Cement News tagged under: Freight Markets
USG players see optimistic time ahead26 October 2021, Published under Cement NewsBy 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 ports were falling as most charterers preferred to wait until the situation normalised in the Gulf foll... |
Dry bulk freight rates continue to soar13 October 2021, Published under Cement NewsOn 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 transportation as manufacturing resumes. However, due to the staggered nature of the reopening, vessel... |
Royal Bodewes to build two new cement carriers02 July 2021, Published under Cement NewsDutch 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 renewables07 June 2021, Published under Cement NewsTarmac 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-fed asphalt plant in the centre of Birmingham, as part of an ongoing commitment to supporting the s... |
Port of Malaga to move 50,000t of cement and clinker in single week23 March 2021, Published under Cement NewsThe 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 freight11 January 2021, Published under Cement NewsThe 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 and three per cent QoQ, according to a report by JM Financial. |
Indian railways see 26% rise in cement freight11 January 2021, Published under Cement NewsThe 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 and three per cent QoQ, according to a report by JM Financial. |
CemProspects reports major developments in petcoke and freight08 October 2020, Published under Cement NewsThe CemProspects online conference continued yesterday by considering the major developments for the freight and petcoke markets going forwards. Starting with freight, Guy Hindley of Howe Robinson noted that the orderbook for the dry bulk fleet has fallen to 61mdwt – a low which has not been seen since 2005. Dry bulk trade is expected to reach 6.2bnt in 2020, with petcoke and cement representing 12.5 per cent of the total. The recovery of cement and petcoke trade in 2020 has supported the... |
Russia transports 11.18Mt of cement by rail in 1H2016 July 2020, Published under Cement NewsIn 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 (758,400t, -5.7 per cent). Rounding off the top five were South Ural Mining and Processing Co (748... |
Dry bulk shipping market likely to start recovery in 202107 May 2020, Published under Cement NewsThe 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 market, Mr Sharan explained the dry bulk shipping cycle and highlighted the importance of China entering ... |