Shipping Outlook - costlier

Container shipping may get costlier
The spot rate for container shipping on the Asia-Europe route is likely to rise to US$2000 per TEU in two months as carriers plan to take out more capacity following the Chinese New Year due from the middle of this month, the Hindu Business Line reported.
The present rate is $1763 per [...]

MISC and Al Hilal in JV to set up shipping agency

By Joseph George  on Monday, February 08, 2010
MISC’s wholly-owned subsidiary MISC Agencies has entered into an agreement with Al Hilal Shipping Agency to set up a joint venture (JV) company in Dubai.
In a filing with Bursa Malaysia, MISC last Wednesday said the agreement is to incorporate a joint venture company in Dubai for acting as [...]

Road transport restrictions during 2010 Chinese New Year

MOT had this up only in Malay language apparently. Some key points have been translated and i’ve translated some in bracket below - to my best knowledge of Bahasa Malaysia. For more info, try +603 88866412.
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Kementerian Pengangkutan melaksanakan larangan ke atas kenderaan barangan menggunakan jalan raya semasa cuti perayaan Tahun Baru Cina 2010 [...]

Lower Import Tariff, China Auto Demand to Boost Malaysia Rubber Exports

Malaysian exports of rubber products including compound rubber to China may rise further in 2010 due to lower import tariffs under a free trade agreement and the country’s insatiable appetite for cars, an industry executive said Friday.
Exports of rubber products to China increased by 18% in 2009, tracking the astonishing growth in the country’s vehicle [...]

Pakistan may start exporting meat to Malaysia

Wednesday, January 27, 2010By Israr Khan
ISLAMABAD: Pakistan would soon start halal meat export to Malaysia, and in this regard negotiations with Kuala Lumpur were in advanced stages.
“Pakistan is awaiting Malaysian response”, well-placed sources in the Ministry of Livestock and Dairy Development told The News on Tuesday.
It is interesting to note that the Malaysian government is [...]

US Steel announces tough outlook for Q1 2010

While announcing 2009 results, commenting on US Steel’s outlook, Mr John P Surma chairman & CEO of US Steel said that “We expect to report an overall first quarter 2010 operating loss in line with the fourth quarter 2009 as gradually improving business conditions are not yet fully reflected in our operating results. We continue [...]

Stowage factor of various types of cargo

Found this on knol.google.com posted by Jacob Pang. Thanks mate. This is very useful info. Do let me know if u have an issue for me to post this here.cheers!!
malaysiashipping.info===========
Stowage factor     
The stowage factor of a cargo is the ratio of weight to stowage space required under normal conditions. It indicates how many cubic [...]

Naza To Launch Four New Peugeot Models This Year

KUALA LUMPUR, Jan 26 (Bernama) — The Naza group plans to launch four new Peugeot car models this year and is targeting to sell close to 3,000 units.
Its joint executive chairman SM Nasarudin SM Nasimuddin said the group sold 3,766 Peugeot cars last year, comprising 2,347 units of the 206 Bestari, 885 units of the [...]

Crude oil hit past 80 in the new year

4/1 Oil price tops US$80 per barrel on Monday afternoon with the Nymex crude oil futures for February up 76 cents to US$80.12