Trade war uncertainty reveals cracks
As discussed in the October issue of ICR, better-than-expected dry bulk rates have dampened the scrapping trend as owners cash in on more buoyant times. According to some observ...
Freight
97 posts · Page 8 of 10
Freight rates dampen scrapping trend
Better-than-expected dry bulk freight rates have done little to encourage shipowners to scrap their older vessels, despite warnings of ongoing market volatility due to a lack of...
FANCESA increases freight charges
From 1 October new freight charges will come into effect at Bolivia’s Fábrica Nacional de Cemento (FANCESA) as it currently prepares individual contracts for carriers. Fo exampl...
Owners urged to scrap older vessels
In the three-month period to 17 July 2018, the Baltic Dry Index (BDI) rose from a low of 1042 points on 30 May to a high of 1695 on 16 July. Baltic Dry Index – three months to 1...
JT Cement adds new vessel to fleet
Norway-based JT Cement has ordered a new pneumatic cement carrier from Dutch shipyard Ferus Smit. The new vessel will be a sistership to the M/V Greenland and is expected to be ...
Dry bulk on road to recovery?
In the three-month period to 6 June 2018, the Baltic Dry Index (BDI) began at 1212 points before falling steadily to 948 points four weeks later. By 14 May it had climbed to 147...
Dry bulk overcapacity and trade wars
The last three months have seen a welcome recovery in the Baltic Dry Index (BDI). On 7 February the index stood at 1097 points, before rising a month later to 1212 points. This ...
JSW Cement inaugurates railway siding for Salboni plant
JSW Cement has inaugurated a 6.5km railway siding to transport inbound and outbound cargo for its 2.4Mta facility in Salboni, West Bengal. "In cement business, logistics account...
JT Cement orders 8000dwt cement carrier
Norway’s JT Cement AS has ordered a pneumatic cement carrier from Netherlands-based Ferus Smit, according to Erik Thun AB. The ship will be the sister vessel of M/V Greenland an...
Cement by sea Premium
Moving cement by sea is a difficult business, often requiring dedicated vessels fitted with specialist equipment. Shipowners and operators also have to manage freight rate fluct...