Cement News tagged under: Freight Markets
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 ... |
Cement companies asked to unload product from freight trains08 April 2020, Published under Cement NewsIndian 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 charges during the crisis, the companies were not losing any money. However, the trains are now in deman... |
Dry bulk shipping sees falling freight rates27 February 2020, Published under Cement NewsThe 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 cost of fuel following the IMO 2020 sulphur cap also significantly affected earnings for shipping compa... |
Russian producers increase railway distribution in 201917 January 2020, Published under Cement NewsRussian 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-Mansi Autonomous Area (1.15Mt, +4.8 per cent). |
Pakistan coal imports fall 1QFY19-2009 January 2020, Published under Cement NewsPakistan'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 were both lower than last year. Demand for imported coal dropped from both the power and cement sect... |