Yara considers marine technology sell-off

Yara opened a new ammonia terminal in Germany, enabling annual imports of 3 million tonnes of low-CO2 ammonia to support Europe’s hydrogen economy.

Deliveries decreased by 5 per cent compared to 2022, driven by reduced third-party product availability following sanctions on Russia.

HGK Shipping has taken a strategic decision to buy the 60% of BeKa HGK it did not already own, strengthening its position in the agri-bulks sector.

Chinese iron ore imports fell to 88.5 Mt in July 2021, the lowest level since May 2020, meaning that accumulated imports were lower than in the first seven months of 2020.

It has been a profitable year for dry bulk shipowners, with temporary factors expected to continue providing support into 2022.

In mid-August, specialist operator Transhipment Services Australia (TSA) placed an order with shipbuilder Damen for a transhipper barge to service exports from Metro Mining’s Bauxite Hills project in far North Queensland.