Dry bulk shipping market

De Beers Marine will undertake design development activity in support of the planned upgrade to the power and propulsion system on an offshore diamond vessel.

Oshima Shipbuilding and DNV GL will conduct research and development together on new bulk carrier designs.

The long-term agreement will see the transhipment of over 1.2 million tpy of mineral fertilizers.

DP World will operate ports that Russia plans to build along the Northern Sea Route in the Arctic to shorten shipping times between the east and west.

Resource exports delivered over AUS$65 billion of the AUS$85.2 billion total exports of Queensland goods in the 12 months to the end of April 2019.

Six leading Nordic industry companies have collaborated on the initiative called Zero Emission Energy Distribution at Sea.

NQ Minerals Plc, a mineral processing, exploration and mining company, has announced that it has successfully shipped approximately 34 500 t of precious metal pyrite concentrate from its Hellyer gold mine out of Burnie Port, Tasmania.

Navios’ previously disclosed one-for-fifteen reverse split of its common units is now complete.

Ocean Yield has further committed to part finance the installation of scrubbers on both vessels, which is expected in early 2020.

US coal exports to Japan were at five year highs, and a royalty hike could make US coal more attractive than Queensland coal in the Japanese market.