Cement News tagged: Freight Markets

USG Supramax/Ultramax spot market sees slow recovery

23 December 2021, Published under Cement News

By Maria Vasyutenko, associate of Brannvoll ApS, Denmark The USG Supramax/Ultramax spot freight market is slowly recovering after a significant rate fall observed last month. Tonnage supply started shortening once owners and charterers began seeking to cover their positions before the holiday mood begins. Thus, USG rates were well-supported amid decent demand with more and more positional o...

USG Supramax/Ultramax spot freight market experiences volatile month

22 November 2021, Published under Cement News

By Maria Vasyutenko, associate of Brannvoll ApS, Denmark Tight tonnage supply and strong demand were pushing rates sharply up during the first two weeks of the month. Fresh enquiry was not exactly in abundance, but it was difficult for charterers to find vessels that can meet demanded laycans. But, closer to the end of the month the rates for shipments from the USG ports started falling f...

USG players see optimistic time ahead

26 October 2021, Published under Cement News

By Maria Vasyutenko, associate of Brannvoll ApS The USG Supramax/Ultramax spot freight market started the month on a weak mode. The North Atlantic was experiencing side effects from the passing of hurricanes, which caused the temporary closure of several terminals in the Mississippi River as well as disruptions in other links of the logistics chain. Rates for shipments from the USG por...

Dry bulk freight rates continue to soar

13 October 2021, Published under Cement News

On 7 October 2021, the Baltic Dry Index, a global indicator of bulk freight rates, reached 5670, marking its highest level since September 2008. This compares to just 393 in mid-May 2020 at the height of the pandemic (see Figure 1). The surge in rates can be attributed to a number of causes, primarily the re-opening of economies following COVID-19, which has led to a spike in demand for sea tr...

Royal Bodewes to build two new cement carriers

Royal Bodewes to build two new cement carriers

02 July 2021, Published under Cement News

Dutch shipbuilder Royal Bodewes has received an order to build two more cement carriers for Cyprus-based Eureka Shipping, according to MarineLink. The two newbuilds will be the fourth and fifth in a series of vessels for Eureka, a joint venture between SMT Cement Ships and the CSL Group. The self-discharging carriers will be sisters to Aalborg White, ordered in 2017 and delivered in 2019.

Tarmac rail freight to be powered by renewables

15 June 2021, Published under Cement News

Tarmac and its rail freight partner DB Cargo UK have announced that the delivery of construction materials on a key strategic route will be powered entirely by 100 per cent renewable fuel.  The partners have confirmed that environmentally friendly hydro-treated vegetable oil (HVO) will be fuelling all freight trains running between Tarmac’s Mountsorrel site in Leicestershire and its rail...

Port of Malaga to move 50,000t of cement and clinker in single week

Port of Malaga to move 50,000t of cement and clinker in single week

23 March 2021, Published under Cement News

The Port of Malaga, Spain, expects to move around 50,000t of clinker and cement this week.  From 22 March, the Nordanhav is loading 9500t of cement at Pier 6 by Financiera y Minera and Opemar. The Ultra Passion will be adding 40,000t of clinker at Pier 7 as of 25 March.

Indian railways see 26% rise in cement freight

11 January 2021, Published under Cement News

The volume of cement transported by Indian railways increased 26 per cent YoY in the September-December quarter to 35.5Mt, according to the Ministry of Railways. This also represented a 35 per cent growth compared to the 2QFY20-21. The rise in cement freight has been attributed to a seasonal improvement in construction activity across the country. However, freight costs rose six per cent YoY...

Russia transports 11.18Mt of cement by rail in 1H20

16 July 2020, Published under Cement News

In the first half of 2020, Russia’s cement producers shipped 11.18Mt of cement by rail, a 9.7 per cent decline YoY. Eurocement’s plants accounted for 37.5 per cent of the shipments, largely consistent with 37.7 per cent in the 1H19. As such, Mordovcement transported the most cement by rail (1.14Mt, -19.3 per cent). It was followed by Topki Cement (794,700t, -2.9 per cent) and Sebryakovcement...

Dry bulk shipping market likely to start recovery in 2021

07 May 2020, Published under Cement News

The dry bulk shipping market is expected to see significantly more modest levels of growth in the run-up to 2024, according to Rahul Sharan, lead research analyst dry bulk shipping at Drewry India during Cemtech’s live webinar “Impact of COVID-19 on the global cement trade” on 6 May. After introducing the audience to the various demand and supply drivers that move the dry bulk shipping marke...

Cement companies asked to unload product from freight trains

08 April 2020, Published under Cement News

Indian cement companies are being asked to unload cement bags from freight trains so they can be used for essential commodities, according to the Deccan Herald. Reports suggest that around 300 trains full of cement bags are lying idle, as the construction business comes to a standstill amid the country’s lockdown period. Since railway officials had waived off demurrage fees and wharfage char...

Dry bulk shipping sees falling freight rates

27 February 2020, Published under Cement News

The first two months of 2020 have seen freight rates for dry bulk shipping fall due to seasonality, higher fuel costs and disruption caused by the coronavirus outbreak. Panamax and Handysize earnings declined to US$3535/day and US$3502/day, respectively, reports Denmark-based global shipping organisation BIMCO. While rates have a history of dipping at the start of a new year, the higher cos...

Russian producers increase railway distribution in 2019

17 January 2020, Published under Cement News

Russian cement manufacturers shipped over 26.21Mt of cement by railway in 2019, an increase of four per cent YoY against 2018. The top regions for consumption of cement delivered by railway in 2019 were Moscow region (1.99Mt tons, +12.3 per cent YoY), the Republic of Tatarstan (1.79Mt, +7.2 per cent), Moscow (1.7Mt, +15.3 per cent), Krasnodar region (1.55Mt, -13.9 per cent), and Khanty-Mans...

Pakistan coal imports fall 1QFY19-20

09 January 2020, Published under Cement News

Pakistan's import of coal for power generation and cement industry has decreased during the period of July-September 2019-20 due to reduced demand in these industries, according to estimates by Central Bank of Pakistan in its latest report for the same quarter.   Coal imports dropped by a sharp 41.4 per cent YoY to US$272.2m during the quarter. Quantum imports and unit prices of the commodity ...

Eqiom tests intermodal cement transport

17 December 2019, Published under Cement News

In the last three weeks, France-based cement producer  Eqiom has been testing the movement of cement by intermodal transport. The company hopes to find a new solution via road and inland waterways to supply its customers in Ile-de-France with up to 25 containers of bulk cement per week from its plant in Grand Couronne, near Rouen. The CRH-owned cement company expects to use a regular river t...

SCR meets industry representatives to improve cement loading

03 December 2019, Published under Cement News

India’s South Central Railway (SCR) has met representatives from leading domestic cement producers to discuss the improvement of its cement loading. UltraTech, India Cements, Kesoram Cements, ACC, Orient and Bharati Cements all assured railway authorities that cement loading will increase in the coming months, according to Telangana Today. The cement industry is the second-largest freight c...