Kota Kinabalu: The Malaysia Shipowners Association (Masa) feels slighted at being held responsible for the higher costs of goods and services in Sabah, while forwarding agents, hauliers, ports and warehouse operators are spared. In this context, it said the Federation of Sabah Manufacturers (FSM) should …
It is reported that on July 29th 2010, Baltic Dry Index reached 1942 points, up by 41 points as compared to July 28th 2010. Capsize BCI Change SPOT 4 TCE AVG 1886 +85 INDEX 14443 +864 July 28th 2010 13579 Year Ago 57471 All except …
KUALA LUMPUR, July 30 (Bernama) — Shell Malaysia Trading Sdn Bhd has signed a long-term sub-lease agreement Thursday with Westports Malaysia Sdn Bhd at Port Klang for storing, supplying and distributing petroleum products. The 14-year agreement enables Shell to operate and manage liquid bulk cargo …
… or rays of illusion? to have a clearer picture of the situation, reports of such should come with breakdown of:1) empty containers being imported / exported2) laden containers being imported / exported3) transshipment containers – laden and empty 2009 was a period where there …
Reuters reported that Taiwan’s CPC Corporation will join private firms U Ming Marine and Chinese Maritime Transport to set up an oil shipping venture with a total investment of TWD 29.7 billion. State owned CPC said in a statement that it will have 48% of …
The International Monetary Fund said that Asia has emerged as a global powerhouse in the process of recovering from the worldwide economic crisis, and its economic performance will likely continue to grow down the road. Mr Dominique Strauss Kahn MD of IMF said that “Asia …
The World Steel Association has published the 2010 edition of World Steel in Figures. The largest five steel producing worldsteel member companies in 2009 were: Rank Country Volume Share 1 ArcelorMittal 77.5 6.3% 2 Baosteel 31.3 2.6% 3 POSCO 31.1 2.5% 4 Nippon Steel 26.5 …
The World Steel Association has published the 2010 edition of World Steel in Figures. In 2009 the five major steel producing countries were Rank Country Volume Share 1 China 567.8 46.3% 2 Japan 87.5 7.1% 3 India 62.8 5.1% 4 Russia 60.0 4.9% 5 United …
riday, 09 July 2010 12:01 I. MAY 2010 1. Malaysia’s exports and imports continued to register a double digit growth in May 2010, year-on-year. Exports surged by 21.9% to RM52.3 billion, while imports soared by 34.2% to RM44.2 billion. As compared with April 2010, both …