South America dry bulk news
Mixed sentiments see gradual positivity seep into the dry bulk market
According to the Baltic Exchange the capesize market witnessed a mixed and evolving week with notable fluctuations in different regions.
Panama Canal appoints first-ever Chief Sustainability Officer
Deputy Administrator Ilya Espino de Marotta has been appointed as the Panama Canal Port Authority's first Chief Sustainability Officer.
Martin Engineering releases new conveyor alignment system
Martin Engineering has announced the release of its new belt conveyor alignment system using widely available plate steel.
Positive growth seen in Atlantic shipping
According to the Baltic Exchange, dry bulk shipping has seen positive growth in the Atlantic market with some minor decreases seen in South America and the US Gulf.
Dry bulk shipping market continues to see sustained decline
The Baltic Exchange has reported a decline in charter rates across multiple dry bulk vessel classes with no sign of abating.
Maersk to transport goods via Panama land bridge
Maersk has amended its OC1 service between Oceania and the Americas by transporting cargo across Panama by rail to combat canal restrictions.
Muted and sedated start for the 2024 dry bulk market
The Baltic Exchange has reported that there has been a slow start to the 2024 dry bulk market with limited fresh enquiry in the ultramax sector and a sedated start for the panamax sector.
Panama Canal planning to increase daily transits
The Panama Canal Port Authority have prepared plans to increase daily transits in January with the addition of six daily slots.
Dry Bulk market completes another week of correction
The Baltic Exchange has reported that the dry bulk shipping market has seen another week of corrections during the third week of December.
Dry bulk shipping market faced declines and fluctuations
The Baltic Exchange reported that there have been general fluctuations and declining rates across all dry bulk vessel classes.