Dry cargo news

CRM Agri has released their latest grain market data which revealed positive growth in the wheat, soya and corn.

The EU Council has launched EUNAVFOR ASPIDES. The objective of this defensive maritime security operation was to restore and safeguard the freedom of navigation in the Red Sea and the Gulf.

Maputo Port Development Co. has announced its annual results, highlighting significant growth and consolidating its position as one of the region's main economic drivers.

Iron ore futures prices slipped, as traders took a cautious stance after rising stocks and weak steel margins counteracted with hopes that demand would pick up in China following a week-long Lunar New Year holiday break.

Klaveness Combination Carriers (KCC) has reported solid financial performance for 4Q23 with EBT of US$25.9 million and EBITDA of US$36.5 million.

Data from the Baltic Exchange has shown fluctuations in the market with ultramax and supramax vessels seeing the most positive changes.

The Association of American Railroads has released its report on US rail traffic for the week ending 3 February 2024, as well as volumes for January 2024.

AD Ports Group and Karachi Port Trust have extended their cooperation through a 25-year concession agreement for a bulk and general cargo terminal at Karachi Port.

Meadway Shipping has announced its plans to change the company's name to DryDel Shipping by the end of February 2024.

Seanergy maritime achieves key partnership with EU Funding and major industry stakeholders under SAFeCRAFT to revolutionise maritime propulsion for existing vessels.