Cement News tagged under: freight
Lafarge wins rail freight ‘Oscar’ for Northfleet reconnection project24 September 2012, Published under Cement NewsLafarge 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 event, led by Rail Freight Group (RFG) chairman Lord Tony Berkeley, Lafarge was chosen ahead of DB Schenker Rail, and Network Rail & Funding Partners, in the Rail Freight Project of the Year category. Lafarge’s Northfleet rail project involved the reconnection of its former cement works on the south... |
Shipping rates soften across the board02 August 2012, Published under Cement NewsWith 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 Atlantic market, prices for charters were significantly more affected in the western hemisphere, noting rate decrease of up to a third. The Pacific held up better with declines ranging in the 6-16 per cent bracket. In the Handysize segment RV Atlantic charter rates fell by a quarter to US$11,500/day over the ... |
Handy and capesize markets soften while panamax continues climb20 July 2012, Published under Cement NewsThe 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 ended 11 July, the handysize market experienced a softening the following week, particularly in the Atlantic Basin where day rates fell from US$16,600 to US$15,447 for the RV Atlantic contract on 18 July. The Pacific counterpart noted a four per cent drop from US$9400 to US$9000. Few new cargoes were observed as ... |
Out of the doldrums11 April 2012, Published under Cement NewsDespite 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 keep shipyards busy in recent years is now catching up as capacity outpaces demand. Freight rates continue to decline as overcapacity outpaces demand Freight rates continue to bump along the bottom since the low of 647 on 3 February. The latest indications, on 22 February, put the Baltic Dry Index (BDI) a... |