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You are here: Home Archive 2010 September 17

17

South China Sea overtakes Gulf of Aden as piracy hot spot
Last month was the worst in years for pirate attacks in the South China Sea.
Asciano issues $1bn in bonds to pay debt
Shipping and stevedoring giant Asciano has made a US$1bn notes offering in an effort to cut debt.
Indian Navy foils piracy attempts
AN INDIAN warship has fought off three pirate attacks in the Gulf of Aden in the last four days, according to Indian Navy sources.
Appetite for electronics feeds airfreight
An appetite for high-value products such as appliances boosted the volume of aircargo imported to Australia for a second consecutive month.
Chinese traders shun freight derivatives
Regulatory uncertainty has emerged as the greatest barrier to Chinese participation in the global market for dry freight derivatives and has forced many state-owned and private shipowners or charterers to go offshore to trade.
Man overboard given up for dead
A seafarer who fell overboard yesterday from a merchant ship off the north west coast of New Zealand has been given up for dead.
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