Cement News tagged: Freight Markets

Some green shoots among the gloom

05 March 2009, Published under Cement News

While the Baltic Index for larger units has declined slightly in the opening days of March and market interest in both the Atlantic and Pacific basins has been somewhat muted for such ships

No cure in sight for current market malaise

14 January 2009, Published under Cement News

While the Cape shipping sector has been showing a modest rebound over the past two weeks, lower down the scale the reality is one of continuing bargain basement prices, despite some evidence of incr

That was the year that was!

24 December 2008, Published under Cement News

As the year comes to a close, it is worth reflecting on a few statistics from the past twelve months since the market highs achieved in May and June, time charter averages for the four main bulk secto

Markets continue on downward spiral

10 December 2008, Published under Cement News

While the Cape-size sector offered a degree of comfort to owners in early December, especially with the Baltic Capesize index posting some useful gains, this shift has not as yet translated into any p

Baltic Dry Index keeps on dropping throughout October

Baltic Dry Index keeps on dropping throughout October

27 October 2008, Published under Cement News

Late October saw the all important Baltic Dry Index trading below 1000 points. The continuous slump has seen the index dropping to 982 points, from an all-time high of 11,793 points last May.

Markets in freefall

30 September 2008, Published under Cement News

With the Baltic Dry Index (BDI) falling throughout the month and accelerating rapidly as we enter October, all indications point to a

A good first half, but what lies ahead?

A good first half, but what lies ahead?

25 August 2008, Published under Cement News

While shipowners may be congratulating themselves on a successful first half year in 2008, profits buoyed by further significant gains in iron ore and coal trades in the dry bulk sectors and some lucr

Pakistan Cement Factory asked to control pollution

15 August 2008, Published under Cement News

The Punjab Environmental Protection Agency has directed a cement factory in Chakwal district to take remedial measures or stop pollution causing activities in the close vicinity of lush green Kalar Ka

Freights exhibit summer lethargy

25 July 2008, Published under Cement News

A relatively quiet month for the dry bulk markets with brokers reporting fewer ships waiting to load at some of the earlier congested major bulk ports and even the imminent arrival of the much-hyped

Panamax freights subject to downward pressures

26 June 2008, Published under Cement News

With dry bulk shipowners continuing to make substantial profits, it is not surprising that a number of industrial groups mulling a move into shipowning continues to grow. India’s Tata Power is reporte

Rates down in the Panamax sector

25 May 2008, Published under Cement News

A steep tumble in Panamax rates pushed the dry index sharply down last week after the mid-sizes failed to hold onto the spectacular gains of the previous tendays. But while the BPI

Baltic gains reflect increased trading activities

22 April 2008, Published under Cement News

Hard to comprehend, the continuing desire to convert aging single-skin VLCCs to dry bulk carriers still

Pakistan cement exports to Middle East and African increase

15 April 2008, Published under Cement News

High demand of Pakistan’s cement in the Middle East and African countries has enhanced significantly country’s exports by 80 percent in the three quarters of the current fiscal year to stand at 2.632M

Export coal shortages could impact on rates

20 March 2008, Published under Cement News

Coal markets have tended to dominate the news of late with reports of further congestion at Australia’s main export loaders likely to limit volumes for the foreseeable future with one report sug

Freight rates bounce back in February

18 February 2008, Published under Cement News

The Baltic Dry Index jumped 1000 points last week as confidence returned to the dry bulk market and expectations grew for more iron ore cargos, especially out of Brazil which had seen some supply disr

Markets show more instability

23 January 2008, Published under Cement News

Another frenetic week in the dry bulk market with more huge fluctuations in rates and plenty of drama behind the scenes. The Baltic Dry Index (BDI) finished ast Friday at 6462, down nearly 1500 on th