Australia dry bulk news
Dry bulk shipping market update
Data from the Baltic Exchange has shown fluctuations in the market with ultramax and supramax vessels seeing the most positive changes.
NYK takes delivery of Japan’s first LNG-fuelled capesize carrier
NYK has held a naming ceremony for Japans first LNG-fuelled capsize carrier which will transport iron ore and coal from Australia to Japan.
Australian foreign grain exports witness positive growth
Victoria, Australia, has released its Victorian Food and Fibre Export Performance Summary 2022-23, which shows positive increases in grain exports.
Mixed sentiments see gradual positivity seep into the dry bulk market
According to the Baltic Exchange the capesize market witnessed a mixed and evolving week with notable fluctuations in different regions.
Martin Engineering releases new conveyor alignment system
Martin Engineering has announced the release of its new belt conveyor alignment system using widely available plate steel.
Positive growth seen in Atlantic shipping
According to the Baltic Exchange, dry bulk shipping has seen positive growth in the Atlantic market with some minor decreases seen in South America and the US Gulf.
Pilbara Ports mark an overall increase in cargo throughput for December 2023
Pilbara Ports has reported that in December 2023 there was an overall increase in total monthly throughput when compared to December 2022.
Dry bulk shipping market continues to see sustained decline
The Baltic Exchange has reported a decline in charter rates across multiple dry bulk vessel classes with no sign of abating.
India extends tariff waiver on lentils to spring 2025
Grain Central reports that India has extended its tariff-free period for lentils to the 31 March 2025 in a move which the Australia pulse industry has welcomed.
Muted and sedated start for the 2024 dry bulk market
The Baltic Exchange has reported that there has been a slow start to the 2024 dry bulk market with limited fresh enquiry in the ultramax sector and a sedated start for the panamax sector.