USG Supramax freight market facing uncertainty
The USG Supramax freight market had a volatile month. At the beginning of the month, rates skyrocketed on all routes, amid rising bunker prices and increased uncertainty for own...
Freight Rates
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USG Supramax market saw extremely volatile month
The USG Supramax market has rallied considerably. In the first half of February rates skyrocketed for spot laycans amid very tight tonnage supply in the region. Additional suppo...
USG Supramax market presents a mixed picture
The USG Supramax spot freight market started the month on a strong mode with owners being able to maintain robust levels. But by the second half of the month, sentiment softened...
Plants reopen as Adani resolves freight rate dispute
Adani Cement has announced that ACC and Ambuja Cements will resume operations at two plants in Himachal Pradesh, India, after resolving issues over freight rates. According to R...
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...
High expenses deter industry from investing in Himachal Pradesh
Multiple taxations and high freight charges are some of the reasons that deter the cement industry from investing in Himachal Pradesh, India. State-level taxes include a certain...
Long-term rail freight rates secured for Ramco and Zuari
India’s South Central Railway (SCR) has signed a long-term tariff contract with Ramco Cements Ltd and Zuari Cements Ltd to transport freight traffic at fixed rates, according to...
India’s cement transport by rail falls 11.8 per cent
A rise in freight charges has seen a drop in cement volumes carried by Indian Railways. In August, cement volumes carried by rail fell 11.8 per cent YoY to 7.52Mt as rail fares ...
Atlantic basin rates fall but Capesize provides positive note
After hitting a new record low for the year at 661 on 12 September, the Baltic Dry Index edge up again to 772 one week later. Dahlman Rose attributes the increase to “modestly h...
End of holidays provides varied freight pricing
The end of the holiday season in various parts of the world provided the freight market with a varied mix of price trends.