A proposed $10bn coal port expansion in Australia was shelved by its sponsors last Friday due to the anticipated lack of demand for the extra capacity.
The recent recovery in the dry bulk market was unsurprisingly a hot topic of discussion at the 1st Iron Ore and Coal Shipping Summit in Hong Kong on Wednesday.
The Port of Antwerp has unveiled a 3% increase in throughput to 143m tonnes the first nine months of the year compared with the same period for 2012. Main reason for the growth was a 32% increase in liquid bulk cargoes, to 44.4m tonnes, with oil...
Athens: Fighting delisted from the Nasdaq exchange, Greece's NewLead Holdings continues to switch from pure ship operation into the commodities business, signing to supply and deliver 1.48m metric tons of steam coal, a deal expected to generate ...