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Diana Shipping extends charter for Amphitrite 10 January 2024 specializing in the ownership and bareboat charter-in of dry bulk vessels, has successfully extended the time charter contract for one of its key assets, the Amphitrite. This strategic move strengthens the company's commitment to stability and long-term... Type: Article Category: Markets & trade CSSC's green fleet expansion 09 January 2024 New contracts forge path for environmentally friendly bulk carriers (CW Group) The China State Shipbuilding Corporation (CSSC) made a groundbreaking announcement on January 3, revealing newbuilding contracts that mark a significant step towards... Type: Article Category: Equipment & technology Eastern Province Cement awards USD 270.5 million contract to Sinoma 08 January 2024 The announcement underscores the company's commitment to expansion and cutting-edge technology. Executed as a turnkey contract, the project encompasses a spectrum of operations, including engineering, supply, construction, installation, commissioning,... Type: Article Category: Plant Expansions Kuwait-China partnership fuels construction project 05 January 2024 a significant four-year Ready Mix Concrete (RMC) supply agreement with China Gezhouba Group (CW Group) The lucrative contract, valued at 36 million Kuwaiti dinars (USD 117 million), signals a robust partnership, as revealed in the company's disclosure... Type: Article Category: Concrete & Brick Suzano and Cosco Shipping launch “Green Santos” 04 January 2024 initiation in 2017, Suzano and Cosco Shipping have expanded both in volume and service scope. The recent long-term contract, signed in 2022, solidifies Cosco Shipping's commitment to building customized vessels to support Suzano's growing presence in... Type: Article Category: South America Eldorado Celulose dispute: Legal battle unfolds in pulp industry 03 January 2024 Incra's statement differently, asserting that the institute recognized the validity of the Eldorado Celulose purchase contract but advised that control transfer be authorized by the National Congress. Accusing J&F of unethical conduct and creating... Type: Article Category: South America Contango eyes lucrative deal with global player 02 January 2024 had made its first sale to TransOre International FZE under an offtake agreement but is now exploring a larger, long-term contract amid discussions with potential partners. Contango maintains a 70 percent interest in Muchesu Coal Mine, a significant... Type: Article Category: Markets & trade Tecnimont gains approval for ammonium nitrate plant 02 January 2024 the full Engineering Procurement and Construction (EPC) activities expected to proceed by the end of June 2024. The EPC contract, valued at USD 300 million, with approximately USD 220 million allocated to Tecnimont, aims to replace aging ammonium... Type: Article Category: Plant Expansions Japan: cement sales contract for the 15th straight month 29 December 2023 sales totaling 3.1 million tons, an 8.4 percent decline from the previous year, this marks the 15th consecutive month of contraction, indicating a sustained downturn in the industry. Across various regions, the Kanto 1st ward, encompassing Tokyo,... Type: Article Category: Financial Navi Merchants expands fleet with innovative short-sea coasters 18 December 2023 Denmark's Navi Merchants A/S, a fully owned subsidiary of the Copenhagen Merchants Group, recently inked a new building contract on December 14. The agreement entails the construction of three 7500 mt dwt short-sea coasters, signaling a significant... Type: Article Category: Equipment & technology Chinese aluminum market reports surplus 15 December 2023 +62), copper (8460, +223), zinc (2497, +74), lead (2037, +38), and nickel (16762, +519). The Shanghai Futures aluminum contract closed at 18,850, up 190. Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited. Type: Article Category: End-user Markets Rise in European coal imports signals winter demand boost 14 December 2023 (ARA) hit a three-week low of 5.6 million tons, creating an opportunity for fresh arrivals. The API 2 front-month coal contract, reflective of northwest Europe delivery, averages USD 115/t this month, slightly down from USD 117/t in November. The... Type: Article Category: Markets & trade Wärtsilä's green hybrid solution powers Aasen shipping's fleet 13 December 2023 stems from the successful deployment of similar technology on their earlier vessels, Aasfoss and Aasfjell. The new contract signifies a pivotal move towards cleaner and more efficient cargo transport. The Wärtsilä engines not only optimize performance... Type: Article Category: Equipment & Technology Wind turbines to power RoRo ships 13 December 2023 premier sustainable Ro-Ro facility. The goal is to supply all moored ships with green shore-side power by 2030. The contract encompasses two E-82 E4 WECs, boasting a nominal power of 2.35 MW each, mounted on 78-meter steel towers, and equipped with... Type: Article Category: Equipment & technology Aluminum prices fall in China 13 December 2023 around potential excess supply surfacing in LME warehouses before the Third Wednesday expiry of the key three-month contract, further contributing to market uncertainty. The broader impact on base metals was evident as copper and other commodities faced... Type: Article Category: Pricing Hoffmann Green signs exclusive licensing deal for North America 13 December 2023 to decarbonize the sector. Successful tests culminated in an agreement, defining the framework for an exclusive licensing contract, set to be finalized by March 31, 2024. This groundbreaking licensing agreement will spur the construction of multiple... Type: Article Category: Mergers & Acquisitions Overhaul in packaging and paper REP sectors 13 December 2023 on December 10, outlines the approval process for all products under Law No. 2023-305. Notably, a singular standard contract with local authorities is mandated if multiple eco-organizations are approved. Following public consultation and criticisms, the... Type: Article Category: Global Sinoma secures USD 238 million contract from Holcim 08 December 2023 for Holcim Belgium (CW Group) Sinoma International Engineering has clinched a substantial EUR218 million (USD238 million) contract with Holcim Belgium. The deal involves the construction of a clinker cement production line and encompasses various... Type: Article Category: Plant Expansions Brazilian soybean market sees surge in Chicago 01 December 2023 Volatility marks month-end as soybean contracts navigate Brazilian climate (CW Group) [PAID={"id":"12,13,14","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]In a dynamic close to the month on the Chicago... Type: Article Category: Markets & trade Geo-political dynamics reshape petcoke market 29 November 2023 coal prices. Petcoke discounts decline as coal retraces. Sanctions lift on Venezuela boosts supply. USGC FOB 6.5 percent S contract rises 12 percent to USD 94. USGC FOB 4.5 percent S contract increases 11 percent to USD 102. CFR ARA 4.5 percent contract... 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