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Approval of the merger of Eitzen Bulk Shipholding Holding A / S and Dampskipselskapet Orion A / S
The Boards of Directors in Dampskibsselskabet Orion A/S (Orion) and Shipholding Holding A/S (Eitzen Bulk) have today approved a merger of the two Camillo Eitzen & Co ASA (CECO) controlled companies, with Orion as the continuing company.? Orion...
Indian Rice Imports in the main cause in trade
Indian rice imports next year will create a “fairly major swing” in global trade and push prices higher, commodities supplier Olam International Ltd. said. The South Asian nation may import 2 million to 3 million metric tons, Sunny Verg...
Iron ore output in China may reach record this year
Iron ore output in China, the largest consumer of the steelmaking ingredient, may jump to a record this year as government stimulus spending spurs demand. Production may expand 4.4 percent to 860 million metric tons this year from 824 million tons ...
Natural gas plunges 15 percent this month
Natural gas prices have dropped by more than 15 percent in the past month as the country continues to sip at its energy reserves and a balmy November allowed many homeowners to leave the heat off. Retail prices for natural gas, or what many consume...
Iron ore prices are not so
A bonanza in new iron ore mining projects may herald lower prices in coming years as capacity begins to catch up with rising Asian demand, according to a long-time industry watcher. Fat Prophets resource analyst Nick Raffan said he sees parallels b...
Commodities to Get Record $ 60 Billion, says Barclays
Commodities will likely attract a record $60 billion this year as investors seek to diversify their assets, Barclays Capital said. Inflows so far this year are almost $55 billion, already more than the previous full-year record of $51 billion set i...


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Posted: November 20th, 2009 | More Reviews From maritimenews | Report This Comment