PSA International, a leading global container terminal operator has reported full year negative box figures for 2009. Volumes slumped across the businessâ??s 28 terminals by nearly 10 per cent in 2009 to 56.93m teu. PSA Singapore suffered, its flagship business, reported a 13 per cent decline in full year figures of 25.14m teu.

Read at PSA International report negative box figures

Search to find what you want

• PSA suffers first full year decline in box

    For the first time in its history PSA International, a leading global container terminal operator, has reported full year negative box figures.

• Singapore port operator PSA, bond sale-source –

    Singapore ports group PSA International, owned by state investor Temasek, expects to price a 10-year dollar bond at around 140/145 basis points over U.S. Treasuries, a source close to the deal said on Thursday. The deal is to raise $500 million and is being arranged by JPMorgan, Nomura International and

• d Amico International Shipping SA announces acceptable results in unprecedented low market

    The Board of Directors of d’Amico International Shipping S.A. (Borsa Italiana: DIS) (the Company or the Group), a leading international marine transportation company focusing on the product tanker market, today examined and approved the 2009 full year financial results.

• Long Beach Cargo Drops usually Brisk months

    At the end of the traditional holiday shipping season, Port of Long Beach reported a decrease of 24 percent in the number of cargo containers shipped in October compared with the same month a year ago, according to figures. At Long Beach, 452,418 standard cargo container units moved through the

• Bristol Docks, the recovery is still at sea

    Patrick Kearon could be in Shakespeare. He has an argosy, bound for Bristol. It will bring prosperity to the Royal Portbury Docks, where he works, and the people of the west country

• Le Havre 2009 traffic figures so far

    The world economic crisis has left its mark on all Le Havre port trade, as the overall traffic reached 55.4 million tonnes as of the end of September 2009 (provisional figures, bunkering and ship stores included). Read at Le Havre 2009 traffic figures so far

• India: Major container ports Sign up 6.32% fall in dealing with

    Top three containers ports — JNPT, Chennai and Tuticorin — run by private container terminal operators, showed negative growth in box handling during the first half of the current fiscal ended September 30. This, in turn, led to a decline of 6.32 per cent in container handling across ports. Major

• FSL Trust rated P

    Standard & Poor’s Ratings Services said on Monday that it had assigned its ‘BB-’ long-term corporate credit rating to Singapore-based ship financing business, First Ship Lease Trust (FSL).

• World is the oil faster than expected

    The world is running out of oil quicker than it was being claimed by the International Energy Agency (IEA), which has been underplaying an alarming shortage due the fear of panic buying, an IEA official has claimed. “The IEA in 2005 was predicting oil supplies could rise as high as

• Hutton \ u0026 # 39; s announces record monthly turnover

    Hutton’s, the UK’s leading ship supplier, has bucked the current recessionary trend and announced record sales figures for the month of July – up by 37% on 2008 figures. Sales for July were more than 24% above target. Managing Director Alex Taylor says: “This is an exceptional achievement made possible by

• Hutton \ u0026 # 39; s announces record monthly turnover

    Hutton’s, the UK’s leading ship supplier, has bucked the current recessionary trend and announced record sales figures for the month of July – up by 37% on 2008 figures. Sales for July were more than 24% above target. Managing Director Alex Taylor says: “This is an exceptional achievement made possible by

• Record Breaking up of container ships

    A record 370,000 TEUs of ship capacity was scrapped in 2009 – an amount equal to the cumulative capacity scrapped over the past decade – says Shipping Gazette quoting figures compiled by Alphaliner, the Paris-based consultancy agency.

• Criminalization and hurt PIRACY SEAFARER RECRUITMENT MANAGER WARNS INTER

    Shortages of skilled and qualified seafarers could have an immense impact on the global economy and are being exacerbated by the negative impact of crew criminalisation and the escalating problem of global piracy, warns InterManager, the international trade association for… Read at CRIMINALISATION AND PIRACY ARE DAMAGING SEAFARER RECRUITMENT WARNS INTERMANAGER

• Russian steelmaker Severstal reports half year loss of $ 944 mln

    Russia steelmaker Severstal reported on Monday a net loss of $944 million calculated to International Financial Reporting Standards, compared with an almost $2 billion profit in the same period of last year. The company’s net loss in the second quarter fell more than 50% on the first quarter to $290 million.

• India: Steel producers consider another price increase as migration

    Even as the steel ministry has expressed concern and suggested a clamp on steel prices, producers are defiant, especially with NMDC—part of the same ministry—raising input prices.