All Rates articles – Page 28
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Shipping confidence hits fifteen-month high
April 9 - Overall confidence levels in the shipping industry have risen to their highest levels for fifteen months, according to the latest Shipping Confidence survey by Moore Stephens.
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Cosco set to add multipurpose ships
March 17 - Unconfirmed reports in the international financial media indicate that Cosco Shipping Co., controlled by China's biggest shipping company, plans to raise almost YUAN4 billion (USD586 million) in a rights offer to buy new vessels amid a recovery
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Tough times for Panalpina
March 15 - In 2009, Basle-based global forwarder Panalpina transported lower volumes and generated a smaller gross profit compared to 2008, for a variety of reasons, including harsh economic environment and a very volatile market. Trade global volumes dro
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SMIT achieves solid results
March 5 - According to the company CEO, SMIT continued to realise good financial results in 2009 despite the worldwide recession which impacted on its business.
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Dockwise upbeat on 2009 financial results
February 19 - Managers at Dutch-based heavy lift operator Dockwise have identified a range of strategic and operational highlights for 2009 which meant the group finished the troubled year in good financial health, Andr
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Boskalis offer too low say some Smit shareholders
February 2 - GAC India has signed an agency agreement with Sarjak Container Lines Pvt Ltd., Mumbai, covering its operations in Delhi and northern India.
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Amsterdam is flying high for Bellville Rodair
January 12 - Whilst 2009 ranks as one of the most difficult on record for the freight industry, Bellville Rodair International (BRI) says that its Amsterdam office achieved a record 91 percent increase in revenue and 118 percent increase in gross profit,
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Intermarine forecasts tough 12 months
January 12 - Andre Grikitis, president and chief executive of Intermarine, says that in 2010 we can expect a very complex and demanding marketplace where only the well-experienced and well-financed will be able to ultimately satisfy the requirements of sh
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Container line casualties are likely says Drewry
January 8 - The latest edition of the Drewry Container Forecaster predicts that carriers may have to sell more assets or liquidate before recovery commences.
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Prices to rise at Houston
November 19 - From January 1, 2010, tariffs at the Port of Houston will increase; three percent for container cargo and two percent for general cargo to help offset an expected eight percent increase in operating costs.
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Strong reaction from PWC / Agility over US indictment
November 18 - The Public Warehousing Company, better known these days as Agility, has issued a strongly worded statement following indictments in the USA on multiple charges of alledged conspiracy and fraud relating to three major contracts to supply food
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Vessel piracy increases insurance costs
October 27 - At the recent Breakbulk Transportation Conference in New Orleans, an executive from the marine insurance industry said that the surge in piracy in the Gulf of Aden and Indian Ocean is causing ocean carriers, cargo interests and insurers to ta
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WWPC adds new exclusive member for Jordan and Iraq
September 1 - Seven Seas Shipping Co, based in Amman, Jordan, has been appointed as the exclusive member of the Worldwide Project Consortium (WWPC) in Jordan and Iraq.
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POST holed
August 27 - (By Dale Crisp) Asia-Australia breakbulk and project veteran Pacific Orient Sea Transport (POST) has ceased trading after falling victim to high period charter rates, aggressive competition and the regional impact of the global financial crisi
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Dockwise on course to meet expectations
August 17 - Dockwise has announced a 35 percent increase in second quarter net profit compared to the same time one year ago, recording a net profit of USD17 million for the quarter ending June against USD13 million over the same period a year ago.
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Gottwald's going Poti
August 7 - The Black Sea port of Poti in Georgia has ordered two HMK 260 E mobile harbour cranes from Gottwald Port Technology GmbH (Gottwald).
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Results show times are tough
August 6 - A raft of Q2 and H1 2009 results published in the last few days has demonstrated a very clear trend in the industry that has reflected the wider global picture: while all companies are down, US-based companies are more down than the rest.
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Swire Shipping cuts RTW services, focuses on Asia Pacific
June 22 - In a major restructuring of its regional and global network of liner shipping services and a decision to focus on the Asia - Pacific region, Swire Shipping is suspending its round-the-world multi-purpose liner services due to weak markets in the
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Seven Seas Shipping joins AOP Project Partners
June 10 - AOP Project Partners has announced that Seven Seas Shipping is the network's new member for Jordan and Iraq.
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Concargo forms abnormal heavy haulage company
June 9 - In South Africa, Concargo has formed a new company called Concargo Abnormal Heavy Haulage.