South America dry bulk news

The Panama Canal announced through an advisory to shipping companies that, effective July 1, the maximum authorised draft for vessels transiting the Neopanamax locks will be 49.5 ft (15.09 metres).

The Baltic Exchange provides an update on the Dry Bulk markets for Week 46.

The Panama Canal administrator Ricaurte Vásquez, participated in a fireside chat moderated by senior CNBC editor Lori Ann LaRocco at the Houston International Maritime Conference (HIMC).

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.

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.