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Latest news « News archive30 Jun 2009
NWE/MED - In the NWE coaster market, this week was not as active as last week and
not many enquiries seen, only a few fixtures finally concluded. Tonnage
availability has not increased as much as expect
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30 Jun 2009
A Qatari liquefied natural gas tanker called the Onaiza is expected to arrive at Britain's South Hook import terminal on July 6, according to the local port authority website. The tanker, which can carry over 210,000 cubic metres of the super-cooled
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30 Jun 2009
Argentina, the world’s fourth largest wheat exporter last year, may withdraw from world markets for the first time in at least a century as drough
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30 Jun 2009
Chinese steel makers earned a profit of 1.26 billion yuan during May, according to statistics collected from 89 mid- and large-sized steel plants conducted by the China Iron and Steel Association.
Ano
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30 Jun 2009
Rio Tinto, the world number-two iron ore miner, is still in talks with Chinese steel mills over iron ore price
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30 Jun 2009
Beijing has suspended buying non-ferrous metals for state reserves after government stockpiling led to a surge in prices, Chinese media has reported. China has been building it
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30 Jun 2009
ArcelorMittal's South African unit said on Monday it would raise prices by between 3-4 percent in August, following global trends.
The company said prices would rise
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30 Jun 2009
A Shipping Ministry committee might submit its recommendations soon on a revised land use policy for major ports.
The policy is expected to remove several ambiguities in the existing land
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30 Jun 2009
CBH group has announced it has finalised a revised shipping allocation for the movement of grain to Western Australia's ports after months of customer consultations.
According to CBH, the revised
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30 Jun 2009
Antwerp Stevedoring International loaded breakbulk steel for Swedish steel manufacturer SSAB from its new all-weather terminal at the Port of Antw
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30 Jun 2009
CA yesterday announced that Maritime Cargo Processing (MCP), a leading supplier of Port Community Systems in the UK, is achieving Lean IT by using the CA Wily Application P
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30 Jun 2009
The BDI dropped nearly 10% this week
as activity slowed. The smaller sizes lost
less ground, however, and again seemed
to be moving independently of the big
ships. Despite the retreat
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30 Jun 2009
More than half of India's exports to China are iron ore. Beijing is also heavily dependent on supplies from Australia, Japan
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30 Jun 2009
China has bought 235,000 tonnes of copper, 30 tonnes of indium and 5,000 tonnes of titanium, Caijing magazine quoted an official of National Development and Reform Com
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30 Jun 2009
The International Trade Administration reports that preliminary data released show that overall steel imports in May 2009 decreased 17.1 percent from April 2009. Th
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30 Jun 2009
Until mid-June, Turkish long product quotations exhibited some stability. Since then, domestic offers have risen due to supply-side issues and upward movements in semi-finished and scrap values.
Local deman
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30 Jun 2009
China, the world's largest iron importer, may face an iron ore surplus this year after imports exceeded demand, said official from China Iron & Steel A
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30 Jun 2009
According to Mr Chen Kexin an analyst with the production promotion center of China Commerce, big amounts of steel capacities coming on s
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30 Jun 2009
Commodities, heading for the first quarterly advance in a year, may struggle to repeat their gains in the next three months as supply
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30 Jun 2009
Miner Anglo American is considering finding a partner for its huge iron ore project in Brazil, including from China, but the move is not a defense against an unwanted merge
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30 Jun 2009
The recent discovery of iron ore in northwest China may pose a threat to India’s iron ore exports to the Communist country.
India’s exports to China are mainly iron ore. Following a recent tax
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30 Jun 2009
From July 1, 2009, China will adjust export tariffs on some products and abolish provisional export tariffs on grains including wheat, rice, soybean and industrial products such as sulp
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30 Jun 2009
Aluminum Corp. of China plans to buy 880 million pounds ($1.5 billion) of Rio Tinto Group stock, taking its share of a rights offer by the world’s third-biggest mining company, s
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30 Jun 2009
Japan's crude steel output will mark its biggest quarter-to-quarter jump on record in the July-September quarter, helped by public spending and a rundown in stocks, bu
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30 Jun 2009
China's steel giant, Ansteel, had got government approval to increase its stake in Australian iron ore explorer Gindalbie Metals, a spokesman with Ansteel said Saturday. The approval came
Tu
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30 Jun 2009
DP World, the world's largest port operator, has delayed the expansion of its $1.5 billion (Dh5.5bn) third terminal in Jebel Ali owing to a lacklustre global economic environment, a company official h
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30 Jun 2009
Moody's Investors Service said on Monday it changed the outlook for the U.S. port industry to negative from stable, citing economic trends, including the recession and weak consumer confidence.
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30 Jun 2009
A law to reduce the number of free storage days for containers at Port Klang to three days from five has been postponed once again, as imports and exports slumped amid the g
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30 Jun 2009
Israel Ports Development & Assets Company Ltd. (IPC) has given the Haifa Port management full responsibility for a new 290-dunam container port terminal,
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30 Jun 2009
Two of Australia's major port operators, Patrick Stevedores and P&O Australia, haave agreed to settle a dispute with the competition watchdog, accordin
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30 Jun 2009
Up to forty hooded people swinging axes and iron bars attacked the offices of the Port of Marseilles Authority June 29 in what appeared to be a major escalation of a long
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30 Jun 2009
The new Shipping Minister, as he settles into his job, will find his plate full. There are so many things to do but so little has been done. In addition to port projects
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30 Jun 2009
The Revenue Agencies Governing Board (RAGB) is to begin an exercise to decongest the country’s seaports with the expected auctioning of 6,000 containers at the Tema and the
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30 Jun 2009
The Shipping Corporation of India announced plans to upgrade its SCI-Middle-East-India-Liner-Express Service, effective in July.
The weekly SMILE service, deploying three vessels,
will now incl
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30 Jun 2009
The focus of the Draft Legislative Programme “New Industry, New Jobs” – on improving skills, supporting low-carbon services and industries, the continued openness of t
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30 Jun 2009
ZIM Integrated Shipping Services Ltd. said it would charge a US$75 per TEU emergency bunker fee on all westbound shipments from Asia and the Indian Subcontinent to north
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30 Jun 2009
Coastal trade in South African waters has shrugged off the recession and seems to be the rare bright spot in the gloomy international shipping industry, a loc
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30 Jun 2009
The world’s third biggest shipping company is keen to invest in port-related ventures in the country, Transport Minister Datuk Seri Ong Tee K
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30 Jun 2009
GAC India has rolled out a series of green initiatives at its Kakinada offshore base with the objective of minimising its environmental impact on the local area, while continuing to provide a safe,
secure and eff
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30 Jun 2009
The number of liquefied natural gas tankers sailing to China climbed fourfold in the past week, suggesting the country's terminals will receive
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30 Jun 2009
The world’s seas are gradually filling with an increasing volume of waste, with plastic making up the single largest part of pol
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29 Jun 2009
Cash prices for iron ore imported by China, the world’s biggest buyer, increased 3.3 percent to the highest in more than four months, according to Steel Business Br
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29 Jun 2009
Lower coal and iron ore prices are set to substantially erode Australia's export earnings in 2009/10 but should be offset partially by strength in the gold price.
Underpinning commo
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29 Jun 2009
Vale SA, the world’s largest iron- ore producer, should keep hold of its $12 billion in cash rather than bidding for Anglo American Plc or Xstrata Plc after prices fell, sharehol
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29 Jun 2009
29 Jun 2009
29 Jun 2009
29 Jun 2009
NAVIOS MARITIME HAS PURCHASED 4 X RESALE NEWBUILDING CAPESIZE VESSELS (180,000 DWT) THAT WERE UNDER THE CONTROL OF COMMERZBANK BUT WERE REPORTEDLY CONTRACTED ORIGINALLY ON BEHALF OF ALBA MARITIME.
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29 Jun 2009
A quieter week for chartering
activity puts the Atlantic Index
down by nearly 1,300 points
although freight rates appeared
to stabilise by the end of the
week. Fronthaul time charter
earnings for 17
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29 Jun 2009
The Pacific Index loses almost
1,900 points to stand close to
13,600. SSY’s Australian Coal
Port Congestion Index currently
shows average waiting times of
over 12 days for the first time
since
... »
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