MISC confident of firm freight rates this year


  • Business
  • Saturday, 24 Jul 2004

MALAYSIA International Shipping Corp Bhd (MISC) is optimistic that freight rates will stay firm in the current year. 

Chairman Tan Sri Mohd Hassan Marican said in the company's latest annual report that the global economic recovery, driven by higher consumption, was expected to be sustained, at least in the near term. 

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