Goldenport announces board changes
Goldenport chairman, Chris Walton, and founder, Capt. Paris Dragnis, will step down from the board of directors at the end of this year.
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Goldenport chairman, Chris Walton, and founder, Capt. Paris Dragnis, will step down from the board of directors at the end of this year.
Port of Antwerp has ended its financial interest in Indian port operator, Essar Ports Ltd, but will continue to offer consultancy and training services to the Indian ports sector.
Berkshire Hathaway business, BNSF, would join any consolidation of the North American rail sector as Norfolk Southern continues to hold out against Canadian Pacific’s advances.
The dry bulk shipping sector could see further bankruptcies as weak demand and overcapacity places continued pressure on freight rates in 2016.
US rail operator, Norfolk Southern, has rejected a revised takeover bid from Canadian Pacific as “grossly inadequate.”
Following continual declines in thermal coal prices, Westshore Terminals and Global Coal Sales Group are restructuring their agreement for coal volumes for 2016 – 2018.
The Coalview Centralia fine coal recovery plant is celebrating a year since its commissioning.
Jason Burlage has been appointed President of TerraSource Global, manufacturer of the Gundlach Crushers, Jeffrey Rader and Pennsylvania Crusher brand equipment.
The UK P&I Club has recently highlighted the risks involved with shipping Indonesian coals and the steps shipping companies can take to mitigate them.
The dry bulk shipping market will not return to profitability until 2017 as weak demand and an oversupply of vessels continue to dominate the market.
Orders for dry bulk carriers are significantly down on 2014 levels as the industry struggles against overcapacity.
US rail operator, CSX, has lowered its full-year growth forecast on the back of weaker 4Q15 coal shipments.