Dry bulk profits surge to multi-year highs

Global iron ore shipments rose in Q1 2024 but with Chinese steel production weaker than expected, future shipments may decline due to oversupply.

Five CEE signatories emphasize that the war against Ukraine has been financed from, among other things, Moscow’s revenues for its grain exports to the EU.

Total shipments from Australia and Brazil – significant iron ore suppliers – decreased by 12.5% week-on-week to 22.08 million tons for the week ending March 18.

Coal cargoes may release toxic gases, including carbon monoxide (CO), sulfur dioxide (SO2), and nitrogen oxides (NOx), which are harmful to human health.

A total of 5.2 million tons of cargo were transported through port stations in February 2024, and 2.6 million tons through western border crossings.

Designing and installing new equipment might grab the headlines. But just as important for manufacturers is regular maintenance and inspection of systems.