Shipping Industry Newsfeeds
From the shipping community to the shipping community- Feb 23: Crude oil prices gained 3 cents to USD106.28 per barrel. Source: STARBIZ
- SHIPPING lines are concentrating their power to survive a downturn in trade that is causing losses, according to Parakrama Dissanayake, chairman of Aitken Spence Shipping, the transport arm of Colombo-based Aitken Spence Group. “The bottom line for shippers is that they will eventually have four …
- Feb 22: Crude oil prices jumped USD2.60 to USD105.84 per barrel. Source: STARBIZ
- COSCO and China Shipping Container Lines (CSCL) have announced their intention to strengthen their cooperation this year in a number of fields including shipping services and container management businesses. The two companies have decided to establish committee expressly charged with bringing about greater cooperation in …
- It is reported that Malaysian local steel companies are expected to face a squeeze in their margins and earnings in the first half of 2012 due to the challenging outlook in the domestic and global front. According to market analysts, industry players would encounter weak …
