Lowest level of newbuilding contracts in 20 years
The shipyards have become the next victim of the deteriorating conditions in the dry bulk market.
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The shipyards have become the next victim of the deteriorating conditions in the dry bulk market.
Dangote Cement has announced its plan to start mining coal at Ankpa, Kogi State, in November.
Facts taken from The October issue of World Cement.
Nigerian billionaire Aliko Dangote’s fortune has fallen by 35% this year.
Société de Maintenance de l’Est awarded a contract to Claudius Peters Projects for the supply of two identical packing plants.
In December 2015 Intercem was awarded a contract by Lafarge-Holcim for the turn-key-supply of a hot gas system for a coal mill in Chekka.
Siwertell, part of Cargotec, has secured its fourth road-mobile unloader order from Turkish cement specialist, Muhammet Gümüstas.
Dangote Cement has raised the price of cement in Nigeria after a devaluation in the naira and disruptions to its natural-gas supply.
Growth expectations for global GDP have come down by 0.1 percentage point for both 2016 and 2017.
Severe overcapacity in the market and recently agreed contract rates on the transpacific trade lanes keeps pressure high on the liner companies.
Magotteaux has signed a significant contract for the supply of two full cement lines.
Dangote Cement has announced an update on trading and its conversion to coal.