Dry bulk freight news
BNSF publishes Corporate Responsibility and Sustainability Report
The report highlights BNSF’s progress on initiatives in the areas of sustaining operations, creating value for customers, engaging with employees and connecting with communities.
Port of Rotterdam announces quarterly figures
Containers segment continues to grow; wet and dry bulk shows a decline in volume.
DB Cargo UK opens new rail freight terminal in Wolverhampton
The £6 million project is one of the largest rail freight investments in the past five years, and is seen as a major vote of confidence in the UK’s continuing ability to trade and attract inward investment post-Brexit.
Eagle Bulk acquires Hamburg Eagle ultramax vessel
The acquisition has been funded by cash on-hand and new debt equating to US$12.8 million.
Star Bulk repays outstanding deferred debt amounts
Star Bulk Carriers Corp. announces the termination of the debt restructuring restrictions, and has refinanced existing loans with new debt financing totalling over US$625 million.
BNSF names Kiamichi Railroad ‘Shortline of the Year’
Kiamichi is a Class III shortline serving Texas, Oklahoma and Arkansas, interchanging with BNSF in Madill, Oklahoma.
Drewry launches Cost Impact Calculator for shippers post-IMO 2020 regulation
Drewry has introduced the new Cost Impact Calculator as a means of helping shippers prepare for and better understand fuel costs post-IMO 2020.
Bulk material handling market to reach US$56.83 billion by 2026, says Credence
New report observes estimated CAGR of 4.5% during the period 2018 – 2026.
AAR announces new Senior Vice President of Government Affairs
The Association of American Railroads has appointed Adrian Arnakis to lead government affairs.
Drones helping to transform the freight industry
BHP’s freight team has introduced drones to its safety inspections for dry bulk operations.