A new UN convention on carriage contracts (Rotterdam Rules) could increase the liability of marine terminal operators when it comes into force, says TT Club. The UNCITRAL Draft convention on contracts for the international carriage of goods wholly or partly by sea’, now known as …
dec 4: Malaysia Oct exports fell 2.6% to RM53.46b fm yr ago, down by 14.2% fm Sept due to lower E&E, commodities, CPO exports
COSCO has suspended its joint FES Asia-Europe service, substituting it with a new plan to sell 1,500 slots a week to its erstwhile partners from its fleet’s eight 10,000-TEU ships assigned to its new Asia-Northwest Europe (AES) loop, reports Xinhua. Under the plan, Cosco hopes …
dec 2: Oct global chips sales fell 2.4% to USD22.5bil from USD23b in 2007 / down fm USD23b in Sept, says Semiconductor Industry Assn
dec 2: Crude oil settled down USD5.15 to USD49.28 a barrel