McDonald’s hit by weak US sales
McDonald’s sees latest quarterly profits rise just 3%, as sluggish US sales trailed behind those seen overseas.

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ICAP HYDE SUPRAMAX INDEX 6,435 (-96) 28 Jan 2008
Index basis: 50-52,000 dwt bulk carrier, maximum 10 years old, 25t cranes with grabs, 14k on 30t ifo no diesel at sea

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SHIPOWNERS who have tonnage entered mutually in Gard P&I Club, one of the world?s top two such organisations, are to receive a total $9m ?give back?.

THE financial restructuring of government-owned Hindustan Shipyard has been delayed further and referred to a group of ministers after suggestions that its expansion plans could cause national security concerns.

JINHUI Shipping and Transportation, the Oslo-listed Hong Kong bulker operator, saw net profit surge 109% to $12.8m in the first quarter buoyed by soaring charter rates. Turnover climbed 49% to $54.3m.

DRYSHIPS chief George Economou has hailed an ?exceptionally strong? first quarter for the Nasdaq-listed dry bulk company, writes Nigel Lowry in Athens.

IMPROVED results for the first quarter of 2007 have been unveiled by the Piraeus Port Authority, the corporation in charge of Greece?s largest port.

SUE Langley, one of the most high profile personalities in the London market, is to join Lloyd?s to raise operational competitiveness and ensure a focus on North American business, which supplies 40% of revenue at Lloyd?s, writes James Brewer.

DEMAND for tankers to act as floating storage units in the Black and Baltic seas is bound to pick up after the Russian government introduced tax breaks.

NAMES at Lloyd?s are continuing to reap better rewards from the market than the dominant corporates, according to an analysis commissioned from ratings agency Moody?s by the Associa- tion of Lloyd?s Members.

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Nano car factory cases dismissed
An Indian court dismisses claims that land was acquired illegally for making the world’s cheapest car, the Nano.

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Austal bags A$82m repeat order from Cotai
AUSTAL, the Australian fast ferry builder, has won an A$82m ($73m) follow-on contract to build a further batch of four highspeed catamaran ferries from Cotai WaterJets (Macao), writes Keith Wallis in Hong Kong.

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Fortis warns of sub-prime losses
Belgian bank Fortis warns that its losses connected to the sub-prime sector could be as much as 1bn euros.

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SHIPOWNERS who have tonnage entered mutually in Gard P&I Club, one of the world?s top two such organisations, are to receive a total $9m ?give back?.

THE financial restructuring of government-owned Hindustan Shipyard has been delayed further and referred to a group of ministers after suggestions that its expansion plans could cause national security concerns.

JINHUI Shipping and Transportation, the Oslo-listed Hong Kong bulker operator, saw net profit surge 109% to $12.8m in the first quarter buoyed by soaring charter rates. Turnover climbed 49% to $54.3m.

DRYSHIPS chief George Economou has hailed an ?exceptionally strong? first quarter for the Nasdaq-listed dry bulk company, writes Nigel Lowry in Athens.

IMPROVED results for the first quarter of 2007 have been unveiled by the Piraeus Port Authority, the corporation in charge of Greece?s largest port.

SUE Langley, one of the most high profile personalities in the London market, is to join Lloyd?s to raise operational competitiveness and ensure a focus on North American business, which supplies 40% of revenue at Lloyd?s, writes James Brewer.

DEMAND for tankers to act as floating storage units in the Black and Baltic seas is bound to pick up after the Russian government introduced tax breaks.

NAMES at Lloyd?s are continuing to reap better rewards from the market than the dominant corporates, according to an analysis commissioned from ratings agency Moody?s by the Associa- tion of Lloyd?s Members.

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FFA trade drops on dry bulk volatility
EXTREME volatility in the dry bulk derivatives market saw trading fall back sharply last week.

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Logic the precedence of a work transaction in achieving their pursuit objectives, efficient are companies that hoist to outsource some or all of their metier progress ( most specifically the non - core processes ) to examination - cheer organizations. The main logic in outsourcing a field modus operandi is to concede the dodge to corollary most of their stage, financial, and human resources into core activities and heart on shanty vital strategies, which will fuel the advance of the company.

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