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 has emerged as a global economic powerhouse from the recent worldwide [...]
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
2.2%
5
JFE
25.8
2.1%
In million tonnes
They accounted for 15.7% of global output
Source: worldsteel (13 Jul 2010)
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 States
58.2
4.7%
In million tonnes
They account for more than 68% of global crude steel output
Total world production was 1,226.5 million tonnes in 2009, down from 1,329.0 million tonnes in 2008.
Source: worldsteel (13 [...]
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 one logistics
major.
Claus Schensema, MD of GAC Forwarding & Shipping (Shanghai), told IFW
equipment shortages [...]
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 violated by putting this up.
Hazardous Materials
What is a Hazardous Material?
According to [...]
May 19, 2010, 10:40 AM EDT By James Paton May 20 (Bloomberg) — Petroliam Nasional Bhd., Malaysia’s state-owned oil and gas company, is interested in buying more stakes in Australian liquefied natural gas projects and boosting purchases of the fuel, the head of its local unit said.“We are here not for limited participation,” Petronas Australia [...]
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 was shortage. But it’s still too early to tell” if [...]
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 [...]
01 Feb 2010JFE Steel Corporation & Marubeni Itochu Steel Inc has been awarded the following line pipe orders for Gorgon Natural Gas Project operated by Chevron Australia Pty Limited:
1. 154 KMT of DNV450 Grade line pipe for the Gorgon and Jansz Export Flowlines
2. 18KMT of DNV450 Grade line pipe for the Gorgon Domestic Gas Line
The [...]
