Australia dry bulk news

Pilbara Ports has reported on an increase in total monthly throughput for March 2024.

The Baltic Exchange has released its latest update on the dry bulk shipping market which indicated positivity across all bulk carrier classes.

The latest update from the Baltic Exchange has shown that the capesize market saw marginal improvement as other sectors also saw limited fixings.

Viterra has outturned 4.3 million t of grain, making up 4 million t for export and 320 000 t for the domestic market.

CSBP Fertilisers has announced its completion of an AUS$11 million refurbishment of its direct import conveyor system at Kwinana.

China and India have lifted imports of seaborne thermal coal and have taken advantage of lower international prices to meet strong domestic demand for power.

Cargill Australia has been investigating the potential for a canola-crushing plant located next to CBH’s Kwinana Grain Terminal.

The Baltic Exchange has reported that there has been a noticeable dip in the dry bulk shipping market as larger vessel rates withdraw.

Pilbara Ports has reported an overall decrease in throughput across its different operational ports and terminals.

The Baltic Exchange has reported that after a positive start to the market, competition has led to strong movements across all shipping vessel classes.