Displaying items by tag: Shipping

Russia: After two years of transporting its product by land only, Siberian Cement has reported a busy summer shipping window in 2019. In the two months to the end of August 2019, it shipped 15,500t of cement to Novy Port on the Gulf of Ob, Arctic Ocean. The company has announced its intent to move 17,000t in 2020 and 13,000t in 2021 by means of it 1000t-capacity barges.

Spain: FYM-HeidelbergCement has launches a new clinker conveyor at the Port of Malaga. The new Euro2.5m project started by loading 4800t of clinker onto a ship bound for Ireland. The conveyor will continue to be tested in August 2019 with 30,000DWT and 40,000DWT vessels. The enclosed conveyor has a load capacity of 650t/hr. the project also included setting up two storage areas in the Pescadería area of the city.

Sri Lanka: The Sri Lankan Navy has rescued nine sailors from the ‘Sri Lanka Glory,’ a barge that transports clinker to the Rugunu cement grinding plant in Galle. The barge was forced off course by gale-force winds off the coast of Rumassala, according to the Daily Mirror newspaper. A previous attempt to retrieve the seamen from the damaged vessel by tug had failed.

Canada: McInnis Cement has closed a US$380m refinancing deal. US$230m will be provided by an increase McInnis Cement’s senior loan from a syndicate of 11 Canadian and international banks and the remaining US$150m comes in the form of a loan by the Caisse de dépôt et placement du Québec (CDPQ) and Beaudier. This refinancing also makes it possible to repay a bridge loan granted by BlackRock in 2016.

The cement producer also provided details on various projects it is undertaking. Two new cement silos will be built at the company’s integrated cement plant at Port-Daniel–Gascons. Nearly 200 workers will be mobilized on the site during the peak construction period of the two silos, during the autumn of 2019.

Its Bronx Terminal in New York, US has doubled its loading capacity for customers. A second truck-loading lane is now fully operational. A new 40,000t warehouse is currently under construction at its Providence Terminal in Rhode Island, US bringing the total storage capacity to 75,000t. A new truck-loading lane will also be added and commissioned in time for the 2020 spring construction season. McInnis Cement has also confirmed the charter of the NACC New Yorker, a 24,000t self-unloading vessel, in conjunction with Nova Marina Carriers. It will join other vessels in its fleet including the NACC Quebec (14,000t), the Cielo di Gaspesie (35,000t) and the Resolute unloading barge.

Germany/US: Germany’s Baltrader and US-based United Bulk Carriers (UBC) have launched the Cement Carrier Alliance (CCA) to cooperate the marketing of their respective fleets of pneumatic cement carriers. The aim of the deal is to offer a wider range of vessel sizes to existing and new customers while enhancing marketing to current and developing markets. The two companies operate 15 self-discharging cement carriers with a range of 3000 – 15,000DWT vessels.

Both companies will remain independent entities each operating out of their own offices while offering continuity in their customer relationships. CCA will be jointly represented by the UBC office in Philadelphia and the Baltrader office in Hamburg.

China: Cosco Shipping Bulk, part of Cosco Group, has signed a strategic deal with Conch Logistics, the logistics subsidiary of Anhui Conch. The agreement will see the two companies jointly develop in the cement logistics sector, according to Asia Shipping Media. In December 2018 Anhui Conch ordered four 12,500DWT bulk carriers from the Jiangdong Shipyard with delivery scheduled in 2020. Cosco Shipping Bulk operates the largest bulker fleet in the world with total capacity of over 33MDWT.

Vietnam: Long Son Cement has launched the Vu Dinh 125, a 7000t cargo ship at the Hai Phong Pacific Shipyards. The vessel will be used to transport bulk cement to the central and southern domestic markets and for export to China, Taiwan, Japan and the Philippines.

Oman: Resolve Marine Group (RMG) says it has completed the wreck removal of the bulk cement carrier MV Raysut II. The ship was grounded on Fazayah Beach in May 2018 due to poor weather. The location is home to several endangered species of sea turtle which nest there and RMG worked to remove the ship without causing environmental damage.

At the time of its grounding the vessel held around 6750t of cement. After attempts to refloat the ship failed it was declared a constructive total loss. In November 2018 RMG was awarded the contract to remove the ship and its cargo. It was partially repaired and refloated with its cargo onboard in February 2019. It was then towed to the Port of Salalah where the cargo was discharged and the ship was recycled.

Bangladesh: The Bangladesh Cement Manufacturers Association (BCMA) has asked for import tariffs on clinker to be reduced. In a letter to the National Board of Revenue (NBR) it requested that the duty be cut to either US$2.40/t or a fixed rate of 5%, according to the Dhaka Tribune newspaper. Importers pay around US$6.00/t at present. The BCMA argues that the cement industry is paying more than other industries for its imports.

The association has also called for value added tax (VAT) on raw materials to be cut to 5% from 15%, reducing advance income tax to 2.5% from 5% and exempting regulatory duties for fly ash and import duties for cement bulk carriers.

Netherlands: Ferus Smit has launched MV Shetland at its Westerbroek Yard. The 8000DWT vessel is the third dedicated cement carrier built for JT Cement, a joint venture between Sweden’s Erik Thun and Norway’s Jebsen Cement.

The ship is equipped with a liquefied natural gas (LNG) fuelled propulsion system to reduce its emissions. It incorporates a 200m³ pressurised LNG tank positioned in the foreship. The cement cargo system will consist of a fully automated cement loading and unloading system, based on fluidisation of cement by means of compressed air.