The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, was down for a second session on Monday, dropping about 4.6% to its lowest since September 1 at 3,268 points. The capesize index, which typically transports 150,000-ton cargoes, including iron ore and coal, slipped by 7.5% to 5,351 points, ...
A&S Resources, which is developing iron ore and other mineral assets in the Central African Republic, has announced plans to develop a railway line linking its deposits with Cameroon’s Kribi port.
In Kama Metal v Maersk the court reaffirmed the English law position – that a carrier is entitled and bound to deliver cargo against an original bill of lading.
Carriers enter into rotation negotiations with a waiting time number. The terminal walks in with a different number. Neither was built to stand up from the scrutiny of the other side.
