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All Stories in General shipping

CPC Corporation to set up oil shipping venture

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 …

Top 5 steel companies in 2009

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 …

Top 5 crude steel producing countries in 2009

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 …

Exclusive: Container shortage ‘could last two years’

Source: Mike King | Tue, 6 Jul 2010 Six million new boxes needed Equipment shortages could remain a feature of the container shipping landscape for up to two years, pushing shippers to use those supply chain providers still able to secure adequate capacity, according to …

Hazardous material handling for transportation

There’s always doubt when it comes to handling DG / Hazardous material for transportation by sea. Following a good source i found on the net (source: Fourstarcargoinc) serving as a guide. Find this rather useful. note: pls let me know if any copyrights are being …

Reefer box shortage may restrict world trade in produce

Reefer box shortage may restrict world trade in produce containers could limit imports of fresh produce this year, reports produce convention. shipping companies remain reticent about the economic outlook attending the United Fresh Produce Association’s annual convention.”The shipping companies don’t want to overreact,” Mr Eslinger …

CMA CGM Returns to Profit

The Board of Directors of France-based CMA CGM, the world’s third largest container shipping group, recently met under the chairmanship of M. Jacques R. Saadé to review the financial statements for the year ended 31 December 2009.   In a container shipping environment where every …

Bunker sub 80..

May 6: Crude oil prices plunged USD2.77 to USD79.97 a barrel.

Westports Posts Healthy Volume Growth In Q1

KUALA LUMPUR, April 11 (Bernama) — Malaysia’s leading port, Westports Malaysia Sdn Bhd, has posted a healthy 27 per cent surge in its container volume for the first quarter of this year compared with the corresponding period of last year. Positive improvements were seen in …