Diana Shipping secures charter for ultramax vessel

26 April 2024 Expansion and revenue boost in dry bulk sector (CW Group) Diana Shipping Inc. has announced the signing of a time charter contract for its Ultramax dry bulk vessel, the m/v DSI Phoenix, with Bulk Trading SA. The charter, set to commence on May 8, 2024,...

• Type: Article
• Category: Markets & trade

Cement Australia's Railton plant receives government funding

25 April 2024 Federal grant supports alternative fuels at Tasmania cement plant (CW Group) Cement Australia secures a significant federal grant of USD 34.4 million for an alternative fuels upgrade at its Railton cement plant in Tasmania, enhancing sustainability and...

• Type: Article
• Category: Environment

Hengli secures four bulkers from Ciner Shipping

24 April 2024 Turkish owner partners with Dalian-based shipbuilder for newbuilds (CW Group) Hengli Heavy Industries has clinched a deal with Turkish shipowner Ciner Shipping for the construction of four kamsarmax bulkers, signaling a significant expansion in their...

• Type: Article
• Category: Markets & trade

Danaos secures financing for new ships

24 April 2024 Advancing fleet expansion with loan (CW Group) Danaos Corporation has successfully secured a significant loan of USD 450 million to support the acquisition of eight new vessels, marking a strategic move in expanding its fleet and enhancing operational...

• Type: Article
• Category: Equipment & technology

Aquataurus leads with ABS Biofuel-1 notation

24 April 2024 content you tried to access is only available to paid subscribers.","link":"1"}]The Ultramax bulk carrier "Aquataurus" secures a historic milestone as the first vessel globally to attain the ABS Biofuel-1 notation, writes Portos e Navios. Carras...

• Type: Article
• Category: Markets & trade

Adbri secures government grant for Birkenhead facility upgrade

24 April 2024 Federal funding to enhance cement facility and reduce emissions (CW Group) Adbri, a prominent player in Adelaide's industrial landscape, has received a substantial USD 50 million grant from the federal government. This funding aims to facilitate an...

• Type: Article
• Category: Environment

Ciner expands fleet with four Kamsarmax newbuilds

22 April 2024 Turkish shipping firm secures significant bulk carrier additions (CW Group) Ciner Shipping, based in Turkey, has initiated a substantial expansion of its fleet with the addition of four kamsarmax vessels, according to Splash247.com. These new vessels,...

• Type: Article
• Category: Markets & trade

Méchins Shipyard: Bulk carrier contract boost

22 April 2024 Ocean Group's Méchins shipyard secures major international contract (CW Group) [PAID={"id":"12,13,14","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]Radio-Canada shares an important development at the...

• Type: Article
• Category: Markets & trade

Cemex obtains EPD for all cement varieties

19 April 2024 Environmental Product Declarations (EPDs) for all its cement varieties. In a move towards environmental stewardship, Cemex secures EPDs for all 23 types of cement produced across its Spanish factories. These EPDs, granted by AENOR, signify the company's...

• Type: Article
• Category: Environment

Diana Shipping secures charter for m/v P. S. Palios

19 April 2024 New Time charter contract boosts fleet operations (CW Group) Diana Shipping announces a new time charter contract for its Capesize dry bulk vessel, the m/v P. S. Palios, with Bohai Shipping (HEBEI) Co., Ltd, generating increased revenue potential for...

• Type: Article
• Category: Markets & trade

International Paper to acquire DS Smith

16 April 2024 Global packaging industry shakeup (CW Group) Packaging News shares a significant development as International Paper secures a GBP 5.8bn deal to acquire DS Smith, outbidding competitor Mondi. This acquisition marks a strategic move by International...

• Type: Article
• Category: Global

Cemex secures EUR 750 million bank refinancing

15 April 2024 Strengthening financial position with extended maturity and increased liquidity (CW Group) Cemex has completed a EUR 750 million bank refinancing, extending the final maturity of existing loans and enhancing liquidity. The refinancing agreement...

• Type: Article
• Category: Financial

California companies secure funding for cement decarbonization

12 April 2024 significantly reducing CO2 emissions inherent in traditional cement manufacturing. National Cement, operating in Lebec, secures up to USD 500 million to retrofit its existing facility, employing a multifaceted approach including clinker substitution,...

• Type: Article
• Category: Environment

National Cement secures financial aid to settle debts

12 April 2024 Funding to aid National Cement’s foreign liabilities (CW Group) According to The Star, National Cement has successfully secured a substantial financial package of KES 4.3 billion from Stanbic Bank Kenya to settle foreign debts associated with its...

• Type: Article
• Category: Markets & Competition

Heidelberg Materials awards MHI and Kiewit with FEED contract

12 April 2024 Partnership secures (FEED) contract for carbon capture technology at Edmonton cement plant (CW Group) Heidelberg Materials reveals a significant milestone in its Edmonton CCUS project, signaling a revolutionary step towards sustainable cement...

• Type: Article
• Category: Environment

Afrimat acquisition of Lafarge gets approval

11 April 2024 Acquisition bolsters construction materials portfolio (CW Group) Afrimat announces the successful approval of its acquisition of Lafarge South Africa, marking a significant step in the company's diversification strategy. With all regulatory approvals...

• Type: Article
• Category: Markets & Competition

Chinese firm secures Peru port contract

11 April 2024 Expansion of South American trade routes (CW Group) ChinaDaily.com informs that a Chinese construction firm, Jinzhao Peru, has been awarded a contract to construct a new port terminal in San Juan de Marcona, Peru, marking another milestone in the...

• Type: Article
• Category: Shipping & logistics

Simandou iron ore project secures financing

11 April 2024 Landmark agreement for infrastructure development (CW Group) GMK Center shares a significant milestone for the Simandou iron ore project, as shareholders secure a whopping USD 15 billion in financing for infrastructure development. The financing...

• Type: Article
• Category: Ports & handling

Building materials giant secures major investment boost

10 April 2024 Independent distributor IBMG attracts capital injection for expansion (CW Group) Insider Media Limited informs that Independent Builders Merchants Group (IBMG), a leading building materials distributor in the South of England and Midlands, has secured...

• Type: Article
• Category: Construction

Turkmen Shipyard secures IMO numbers for bulk carriers

08 April 2024 Milestone achieved for future ship construction (CW Group) Turkmen Portal reports that the "Balkan" shipbuilding and repairing yard has obtained IMO numbers from the International Maritime Organization for two 6100-tonnage bulk carriers currently under...

• Type: Article
• Category: Equipment & technology