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Saudi Cement Shortage: Ten Million Tons on Order

Maritime Activity Reports, Inc.

June 28, 2013

Port of Damman: Photo courtesy of the port

Port of Damman: Photo courtesy of the port

Saudi Port Authority (SPA) says cement shipments have been coming since implementation of the decrees of Custodian of the Two Holy Mosques King Abdullah to import 10 million tons of cement to cover local demand.

Citing the press spokesman for the SPA, Arab News reports that seven  seven ships with 202,000 tons of cement reached Dammam Port last week; one ship was loaded with 50,000 tons and another with 45,000 tons. Additionally, 72,000 tons will come through Jazan Port.


The spokesman added that the incoming shipments from the UAE will help face up to the continuing cement crisis.

Source: Arab News

 

The orderbook for U.S. dredgers is about $3B, and according to DCA CEO Bill Doyle, the incoming political administration could help this niche maritime sector continue its bull run.
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