Shipping News- Neptune Orient Seeks $500 Million Cost Cuts, Higher Cargo Rates - BusinessWeek February 22, 2012Neptune Orient Seeks $500 Million Cost Cuts, Higher Cargo RatesBusinessWeek23 (Bloomberg) -- Neptune Orient Lines Ltd., parent of Southeast Asia's biggest container line, plans to cut costs by $500 million this year and increase freight rates after posting its biggest quarterly loss in a decade. Spending cuts will come from ...NOL posts 4Q loss amid fre […]
- Research and Markets: Netherlands Freight Transport Report Q1 2012 - SunHerald.com February 22, 2012Research and Markets: Netherlands Freight Transport Report Q1 2012SunHerald.comBusiness Monitor International's Netherlands Freight Transport Report provides industry professionals and strategists, corporate analysts, freight transportation associations, government departments and regulatory bodies with independent forecasts and ...and more » […]
- Kostrzewa: Port prepares for cargo shipping - The Providence Journal February 22, 2012Kostrzewa: Port prepares for cargo shippingThe Providence JournalBut managers at the Quonset Business Park in North Kingstown have been preparing for short sea shipping for years. The park won a $22.3 million federal grant in 2010 for improvements to the area that include acquiring a mobile crane that will be based ...and more » […]
- AGL Resources Reports Fourth Quarter and Year-End 2011 Earnings - Reuters February 22, 2012AGL Resources Reports Fourth Quarter and Year-End 2011 EarningsReutersWith the completion of the Nicor merger, financial reporting segments for AGL Resources have been modified to the following: distribution operations, retail operations, wholesale services, midstream operations, cargo shipping and other (a non-operating ...and more » […]
- U.S. bound cargo remains vulnerable to terrorists, WMD - Examiner.com February 22, 2012U.S. bound cargo remains vulnerable to terrorists, WMDExaminer.comIn response to the SAFE Port Act requirement to implement a pilot program to determine the feasibility of 100 percent scanning, CBP, the Department of State, and the Department of Energy announced the formation of the Secure Freight Initiative (SFI) ...and more » […]
- Neptune Orient Seeks $500 Million Cost Cuts, Higher Cargo Rates - BusinessWeek February 22, 2012
Tag Archives: Persian crude oil
Optimistic Outlook for Persian Crude Shippers
The outlook for the largest crude oil carriers is turning optimistic as the winter season begins to cause an increased demand for oil. Carriers which deliver 2 million barrels of oil from the Persian Gulf to Asia switched from negative … Continue reading
Posted in Shipping News
Tagged Herman Hildan, Persian crude oil, Platou Markets AS, winter demand
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