OPEC Loses Power of Surprise as Majority Back Cuts Extension

With a week to go until OPEC meets to discuss the group’s production policies, a majority of the group’s members have already set out their positions: they want to extend a round of oil output cuts to eliminate a glut.

OPEC Loses Power of Surprise as Majority Back Cuts Extension

With a week to go until OPEC mOil & Companies Newseets to discuss the group’s production policies, a majority of the group’s members have already set out their positions: they want to extend a round of oil output cuts to eliminate a glut.

China Loses Shipbuilding Crown to South Korea

China is poised to lose its title as the world’s biggest shipbuilding nation to South Korea for the first...

CSCL loses US$74 million, but expects terminal sale to balance books

CHINA Shipping Container Lines (CSCL) posted third quarter year-on-year net loss of CNY450.1 million (US$74 million...

COSCO Shipping Loses Approximately 90% Net Profit

With the existing downturn of shipping industry, COSCO Shipping as one of the A share listed companies under COSCO Group has disclosed that its net profit in 2012 has decreased by 87.39%. According to the yearly report published by COSCO Shipping, tota

Shipbuilding loses its shine a bit, but it is rebounding

Shipbuilding sector in Bangladesh has lost its shine a little bit, but it is rebounding now with the efforts of...