LONDON, U.K. (Reuters) — A Cargill chartered dry bulk ship is on its first voyage since being fitted with special sails, aiming to study how harnessing wind power can cut emissions and energy use in the shipping sector. The maritime industry, which accounts for nearly three percent of global carbon dioxide emissions, is under pressure from investors […] Read more
Tag Archives shipping — page 2
Lost Angeles and Long Beached: U.S. ports need to be fixed
Not many people or events lead both the New York Times and CBS’s 60 Minutes television broadcast on the same day. The still-building mess at many United States ports, however, pulled off that rare feat Nov. 14 by being the biggest rat’s nest anyone in port management, railroading, trucking, and the West Coast ag exporting […] Read more
Virus fears weigh on global shipping sector
Winnipeg,(MarketsFarm) – Global shipping rates continue to decline, hitting record lows in some cases, amid declining demand and concerns over the coronavirus outbreak in China. The Baltic Dry Index (BDI), compiled by the London-based Baltic Exchange, provides an assessment of the price of moving major raw materials by sea. The BDI has fallen for 13 […] Read more
Alta. wheat growers call for rail improvements
The Alberta Wheat Commission is renewing calls for regulatory reforms that it says will lead to a more equitable relationship between railways and grain shippers. In a Sept. 15 news release, the commission called for improved railway accountability through the introduction of reciprocal monetary penalties that could be applied against grain shippers or railway companies […] Read more
Farmers’ wheat shipments too slow: Cargill
Farmers are sitting on too much wheat and may not be able to empty their bins when they hope, according to a major grain company. “It has become evident to us that there could be a rude awakening,” said Len Penner, president of Cargill Ltd. Growers are on pace to ship a total of 13.3 […] Read more
Grain flow good in open market
Vancouver has excellent fall | No major complications seen in early months following end of CWB monopoly
WINNIPEG — Grain is rushing through the Canadian transportation network in the first months after the death of the CWB’s export monopoly. “Overall, things are looking pretty good,” said Mark Hemmes, manager of the federally appointed grain system monitor Quorum Corp., in a speech during the Fields on Wheels conference Nov. 6. That perception dominated […] Read more
