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Business 24 Jul 2004 | 12:00 AM

MISC confident of firm freight rates this year

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

Business 03 Jul 2007 | 12:00 AM

Swee Joo expanding fleet to meet shipping demand

Swee Joo Bhd will focus on its tanker business and expand its fleet to accommodate anticipated increase in demand for its shipping services.

Business 30 Jan 2009 | 12:00 AM

Hyundai Heavy beats forecast but sees lower orders

Hyundai Heavy Industries Co Ltd, the world's largest shipbuilder, reported yesterday better-than-expected quarterly net profit but expected new orders to drop 23% this year due to the global downturn.

Business 15 Jul 2009 | 12:00 AM

US stocks post moderate gains after Goldman earnings

NEW YORK: Investors got the solid results from Goldman Sachs they wanted on Tuesday, but the gains were modest after a big rally the day noshade size=-1 width=50%>

Business 27 Apr 2011 | 12:00 AM

UPS raises outlook while eyeing economic risks

NEW YORK: UPS expects the pace of the economic recovery to moderate because of risks like high oil prices, but remains confident it can grow earnings significantly from a year ago.

Business 18 May 2011 | 12:00 AM

Dry bulk, container shipping rates firm up

PETALING JAYA: Global dry bulk and container shipping freight rates are expected to firm up further this year buoyed by the increase in demand and bunker fuel prices.

Business 02 Apr 2012 | 12:00 AM

OSK: Overcapacity still an issue There are too many ships heading for the long-haul trades

PETALING JAYA: Overcapacity in the container shipping industry will not be absorbed quickly unless the global economy rebounds strongly in the next two years.

Corporate News 03 Dec 2018 | 6:58 AM

ZTE among China's biggest stock winners from US trade thaw

SHANGHAI: Telecom, tech, auto companies and shipping firms are among the biggest gainers in China and Hong Kong after the trade truce between Washington and Beijing.

Business 05 Apr 2019 | 12:00 AM

Uncertain outlook for shipping industry

KUALA LUMPUR: The shipping industry’s outlook for 2019 and beyond remains uncertain after experiencing a relatively buoyant climate last year, thanks to the improvement in the dry bulk market driven by better freight rates across all shipping segments.