Sunday, May 20, 2012
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May 17 16:59
Markets & trade

India to ship 10 million tons of wheat

Wheat exports to help decongest country’s warehouses.Premium Content
May 17 16:56
Markets & trade

Marubeni’s Gavilon bid to facilitate China access

Gavilon attracts bids from other Japanese trading houses.

China Cosco aims to restart freight derivatives trading

May 17 16:55 Shipping & logistics
Chinese government has not authorized FFA trading since 2008.Premium Content

BDI snaps losing streak

May 17 09:37 Shipping & logistics
Recovery spurred by increase in capesize rates.Premium Content

Fuel prices to push up American freight costs

May 17 09:36 Shipping & logistics
Overall rail and truck tonnage volumes continue to climb.Premium Content

India denies iron export ban

May 17 09:35 Markets & trade
Government increases export duties for the commodity.

Transnet to transport 73 mm tons of coal through SA port

May 17 08:25 Shipping & logistics
Company moved 68 mm tons through Richards Bay Coal Terminal in the last financial year.

Baltic sea index falls for fifth day in a row

May 16 09:41 Shipping & logistics
Lack of activity in Atlantic, Pacific basins pulls index lower.Premium Content

Eastern European countries dominate global grain markets

May 16 07:17 Markets & trade
Russia seen to dominate wheat markets, while Ukraine takes barley and corn.Premium Content

Russia to develop coal railways in Far East region

May 16 07:01 Shipping & logistics
Coal rails to facilitate coal exports to Asian markets.Premium Content

Brazilian terminal bidding system criticized

May 16 07:01 Ports & handling
Port operators say bidding system forcing operators to charge higher tariff rates.Premium Content

Spain: Arcelor Mittal to develop Musel Port

May 14 17:33 Ports & handling
Port seen as iron ore export hub by 2015.Premium Content

Iraq invites bids for port project

May 14 17:31 Ports & handling
Port project to turn Iraq into regional trade hub.

Nepal to conclude shipping agreements with India

May 14 17:30 Shipping & logistics
Nepal sends draft of agreements to India for approval.

United Maritime Group to sell United Bulk Terminal

May 14 10:28 Markets & trade
The terminal is the largest coal and petcoke dry bulk terminal of the Lower Mississippi River.

Russian seaport turnover up in first four month

May 14 07:49 Ports & handling
Most cargo categories see increase in turnover.Premium Content

CEMA reports higher March orders

May 14 07:47 Equipment & technology
Bulk handling and unit handling equipment sales also up.Premium Content

Viterra’s buyout seen to negatively affect Saskatchewan farmers

May 14 07:46 Markets & trade
Acquisition by Glencore seen to have little effect on competition in Canadian grain market.
18 May 2012
Panama Canal expansion on target for 2014 opening

Construction to allow larger vessels to traverse vital waterway.  

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18 May 2012
Volga Rail: shipments marginally higher through April

Building material shipments increased  by double digits, but cement shipments little changed.Premium Content  

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18 May 2012
Asian coal consumption to continue growth

Stopping US shipments unlikely to put a dent on growing demand for coal.Premium Content  

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17 May 2012
Montana grain exports set to spike

State is beneficiary of US-Colombia free-trade agreement.  

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17 May 2012
Balqon to supply trucks in Port of Los Angeles

Company says supply contract will allow it to showcase latest technology for ports.  

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17 May 2012
Navios Maritime delivers new Kamsarmax vessel

The vessel to generate EBITDA of $6 million over 2 years.

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17 May 2012
T4 coal-loader submissions concluded

Numerous concerns raised regarding dust and health-related impacts.  

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17 May 2012
South Africa to stimulate shipping sector

New tonnage tax regime to take effect next year.  

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17 May 2012
St Lawrence shipping traffic has positive forecast

Company benefits from growth in steel and construction industries.Premium Content  

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16 May 2012
Rightship calls for ships to become more 'efficient'

Demanding work environments favor ships that perform at optimum levels.  

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16 May 2012
Indonesia's AKRA to acquire stake from Jabal Nor

Firm fortifying ownership of coal haul road and terminal operator.

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16 May 2012
Slower growth in Q1 sends Adani Port shares lower

Growth for the period considerably slower than previous 9 month performance.  

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16 May 2012
South African coal prices drop

Prices drop to their lowest levels in 19 months.Premium Content  

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16 May 2012
Ferrexpo to ship ore through Romania

First ore shipment from the Dnieper River planned in the coming weeks.Premium Content  

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16 May 2012
Norden faced with $300 million writedown on shipping fleet

Company continues to suffer from market downturn.  

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15 May 2012
Leighton Welspun says Visag port on track

Contractor says it has completed building some features ahead of schedule.  

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15 May 2012
GL bats for increased software use for shipping firms

Firm says new maritime software could make operations more efficient.  

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15 May 2012
Port of Riga receives aggregates shipment

Aggregates Industries establishes Latvian subsidiary.Premium Content  

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14 May 2012
BDI continues decline

Rates to rebound as Chinese economy recovers.Premium Content  

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14 May 2012
Great Lakes April shipping mixed

Certain cargo segments see increase while others decline.Premium Content  

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