Cement News tagged: Freight Markets
Russia transports 11.18Mt of cement by rail in 1H20
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
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
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
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
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
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
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
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...
Indian Railways introduces surcharge exemption for major commodities
Major commodities transported by Indian Railways such as cement, clinker, coal, food grains and fertilisers will be exempt from a 15 per cent surcharge between 1 October 2019-30 June 2020. Usually, between October and June, a surcharge of 15 per cent is levied on base freight and is known as a busy season surcharge (BSC). Furthermore, a five per cent supplementary charge on mini and two-poi...
UBC and Baltrader form joint cement shipping alliance
Baltrader, based in Hamburg, Germany, and United Bulk Carriers (UBC), headquartered in Philadelphia, USA, have signed an agreement to jointly market their respective fleets of pneumatic cement carriers under the name Cement Carrier Alliance (CCA). The new set-up will be able to offer a wider range of vessel sizes, ranging from 3000t to 14,000dwt. “As two independent partners motivated by ...
Cosco Shipping Bulk signs logistics agreement with Conch
Cosco Shipping Bulk has signed an agreement with Conch Logistics, the logistics business of China-based Anhui Conch Group. The two companies will jointly develop the cement logistics business, reports Splash 247. Anhui Conch ordered four 12,500dwt bulk carriers at Jiandong Shipyard with delivery scheduled in 2020. Cosco Shipping Bulk operates the largest bulker fleet in the world with total...
Sesco Cement to build new white cement terminal in Florida
Port Tampa Bay has approved an up to 40-year lease agreement on seven acres of land for Sesco Cement at its Port Redwing site in Gibsonton, Florida. The estimated US$19m investment will see the company use Berth 302 for the ship and rail terminal handling of white cement. "We're really looking at this to be our east coast hub for our business going forward," said Alim Adatia, a Houston-based ...
CSL Group set to acquire 50% of Eureka Shipping Ltd
SMT Shipping (SMT) and The CSL Group (CSL) have entered into an agreement for CSL to acquire 50 per cent of Eureka Shipping Ltd, SMT's pneumatic cement vessel business. The new joint venture will allow Eureka and CSL to combine expertise, resources and innovative technologies to expand services to customers in the seaborne cement powder and fly ash transportation markets around the world, a...
South Central Railway looks to boost cement freight in FY18-19
India’s South Central Railway (SCR) has set a new target to boost its cement freight to 27.5Mt in the FY18-19, up from 25.82Mt of the previous year. The company has already transported 20.49Mt in the first three quarters of the financial year. As a whole, Indian railways transported 114.18Mt of cement during the FY17-18, with South Central performing highest amongst all zonal railways at 22....
Ohorongo to increase rail use
Namibia’s Ohorongo Cement is working together with TransNamib, the country’s railway company, to take more than 5000 truck loads of product off the road. The cement producers will move more freight onto rail, reducing the use of road transport between the Sargberg plant and the northern regions, according to the Namibia Economist. “This specific route is one of the busiest roads countryw...
Investing, improving and incidents
This month is a round-up of global port news, beginning in India. Penna Cement has begun operations at its terminal and bagging plant at Cochin Port, Kerala. Marking an investment of US$8m, the terminal has a cement capacity of 0.3Mta. The first vessel to call at the new facility was the Penna Suraksha, a self-discharging cement carrier delivering 25,000t from Krishnapatnam Port, according to ...