Cement News tagged under: Trading

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Grounded cement carrier refloated, US

19 May 2006, Published under Cement News

The grounded Norwegian-flagged cement carrier Spar Orion was refloated early Thursday after running aground off the coast of Florida the previous day, a US Coast Guard official said. The vessel, carrying 44,000t of bulk cement, was stuck off the coast of Port Everglades as it sailed into the port. The last port of call was in Sweden. The vessel will be anchored one mile off Fort Lauderdale Beach until the next scheduled cargo discharge slot becomes available on Monday. The initial attempts t...

Cement carrier runs aground off Florida

18 May 2006, Published under Cement News

A Norwegian-flagged cement carrier, Spar Orion, ran aground off the coast of Port Everglades in Florida early on Wednesday, a US Coast Guard official said. The vessel, carrying 44,000t of cement, was heading into the port when it went aground. Its last port of call was in Sweden. The initial attempts to free the vessel at high tide had failed, the Coast Guard official said. The grounding did not cause an oil spill, hull damage, vessel traffic problems or injuries, she added.

Jamaica cement shortage taking its toll

18 May 2006, Published under Cement News

Construction industry leaders appealed to the Jamaican government to help resolve a cement shortage, saying it has idled construction and cost jobs. "We have to find a solution to get product here in the shortest possible time to meet the imbalances we face," Hardware Merchants Association President Errol Salkey said Tuesday. Jamaica has seen a significant drop in cement distribution since February, when the country’s main supplier, Caribbean Cement Company Ltd, recalled some 500t of faulty...

Cement duty waived

17 May 2006, Published under Cement News

Two shipments from Cuba are expected in June, two in July and a fifth in August. The Jamaican government yesterday announced a three-month waiver on the 15 per cent tariff paid by private importers of cement, as it moves to ease the shortage of the product. The announcement came a day after the administration announced that it was about to sign an agreement with Cuba for the importation of cement to fill the current shortage. In a statement, the Minister of Industry, Commerce, Science and T...

Ban likely to be placed on cement import

17 May 2006, Published under Cement News

The Pakistan ministry of commerce has decided to ban the import of cement, and the government has also decided to extend the period allowed for export to the local companies on orders received from the higher authorities, sources in the ministry of commerce told the Daily Times on Tuesday. “We have received orders from high-ups,” said the sources. “It is also because imports are not serving the purpose for which they were allowed. Under the current conditions, the import of cement is not vi...

Bamburi appoints agent for Southern Sudan

16 May 2006, Published under Cement News

Bamburi Cement Company has appointed Kenbro International to supply its cement products to southern Sudan.The marketing agent will distribute 2000t of the product to the region on monthly basis. Kenbro International has been given a go-ahead to source the cement from Bamburi’s main factory in Nairobi or load the export product from its subsidiary in Uganda - Hima Cement.    Mohamed Ashraf, the Kenbro International chief executive officer, on Monday said his company would spend Sh21.6m every...

First cement consignment arrives, Pakistan

16 May 2006, Published under Cement News

First consignment of cement, under duty-free regime, arrived at the Karachi port on Monday. The vessel, named F Kala, carrying 26,800t cement from Chinese port of Zheng Jiang, arrived at 0300 hours at East Wharf Berths No 1 and 2 of Karachi Port. The port officials had made arrangements for bagging the cement, which would take 10 to 12 days to completely discharge the cargo.

Pakistan may increase exports to Afghanistan

15 May 2006, Published under Cement News

Pakistan might increase cement exports to neighbouring Afghanistan, a number of factory officials said Saturday. Last week, Pakistan announced it had lifted a ban on cement exports to the war-battered country. The ban followed the October 8 earthquake in Pakistan when the country was in dire need of cement for reconstruction purposes. Cherat Cement factory official Abdul Rauf told Pajhwok Afghan News that country factories had started exporting cement to Afghanistan. He said that in the la...

Pakistan lifts ban on export, Afghanistan

12 May 2006, Published under Cement News

Pakistan has lifted ban on export of cement to neighbouring war-battered country Afghanistan, but has increased its custom duties. Representatives of cement manufacturer companies said they had been allowed to export cement to Afghanistan with raising custom duty that would soar prices in war-torn country. As long as export of cement to the central Asian country was free of tax, its prices were quite normal, the manufacturers said. The ban was imposed on April 6 and was valid till early Ma...

KCCI body to discuss building materials prices issue

10 May 2006, Published under Cement News

The Housing and Construction Industry subcommittee of Karachi Chamber of Commerce and Industry (KCCI) will discuss the prices of building materials in general and cement and steel in particular to formulate its recommendations for consideration by the government. The Chairman of the subcommittee, Munir Sultan, told Business Recorder that the committee has called a meeting on May 20 to take up the issue and discuss it at length. He said that the increasing trend in cement and steel prices hav...