Australia dry bulk news

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.

The Baltic Exchange has reported that there has been widely positive growth across all dry bulk carrier classes.

The dry bulk shipping market saw some positive sentiment and momentum last week across all dry bulk carrier classes.

Metso has signed an agreement to acquire Brouwer Engineering, a privately owned Australian company specialising in automation, control systems, and electrical solutions for bulk material handling solutions.

Fortescue’s first shipment from its newly built Iron Bridge operations will soon be on its way to Vietnam, marking the first time the company has exported a high-grade magnetite product.

Bedeschi has announced the opening of its new subsidiary in Australia.

AAL recently provided the perfect solution for NMT and its client, Thyssenkrupp Industrial Solutions, transporting a large quantity of iron ore reclaimer components.

North Queensland Bulk Ports Corp. (NQBP) has completed major infrastructure works at the Port of Mackay, including a new western approach deck.

New wood-chip carrier for Marusumi Paper Co. has been delivered additionally contributing to oceanographic research on microplastics.

Pilbara Ports Authority has announced its shipping figures for July 2022.