03 December 2008	The on-line newspaper devoted to the world of transports	08:06 GMT+1

March 1, 2004 Price undercutting plagues liner shipping industry By Kang Siew Li THE liner shipping industry is one of the most mismanaged industries in the world, where undercutting has become a regular practice and part of the business, says Kelang Multi Terminal Sdn Bhd (KMT) executive chairman Tan Sri G. Gnanalingam. He said this was reflected in the decline in Asia-to-Europe ocean freight rates from US$4,000 (US$1 = RM3.80) per TEU (twenty-foot equivalent unit) in 1970 to US$2,500 in 1980. In 2000, rates softened further to US$1,500 and US$600 last year ...... Read more on Business Times - Malaysia Search for hotel Destination O Other destinations Check-in date 12345678910111213141516171819202122232425262728293031 JanFebMarAprMayJunJulAugSepOctNovDec Check-out date 12345678910111213141516171819202122232425262728293031 JanFebMarAprMayJunJulAugSepOctNovDec Search on Select the subject:  All News Ports Tourism Database Aviation Trucking Index Home Page Press Review - Piazza Matteotti 1/3 - 16123 Genoa - ITALY phone: +39.010.2462122, fax: +39.010.2516768, e-mail