The Broekman Group has started up a new business for the maritime industry and shippers in the steel and dry cargo sector. In this new operation, Broekman Chartering and Brokering will take care of all transport, from production in the factory to end users. This door-to-door service covers all modes of transport in the whole transport and logistics chain, as well as chartering, the port agencies, transhipment, customs formalities and further transport to the final destination, and means that the best route can be offered at the most economical terms. The all-in service for an all-in charge ensures a transparent and competitive total transport service.
The Broekman Group operates three terminals in the port of Rotterdam, geared towards handling steel, project cargo and cars. With the company's All Weather Terminal, gearless ocean-going vessels of up to 9,000 dwt can be handled using overhead travelling cranes, which increase productivity to unparalleled levels, irrespective of the weather conditions.
Source Port of Rotterdam
2012-04-11
2012-04-11
As from April 2012, BBC Chartering´s new monthly service "BBC Euro-Asia Express Line" will connect Rotterdam with ports in South East Asia and the Far East. The company reports it seeks to employ mainly its 7,200 dwt multipurpose Ro/Ro heavy lift vessels on the service. These vessels also referred to as ´K-Type´ offer a lifting capability up to 300 mton (2x 150 mton cranes) and a sternramp with 350 mton capacity.
BBC Chartering previously announced it is strengthening its global liner activities responding to market requirements and its ongoing business development. The new line offers a high frequency on a long haul service and gives charterers also attractive transshipment options.
Last, in December 2011, the company introduced its BBC Americana Line / Med Service and this together with the already existing liner services as BBC Gulf Line and BBC Andino line, this last one calling Rotterdam on inducement basis, represent a natural step in the company's further development as BBC Chartering reports it wants a ‘healthily balanced business' regarding the employment of the 140 vessels in tramp, liner and affreightment services.
Source Port of Rotterdam
2012-04-11
2012-04-11
CA-NEWS (KG) - Prime Minister of Kyrgyzstan Omurbek Babanov signed a decree approving a draft agreement on air communication between the Government of Kyrgyzstan and the Government of Azerbaijan on March 30.
Under the decision the Minister of Transport and Communications is authorized to sign the draft agreement on air communication between the Government of Kyrgyzstan and the Government of Azerbaijan with the right to introduce not crucial changes and additions on behalf of the Government of Kyrgyzstan.
Source central asian news service
CA-NEWS (KZ) - President of Kazakhstan Nursultan Nazarbaev held the session in Astana yesterday, where report on the National Bank’s progress in 2011 was discussed, the presidential press service said.
The meeting was attended by Head of Presidential Administration Aslan Musin, Chairman of the National Bank Gregory Marchenko, Deputy Prime Minister Kerim Kelimbetov, Chairman of the Board of National Welfare Fund "Samruk-Kazyna" Umirzak Shukeev, Deputy Head of Presidential Administration Bakhyt Sultanov, Finance Minister Bolat Zhamishev, Minister of Economic Development and Trade Bakhytzhan Sagintaev, as well as the Head of Committee for Control and Supervision of Financial market and Financial Organizations within the National Bank.
"The Government should help stimulate activity of domestic banks. Apart from that, it should mainly focus on stabilizing BTA and Alliance Banks that have undergone debt restructuring," the press service added citing Nazarbaev.
Earlier in 2009-2010 three Kazakhstan-based banks – BTA, Alliance and Temir – resorted to debt restructuring schemes. BTA is currently negotiating a second debt restructuring with its creditors.
Head of State pointed to the poor quality of the loan portfolios and low lending activity. He emphasized that threats to the global economy are still there, Eurozone problems are still remaining unsolved. And all of these factors will have their effect on the national financial system of Kazakhstan.
President gave some specific instructions related to the tenge exchange rate, anticipated inflation corridor of 6-8% and streamlining of the nation’s accumulation pension funds.
Besides, he broached some aspects of the National Fund’s assets management, further development of the insurance market, and concerted monetary policies with the Customs Union member states.
BTA Bank defaulted in 2009. In September 2010, BTA Bank completed the first restructuring of its debt. As a result, the bank’s debt was slashed from $16.65 to $4.2 billion. After the restructuring it is controlled by National Welfare Fund "Samruk-Kazyna"(81.48 percent). The bank’s creditors received over 18 percent of shares after the restructuring.
BTA Chairman Anvar Saidenov proposed a second restructuring letter to shareholders to evade bankruptcy on December 23. The bank defaulted on its $150 million coupon payment in January 2012.
Source central asian news service
CA-NEWS (KZ) - Business activity increased by 3% in Kazakhstan in March 2012, the Statistics Agency said.
"Industrial leaders noted an increase in demand for finished products, which led to the growth in production volumes of their businesses in March this year compared with the previous month," the press service added.
Index of business confidence, which characterizes the change in business activity, increased by 3 percentage points and amounted to (+9)%.
Many heads of industrial enterprises expect the growth in their organizations in the short term until June 2012.
Prior to June 2012, (67)% of companies expect the immutability of the financial and economic activity compared to the current moment of (22)%, also an improvement and (9)% - a recession.
Source central asian news service
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