Day: July 20, 2010

Analyst thinks drybulk shipping market bottomed

Jul 20, 2010

The Baltic Dry Index, which measures activity on major shipping lanes throughout the world, posted its first gain Friday in nearly two months. The index is a key measure of global trade because it indicates how well shipments of...

Port of Hueneme revenues down, imports struggling

Jul 20, 2010

The Port of Hueneme expects a net loss of $1.2 million for the fiscal year ended June 30, and port officials are tightening operations in anticipation of a $2.3 million loss in 2011. The only deep-water port between Los Angeles...