Packaging products manufacturer Starlinger has unveiled new 3D ad*starKON HX conversion line at K 2016 in Düsseldorf, Germany. Developed for block bottom valve sacks, the production line includes coated polypropylene tape fabric ...
Tags: Starlinger, Valve
An increase in eastbound long-haul grain and petcoke cargoes from the US Gulf Coast has triggered a rebound in Handysize and Supramax freight rates in this key loading area this week. Also, inquiries in the region remains spearheaded by ...
Tags: Corn Demand, US Gulf Coast
Russian firm Kazanskiy Zavod Sovremennoy Upakovki (KZSU) has launched new plant for the production of AD*STAR block bottom sacks. Located in the Himgrad technology zone in Kazan, Tatarstan, Russia, the plant has capacity to produce ...
Tags: KZSU, polypropylene, plastics recycling line
Standard & Poor’s Ratings Services has explored the 2016 outlook for the global shipping industry and believes that global shipping companies, and drybulk and containership operators in particular, will continue to face difficult ...
Tags: Shipping Industry, drybulk
China retained its crown as the world's biggest shipbuilding nation in 2015, but with a 26% decline on year in newbuilding orders, chiefly due to "the abysmal state of the dry bulk market," Italian shipbroker Banchero Costa (Bancosta) said ...
Tags: Shipbuilding Sector, shipyards
The Panamax dry bulk short period freight market is currently trading below operating costs and some owners may be tempted to lay up their vessels as the outlook for 2016 is very weak, sources said. The Panamax short period market is ...
The Singapore Exchange is increasingly taking on a bigger share of coking coal futures volume, latest trade data showed Tuesday. The SGX's FOB Australia Premium Coking Coal Futures contract made up 285,000 mt in trade November, up from ...
Tags: SGX, Coking Coal, iron ore, thermal coal
Supramax shipowners are bracing for a tough finale to a disappointing year as limping grain and petcoke trade in the Atlantic fails to support the monstrous weight of available tonnage. That has been keeping freight rates low, while hopes ...
Tags: Supramax shipowners, grain, petcoke
Norwegian dry bulk carrier Golden Ocean said Tuesday it expected the market to remain difficult for the next 6-12 months, not least because of slowing Chinese economic growth, as it posted a bigger third-quarter loss year on year. "Well ...
Tags: Tankers, Golden Ocean, Dry Bulk Market
Dry bulk shipowners are heading toward 2016 with the prospect of one fewer cargo option on the key loading region of the US Gulf Coast, as new environmental legislation introduced by Beijing this summer could mean China will no longer be ...
Platts office in Singapore will be closed on Tuesday, November 10, 2015 for the Deepavali holiday and there will be no East of Suez tanker or Asia-Pacific dry bulk assessments on those days. Dry Freight Wire will not be published. ...
* Stocks climb at EMO Dry Bulk Terminal and OBA Bulk Amsterdam * Low Rhine river levels impact barging from ARA ports Four delivery terminals in Northwest Europe's Amsterdam-Rotterdam-Antwerp trading hub had combined coal stocks of ...
China's Shanghai Shipping Freight Exchange plans to launch dry bulk freight futures contracts on June 18, the first of its kind in the global freight market, SSEFC President Yu Jun said late last week. "Being the first to launch such a ...
Moody's has changed its outlook for the global shipping industry to stable from negative on April 30. This outlook reflects Moody's expectations for the fundamental business conditions in the industry over the next 12 to 18 months. ...
Tags: Shipping, Global Shipping
Coal stocks at ports in the Amsterdam-Rotterdam-Antwerp region have firmed to their highest levels this year at around 6 million mt, according to data collected from port sources Monday. Sources said coal stocks at EMO Dry Bulk Terminal ...
Tags: Coal Stocks, Drummond's exports