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Egypt, China collaborate on new bulk ships agreement 26 April 2024 Strategic maritime expansion unveiled (CW Group) Amwal Al Ghad reports a landmark agreement between Egypt's National Navigation Company (NNC) and China's Jiangsu Hantong Ship Heavy Industry to construct two cutting-edge clean dry bulk ships. Scheduled... Type: Article Category: Markets & trade Egypt and China partner to construct two cutting-edge dry bulk ships 25 April 2024 vessels will adhere to the latest environmental standards and feature leading global designs. This landmark agreement marks a pivotal step towards bolstering Egypt's maritime capabilities, enabling the transportation of 20 million tons of critical... Type: Article Category: Equipment & technology TopBuild's acquisition abandoned amid antitrust concerns 25 April 2024 regulators, writes Industrial Distribution. The termination comes after the companies mutually agreed to end their agreement, unable to reach terms that satisfied both parties and addressed the Justice Department's competition concerns in the metal... Type: Article Category: Construction Hengli secures four bulkers from Ciner Shipping 24 April 2024 emerged as a key player in this segment. Following a previous order for ten similar vessels from Sea Traders, this latest agreement underscores the shipyard's commitment to meeting market demand for efficient and reliable bulk carriers. Having undergone... Type: Article Category: Markets & trade Danaos secures financing for new ships 24 April 2024 of eight new vessels, marking a strategic move in expanding its fleet and enhancing operational capacity. The loan agreement reflects Danaos' commitment to bolstering its fleet, with the funds earmarked for the acquisition of new vessels. This... Type: Article Category: Equipment & technology West Fraser sells pulp mills to Atlas Holdings 23 April 2024 Atlas will retain woodlands and timber holdings associated with the Slave Lake mill, as well as a long-term fiber supply agreement linked to the Quesnel River Pulp mill. West Fraser CEO Sean McLaren expressed gratitude to the company's employees and the... Type: Article Category: North America Belships expands fleet with Ultramax vessels 23 April 2024 ships. Under similar financing structures as previous newbuilds, the vessels will be acquired through time charter lease agreements spanning seven to 10 years, with purchase options available during the charter period. Before this agreement, the Lars... Type: Article Category: Markets & trade Kenya: KRSL to utilize geothermal steam in cement production 22 April 2024 sector, shares Think Geoenergy. Kenyan cement manufacturer Karsan Ramji and Sons Ltd (KRSL) has inked a 25-year agreement with Geothermal Development Company (GDC) to receive 40 tons/hour of steam for its newest cement plant. Steam Srl will lead the... Type: Article Category: Environment Alcoa acquires Australian aluminum producer Alumina 22 April 2024 and unlock value creation opportunities within the Alcoa World Alumina and Chemical (AWAC) joint venture. As part of the agreement, Alcoa will pursue a secondary listing on the Australian Securities Exchange and has secured a deal with Allan Gray... Type: Article Category: End-user Markets Jinhui Shipping expands fleet with landmark charter 22 April 2024 chartered its first 200,000-ton bulk carrier, marking a significant milestone in its fleet expansion strategy. The charter agreement, signed on April 17, sees Jinhui Marine Inc., an indirect subsidiary with approximately 55.69 percent equity interest,... Type: Article Category: Markets & trade Melhoramentos registers financial growth in 2023 19 April 2024 Net Revenue, underlining a trajectory of consistent growth. A pivotal factor in the year's success was a BRL 19 million agreement concerning past obligations on energy bills, further bolstering Melhoramentos' positive performance amidst industry... Type: Article Category: South America Diana Shipping secures charter for m/v P. S. Palios 19 April 2024 with Bohai Shipping (HEBEI) Co., Ltd, generating increased revenue potential for the company's operations. Under the agreement, the m/v P. S. Palios will be chartered at a gross rate of USD 27,150 per day, with the contract expected to commence on May... Type: Article Category: Markets & trade Surge in port of Malaga freight traffic signals growth 19 April 2024 attributing the surge to various factors. The redirection of shipping routes due to the Red Sea crisis, coupled with the agreement with MSC to resume regular container services, bolstered activity in the Western Mediterranean. Notably, container... Type: Article Category: Ports & handling FLSmdith signs a new 5-year service agreement with SSBIL 18 April 2024 New agreement boosts Abayak cement plant operations (CW Group) FLSmidth Cement announced the establishment of a new 5-year service agreement with S.S.B. International Limited (SSBIL) for the Abayak Cement plant in Akoga, Equatorial Guinea. Under the... Type: Article Category: Markets & Competition PAPACKS and EMBA forge renewable raw materials alliance 18 April 2024 a strategic collaboration to advance the exploration, development, and production of renewable raw materials globally. The agreement between PAPACKS and EMBA aims to revolutionize the paper-making and molded fiber packaging sectors by harnessing... Type: Article Category: Europe & Central Asia Cimpor workers initiate four-day strike 17 April 2024 to address worker concerns. The strike signifies a concerted effort by employees to push for revisions to the Company Agreement, following decades without industrial action. Fátima Messias, Feviccom's coordinator, underscores the significance of worker... Type: Article Category: People Hoffmann Green Cement releases 2023 financial report 17 April 2024 cement volumes sold, reaching 21,378 metric tons in 2023. Additionally, the signing of the first international licensing agreement in Saudi Arabia brought in a EUR 2 million upfront fee. Moreover, the introduction of Hoffmann carbon credits in late 2022... Type: Article Category: Financial Green investment increase reshapes southeast Asia 17 April 2024 decarbonization efforts. Singapore and Vietnam stand out for their progress in climate goals alignment with the Paris Agreement, although large-scale renewable energy deals were not secured as in previous years. Indonesia raised USD 1.6 billion, mainly... Type: Article Category: Markets & trade CEMEX-FIT partnership enhances infrastructure development 16 April 2024 content you tried to access is only available to paid subscribers.","link":"1"}]Diario Del Istmo shares an agreement between the Secretariat of the Mexican Navy (Semar), Ferrocarril del Istmo de Tehuantepec (FIT), and CEMEX, aimed at accelerating... Type: Article Category: Markets & Competition Cemex secures EUR 750 million bank refinancing 15 April 2024 EUR 750 million bank refinancing, extending the final maturity of existing loans and enhancing liquidity. The refinancing agreement includes extending the final maturity of an existing EUR 450 million Term Loan to 2029 and introducing a new EUR 300... 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