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South America dry bulk news

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.

 

Panama Canal opens up further

The Panama Canal has announced another new increase in vessel draft and in the number of daily transits.

 

New life breathed into the handysize market

The Baltic Exchange has reported that there has been renewed life breathed into the handysize dry bulk market as other segments also note positive growth.

 

Limited activity across dry bulk shipping

The Baltic Exchange has reported limited positive activity in the dry bulk shipping market with the exception of the capesize market segment.

 

Panama Canal increases vessel draft

The Panama Canal Port Authority has increased vessel draft to 45 ft ahead of schedule and before the rainy season arrives.

 

Dry bulk shipping market sees positive growth

The Baltic Exchange has reported that there have been some slight improvements across dry bulk market segments, namely in the handysize and capesize sectors.