Dubai World to Sell Inchcape Shipping Services
February 5, 2010By Bruce Barnard
Dubai World’s investment wing Istithmar is seeking buyers for Inchcape Shipping Services with an asking price of between $600 million and $700 million, the Financial Times reported.
The sale of the port and shipping agency has attracted interest from several private equity groups, with Advent International, TPG Capital, Kohlberg Kravis Roberts, Cinven, Montagu Private Equity and […]
Brazil Forest Products Market Update
February 4, 2010Because of weak export lumber markets, Brazil softwood sawlog prices were off 11 percent from their 2008 peak during the fourth quarter of 2009. Prices have been very volatile over the past seven years, according to Wood Resource Quarterly, and despite the 2008 downturn they are up some 300 percent since 2003.
Brazil sawlog prices are […]
Gothenburg Port Seeks Private Terminal Operators
February 3, 2010The port of Gothenburg, Sweden, launched a search for private stevedoring companies to operate its roll-on, roll-off, container and auto export/import terminals as part of a restructuring of the Scandinavian region’s biggest cargo hub.
A new port authority, owned by the city of Gothenburg, and three newly formed terminal companies began operations on Feb. 1 ahead […]
China drives Intra-Asia trade
February 2, 2010By Janet Nodar
The Asia-Middle East trade lane is recovering only slowly after a dramatic 2009 slowdown, Oliver Andersen, Managing Director, BBC Chartering Singapore, said during a panel on intra-Asian trade lanes at the second annual Breakbulk Asia Conference and Exhibition in Singapore last week. The panel was moderated by Martin Runshaug, Executive Director, BDP Oil and Gas […]
Read more >>Antwerp Launches Breakbulk Promotion Effort
February 2, 2010By Peter Leach
The Antwerp Port Authority and its port community are launching a new campaign to attract more breakbulk trade to the port.
The port authority, Alfaport Antwerpen and five trade associations in the port community signed a series of five covenants on Tuesday setting out plan objectives for making Antwerp more competitive, with one of the working […]
