November 20, 2009

Mumbai: Container traffic at major ports in India fell 6% in the April-October period, the first seven months of fiscal 2009-10, despite a 3.6% increase ... [full story]

Hong Kong: OOCL has announced that beginning December 15 the company will introduce a rate restoration program increasing the cost of tonnage shipped from Southeast ... [full story]

Ulsan: Hyundai Heavy Industries has named vice presidents Oh Byun-wook and Lee Jae-sung as new joint-CEOs, replacing Choi Kil-seon. 

Under the personnel shakeup, the plant- ... [full story]

London: Capesizes have soared back to six figure territory to hit highs not seen for 14 months, on the back of strong China demand, growing ... [full story]

Seoul: The naming of the LNG shuttle regasification vessel (SRV), GDF Suez Neptune, at Samsung Heavy Industries yesterday not only brings Hoegh's floating LNG ambitions ... [full story]