All Rates articles – Page 28

  • News

    Shipping confidence hits fifteen-month high

    2010-04-09T00:00:00Z

    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.

  • News

    Cosco set to add multipurpose ships

    2010-03-17T00:00:00Z

    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

  • News

    Tough times for Panalpina

    2010-03-15T00:00:00Z

    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

  • News

    SMIT achieves solid results

    2010-03-05T00:00:00Z

    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.

  • News

    Dockwise upbeat on 2009 financial results

    2010-02-19T00:00:00Z

    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

  • News

    Boskalis offer too low say some Smit shareholders

    2010-02-02T00:00:00Z

    February 2 - GAC India has signed an agency agreement with Sarjak Container Lines Pvt Ltd., Mumbai, covering its operations in Delhi and northern India.

  • News

    Amsterdam is flying high for Bellville Rodair

    2010-01-12T00:00:00Z

    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,

  • News

    Intermarine forecasts tough 12 months

    2010-01-12T00:00:00Z

    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

  • News

    Container line casualties are likely says Drewry

    2010-01-08T00:00:00Z

    January 8 - The latest edition of the Drewry Container Forecaster predicts that carriers may have to sell more assets or liquidate before recovery commences.

  • News

    Prices to rise at Houston

    2009-11-19T00:00:00Z

    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.

  • News

    Strong reaction from PWC / Agility over US indictment

    2009-11-18T00:00:00Z

    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

  • News

    Vessel piracy increases insurance costs

    2009-10-27T00:00:00Z

    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

  • News

    WWPC adds new exclusive member for Jordan and Iraq

    2009-09-01T00:00:00Z

    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.

  • News

    POST holed

    2009-08-27T00:00:00Z

    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

  • News

    Dockwise on course to meet expectations

    2009-08-17T00:00:00Z

    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.

  • News

    Gottwald's going Poti

    2009-08-07T00:00:00Z

    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).

  • News

    Results show times are tough

    2009-08-06T00:00:00Z

    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.

  • News

    Swire Shipping cuts RTW services, focuses on Asia Pacific

    2009-06-22T00:00:00Z

    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

  • News

    Seven Seas Shipping joins AOP Project Partners

    2009-06-10T00:00:00Z

    June 10 - AOP Project Partners has announced that Seven Seas Shipping is the network's new member for Jordan and Iraq.

  • News

    Concargo forms abnormal heavy haulage company

    2009-06-09T00:00:00Z

    June 9 - In South Africa, Concargo has formed a new company called Concargo Abnormal Heavy Haulage.