Press-Digest

A Tale otwo Kingdoms 02/06/12

Source: http://www.zawya.com
'Significant' opportunities exist to enhance bilateral trade and investment links between Bahrain and The Netherlands...

Turbulent year for shipping firms? 02/02/12

Source: www.cna.com
Shares of shipping firms rallied in Asia on Wednesday, on hopes of a possible increase in freight rates as well as the expansion in China's Purchasing Managers' Index...

Shipping lines in new bid to push up rates 02/02/12

Source: http://www.ifw-net.com/
The downward trend for global freight rates won’t improve much until 2014, analysts claimed this week, despite shipping lines announcing increases.

China mega ships ban aimed at helping own shippers 02/01/12

Source: http://www.reuters.com
China is shielding its loss-making shipping industry by blocking from its ports giant vessels such as those mining giant Vale SA is building to cut the cost of sending iron ore to its largest market...

Coal-carrier rates seen dropping to decade-low on capacity glut 02/01/12

Source: http://www.bloomberg.com
The greatest number of coal cargoes in history still won’t be enough to eliminate a glut of Panamax vessels, driving charter rates to the lowest in a decade. Shipments will rise 3.6 percent to 956 million metric tons this year...

Arctic ice melt lifts hopes for Russian maritime trade 01/30/12

Source: http://uk.reuters.com
Russia has staked future growth on mining the Arctic's vast energy resources, and reviving a Soviet-era shipping route along its Siberia coast is an integral part of that plan. It could also promise economic revival for Russia's ports and shipyards, struggling since their Soviet-era glory days...

Mombasa port to lose billions in waiver plan 01/30/12

Source: http://www.nation.co.ke
Kenya Ports Authority (KPA) is set to lose billions of shillings as it moves to implement a short-term strategy to decongest the port of Mombasa...

Port of Rotterdam on right track 01/27/12

Source: http://www.dredgingtoday.com
Two things prompted the Port Authority to commission this study: on the one hand, the economic unrest in the course of 2011 and the lack of clarity regarding its consequences for the container sector, and, on the other hand, the fact that ECT, the largest container terminal operator in Rotterdam, regularly expresses its concerns about the situation that will arise after 2014...

Shipping signal gnaws at market optimism 01/26/12

Source: www.reuters.com
A nightmare on world freight markets, where shipping prices have been decimated over the past four years, is gnawing at New Year optimism about a stabilising world economy and shows how adept investors can be at tuning out 'inconvenient' information...

Fiery start for rates in Year of the Dragon 01/25/12

Source: http://www.ifw-net.com
...But analysts fear upward trend on Asia-Europe trade cannot be sustained and supply/demand gap will widen after the holiday...



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