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 …
NGR Guardian News reported that commodities had their best year in 2009 since at least 1970, led by a doubling in copper, sugar and lead prices, as Chinese demand compensated for the steepest slump in the global economy since World War II. The S&P GSCI …
KUALA LUMPUR: Malaysia Steel Works (KL) Bhd (Masteel) will soon penetrate the New Zealand steel market after clinching an agreement to export RM120mil worth of steel bars to the Australian market via Stemcor Australia Pty Ltd, said managing director and chief executive officer Datuk Seri …
Turkish longs producer Izmir Demir Celik Sanayi AS announced that it has decided to purchase a dry bulk vessel of 53,483 DWT in order to reduce the freight costs of its exports. The purchase which will be completed in November or December 2009 will cost …
Because of the weak demand, Chinese steel market prices continue to decrease. Rebars in 16mm to 25mm was priced at CNY 3530 per tonne in Shanghai market down by CNY 50 and the price in Beijing was CNY 3550 per tonne down by CNY 30. …
Jumbo Shipping has completed the first phase of the Pluto LNG project. Jumbo Shipping’s heavy lift vessel Daniella has completed her 11th and final voyage for the Pluto LNG project in Dampier, Australia. Between October 2008 and October 2009 she transported 256 pieces of equipment …
Steel prices continue to remain under pressure but, more than that, the most important factor influencing today market is the almost complete lack of demand and consumption. A significant effect of such situation can be seen in the freight market where is becoming extremely difficult, …
International scrap prices have taken a beating by USD 30 per tonne to USD 40 per tonne during September with the collapse of Chinese citadel and holiday in Middle East. However in the ensuing month definite activity is anticipated as Middle East market opens after …
Bloomberg reported that Acerinox SA expects to make its first profit since the second quarter last year as European and US customers replenish dwindling stockpiles. Mr Rafael Naranjo chairman & CEO of Acerinox SA said that Acerinox is operating at 75% to 80% of record …