Dry bulk shipping market

Star Bulk Carriers Corp. has revealed the pricing of a secondary public offering of 5 million common shares.

The charter for the m/v Philadelphia commenced on 18 June, and is anticipated to last for a period of between 20 – 23 months.

Commercial Metals forecasts US and Polish demand to remain strong, following its increase of steel and scrap metal shipments in the US.

Xcoal Energy wants to have a balanced portfolio of coal exports between Australia and the US.

Australia has replaced South Africa and Brazil as the major iron ore suppliers to India, in the period 2017 - 2018.

Iron ore lump prices have surged recently following China’s environmental curbs.

Martin Engineering introduces the expansion of the company's operations, manufacturing and warehousing facilities in the UK and Scandinavia.

The Queensland Competition Authority will be considering Aurizon’s business case for rail maintenance in two days time.

Mitsui O.S.K. Lines, Ltd.’s coal carrier OI MARU was delivered to Imari Shipyard and Works of Namura Shipbuilding Co., Ltd. on 14 June.

The Navios Altair I, a 2006-built, 74 475 DWT Panamax vessel was acquired for US$11 million.