CMA: Diverging speed pressures on dry bulk and tanker markets
Market forces are creating different demand on vessel speeds in tanker and dry bulk markets, but with good news for owners in both segments.
Source: seatrade-maritime.com
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Chris Aversano appointed Global Maritime Club regional ambassador
Chris Aversano, CMA President, and Product manager, Q88, has been appointed as the first Americas Regional Ambassador of the Global Maritime Club.
Source: seatrade-maritime.com
Indian railways see 26% rise in cement freight
Indian railways see 26% rise in cement freight 11 January 2021 The volume of cement transported by Indian railways increased 26 per cent YoY in the September-December quarter to 35.5Mt, according to the Ministry of Railways. This also represented a 35 per cent growth compared to the 2QFY20-21. The rise in cement freight has been attributed to a seasonal improvement in construction activity across the country. However, freight costs rose six per cent YoY and three per cent QoQ, according to a report by JM Financial. Published under
Source: cemnet.com