Suzano expands presence in Lin-Gang Special Area

29 March 2024 Lin-gang in developing a demonstration zone for innovative trading formats while enhancing cross-border data flows in shipping and trade sectors. At the signing ceremony, Walter, representing Suzano, highlighted the company's commitment to...

• Type: Article
• Category: Asia

Capesize concerns rise

29 March 2024 Iron Ore Fluctuations and Market Predictions Affect Shipping (CW Group) Splas247.com shares ongoing worries in the capesize market due to persistent concerns surrounding the Chinese property sector, impacting iron ore demand and shipping rates. Despite...

• Type: Article
• Category: Markets & trade

Record ship sales in 1Q2024

29 March 2024 Rising demand and Greek dominance reshape ship sales landscape (CW Group) Hellenic Shipping News reports a robust start for the dry bulk market in the first quarter of 2024, with shipbroker Xclusiv noting a significant increase in sales activity...

• Type: Article
• Category: Markets & trade

Pacific Basin implements propeller coating

29 March 2024 Shipping giant leads sustainability efforts with new solution (CW Group) India Shipping News shares that Pacific Basin, a prominent dry bulk shipping company, has initiated the application of a sustainable graphene-based propeller coating, XGIT-PROP,...

• Type: Article
• Category: Equipment & technology

Busy day in Pakistani ports

29 March 2024 Recorder provides insights into the bustling activity at Karachi and Port Qasim ports. On Thursday, at Port Qasim, shipping activity remained robust with three ships berthing and five ships arriving at outer anchorage. A total of 11 ships were engaged...

• Type: Article
• Category: Ports & handling

Russian shelling stalls Ukrainian maritime exports

29 March 2024 Conflict impacts shipping rates and export timelines (CW Group) [PAID={"id":"12,13,14","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]Agri News informs that recent Russian shelling in Ukraine has disrupted...

• Type: Article
• Category: Shipping & logistics

China's coal imports shift

28 March 2024 Dry bulk shipping market analysis (CW Group) Hellenic Shipping News informs of a shift in China's coal import patterns alongside fluctuations in bulk shipping rates. While Russian coal intake decreased, Australian exports surged in Q1, particularly...

• Type: Article
• Category: Markets & trade

Vibrant shipping activity at Karachi port

28 March 2024 Insights into port operations and cargo handling (CW Group) Urdu Point shares the bustling shipping activity at Karachi Port, where a total of eight ships have berthed carrying various cargo types, including coal, palm oil, LPG, LNG, and gas oil....

• Type: Article
• Category: Ports & handling

New bulk handling solution

28 March 2024 Improving cargo logistics with Bleste Bucket (CW Group) India Shipping News reports the launch of Bleste Sia's groundbreaking bulk handling solution, the 'Bleste Bucket'. Offering enhanced efficiency and cost-effectiveness, this innovative product...

• Type: Article
• Category: Equipment & technology

Bridge collapse halts Baltimore coal exports

28 March 2024 20 percent of U.S. coal exports. The aftermath of the collapse has led to logistical challenges, including potential shipping delays for existing coal customers. Automakers and insurance companies are preparing for long-term disruptions, with estimated...

• Type: Article
• Category: Shipping & logistics

China’s grain logistics

27 March 2024 Insights into China's bulk shipping expansion (CW Group) [PAID={"id":"12,13,14","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]Eworldship.com provides insights into China Grain Stream's strategic growth and...

• Type: Article
• Category: Markets & trade

Exploring trends and challenges in maritime operations

27 March 2024 Insights from Sagitta Marine director (CW Group) Hellenic Shipping News reports on insights shared by Thomas Zaidman, Managing Director of Sagitta Marine, regarding the Handysize and Supramax segments and their prospects for the remainder of 2024....

• Type: Article
• Category: Markets & trade

3M reveals new recyclable shipping material

26 March 2024 to ABC Bourse, 3M has introduced a groundbreaking innovation in the form of PACR (Paddle Automatable Curbside Recyclable) shipping material, marking a significant leap in eco-friendly packaging solutions. This pioneering material promises to streamline...

• Type: Article
• Category: North America

Sea Freight Index plunges

26 March 2024 a three-week low on Monday, influenced by downturns in the capesize and panamax vessel categories, according to Hellenic Shipping News. Marking its fifth consecutive session of losses, the overall index dropped by 73 points, or 3.3 percent, settling at...

• Type: Article
• Category: Markets & trade

Adani Ports acquires Gopalpur port stake

26 March 2024 Strategic Expansion in India's Bulk Shipping Sector (CW Group) Adani Ports and Special Economic Zone (APSEZ) has finalized a deal to acquire a 95 percent stake in Gopalpur Port Limited (GPL), marking a significant move in India's maritime industry. The...

• Type: Article
• Category: Ports & handling

Port of Richmond's ambitious expansion

26 March 2024 of Richmond is gearing up for significant infrastructure investments aimed at bolstering its car, bulk, and liquid bulk shipping operations. Charles Gerard, Director of the Port of Richmond, outlined plans during a recent tour of the facilities,...

• Type: Article
• Category: Ports & handling

U-Ming and ITOCHU join forces

26 March 2024 Next-gen solutions for eco-friendly shipping (CW Group) [PAID={"id":"12,13,14","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]According to Port News, Singapore's U-Ming Marine Transport and Japan's ITOCHU...

• Type: Article
• Category: Equipment & technology

Petcoke Shipping Market

25 March 2024 spot laycans stand at USD 21/t, while deals for delivery to Iskenderun average around USD 26/t for 50,000t of petcoke. Shipping costs from USG to EC India for a Supramax-lot of petcoke are at USD 51/t on average. The outlook remains negative unless a...

• Type: Article
• Category: Pricing

EU wheat exporters grapple with Russian dominance

25 March 2024 Challenges and opportunities in global wheat market (CW Group) According to Hellenic Shipping News, European Union wheat exporters are facing a challenging end to the season, overshadowed by Russia's record-breaking exports and dependency on sales to...

• Type: Article
• Category: Markets & trade

Castor Maritime completes bulk carrier sale

25 March 2024 amounting to an aggregate capacity of 1.0 million dwt. The company's core business revolves around providing international shipping transportation services through its ownership of oceangoing cargo vessels. Copyright CW Group. All rights reserved....

• Type: Article
• Category: Markets & trade