South America dry bulk news

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.

The Baltic Exchange has reported that the week saw a move in the dry bulk shipping market to correct its course.

The Baltic Exchange has reported that there was an increase in capsize rates on the 5TC as other markets saw some gains.

The Baltic Exchange has reported that there has been a lack of activity across the Atlantic market with rising activity in the Pacific.

The Baltic Exchange dry bulk index has reported that it was an eventful week for the shipping market.

South America's first MoorMaster system has been inaugurated at DP World San Antonio, Chile.

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.

Chinese soybean imports from the US have been reported to have accelerated in May with a 156% surge compared to 2024.

Beumer Group has established offices in Brazil, Peru, and Chile following the acquisition of FAM and granting access to South American customers.

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