Brazil floods threaten grain exports and economy

Diana Shipping has secured a time charter contract with Cargill for the Ultramax bulker DSI Pegasus at US$ 15,250 per day, starting September 4, 2024.

After postponing due to flooding, the Brazilian government auctioned operational leases for five ports, combining upfront payments and investment pledges.

Diana Shipping’s 77,529 dwt Ice Class Panamax dry bulk vessel Atalandi is chartered to Cargill for US$14,600 per day starting July 19, 2024.

Bunge Global SA and Zen-Noh Group are jointly buying 50% of the XXXIX Terminal De Santos SA grain facility in Brazil from Rumo.

Cargill’s dry bulk carrier receives biofuels in the Port of Callao, Peru, in the first scalable biofuels supply chain operation on South America’s Pacific Coast.

The new terminal will feature 21 pieces of advanced equipment designed to minimize consumption and emissions of polluting gases.