ATR KE cuts stock offer price (Philippine Daily Inquirer)
MANILA, Philippines--ATR KIM Eng Financial Corp. has lowered the price of its stock rights offer, from which it hopes to raise P623 million for expansion plans.
Behind newbuilding cancellations (Fairplay)
FALLING freight rates have combined with the global economic downturn to cause widening newbuilding cancellations. “Shippers depend a lot on their freight rate,” Ken Tai, technical specialist with KE Live Research, told reporters.
UBAH LALUAN PERKAPALAN BAWA KESAN NEGATIF, KATA IMO (Bernama via Yahoo! Malaysia News)
DUBAI, 21 Nov (Bernama) -- Pertubuhan Maritin Antarabangsa (IMO) memberi amaran bahawa tindakan mengubah laluan perkapalan bagi mengelak perairan Teluk Aden yang diancam lanun boleh menyebabkan kesan negatif.