Agility has announced plans to set up a joint venture company with Schmidt Heilbronn, a leading European dry bulk chemicals logistics provider, to tap into the growing demand for dry bulk solutions in the region.
The JV combines Schmidt He
The global dry bulk freight market is expected to stay weak throughout 2012 and into 2013 due to an oversupply of ships, a senior executive of major ship brokerage Braemar Seascope said on Tuesday.
The industry has been struggling with a s
The dry bulk freight rates are set to bounce back from their seven-month low by early next year, said a top official of a ship brokerage firm in Dubai.
Dry bulk shipping involves the movement of large quantities of coal, iron ore, wheat an