| Trade & Commodities |
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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Brazilians to export Colombian coal
The Brazilian company MPX Energia has confirmed a potential to export 110 million tonnes of thermal coal from the La Guajira region in Colombia.
Published: 16 February 2010 | |
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Green dry bulk shoots in Latin America
According to the Latin American and Caribbean Economic Commission (CEPAL)demand for dry bulk has declined during the last few years in that region.
Published: 16 February 2010 | |
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Major profits boost for Rio Tinto
Global mining giant Rio Tinto saw its profits increase by 33% in 2009 despite large losses in its aluminium division and a dramatic decrease in commodity prices.
Published: 16 February 2010 | |
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More support for coking coal trade - More support for coking coal trade - February 2010
In many countries around the world, import demand for dry bulk commodities is expected to strengthen over the next 12 months.
Published: 16 February 2010 | |
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New mines planned for Brazil as China’s need for ore set to double
Published: 16 February 2010 | |
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Rice prices fall in Pakistan
Prices of rice in Pakistan have witnessed 3% to 6% drops due to a decrease in international demand and the presence of plentiful stock of rice in Africa.
Published: 16 February 2010 | |
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Iron ore shipments to hit one billion tonnes
A report issued by Clarkson Research Services suggests that iron ore shipments this year will rise by about one million metric tonnes.
Published: 19 February 2010 | |
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Rizhao tops iron ore import table
Iron ore imports at the Chinese Port of Rizhao amounted to 78.9 million tonnes last year, a dramatic increase of 50% year-on-year.
Published: 19 February 2010 |  |
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| Ports & Terminals |
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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PWCS aproves $670 million coal loading expansion
The Port Waratah Coal Services (PWCS) Board today approved a 670 million dollar expansion at the company’s Kooragang Island terminal, taking total PWCS expenditure on coal loading infrastructure over the past 12 years to more than 1.6 billion...
Published: 15 February 2010 |  |
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Antwerp welcomes Scheldt deepening
The saga of Antwerp’s River Scheldt access deepening has ended with a positive court ruling for the Belgian hub port, Europe's second largest.
Published: 18 February 2010 | |
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Baosteel takes 20% stake in Yantai port
Baosteel, China’s largest steel group, has made its second investment in a Chinese port after spending Yuan673.2m ($99m) to take a 20% stake in Yantai port, which has been set up at a cost of Yuan3.4bn.
Published: 18 February 2010 | |
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Brazilian company to build Chilean port
OMX, which is part of Brazil’s EBX group, has received the concession from the Chilean government to build a port in the city of Copiapó in the country’s Northern region.
Published: 18 February 2010 | |
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CVRD to set up distribution at Qingdao
Brazil’s iron ore exporter CVRD is planning to set up an iron ore distribution centre at Qingdao port in China.
Published: 18 February 2010 | |
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Mejillones-Angamos to boost capacity
The Northern Chilean port complex of Mejillones and Angamos is receiving investment of $115 million from Ultramar, the Belfí construction company and Inversiones Portuarías Norte Grande.
Published: 18 February 2010 | |
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Penco to handle coal for Chile
In Chile, Muelles de Penco has been granted approval to offer its services to a planned coal-fired power station.
Published: 18 February 2010 | |
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Peru builds new river port
The planned new port of Yaurimaguas in the Loreto region of Peru will cost an estimated $56 million to build.
Published: 18 February 2010 | |
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Queues at the Port of Newcastle approach pre-crisis levels
The queue of ships at major Australian coal port, Newcastle, is near its longest level since 2007, before the financial crisis, and waiting times are at a one-year record.
Published: 18 February 2010 | |
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Riga to have fertilizer terminal
One of Russia’s leading fertilizer producers, Uralchem, has put together a joint-venture with Riga Commercial Port, which is known as Riga Fertiliser Terminal.
Published: 18 February 2010 |  |
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Romero group invests in Peru
A subsidiary of the Romero group is to build the new Ancón Port in Peru, with work slated to commence in June of this year.
Published: 18 February 2010 | |
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Russia opens fertilizer port in the Strait of Kerch
Russia’s latest port, Taman, which is located in the Strait of Kerch, has been officially opened, following the legal setting of its boundaries.
Published: 18 February 2010 | |
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Sugar terminal for Brazil’s Port of Suape
The Brazilian port of Suape is to have a $40 million sugar terminal covering an area of 70,000 square metres in the port’s
industrial zone.
Published: 18 February 2010 | |
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Ust-Luga sells shares
The management company of the Russian Baltic port of Ust-Luga is to sell its shares to Lichtenstein-based organization,
Investport Holding Establishment.
Published: 18 February 2010 | |
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Agribulk up at Paranaguá
Dry bulk traffic at the Brazilian Port of Paranaguá had a good 2009, growing by 6.2% overall. Soya volumes rose by 14.29% and sugar by 15.53%.
Published: 19 February 2010 | |
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Angamos predicts 12% growth
The northern Chilean Port of Angamos, which is located at the heart of the country's copper industry, is predicting 12% traffic growth this year.
Published: 19 February 2010 | |
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Barranqueras revived
The Argentinian government has signed a $156 million contract with Hidrovía to renovate railway lines and bridges connecting the northeastern Port of Barranqueras, which should be operating at full capacity within 2 1/2 years.
Published: 19 February 2010 | |
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Klasco to expand bulk terminal
Lithuanian stevedore Klasco is to expand it is bulk fertilizer and agribulk terminal at a cost of $30 million.
Published: 19 February 2010 |  |
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Largest ever coal consignment as NMPT
India's New Mangalore Port Trust has revealed that it has handled its largest ever consignment of coal from a single vessel on one day.
Published: 19 February 2010 | |
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Mormugao seeks private sector partners
Mormugao Port Authority is introducing a number of initiatives, some of which include working with private sector partners, to boost imported coal handling capacity at the port.
Published: 19 February 2010 | |
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New grain terminal for Tuapse
Tuapse Commercial Seaport has inaugurated a 2.4 million tonne capacity grain terminal, which is now the largest in southern Russia. Grain shipped in by rail widens can be cleaned and sorted.
Published: 19 February 2010 |  |
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New Taman grain terminal
Food holding company Belgorod EFCO and grain operator RusAgroTrans are to jointly develop a grain terminal, which will be the largest deep water facility of its kind in Russia.
Published: 19 February 2010 | |
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Qingdao coal traffic benefits from Chinese bad weather
In January, the Chinese Port of Qingdao handled a record 28.1 million tonnes, an increase of 9.3% over the corresponding month in 2009.
Published: 19 February 2010 | |
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Riga to build Russian terminal
Riga Port Authority is to invest €85 million on dry bulk infrastructure on Krievu island, which forms part of Russia. There will be four cargo berths, where bulk commodities including coal will be handled.
Published: 19 February 2010 | |
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Rio Grande expands infrastructure
Work continues at the Brazilian Port of Rio Grande on extending the Barra Quay 370 metres towards the east and 700 metres towards the West.
Published: 19 February 2010 | |
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Tegran to open in Santos
Santos Port Authority (Codesp) and a consortium composed of Cargill Agro and Louis Dreyfus Commodities (LDC) have signed a leasing contract to build the Vegetable Grain Terminal (Tegran), which is situated in the Guarujá area on the left bank of the Port of Santos.
Published: 19 February 2010 | |
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Throughput hike at Ust-Luga
The Russian Baltic Port of Ust-Luga boosted throughput last year by more than 50%, equivalent to 10.3 million additional tonnes.
Published: 19 February 2010 | |
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| Engineering & Equipment |
Korean power plant to benefit from Cargotec’s bulk-handling capabilities
As part of a collaborative delivery with Hyundai Samho Heavy Industries, Cargotec will deliver and install four Siwertell screw type coal unloaders for use at Korea Western Power Company’s Taean Power Plant
Published: 15 February 2010 | |
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Cavotec Connectors continues steady expansion with new premises in southern Sweden
Heavy-duty electrical power connector and power unit manufacturer, Cavotec Connectors, continues its solid growth with the opening of new premises in Staffanstorp, southern Sweden.
Published: 18 February 2010 | |
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Irish Continental Group Opts for G HMK 6407 – First Gottwald Generation 5 Mobile Harbour Crane for Northern Ireland
Du¨sseldorf (Germany), 17 February 2010 – Gottwald Port Technology GmbH (Gottwald) nhas recently received an order from Irish Continental Group (ICG) for a new Mobile Harbour Crane for their operation at the Port of Belfast, Northern Ireland.
Published: 18 February 2010 |  |
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Liebherr’s mobile harbour cranes undaunted by volatile market
In a highly volatile business environment, Liebherr’s Mobile Harbour Crane Division delivered satisfactory operational performance.
Published: 18 February 2010 | |
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| Shipping & Transportation |
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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New Fire, Rescue & Safety Station opens in Gothenburg
Wilhelmsen Ships Service has opened a combined new warehouse and Fire, Rescue & Safety station in Gothenburg. Both are already operational.
Published: 16 February 2010 | |
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Moore Stephens boosts shipping risk management capability with AHL merger
Leading international accountant and shipping consultant Moore Stephens has strengthened its shipping industry risk management services capability following a merger with AHL Business Assurance Limited, a specialist provider of governance, risk and internal audit services.
Published: 16 February 2010 | |
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Shipping confidence levels hold up as concern persists about newbuilding glut
Overall confidence levels in the shipping industry have stabilised, according to the latest Shipping Confidence survey by leading shipping account and adviser Moore Stephens, although a sustainable recovery in the markets still appears to be some way off.
Published: 16 February 2010 | |
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Wilhelmsen Ships Service leads Sete league table
Latest official statistics show that the world's leading maritime service network, Wilhelmsen Ships Service, is listed as the top ships agency in the port of Sete, France in terms of taxable volume.
Published: 16 February 2010 | |
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New universal primer from International range meets all requirements
A new range of universal primers for the newbuilding market is being introduced to address the productivity, regulatory, performance and commercial needs of shipyards and ship owners alike — wherever they are.
Published: 17 February 2010 | |
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Wilhelmsen Ships Service Middle East wins WCA Award
Wilhelmsen Ships Service is proud to announce that it has won the WCA (World Cargo Alliance) Best Partner Award - Middle East 2009.
Published: 17 February 2010 |  |
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Coeclerici orders two bulkers
Coeclerici has placed an order with Chinese yard Iiangsu Hantong Heavy Industry for two 55,000 dwt self-unloading bulk carriers.
Published: 18 February 2010 | |
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Precious forms joint venture with India's PFS
THAI dry bulk operator Precious Ship- ping has formed a joint venture with PPS Shipping, part of the Indian shipbuilding group ABG, to develop a cement carrier dry bulk business.
Published: 18 February 2010 | |
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Favourable renegotiations of existing contracts
Bocimar has converted its order for three Aframax tankers from Hanjin into an order for four bulk vessels, i.e. one 180,000dwt unit to be delivered in October 2011 and three 205,000dwt units to be delivered in January, April and July 2012.
Published: 23 February 2010 | |
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New shipping company for Load Line boss
Greek shipping executive George Souravlas has emerged at the helm of a new shipping company aiming to focus on the handysize dry bulk sector.
Published: 02 March 2010 | |
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| Breakbulk & Bagging |
Decline in steel expected to bottom out in 2010
Declining European steel consumption is expected to bottom out during the first half of this year which could be positive news for owners of dry bulk carriers that transport steel products and raw commodities used to produce the material.
Published: 02 March 2010 |  |
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Japanese steel mills asked for quarterly contracts
The world's largest coking coal producer, BHP Billiton Mitsubishi Alliance, has asked Japanese steel mills to accept quarterly contracts which could shift the pricing index from annual contract.
Published: 02 March 2010 | |
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