Maritime

Maritime

Monday, June 29, 2009

Stable logistics cost seen till year-end

PETALING JAYA: The cost of logistics for land transport and warehousing is expected to remain stable throughout the year, according to industry players.

High ship order may result in oversupply, says consultant

PETALING JAYA: The current record high global shipping orderbook may create long-term oversupply problems in the dry-bulk, container shipping and tanker sectors, according to Drewry Shipping Consultants Ltd.