| Trade & Commodities |
Bulk Supply/Demand Highlights
During the first part of November, average weighted bulk carrier earnings continued on the upward trend that commenced at the start of October, rising to $24,569/day on the 20th of the month. Earnings then dipped slightly w-o-w before rising again to stand at $23,721/day on the 4th December.
Published: 18 January 2010 |  |
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Global Coking coal Market analysis 2009
Seaborne Canadian coking coal exports fell slightly in August to stamd at 2.0mt, down by 11.7% m-o-m and 15.9% y-o-y. This brought exports in the year-to-date to 12.6mt, a decline of 30.4% in comparison to the same period in 2008.
Published: 18 January 2010 | |
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Global Iron Ore Trade Analysis 2009
South African iron ore exports have exhibited strong growth throughout 2009, increasing by 42.9% y-o-y in the first nine months of 2009.
Published: 18 January 2010 |  |
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Global Minor Bulk trade Analysis 2009
The worlds largest rice importer, the Philippines looks set to increase its share of global imports in 2009 after recent storms destroyed over 1mt of the country’s rice crop.
Published: 18 January 2010 | |
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Global Thermal coal market Analysis 2009
The contraction in European industrial production in 2009 (which was down by 14.0% y-o-y in September) has lead to a decline in demand for electricity and hence for steam coal.
Published: 18 January 2010 | |
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Grain Imports and Exports
The International Grains Council (IGC) currently projects global grain trade to reach 228.4mt in the current 2009/10 crop year (CY, July to June). The projection has been raised by 2.1mt from last month, due to larger than expected wheat imports by Brazil and Syria in particular.
Published: 18 January 2010 |  |
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A notable year for China’s bulk imports
China’s imports of dry bulk commodities increased at an
astonishing rate over the past 12 months.
Published: 20 January 2010 | |
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Brazil benefits from Indian sugar shortfall
Brazil’s sugar industry is benefiting greatly from the fact that
output in India fell from 31mt (million tonnes) in 2006/07 to
about 15mt last year.
Published: 20 January 2010 | |
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Global sugar deficit causes prices to surge
Prices of sugar globally remain a cause of concern because the commodity, essential in nature, has remained in short supply for two consecutive seasons with the cane crop failing in the world’s two leading production centres — Brazil and India.
Published: 20 January 2010 | |
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Grain import demand falters - Bulk Carrier Fleet Trade & Fleet Outlook January 2010
Various signs emerging over the past couple of months reinforced optimism about global dry bulk
trade growth in 2010.
Published: 20 January 2010 | |
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Unpredictable monsoon results in poor summer food crops in India
It was a foregone conclusion that India would be harvesting poor
summer food crops by November as the monsoon played truant in the first place and then floods in many parts of the country caused damage to standing plants.
Published: 20 January 2010 | |
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Coal terminal for Chinese city of Ningbo
A major new coal terminal is to be built at Zhoushan Port at the Chinese city of Ningbo. It will have an annual capacity of 18.4 million tonnes and be the largest of its kind in the province of Zhejiang.
Published: 22 January 2010 |  |
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US steel and car crises dent St Lawrence Seaway traffic
The 50th anniversary of St Lawrence Seaway has proved to be a nightmare for shipping lines as the global recession forced down cargo volume to a level not seen since 1961.
Published: 25 January 2010 | |
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BHP pushes growth of iron ore
BHP Billiton Ltd, the world’s biggest miner, has approved US$1.93bil in capital expenses to spruce up rail and port facilities as it steps up expansion of its Australian iron-ore business to feed rising demand from China’s steelmakers.
Published: 31 January 2010 | |
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Eskom's coal demand lessens
Eskom, the South African electricity provider, will need a third less coal than expected to feed its power station by 2018 as the recession erodes electricity demand, the head of generation has said.
Published: 02 February 2010 | |
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Richards Bay coal exports
South Africa’s coal exports declined to 61 million tonnes in 2009, largely due to constraints on the railway to Richards Bay.
Published: 02 February 2010 | |
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South African coal prices to rise as Asian demand soars
Asian imports of steam coal would rise to 460mt (million tonnes) this year from about 400mt last year, which would boost prices, a coal consultancy said yesterday.
Published: 02 February 2010 | |
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| Ports & Terminals |
Steveco Oy adapts to a changing market
Major Finnish stevedore Steveco Oy began operations in 1884. At that time, the port of Kotka was full of sailing ships, with up to ten
vessels at anchor.
Published: 05 November 2009 | |
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Transnet plans upgrades for rail line, coal and iron ore
Transnet, South Africa's state-owned logistics group, is ti raise up to $1bn in a bond issue by the first quarter of 2010, to fund expansion projects.
Published: 12 January 2010 | |
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RBCT to increase coal export capacity
Despite more challenging conditions Richard Bay Coal terminal (RBCT) exported 61.14mt (million tonnes) of coal last year, about the same as it had exported in 2008 when it exported 61.7mt, the company said last week.
Published: 14 January 2010 |  |
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Chennai port reverses strategy to become multi-cargo terminal
Reversing its previous year’s plan to become a ‘clean port’, Chennai Port Trust (ChPT) has repositioned itself as a multi-cargo terminal, which will handle all categories of goods ranging from coal, iron ore and oil through sugar, edible oil and other perishables to containerized cargo.
Published: 18 January 2010 | |
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AGP cements long-term relationship with ArcelorMittal
The AGP stevedoring group has consolidated its relationship
with the ArcelorMittal group by extending for a further four years...
Published: 22 January 2010 | |
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Grain storage boost at Paranagua
The Brazilian Port of Paranagua is to invest $26 million from its
own resources in expanding its capacity to receive and store
grain.
Published: 22 January 2010 |  |
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Grain terminal for Russia’s Port of Tuapse
A two million tonne-capacity grain terminal at the Russian Port of Tuapse has commenced operations. The facility is accepting consignments of grain for export shipped in by rail as part of a trial opening in the last quarter of 2009.
Published: 22 January 2010 | |
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New Mangalore to improve iron ore handling
Growing iron ore volumes at India's New Mangalore Port have prompted the governing trust to look at ways of improving
mechanical handling of shipments.
Published: 22 January 2010 | |
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New Mozambique port made viable by Botswana coal
Research confirms that a new port at Ponta Dobela in southern Mozambique could be viable if it can attract export coal from Botswana, where high-quality seams could generate up to 40mt (million tonnes) a year.
Published: 22 January 2010 | |
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Sohar to accommodate Very Large Ore Carriers
A contract has been awarded for the construction of a new quay at the Port of Sohar in Oman to accommodate Very Large Ore Carriers (VLOCs).
Published: 22 January 2010 | |
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Prince Rupert Records 12 year-high Cargo Volumes in 2009
The Port of Prince Rupert has sailed safely through the receding global economic storm, recording its highest volume throughput since 1997.
Published: 26 January 2010 | |
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MPX to build $150M Colombian coal port
Brazilian power company MPX Energia S.A has bought 521 hectares of land in Colombia on which it plans to build a 20 mtpa coal export terminal. It plans to spend $150M on the port, which will be located in the Dibulla region, Department of La Guajira.
Published: 05 February 2010 | |
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| Engineering & Equipment |
Nectar launch expanded model range for 2010
Building on the strength of its Compac 140 mobile bagging machine, the Worlds most advanced mobile bagging system, Nectar Group is launching an entirely new model range for 2010.
Published: 05 January 2010 | |
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Liebherr wheeled loader handles rock salt
Cobra Middlesbrough Limited in the UK has been operating
Liebherr wheeled loaders at its rock salt processing facilities in
North Road for a number of years...
Published: 12 January 2010 | |
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A new type of Theyssenkrupp unloader is realized
In the end of 2007 ThyssenKrupp Fördertechnik, Business Unit Materials Handling, St. Ingbert-Rohrbach (TKF) received the order to design and deliver a new type of barge unloader for the Indonesian BONTANG COAL TERMINAL (UPGRADE STAGE 2).
Published: 22 January 2010 |  |
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Oscillation breakthrough quadruples dust-suppression coverage area
Major dust-suppression equipment company Dust Control Technology (DCT) has announced the introduction of a 180° oscillation option on its two largest designs, effectively quadrupling the coverage area of each machine.
Published: 22 January 2010 | |
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Smiley Monroe wins repeat order for conveyor dust encapsulation system
UK company Smiley Monroe Ltd recently installed its fourth conveyor spillage control and dust encapsulation system at Brunner Mond’s Lostock site, having won the business due to its previous record of carrying out work safely...
Published: 22 January 2010 | |
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Stewart Group announces partnership with G&T
Stewart Group, the UK-based international inspection, analysis and
assaying group has formed a significant new partnership with anadian specialist metallurgical and mineralogical research laboratory G&T Metallurgical Services.
Published: 22 January 2010 | |
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TKF delivers coal handling plant to TIS
In May 2007, Transinvestservice awarded a contract to ThyssenKrupp Fo¨rdertechnik to supply a coal handling plant. The contract included a wagon tippler with side arm charger, a stacker and a shiploader for coal, ore pellets and ore concentrate.
Published: 22 January 2010 | |
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| Shipping & Transportation |
MOL to Boost Investment in Gearbulk
Mitsui O.S.K. Lines, Ltd. announced a move to increase its investment share in Gearbulk Holding Limited ("Gearbulk") from 40% to 49% effective at the end of December 2009. MOL has been a shareholder in Gearbulk since 1991.
Published: 06 January 2010 |  |
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Thai-ed over: bucking the trend in an economic downturn
South East Asian ship owner bucks the trend during global
downturn through its long-term diversification strategy and a
conservative approach in sales and purchase market.
Published: 22 January 2010 | |
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TTA’s diversification plan
TTA’s long-term plan is to diversify away from its core bulk
shipping business to ensure stable growth prospects for
shareholders.
Published: 22 January 2010 | |
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Cosco delivers supramax bulker
Singapore-listed Cosco Corp says its 51%-owned subsidiary Cosco Zhoushan Shipyard has successfully delivered a 57,00dwt supramax vessel Dai Shan Hai.
Published: 25 January 2010 | |
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MOL lifts Gearbulk Holding stake to 49%
JAPANESE shipowner Mitsui OSK Lines has increased its stake in Bermuda- headquartered Gearbulk Holding from 40% to 49%.
Published: 25 January 2010 | |
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Wilhelmsen Ships Service provides agency support to major port construction project
Wilhelmsen Ships Service has secured a contract to provide ships agency services to Van Oord at Maasvlakte 2, the major port expansion project in Rotterdam. Land reclamation in the North Sea and dredging of the port basins will expand the existing port and industrial zone on the west side of Maasvlakte with 1000 hectares new land for port activities and industry.
Published: 25 January 2010 |  |
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Bureau Veritas upgrades maritime portal
LEADING international classification society Bureau Veritas has upgraded its dedicated maritime website to make it easier for the shipping industry to keep up with changes to statutory and class requirements.
Published: 29 January 2010 | |
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IBIA dispels confusion over EU directive on in-port sulphur limits
THE International Bunker Industry Association (IBIA) has moved quickly to dispel the apparent confusion currently surrounding implementation of the EU directive requiring all ships to use low-sulphur fuel while at berth in EU ports.
Published: 02 February 2010 | |
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| Breakbulk & Bagging |
China steel production climbs
China’s crude steel production grew by 37.4 percent last Novermber, according to a Dec. 29 report by China’s National Development and Reform Commission.
Published: 21 January 2010 |  |
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Breakbulk Fundamentals: Maritime Logistics online
Teledata Marine Solutions, in collaboration with the Breakbulk Institute, USA, is pleased to offer the first ever, interactive online course in Breakbulk Fundamentals.
Published: 25 January 2010 | |
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Shippers see worst Great Lakes year in seven decades
With the lowest cargo volume in 71 years for iron ore and the worst in 77 years for coal, the two chief backbones of U.S. Great Lakes shipping, fleet leaders are expecting better shipping in 2010 – but only mildly better.
Published: 25 January 2010 | |
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World steel output fell 8% in 2009
World steel output fell by 8 per cent last year as the economic crisis pounded major producing countries, but emerging powers China and India bucked the trend, an industry group says.
Published: 25 January 2010 | |
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