First Quarter 2010 Report

The swing in business trends following the Global emergence from recession became very noticeable at the start of 2010. Strong demand from Asia, especially China, at the start of the year was accompanied by equally strong European domestic demand The container Shipping Lines which were projected to post losses of around USD20Billion for 2009, continued their drive not only to increase basic freight rates, but also started imposing new surcharges examples of these being, increased BAF (Bunker ...

Mr R.S. Baxi Awarded Asian of the Year