT site. RBT has also agreed a long-term material handling agreement to export up to 10 million tpy of polyhalite from its facility.

The Indian company’s tender to buy ammonia from Trammo and CIFC cost US$25 – 70/t higher than the previously assessed India cost and freight price.

AGEA will close its company structure and reform as the Australian Grain Exporters Council, a sector council of Grain Trade Australia.

ClassNK grants an approval in principle (AIP) to NYK Line and Japan Marine United (JMU) for the advancement of their joint project which is based on the LNG-fueled 200 000 DWT bulk carrier. 

RollDock Sea has transported 36 windmill blades of 70 m length.

The spread between Argus 65% fines and the Argus ICX price for 62% fines widened to US$28.35/dt on 4 July.

The record export result shows that “for every AUS$10 that Queensland earns through exports, the resources sector contributed eight of those 10.”

In the midst of Aurizon's threat to halt the movement of coal, coal exports were reportedly higher this year compared to 2017 due to stronger global demand and the impact of Tropical Cyclone Debbie.

The Argus PCX price for 62% portside fines was at an average discount of US$2.43/dry tonne in June on the Argus ICX price for 62% seaborne fines.

Konecranes’ Gottwald Model 2 crane will play a key role in the supply chain from bulk vessels to the coal-fired power plant.