Daily Archives: 31 July, 2010

Shipowners: Why freight-forwarders, others let off hook?

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 …

BDI improves further by 41 points on July 29

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 …

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Shell Secures 14-year Lease To LBT Terminal At Westports

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 …