Displaying items by tag: Shipping

Canada: CSL Group has agreed to buy 50% of Eureka Shipping, SMT Shipping agreement for CSL to acquire 50% of Eureka Shipping, SMT’s pneumatic cement vessel business. The new joint venture will allow Eureka and CSL to expand services to customers in the seaborne cement powder and fly ash transportation markets around the world. CSL’s Australian cement shipping business is not included in the joint venture.

“The joint venture represents an important step in CSL’s strategy to increase its presence in the global construction material sector,” said Louis Martel, President and chief executive officer (CEO) of CSL Group.

The companies say that the partnership is a strong strategic fit, leveraging the companies’ respective strengths in the shipping and handling of dry bulk cargos. There will be no change in the day-to-day management and operation of vessels in the Eureka fleet. The transaction is subject to regulatory approval and is expected to be completed by the end of June 2018.

Eureka Shipping operates a fleet of self-unloading cement carriers in the Baltic Sea, the Atlantic Ocean, the Mediterranean Sea, the Caribbean and Asia. SMT Shipping Group has, over the past 30 years, built a fleet of about 45 vessels through a number of joint venture companies operating in various bulk commodities markets, focusing on geared bulk carriers, floating storage/transhipment terminals and belt-unloaders.

Spain: The Port of Alicante is undergoing a Euro3m upgrade to build a new dock that can support larger vessels. Once completed the upgrade will allow ships with a length of up to 240m to dock, according to the Diario Informacion newspaper. Previously the port could only support ships of up to 165m. The site processes large volumes of cement and clinker and dust mitigation measures are also being installed.

Philippines: Phinma Group plans to buy a cement plant in Mariveles in Bataan and use it as a terminal to discharges exports from Vietnam. President and chief executive officer Ramon del Rosario, Jr added that the site will be operational by May 2019, according to GMA News. The site will be used to import and process 2mt/yr of cement. A deep water port at Mariveles is anticipated to allow Panamax size ships to discharge cement.

Bangladesh: A cargo vessel carrying 1035t of clinker has sunk on the Rupsha River. Local police said that water started to enter the ship, MV-BB 134, whilst in the middle of the river when a crack opened in its hull, according to the United News of Bangladesh news agency. The vessel sank within an hour. No casualties have been reported.

Somalia: Security contractors aboard the cement carrier NACC Valbella have repelled an attack by pirates off the coast of Somalia. According to the maritime security firm LSS-SAPU and the Maritime Executive, the ship was transiting 90nm south of Mukallah, Yemen when it was approached by a pirate mother ship. After lighting warnings flares the carrier exchanged gunfire with the pirates before they abandoned their attack and departed. The Valbella did not suffer material damage and no injuries were reported.

Netherlands: The Damen shipyard at Oranjewerf in Amsterdam has upgraded the cement carrying capacity of the Lelie C owned by Cebo Marine. Eight new cement silos, with a capacity of 40m³ each, have been installed on the vessel alongside general maintenance.

The silos were previously fitted on the VOS Symphony prior to it going for scrap. Damen Shiprepair Oranjewerf removed the tanks, refurbished them and then installed them on board the Lelie C. The shipyard also built a silo foundation and fitted it in the vessel’s hold. 80m of stiffeners were welded into place in the double bottom tanks to provide the necessary support. Alongside this, approximately 100m² of grating walkway was fabricated and fitted on the deck to give access to the manifolds on each of the new silos. The supply and discharge and air pipe system for the two existing silos was also refurbished to accommodate the new capacity.

“Two years ago we installed the original tanks from the Ritske, a vessel belonging to the same client, and now we have repeated the process again, this time on a much larger scale. The Lelie C began her life as a general cargo vessel, but now her transformation into a cement carrier is complete,” said Jeen van der Werf, Commercial Manager at Damen Shiprepair Oranjewerf.

Vietnam: Ha Tien 1 Cement has warned that a local government scheme in Ho Chi Minh City to replace cement grinding plants with distribution terminals could cost US$62m. The cement producer made the comments as part of a discussion on the development of building materials in the city, according to the Saigon Times newspaper. The government plans to shut down the cement pants on environmental grounds and to move them out of the city.

At present Ho Chi Minh City has 10 cement grinding plants and terminals with a capacity of over 10Mt/yr but this is below the city’s requirements. By 2020, the city may have a shortfall of 3.3Mt/yr. The city plans to build three terminals with a capacity of 1.2Mt/yr each. However, Ha Tien 1 Cement said that transport and loading fees would be huge as the city will require ships to transport cement from northern ports. In addition, the city will have to build special ports to receive bulk cement shipments from the north as the majority of the ports have no facilities for bulk cement.

Mozambique: Iran’s Qeshm Cement Company has prepared its first consignment of cement and clinker for exports to Mozambique. 47,000t of clinker and 3000t of clinker will be shipped on a free on board trade basis, according to the Bourse Press Agency. Hormoz Amiri, an official at Iran’s Qeshm Free Zone, added that the trading enclave plans to export 0.2Mt/yr of cement and clinker to Africa in the current Iranian financial year.

Canada: NovaAlgoma Cement Carriers’ (NACC) Canadian subsidiary has been awarded a long-term time charter agreement with Lafarge Canada, for the provision of a modern pneumatic cement carrier early in 2018. A bulk carrier owned by NACC will be converted into a pneumatic cement carrier. It will have maximum cargo deadweight in excess of 12,500t. The conversion process is expected to take around 10 months.

The vessel will primarily carry cement from Lafarge Canada's cement plant in Bath, Ontario to distribution facilities throughout the Great Lakes but the vessel will be capable of other services for Lafarge. NACC Shipping Canada will operate and manage the vessel in Canada. No duration for the contract has been released.

US: Canada’s McInnis Cement has started building a terminal in the South Bronx region of New York. The 6930m² warehouse will be able to store 43,000t of cement and load up to 80 trucks/day. Cement will be delivered to the site from McInnis’ plant in Port-Daniel, Gascons, Quebec. A barge-mounted ship unloader travelling between New York and Providence will be used to pneumatically transfer the cement into the warehouse.

Additional features to the terminal include a 24-hour operations schedule, rooftop solar panels and a fully enclosed truck load out system will mitigate dust. The site was chosen due to its access to the New York City Harbour. The area is also expected to see an investment of over US$45bn towards infrastructure projects and another US$6bn towards repairs following Hurricane Sandy in 2012.

“We are very excited to being one step closer to delivering cement to our customers in this area and along the east coast,” said McInnis Cement chief executive officer, Herve Mallet. “Once complete, the facility will set a new standard for development in the New York City Harbour, placing in harmony an industrial operation, with a natural wildlife habitat and waterfront access for citizens of the South Bronx.”