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Day: November 3, 2010

China COSCO posts Q3 profit on shipping rebound

China COSCO Holdings, Asia’s largest shipping firm, reversed year-ago losses to post a quarterly profit as global trade regained momentum and the company lifted container shipping rates. The company reported a...

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Shipping company hires Saudi women

Sara Samargandi and Mona Al-Malki have made a little bit of Maersk Line history by becoming the first Saudi women to be employed by Mercantile Shipping Agencies Ltd., the shipping firm’s agent in Saudi Arabia. “This is a...

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Cosco’s ‘big plans’ for the port of Piraeus

Not more than a year back, the Port of Piraeus was plagued with an 18-strike that brought the country’s economy to a halt, seriously impacting ship agent companies and once more destroying the Mediterranean port’s reputation...

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Delays in Santos bagged sugar exports seen minimal

From July through September, Brazil’s sugar exports reached record volumes of around 3 million tons monthly. Delays in shipments of bagged sugar at main Brazilian sugar port Santos due to a work slowdown are considered...

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