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Month: December 2009

Potash industry hoping for better days in 2010

After a year characterized by a global restraint on potash purchases, a leading Canadian commodities specialist says worldwide shipments of the key fertilizer ingredient are set to rise in 2010. “China needs to buy so...

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Hard-hit Longshoremen Turn Generosity Inward

Several times, the small boy at the union toy giveaway looked over his shoulder at Steve Roldan and then back at the Hot Wheels V-Drop Super Velocity Track Set. “Am I going to be able to keep this?” the boy asked....

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CMA CGM secures $500 million credit

CMA CGM has confirmed that it reached an agreement last week with its financial partners leading to a US$500m dollar credit line, payable in January 2010. The French company, and third largest global container line, had warned...

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Maersk to register first foreign ship in Taiwan

Maersk Line is planning to have at least one of its vessels registered in Taiwan to get in on the booming direct shipping services across the Taiwan Strait, a Ministry of Transportation and Communications (MOTC) official said...

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