Daily Archives: 22 January, 2009

Intel to close 2 plants in Penang

KUALA LUMPUR: Intel Corporation plans to close two existing assembly test facilities in Penang under the restructuring of its manufacturing operations. Intel said in a statement on Thursday it was restructuring some of its manufacturing operations and align its manufacturing capacity to current market conditions. …

Idle containership fleet grows to 255 vessels – 675,000 TEU

THE level of idle containerships has risen to historic highs, with 675,000 TEU, or 5.5 per cent of the global fleet now idle, according to AXS-Alphaliner News. This figure translates into around 255 container vessels by Alphaliner’s last count to January 19, up from around …

jan 22: Nymex crude oil jumped…

jan 22: Nymex crude oil jumped USD2.71 to USD43.55 a barrel.