China Drop Shippers Links

Exemptions to Jones Act are needed

Editor's note: This is the second in a two-part column about the Jones Act and how it affects U.S. shipping.

Fourth-Qtr Revenue Off 11% At Hong Kong Billionaire Family's Shipper OOCL

Orient Overseas, the Hong Kong shipper controlled by the billionaire family of Chee Chen Tung,  on Friday reported a drop in shipping revenues in last quarter of 2011 amid sluggish international economic growth and an excess supply of ships in the industry.    Overall revenue at Orient Overseas Container Line fell [...]

Market for Enbridge's Gateway Pipeline Remains Murky (in News)

Foreign interests gave millions to help prime the project, but years later there are no known binding commitments by customers.

Move to high-end markets eases flood impact

Businesses drop cheap-goods strategy, bank on new plan to ensure growth amid increasingly tough competition

Market Extra: Global ship glut fueling Baltic Dry Index plunge

The warning signs being flashed by the collapsing Baltic Dry Index (BDI), a leading global economic indicator, may reflect the folly of misguided expectations during the prior global economic boom, according to Hong Kong-based shipping analysts.