The flooding in Queensland is primarily affecting the important coal export from Australia. Iron ore which is exported out of West Australia is not directly affected yet, even though that area has received much rain also. Lower steel production and thus also lower seaborne volumes of the two key dry bulk commodities is set to impact the market negatively over the next months.
Tag Archive for bulker market
Générale de Manutention Portuaire expands with an order for 14 Kalmar Edrive® straddle carriers
by admin •
Cargotec has received an order for 14 Kalmar Edrive® straddle carriers from Générale de Manutention Portuaire (GMP) – a joint venture between terminal operator DP World and shipping company CMA-CGM at the port of Le Havre in France. The Kalmar ESC450W model is the most environmentally friendly straddle carrier offered by Cargotec further signifying GMP’s…
Cargotec secures orders worth EUR 80million
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CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE, 23 SEPTEMBER 2010 AT 10 AM (EEST) In August Cargotec confirmed contracts for 275 MacGregor cargo handling cranes with a total value of more than EUR 80 million. The cranes are destined for 72 ships on order at various shipyards in China and South Korea, comprising 64 bulk carriers and…
Choosing the right ship type for your cargo
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As you might seen in previous posts I am adding material to the site gradually and I have started to work on some information on cargos.
Baltic Dry Index
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Inserted an interactive chart to follow the development of the Baltic Dry Index (BDI)