CemProspects reports major developments in petcoke and freight
The CemProspects online conference continued yesterday by considering the major developments for the freight and petcoke markets going forwards. Starting with freight, Guy Hindl...
Dry Bulk
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Shun Shing Group consolidates international trading divisions
Hong Kong's Shun Shing Group has announced the launch of Cemcoa, the new name for its international trading arm. All of the group’s trading divisions have been consolidated unde...
Pakistan: first dry bulk terminal to open in March
Pakistan’s first dry bulk terminal will open next month and is expected to handle 3Mta of coal imports, rising to 20Mt over the next five years, the port’s chief executive said ...
Philippines: Mariveles dry bulk terminal
Sesia Nectar Port Services Inc announced the start of commercial operations at its Mariveles Dry Bulk Terminal in the Freeport Area of Bataan (FAB), Philippines. The company beg...
MacGregor wins order for three eco-bulker vessels
MacGregor, of the Cargotec group, has won a contract from New Times Shipyard, in China, for Intership Navigation Co Ltd's three new 36,500dwt Laker-class bulk carriers. Cyprus-b...
Atlantic basin rates fall but Capesize provides positive note
After hitting a new record low for the year at 661 on 12 September, the Baltic Dry Index edge up again to 772 one week later. Dahlman Rose attributes the increase to “modestly h...
End of holidays provides varied freight pricing
The end of the holiday season in various parts of the world provided the freight market with a varied mix of price trends.
Dry bulk rates continue summer slip
The Baltic Dry Index continued its downward trend of the past month, falling to 728 on 15 August and reflecting the latest developments in the dry bulk markets.