Not all gloom and doom for engineers

Viterra will acquire five storage and handling sites, and a mobile ship loader from Cargill, pending ACCC and FIRB approval, aiming to reduce freight rates.

Heidelberg Materials is expanding in Morocco by increasing its stake in Asment de Témara to 63% and acquiring 100% of Grabemaro.

The growing demand for cement and clinker in the US, Africa, and the EU may lead to a supply shortage in the Mediterranean, prompting exporters to secure import facilities.

Diana Shipping has secured a time charter contract with Cargill for the Ultramax bulker DSI Pegasus at US$ 15,250 per day, starting September 4, 2024.

Diana Shipping’s 77,529 dwt Ice Class Panamax dry bulk vessel Atalandi is chartered to Cargill for US$14,600 per day starting July 19, 2024.

Southern Brazil’s heavy flooding disrupts grain shipments, damages storage, threatens exports and impacts agriculture and the economy.