Platts Acquires Commodity Flow

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.

Three bridge-type grab bulk cargo unloaders have arrived at Beibu Gulf Port, advancing the port’s largest bulk cargo berth development.

Contecon Guayaquil S.A. will manage COSCO Shipping’s general cargo vessels at the Port of Guayaquil under a three-year partnership agreement.

Ringspann offers comprehensive braking systems as a ‘one-stop-shop,’ while Dellner Bubenzer showcased five new products at TOC Europe.

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.