South America dry bulk news
Rocktree announces agreement to acquire bulk transportation operator Atria
Through this transaction, Rocktree will expand its global footprint across the commodities and agriculture value chain, including dry bulk, offering a broader range of services to new and existing customers. Rocktree will acquire Atria from Southern Cross Group, and the financial terms of the transaction were not disclosed.
Panama Canal operational strategies presented at the International Investors Forum
During the presentation, Panama Canal Administrator Ricaurte Vásquez Morales shared the strategies implemented and the results achieved in the 2023-2024 fiscal year in terms of ship transits and economic revenues from this operation.
Dry bulk shipping market makes corrections
The Baltic Exchange has reported that the week saw a move in the dry bulk shipping market to correct its course.
Capesize market ends week on high note
The Baltic Exchange has reported that there was an increase in capsize rates on the 5TC as other markets saw some gains.
Capesize market ends on soft note
The Baltic Exchange has reported that there has been a lack of activity across the Atlantic market with rising activity in the Pacific.
Eventful week for capsize market
The Baltic Exchange dry bulk index has reported that it was an eventful week for the shipping market.
MoorMaster System inaugurated in San Antonio
South America's first MoorMaster system has been inaugurated at DP World San Antonio, Chile.
Strong gains made in capesize shipping market
The Baltic Exchange has reported that the week began quietly due to a holiday in Singapore, leading to a minor initial dip before being boosted by the re-entry of miners into the Pacific market.
US soy exports to China grow
Chinese soybean imports from the US have been reported to have accelerated in May with a 156% surge compared to 2024.
Beumer extends operations in South America
Beumer Group has established offices in Brazil, Peru, and Chile following the acquisition of FAM and granting access to South American customers.