Vortex Global has acquired SolidEx, known for its efficient spin loader technology, enhancing rail car loading beyond traditional 80-85% cap...

Shipowners have found stable dry bulk markets with narrow spot rate ranges and low scrapping, but recent trends show Capesize and Panamax ra...

Fortescue's FY 2024 saw strong results with iron ore shipments of 191.6 Mt, a 7% rise in EBITDA to US$ 10.7 billion, and a net profit of US$...

COSCO Shipping Development signed a deal for 42 bulk carriers, its largest since becoming a shipping and finance operator, valued at US$ 2 b...

The New Development Bank has granted a R5 billion (US$ 280 million) loan to Transnet to improve South Africa's freight rail infrastructure, ...

Vale and Euroports Tarragona have teamed up to enhance Mediterranean iron ore logistics, marked by the Magsenger 10 delivering 110,000 tonne...

AfriSam Coedmore Quarry improved production, sales, and inventory monitoring by installing a new belt scale from Tru-Trac after issues with ...

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

In the first half of this year, the Port of Klaipėda handled 16.4 million tonnes of cargo, up 0.5%, with a 3% increase in the number of shi...

Romania is set to negotiate with the EBRD to buy a major stake in Moldova's Giurgiulești International Free Port via its state-run port aut...

The Port of Bellingham secured a US$ 17.9 million grant to reconnect its terminal to the rail line, boosting jobs, and improving cargo trans...

Michael Tonnes Jorgensen will resign as CFO and executive committee member of Pacific Basin by 31 October 2024, for personal reasons....

The Panama Canal’s operational issues led some bulk shippers to choose alternative routes, with future decisions based on capacity and tra...

BHP has deployed its first electric excavator, the R 9400 E Liebherr, at its Yandi iron ore mine, featuring an electric motor and autonomous...

Lauritzen NexGen has added Ulrik Uhrenfeldt Andersen to the team while building methanol dual-fuel Kamsarmax carriers for Cargill....