Dry bulk

The Association of American Railroads (AAR) has reported US rail traffic for the week ending 17 December 2022.

HGK Shipping has become the sole shareholder of BeKa HGK GmbH after taking the strategic decision to take over the remaining 60% of the company’s shares.

GAC Group has acquired Finland-based ESL Shipping’s Swedish subsidiary Norra Skeppningsgruppen (NSG), marking the second Swedish ship agency purchase by GAC this year.

AD Ports and Invictus have signed an agreement with the Government of the Republic of Sudan for the right to develop, manage, and operate port and economic zone assets in Sudan.

Diana Shipping has extended the time charter contract with SwissMarine, Singapore, for one of its Post Panamax dry bulk vessels, the mv Alcmene.

The Association of American railroads has released a weekly rail traffic report.

Trelleborg has launched its latest fixed-installed piloting unit, SafePilot P3, in response to the Panama Canal Authority requiring a new positioning system for Neopanamax vessels.

Asyad Shipping has announced that it has opened the company’s first international office in Singapore.

Ocean Yield AS has agreed to acquire up to 10 Newcastlemax dry bulk newbuildings for a total consideration of up to US$576 million net of seller’s credits.

Diana Shipping has announced the delivery of the ultramax dry bulk vessel, m/v DSI Pegasus.

Transnet Freight Rail (TFR) has lifted the force majeure imposed on the export coal line in South Africa following the derailment of a 97 fully laden coal train.

Horizonte Minerals has entered into two long-term port agreements for its Araguaia Nickel Project in Brazil, securing the import of raw materials and the export of its final nickel product.

Costamare has established a new dry bulk operating platform with a team of experienced professionals, who will join Costamare in investing in the new venture.

Bothra Shipping Services has ordered three all-electric Generation 6 Konecranes Gottwald Mobile Harbour Cranes for its bulk terminals at the Port of Kakinada.

Nokia have announced that they have been selected by STI to deploy the first industrial-grade LTE private network in a port terminal in Chile.