PSA Corp in S$3bn bond issue plan SINGAPORE terminal operating giant PSA Corp may raise up to S$3bn (US$1.7bn) from bond issues ahead of an eventual listing on the Singapore Stock Exchange.
Malta urges rethink on special survey practice MALTA Maritime Administration has asked the International Association of Classification Societies to stop the automatic granting of special survey extensions to ships, irrespective of age.
AP Møller profits dip LINER shipping has contributed to a 14% increase in the turnover of A P Møller'score companies.
Investment lined up for Cosco unit COSCO Pacific's net profit rose 3.7% last year to $134.08m and the company says it will step up investment this year.
Dover under fire for second cruise terminal DOVER Harbour Board has come under fire for spending '17.5m ($28m) on a second cruise terminal, as the port faces a fall in the number of cruiseship calls for the second year running.
Rig moving helps keep things tight IT HAS been another tight week for the North Sea support vessel market thanks to lots of rig moves.
Markets in Opec limbo INCREASED oil output by the Organisation of Petroleum Exporting Countries left the tanker and bunker industries in limbo yesterday while they digested the news.
Nessebar in debut call at Le Havre THE 554 teu Bulgarian boxship Nessebar is pictured in the port of Le Havre during her first call. The 8,717 dwt vessel is deployed in the Europe-Black Sea Line (southern service) of Navibulgar- Bulcon.
Bust-up over gas carriers A NEW GAS carrier venture is in turmoil after a long-running dispute between owner Navigator Gas and commercial manager MarLink turned ugly just two weeks before the delivery of the first ship. Navigator has axed Marlink, which is expressing fears that the ships risk a future as leftovers in the market.
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