Cement News tagged under: freight
Cement by sea12 June 2018, Published under Cement NewsMoving cement by sea is a difficult business, often requiring dedicated vessels fitted with specialist equipment. Shipowners and operators also have to manage freight rate fluctuations, new environmental regulations and what happens when there are not enough ships to go round. By James Johnston, Braemar ACM Shipbroking, UK. Dedicated cement carriers have integrated loading and discharge systems to minimise dust pollution As a somewhat specialised cargo, cement does not get ... |
Shree Cement to acquire railway siding operator01 May 2018, Published under Cement NewsThe board of India’s Shree Cement Ltd has approved the acquisition of Raipur Handling and Infrastructure Pvt Ltd, a private railway siding operator, for INR590m (US$8.8m). The acquisition will help the company improve the management of goods transportation on the railway network, according to a stock exchange disclosure. While the deal is subject to the approval from railway authorities, it is expected to be completed within three months of the execution of a definitive agreement, accordi... |
Coal price to come down, freight rates to harden20 December 2017, Published under Cement NewsChinese coal prices, which have fluctuated between CNY550-750/t (US$83.60-114/t) in the past two years, are set to ease going forward, as it is anticipated that the country's policy makers will allow Chinese miners to increase production again in response to prices reaching the upper range of US$100/t in Newcastle. Coal producers outside China are also ramping up production, tempted by the higher prices realised in 2017. US exports have been reported to expand at the highest pace in the l... |
BDI rallies on back of coal demand20 December 2017, Published under Cement NewsFreight rates in the dry bulk sector are rising on the back of a commodity boom. By the end of November 2017, the Baltic Dry Index (BDI) had improved by 45 per cent so far that year, coming in at over 1470 points in the closing week of the month. According to brokers, the late rise in dry bulk freight rates has been driven by renewed demand for coal in China and India. Some of this trend may be due to the Indian government’s potential extension of its petcoke ban forcing the country’s cement... |
Making the right moves23 October 2017, Published under Cement NewsThe opening moves in a chess game lay the foundation for every match. Likewise, assigning cement transport orders to contract hauliers plays a crucial role in the daily race for competitiveness. Algorithms can help planners and dispatchers avoid checkmate from their first move. By Thomas Bergmans and Dirk Schlemper, INFORM GmbH, Germany. Figure 1: haulier assignment in cement logistics When you see a good move, look for a better one. That was the advice given by 27-times world c... |
Lafarge helps boost rail freight for Zambia Railways18 September 2017, Published under Cement NewsZambia Railways Ltd (ZRL) has recorded an increase in freight in the first half of the year by 70,379t due to signing of service level agreements with local companies. Part of the increase was due to ZRL arranging a new contract with Lafarge Cement. ZRL Public Relations Officer, Sombe Ngonga, attributed the increase in freight to the acquisition of more business from its customers in the Democratic Republic of Congo and the importation of coal from Zimbabwe for the booming cement produc... |
Freight: 30m dwt of scrapping needed13 July 2016, Published under Cement NewsWith newbuilds arriving faster than owners are able to scrap their old carriers, the growing oversupply in the dry bulk shipping market is clear. Higher levels of ship scrapping will be needed to balance the market. Shipbroker Alibra Shipping noted in its latest weekly report that Capesize spot rates seemed to correspond with scrapping activity, with rates increasing in the first seven months of the year, peaking early August and declining from September onwards. It said “owners sold many... |
Freight fortunes?08 June 2015, Published under Cement NewsRecent developments in cement and clinker trade with shifts in demand patterns have combined with an increasing availability of bulk carrier capacity to push freight rates down. Can cement producers expect this trend to continue going forward? By Levent Karaçelik, Marvel Shipping, Turkey. The scenario for seaborne traffic is changing with lower demand being registered As domestic demand patterns shift and fortunes of local producers change, the cement and clinker trade between c... |
Slow Mediterranean market offers forward opportunities03 July 2014, Published under Cement NewsIt has been a very slow couple of weeks with few orders circulated in the market and often a long list of interested vessels for each new order. Clinker shipments from the Mediterranean to west Africa have been carried out at very sharp levels with owners taking the lower-paying cargoes and leave the extremely-saturated Mediterranean market, according to shipping broker Clarksons . Looking ahead, cement and clinker charterers expect to take full advantage of the low market. Some a... |
Freight prices to receive triple boost11 March 2013, Published under Cement NewsAs an oversupply in shipping capacity continues to plague the dry bulk freight market market with the Baltic Dry Index bumping along the bottom, there may be some signs of improvement. Higher forecast demand for commodities combine with reduced deliveries of new vessels and higher scrappage rates to support freight prices although a sustained recovery cannot be expected in the short term, according to Bank of America Merrill Lynch (BoAML) research. Persistent oversupply in capacity is bei... |