Dry bulk

CRM Agri reported that low grain prices have encouraged Chinese purchases of US grain whilst EU wheat exports continued to struggle.

Future Market Insights have forecast the demand for iron ore pellets to increase from US$66 503.9 million in 2023 to US$141 988.8 million in 2033.

CRM Agri has provided its latest update on the current state of the global price of wheat and grain.

Star Bulk has completed the second repurchase of 10 million of its common shares from Oaktree.

Associated British Ports has unlocked a 200+ acre development opportunity at the UK’s busiest ports complex.

Grindrod Shipping Holdings Ltd has announced its unaudited financial results for the three months and nine months ended 30 September 2023.

The Panama Canal Port Authority has been working on solutions to the issue of low water levels with a focus on saving water.

Telestack has been announced as a winner at the IBJ Awards 2023 for the Best Shiploading/Unloading system.

Genco Shipping and Trading Ltd has acquired two high specification capesize vessels and has agreed to sell an older capesize vessel for US$19.5 million.

A Memorandum of Understanding has been executed by Alien Metals Ltd with Pilbara Ports Authority for the export of iron ore.

Safe Bulkers, Inc. has announced the sale of a 2015-built kamsarmax class dry-bulk vessel.

CRM Agri has reported that the price of Paris and Chicago wheat has faced pressure from delayed wheat imports from China.

Initially gloomy market sentiments were replaced by positivity by the end of the week according to the Baltic Exchange.

Martin Engineering has celebrated its 20th anniversary of growth across the African continent after first entering the African market in 2003.

BIMCO have reported that shipments of coal to advanced economies have fallen 17% as demand for electricity declined alongside a rise in the production of renewable energy.