Between January and August, India’s coal shipments rose 10% y/y, driven by strong electricity demand, but hydropower recovery may reduce future coal demand.
Vortex Global has acquired SolidEx, known for its efficient spin loader technology, enhancing rail car loading beyond traditional 80-85% capacity limits.
Shipowners have found stable dry bulk markets with narrow spot rate ranges and low scrapping, but recent trends show Capesize and Panamax rates falling.