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Monthly Archives: August 2010

Road ban during Hari Raya 2010

Road ban during Hari Raya 2010

i couldn’t locate any official statement from the goverment agencies website but should be as follows. refer to the Chinese New Year road ban post i’ve had in here earlier for translation. seem rather similar. See attached road ban notice. Northport’s notice in August regards …

NOL orders two 10,700-TEUers, APL up 18pc teus in 4 weeks

SINGAPORE’s Neptune Orient Lines (NO Daewoo Shipbuilding and Marine Engin reports Singapore-based Logistics Week NOL said the order is part of a 12-ship order adding to a series of eight similar size ship delivered in 2012 The company’s container shipping arm, APL, h 18 per …

MSC to hike south east Asia-Oz rate US$300/TEU October 1

GENEVA’s Mediterranean Shipping Co (MSC) has announced a freight rate rise between southeast Asia and Australia. From October 1, its freight rate between ports in Indonesia, Malaysia, Singapore, Thailand and Vietnam and Australia will be raised US$300 per TEU. Source: Asian Shippper (27th August 2010)

Port Klang union urges standardisation

(PORT KLANG) The Union of Port Ancillary Supply Services (Unepass) yesterday called on the Port Klang Authority (PKA) to standardise the lashing and unlashing rates to avoid undercutting by contractors. The move will also help to reduce the employment of cheap foreign labour by port …

Crude oil prices up.. crawling..

Crude oil prices climbed 84 cents to USD73.36 per barrel. Source: STARBIZ 27th August

Crude oil continue to slide..

20/8 Crude oil prices dropped 99 cents to USD74.43 per barrel. Source: STARBIZ

Westport to standardise closing time to 10 hours before ETA

Westport issued a statement advising closing time for export containers will be 10hours prior to ETA instead of current 12 hours – with immediate effect.

Rays of recovery – Malaysia to register high growth in Q2

The Star quoted Mr Tan Sri Nor Mohamed Yakcop minister in the Prime Minister’s Department as saying that Malaysia is expected to register a high single digit growth for the second quarter of 2010. He said that the indicators like improvements in trade, import and …

Swee Joo cancels order for tugboats

Swee Joo cancels order for tugboats

KUCHING: Swee Joo Bhd has cancelled its order for two new tugboats due to the prevailing soft shipping market conditions. “We have decided not to take (delivery of) the two tugboats,’’ said chairman Datuk Alexander Nanta Linggi. The two tugboats are among three new vessels …

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