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India's SCI acquires first of eight bulk carriers 25 July 2012 ┬á The vessel is the first vessel of the four Panamax bulk carriers ordered by SCI with STX (Dalian) Shipbuilding Co. Ltd., China. The order for the Panamax Bulk carriers was placed in August 2008. These vessels were ordered as part replacement of... Type: Article Category: Shipping & logistics Graig accepts first of two new handy size vessels 25 July 2012 Vessels are being built at the Jiangdong Shipyard in China. ┬á (CW Group) UK based Graig has taken delivery of the first of two vessels it ordered from the Jiandong Shipyard in China, reports, Marine Log. ┬á The 35,000 dwt handysize bulk carrier Graig... Type: Article Category: Shipping & logistics Golden Ocean accepts three late ships 24 July 2012 Delays in the construction of the vessels admitted by China's Zhoushan Jinhaiwan Shipyard. ┬á (CW Group) Singapore based Golden Ocean has accepted the late delivery of three ships it commissioned the Zhoushan Jinhaiwan Shipyard in China to build, at a... Type: Article Category: Shipping & logistics China's Conch spearheads energy conservation drive 23 July 2012 Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]China is bent on cutting emissions and conserving energy use, and has cited a 10% decrease in nitrogen oxide emissions from the... Type: Article Category: Environment Fears of China slowdown drag FLSmidth shares 23 July 2012 China is one of the company's biggest growth markets. (CW Group) Danish engineering firm FLSmidth has seen its shares bracketed by expectations China's economic expansion will cool, reports Bloomberg. Its shares fell as much as 4%, its biggest decline... Type: Article Category: Equipment China's BBMG says interim H1 numbers fell 23 July 2012 Reports indicate 12.75% fall in net profits. ┬á (CW Group) China BBMG reports interim results for its first half profits fell to 1.427 billion yuan, down 12.75%. ┬á January to June 2012, the company achieved operating income of 15.018 billion yuan, an... Type: Article Category: Financial Paradip coal import up in Q2 23 July 2012 coal with 14 percent ash content has come down to $88 per ton recently, down by 20 percent from March prices as demand from China and the USA dipped sharply during the period. In the past six to nine months, industries in the country have resorted to... Type: Article Category: Ports & handling Belgium's CMB reports lower Q2 profits 23 July 2012 Firm blames China slowdown, glut in cargo ships for drop in core profit. ┬á (CW Group) Belgian dry bulk shipper CMB says its Q2 profits dipped on slower China demand and a glut of cargo ships, reports Reuters. ┬á The company said on Thursday the... Type: Article Category: Shipping & logistics Sluggish demand drags Baltic Index anew 20 July 2012 coal. The average daily earnings for the capesize vessels fell┬á$159 to $5,383,as iron ore demand fell from top consumer┬áChina. According to Reuters, iron ore prices were down 26 percent from a year ago, but┬átraders said buyers are still not biting,... Type: Article Category: Shipping & logistics Australian bulk wheat exports surge 20 July 2012 Vietnam was AustraliaÔÇÖs second biggest export market, importing 1.5 million tons, which rose 10.6%. Meanwhile, exports to China increased by more than a million tons in the first nine months of this marketing year to 1.4 million tons. Following bad... Type: Article Category: Markets & trade Low used vessel prices attract Greek shipping firms 19 July 2012 all orders made during the second week of July, the report said. Of these, Swiss Marine ordered four dry-bulk carriers from ChinaÔÇÖs Dalian Shipyard, with a deadweight carrying capacity of 180,000 dwt each, for $44 million apiece, to be delivered in... Type: Article Category: Shipping & logistics Bright prospects lift Taiheiyo Cement shares 18 July 2012 ┬á (CW Group) Shares of Taiheiyo Cement are on the rise on the back of resurgent reconstruction efforts, reports Search China. ┬á Domestic cement demand is likely to exceed the expected increase in reconstruction and disaster prevention work. Because of... Type: Article Category: Markets & Competition China's National Machine Corp secures deal in Thailand 18 July 2012 content you tried to access is only available to paid subscribers.","link":"1"}]The National Machine Group China Power Engineering has signed a 60MW waste incineration and 30MW cement kiln waste heat power station project in Thailand worth $ 102... Type: Article Category: Equipment Sonmez Cement to install new cement unit in Turkey 17 July 2012 of the fast growing domestic and export market. It says the worlds total cement production in 2011 hit 3.6 billion tons, and China represents 56 percent of the amount. For its part, the Turkish cement industry has an annual production of 68 million tons... Type: Article Category: Plant Expansions Vale Beijing back in operation 17 July 2012 one of the world's largest dry bulk carriers is back in operation, reports Reuters. ┬á This is amid indications that China eventually plans to allow similar huge vessels to dock at its ports. The Dec. 6 accident at the Brazilian port of Ponta da Madeira... Type: Article Category: Shipping & logistics Dry bulk activity in Arctic waters expected to rise 16 July 2012 North Jersey. ┬á Nordic Bulk Carriers A/S plans to transport about six to eight 70,000 metric-ton shipments of iron ore to China from the Russian port of Murmansk starting in July, according to director Christian Bonfils. Using the so-called Northern... Type: Article Category: Shipping & logistics COSCOL issues first half profit warning 16 July 2012 Company follows China Shipping Haisheng in issuing warning to investors. ┬á (CW Group) COSCOL has issued a first half profit warning, saying it could fall as much as 99.5% to 700,000 yuan year on year, on week vessel rates, reports China Daily. ┬á It... Type: Article Category: Shipping & logistics Malaysia: Trade group wants AP requirement nixed 15 July 2012 Labuan Chinese Chamber of Commerce (LCCC) wants this for cement goods from China, Philippines. (CW Group) The Labuan Chinese Chamber of Commerce (LCCC) wants Malaysia to abolish the requirement of Approved Permit for the import of cement, reports The... Type: Article Category: Markets & Competition Cemcorp to start work on Jamaica plant this year 15 July 2012 those conditions of the approval," said Jackson. According to the report, Sinoma may be backed by the Export-Import Bank of China for possible construction loans, even though that may change, according to Jackson, while the Canadian investors are... Type: Article Category: Plant Expansions Cement sector in China optimistic about H2 13 July 2012 Local bank easing policy rates expected to boost construction demand. ┬á (CW Group) Cement companies in mainland China are optimistic that a gradual easing of bank policy rates will boost the construction sector in the country, a good sign for the... 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