Low Paraguay river makes INC clinker transport difficult
The low levels of the Paraguay river are making transport of clinker more difficult. The current water level is adding 20% to the clinker transport bill of Industria Nacional de...
Freight
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Sharjah Cement Factory signs MoU with Etihad Rail
UAE’s Sharjah Cement Factory has signed a memorandum of understanding with Etihad Rail which will enable the cement producer to transport more than 5Mta of cement and raw materi...
Dangote orders 500 heavy-duty trucks from Beiqi Foton
Nigerian cement producer Dangote Cement has awarded the contract for 500 Foton-Daimler heavy-duty trucks to Beiqi Foton, one of China’s largest commercial vehicle manufacturers.
Lafarge wins rail freight ‘Oscar’ for Northfleet reconnection project
Lafarge is celebrating after picking up the highest accolade at the Rail Freight Group’s Awards for its Northfleet rail reconnection project in northwest Kent. At a prestigious ...
Shipping rates soften across the board
With summer activity on the low side, shipping rates generally softened for Handysize, Panamax and Capes, both in the Atlantic and Pacific basins. With a more or less inactive A...
Handy and capesize markets soften while panamax continues climb
The Baltic Dry Index reflected the trends in the handy and capesize markets as it rose from 1103 to 1146 on 11 July, but then slipped to 1074 one week later. After a stable week...
Out of the doldrums Premium
Despite reports of record cargoes, freight rates continue to decline. The start of February saw the Baltic Dry Index plummet to a 25-year low of 647. The zeal of ship owners to ...