EU hints at yard aid extension EU industry commissioner Martin Bangemann has warned that the community's shipbuilding subsidy regime may have to continue beyond its phase-out deadline if South Korea does nothing to allay European concern about the Far East nation's "unfair" domination of the newbuilding market.
Grimaldi to start Med ferry routes Grimaldi Group Naples is to enter the Mediterranean shortsea ferry market in July.
Statoil u-turn on axed West Navion lease Statoil, the Norwegian state oil major, on Friday went back on its cancellation of a five-year lease on the deepwater drillship West Navion announced just a few hours earlier.
Litton collision course overNewport News THE US Department of Defence and acquisitive defence and electronics giant Litton Industries are on collision course.
Med used as a testing ground THE Mediterranean is proving a testing ground for the ports industry as terminal operators and shipping lines compare the merits of hub and spoke services versus the old approach of direct calls.
ResidenSea confirmation due ResidenSea will decide this month whether to confirm an order with Italy's Nuovi Cantieri Apuania (NCA) shipyard for a 35,000 gt 200-apartment cruiseship, Lloyd's List understands.
Isolation for North Korea Sea, air and road links between China and impoverished, Stalinist North Korea are closing as trade has fallen to levels at which services are unprofitable, writes Our Correspondent.
Danzas buys DDF Logistics DANZAS, the Swiss freight forwarder owned by the German post office, has bought the Brazilian distribution business of Dutch electronics giant Philips.
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