Category Archives: General Blog

Rena officers face new charges

Two senior officers from the Rena, the cargo ship grounded on a New Zealand reef for almost a month, are to face further charges, the country’s shipping authority has announced, ifw-net reports. The Rena caused New Zealand’s worst environmental crisis … Continue reading

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Piracy: Sailors freed from hijacked Algerian ship

Somali pirates holding an Algerian bulk carrier since January 1 freed the 25 crewmen being held hostage on Thursday, the foreign ministry said.”It is with great joy and profound relief that we announce the release this morning of the 25 … Continue reading

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The World’s 25 Best Multinational Workplaces

Ben Baden, On Saturday 29 October 2011, 2:49 NZDT Employees have spoken, and three technology companies took the top spots in a new survey of the best multinational workplaces: Microsoft, software-maker SAS, and data-storage company NetApp. The Great Place to … Continue reading

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Salman Butt, Mohammad Asif, Mohammad Aamer sentenced to jail for spot-fixing

Former Pakistan captain Salman Butt was sentenced to 30 months of imprisonment for spot-fixing. Mohammad Asif was sentenced to one year concurrent jail term. Mohammad Aamer got six months in jail, while bookie Mazhar Majeed was sentenced to 2 years … Continue reading

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ICC launch new probe

3/11/2011 2:01 PM Sportal The ICC’s anti-corruption unit is set to launch an investigation into Pakistan’s 2010 Test matches against Australia in England. The investigation has been prompted by the emergence of incriminating text messages between player agent Mazhar Majeed … Continue reading

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Cricket: Butt, Asif found guilty

Former Pakistan Test captain Salman Butt and pace bowler Mohammad Asif face jail time after being found guilty of corruption. Butt was found guilty after standing trial at London’s Southwark Crown court on two charges of conspiracy to cheat and … Continue reading

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I’m Your Liver! Let me tell you how much I love you!

http://www.youtube.com/watch?v=wHChv3izCXs www.youtube.com

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Pakistan Shipping corporation under threat

Pakistan National Shipping Corporation has been exposed to a variety of financial risks that include credit risk, market risk (including foreign exchange risk, cash flow and fair value interest rate risk and price risk) and liquidity risk. According to the … Continue reading

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Rio Tinto Aims to Double Shipments on Own Vessels in Four Years

Rio Tinto Group, the world’s second- largest mining company, aims to almost double the amount of commodities shipped on vessels it owns or hires to get iron ore and coal to customers more quickly. Ocean freight haulage on ships it … Continue reading

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Trans-Pacific Rates Rise First Time in Two Months

Trans-Pacific spot rates rebounded this week off their 22-month low of last week, rising for the first time in two months, as measured by Drewry Shipping Consultants weekly benchmark. The Drewry benchmark rate for container shipments from Hong Kong to … Continue reading

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