Dry cargo news

EuroDry Ltd. has announced today that it has agreed to acquire three Ultramax bulkers, M/V Giants Causeway, a 63 197 DWT dry bulk vessel built in 2015, M/V Sadlers Wells, a 63 153 DWT dry bulk vessel built in 2015 and M/V Gallileo, a 63 177 DWT dry bulk vessel built in 2014, for a total price of about US$65 million.

Automated Handling Solutions (AHS) is set to join forces with Advanced Material Processing (AMP), integrating Kason Corporation, and Marion Process Solutions, to showcase their material processing equipment and solutions on stand F54 at the PPMA show, on 26 - 28 September at Birmingham’s NEC.

Installation of Rotor Sails on TR Lady, an 82 000 DWT Kamsarmax bulk carrier, was completed in Chengxi Shipyard, China, in June 2023.

SOHAR Port and Freezone signed a land lease agreement with Sohar Noble Metals (FZC), for the production of Vanadium and Niobium metals in SOHAR Freezone.

The Association of American Railroads (AAR) today reported US rail traffic for the week ending July 29, 2023, as well as volumes for July 2023.

Cargo liquefaction still remains the greatest contributor to loss of life associated with bulk carrier losses while grounding remains the main cause of ship losses, according to the recently published Bulk Carrier Casualty Report 2013-2022 from INTERCARGO.

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.

ERG has commenced the construction of the FIOL 1 Railway in Bahia, capable of transporting 60 million t of cargo annually, and received endorsement from the President of Brazil.

Takoradi Port recently received its biggest ever bulk ship, assisted by Bedeschi S.p.a. which supplied all the conveyor lines for the terminal, two shiploaders, and one eco-hopper.

Bedeschi has been awarded a contract for the supply of one circular storage to handle coal inside the Djizzak Cement plant in Jizzak, Uzbekistan.