Australia dry bulk news

The Baltic Exchange has reported that the week began quietly due to a holiday in Singapore, leading to a minor initial dip before being boosted by the re-entry of miners into the Pacific market.

T-Ports has been looking to diversify throughput at Lucky Bay, Wallaroo for its agricultural bulk handling solutions.

The Baltic Exchange has reported that there has been renewed life breathed into the handysize dry bulk market as other segments also note positive growth.

The Baltic Exchange has reported that the dry bulk shipping market saw a quieter week of trading activity.

Morgan Stanley Infrastructure Partners has announced an investment in Australia’s Onslow Iron Road Trust with a 49% stake acquisition.

ABARES has predicted a historically high crop yield in its forecast for the winter crop in Australia.

A joint study has revealed that Well-to-Wake emissions in the Pilbara-to-Asia iron ore export trade route can be reduced by over 90% by 2050 through the use of LNGs.

The EU have announced tariffs on grains and oilseeds from Russia and Belarus which are set to commence on 1 July 2024.

A major milestone has been achieved at the Lumsden Point project in Port Hedland with investments from the Australian and Western Australian Governments.

The Baltic Exchange has reported limited positive activity in the dry bulk shipping market with the exception of the capesize market segment.