| |
| OOCL: No chassis in Boston, Miami | |  | | Shipping line OOCL said in a customer advisory it would no longer provide chassis for container yard or store door shipments of import and exports originating or destined to facilities in or around Boston and Miami.
"All motor carriers, either working as suppliers for OOCL or OOCL
customers, must provide chassis for these shipments," the Hong
Kong-based carrier said in an advisory to customers. |
| |
| Hanjin to Expand e-Commerce through INTTRA | |  | | Hanjin Shipping plans to expand its use of the e-commerce services provided by INTTRA, the Internet portal that was founded by a group of carriers a decade ago to create efficiencies for carriers by enabling shippers to book their cargo electronically. |
| |
| Ghana Maritime Authority to demand all oil sector operators observe standards | |  | | The Director-General of the Ghana Maritime Authority (GMA), Peter Azumah, says the authority will demand that all operators in Ghana’s oil sector operate on internationally acceptable standards.
He said the sector was new in Ghana and in order to ensure that the
country gained the most with fewest crises, it was important that
companies were scrutinised to make way for those who exhibited
acceptable standards. |
| |
| Capacity addition could cap Baltic Dry Index gains | |  | | Baltic Exchange freight Index, which tracks rates to ship dry commodities, rose almost 7.5% last week from 3,242 on March 5 to 3,506 on the back of good economic recovery in global market. The rise was reflective of higher trade by most countries along with rising Chinese demand for iron ore. |
| |
| MARC Downgrades Malaysian Merchant Marine\'s RM120 Mln Islamic Debt | |  | | Malaysian Rating Corporation Bhd (MARC) has downgraded its rating on Malaysian Merchant Marine Bhd (MMM)'s RM120 million Al Bai' Bithaman Ajil Islamic Debt Securities (BaIDS) to CID from BB+ID.
The rating has also been placed on MARCWatch Negative, it said in a
statement on Wednesday. |
| |
|
|
| Watchkeeper: A question of identity | |  | | One of the major disappointments, as the European “single market” has evolved into its present system, has been the failure of Brussels to reduce the bureaucratic burden on “cross-border” shipping. |
| |
| Teekay Offshore Partners Announces Pricing of Follow-On Offering | |  | | Teekay Offshore Partners L.P. announced yesterday that it has priced its follow-on public offering of 4,400,000 common units, representing limited partner interests, at $19.48 per unit. |
| |
| Full Speed Ahead for Shipping ETF | |  | | So far this year, the Claymore/Delta Global Shipping has outperformed the broader market by a wide margin, and there is reason to believe that its winning streak will continue.
Year to date, the ETF is up 14. |
| |
| Waha in talks to buy global aviation, maritime firms | |  | | Abu Dhabi's Waha Capital is in talks to buy controlling stakes in global aviation and maritime firms, and expects to conclude up to two deals in 2010, its chief executive said. |
| |
| DNV: Continued partnership with the Red Cross | |  | | DNV has signed a new partnership agreement with the Red Cross, covering the next three years. The original partnership agreement was signed in 2004, but expired at the end of 2009. The decision to renew was made by our CEO Henrik Madsen. |
| |
|
