China Drop Shippers Links

Fourth-Qtr Revenue Off 11% At Hong Kong Billionaire Family's Shipper OOCL

Orient Overseas, the Hong Kong shipper controlled by the billionaire family of Chee Chen Tung,  on Friday reported a drop in shipping revenues in last quarter of 2011 amid sluggish international economic growth and an excess supply of ships in the industry.    Overall revenue at Orient Overseas Container Line fell [...]

Market for Enbridge's Gateway Pipeline Remains Murky (in News)

Foreign interests gave millions to help prime the project, but years later there are no known binding commitments by customers.

Move to high-end markets eases flood impact

Businesses drop cheap-goods strategy, bank on new plan to ensure growth amid increasingly tough competition

Freight, shipping rates to face ‘long’ U-shaped recovery

KUCHING: The recent slump in the Dry Baltic Index (BDI) to its three-year low has not been due to a drop in demand of dry bulk commodities but primarily due to overcapacity of ships.

Market Extra: Global ship glut fueling Baltic Dry Index plunge

The warning signs being flashed by the collapsing Baltic Dry Index (BDI), a leading global economic indicator, may reflect the folly of misguided expectations during the prior global economic boom, according to Hong Kong-based shipping analysts.