Dry cargo news

Wisdom Marine Group has selected Nippon Paint Marine to protect cargo and reduce maintenance costs with its ship hull coating NEOGUARD TOUGHNESS.

The Baltic Exchange has reported a decline in charter rates across multiple dry bulk vessel classes with no sign of abating.

At a global level the forecast for major wheat exporters' stocks have been raised with the USDA trimming its own forecast for domestic stock at the close of the season.

Geopolitical tensions and slowing economic growth was reflected in the annual figures of Port of Antwerp-Bruges which showed total throughput was down by 5.5%

The Erik Thun Group has announced the addition of four new vessels ordered with two being multi-purpose dry cargo vessels which will be built by Shipsveerf Ferus Smit B.V. in the Netherlands.

Maersk has amended its OC1 service between Oceania and the Americas by transporting cargo across Panama by rail to combat canal restrictions.

Indian Navy commandos secured the capesize bulk carrier, Lila Norfolk, after the vessel was boarded by six armed pirates off the coast of Somalia on the 4 January 2024.

The World Shipping Council, the International Chamber of Shipping and BIMCO have expressed their thanks to the 12 nations that have jointly condemned the attacks on ships in the Red Sea.

The first shipment of copper concentrate from Ivanhoe Mines’ DRC Project has arrived by rail at Lobito, Angola.

The Association of American Railroads (AAR) reported US rail traffic for the week ending 30 December 2023, as well as volumes for December 2023.