Kuala Lumpur: Malaysian Bulk Carriers saw its second quarter net profit plummet 96% to MYR882,000 from MYR21.9m previously as contributions from associates, including offshore services provider PACC Offshore Services Holdings helped make up for a...
Panjang: Coffee shipments are being delayed due to a lack of feeder vessels as some carriers have stopped or delayed calls at the main coffee exporting port of Panjang in south Sumatra, according to a leading commodities trader.
Hong Kong: Diversified commodities trader Noble Group has reported record profits of $47.1bn in the first half of 2012, up 19% year on year.
Hong Kong: Courage Marine is buying the 152,000dwt Capesize bulker MV China Act from China Partners for $6.65m.
Shanghai: Daewoo Shipbuilding and Marine Engineering’s new shipyard in Shandong, China, has delivered its first vessel, the Astra Centaurus, to the principals of London-based Rethymnis & Kulukundis.
Jakarta: Indonesia has awarded mineral export permits to 55 companies since it introduced curbs in May, a trade ministry official was quoted as saying.
New York: Hong Xiang Shipping Holding (Hong Kong) has reneged charters on four handysize bulkers from John Fredriksen Ship Finance International (SFI).
Kuala Lumpur: MISC say the fire onboard its chemical tanker Bunga Alpinia has been contained, following a blast early on Thursday morning that left four dead and one missing.