Dry cargo news
KCC and Silverstream have agreed a technology deal
KCC and Silverstream Technologies have agreed a deal to equip KCCs next four vessels with air lubrication technology.
US soybean exports have hit a new high
According to the USDA China has been the world’s largest importer of US soybeans which has contributed to a marketing-year high.
LNG-fuelled panamax commences operation
Mitsui O.S.K. Lines, Ltd and Kyushu Electric Power Co., Inc. have announced that the LNG-fuelled panamax coal carrier Reimei has commenced operation.
INTERCARGO has provided a statement on the KMAX Ruler attack
INTERCARGO has provided a statement regarding the recent Russian missile strike on the dry bulk carrier KMAX Ruler.
Panama Canal sees driest month of October since 1950
The Panama Canal has seen the driest October in the 73 years since records began.
EuroDry Ltd. announces agreement to acquire three eco ultramax bulkers
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.
AHS and AMP lead the way with innovative material handling and processing solutions at PPMA
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.
Tufton’s Kamsarmax Bulker installed with Anemoi Rotor Sails expected to save 10% of fuel & emissions annually
Installation of Rotor Sails on TR Lady, an 82 000 DWT Kamsarmax bulk carrier, was completed in Chengxi Shipyard, China, in June 2023.
Sohar Noble Metals (FZC) LLC to establish a Vanadium and Niobium ingots plant in SOHAR Freezone
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.
Varying market conditions affect rail traffic volumes in the US
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.