Schoeller in $114m boxship float A new container-feeder company backed by Schoeller Holdings, the international shipping group based in Cyprus, is seeking to raise $114m through an initial public offering to support the purchase of a modern 10-vessel fleet.
Guarguaglini for Fincantieri TROUBLED Italian state-owned shipbuilder Fincantieri, which has just unveiled record losses of Lire 299bn ($167m), is to get a new managing director within the next few weeks, Lloyd's List can reveal.
Intermodal rail freight blow to Channel Tunnel A COLLAPSE in intermodal rail freight saw Channel Tunnel through-train traffic plunge by 140,000 tonnes in the first three months of this year.
Manila port operator set to double income Listed Philippines port operator International Container Terminal Services expects its consolidated net income to nearly double to Pesos600m ($15.7m) this year.
Bollore warns of heavy fall in freight rates Vincent Bollore, chairman of France's diversified Bollore transport and industrial group, has warned of a "heavy fall" in freight rates in the Europe-Africa trade this year and next following Maersk's acquisition of the South African operator, SCL.
Europe fights Brazil woe BRAZIL'S economic crisis is having a severe impact on European exports to Latin America, with containerised shipments to the region expected to be sharply lower this year, writes Janet Porter.
How old skills will keep you safe from Melissa's embrace THE Melissa Syndrome would perhaps be an apt title for a cold-war blockbuster novel.
Panama Canal revises liability claims regime Pressure from the international shipping community has led to a revision of the Panama Canal's new insurance liability regime.
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