PSA Int'l short-listed to bid for US group's terminal network PSA International is among major terminal operators short-listed to bid for US-based CSX Corporation's global container terminal network, which includes key facilities in Hong Kong and mainland China.
Armed pirates loot ships at Indon ports PIRATES with knives and axes held two crew members at knife point on Sunday as they stole cash from a ship that docked in an Indonesian port, the International Maritime Bureau said in its weekly report.
German firm TUI cancels Hapag-Lloyd IPO: source GERMANY's TUI has cancelled plans to float shipping and cruise company Hapag-Lloyd on the stock market, a company source said late on Monday.
Fight to save HK harbour revived
Port Shots
Port Shots NEARLY half of the staff employed by New Zealand's largest port operator, Ports of Auckland Ltd, will start a four-day strike today over a wage claim, the company said.
PSA Int'l short-listed to bid for US group's terminal network PSA International is among major terminal operators short-listed to bid for US-based CSX Corporation's global container terminal network, which includes key facilities in Hong Kong and mainland China.
Armed pirates loot ships at Indon ports PIRATES with knives and axes held two crew members at knife point on Sunday as they stole cash from a ship that docked in an Indonesian port, the International Maritime Bureau said in its weekly report.
German firm TUI cancels Hapag-Lloyd IPO: source GERMANY's TUI has cancelled plans to float shipping and cruise company Hapag-Lloyd on the stock market, a company source said late on Monday.
Fight to save HK harbour revived
Port Shots
Port Shots NEARLY half of the staff employed by New Zealand's largest port operator, Ports of Auckland Ltd, will start a four-day strike today over a wage claim, the company said.
Saudi price reduction symptom of heavy-grade surplus Analysts say Saudi Arabia's decision to cut price level on sales to the West are caused by global glut of heavy crude and fuel oil.
US crude falls after long weekend OPEC President predicts $30 oil once current geopolitical issues abate.
Stable numbers give way in bearish Hong Kong
Suppliers move to ease concerns over high water content Suppliers based in St. Petersburg assure concerned customers that incidents of high water content in fuel from the port are isolated cases after alert is issued.
DNVPS: 1990s supplier action was different DNVPS says suppliers' resistance to its bunker surveys in the early 1990s, when the company initiated the service, differs from the current 'boycott' by bunker suppliers in Singapore.
Rotterdam softer, continued tight barges
Singapore: PSA announces major new expansion plans PSA has announced that it will triple its expansion plans at Pasir Panjang Terminal to tackle surging container growth and congestion problems.
Surveyor to make second court appearance Surveyor involved in recent corruption scandal is set to make second appearance for pre-trial conference in a Singapore magistrates court.
Torm emerges as favourite to buy Norden NORDEN'S days of independence could be numbered as the Danish bulk shipping group has effectively been put into play by two of its largest shareholders.
Fredriksen lifts P&O Nedlloyd stake JOHN Fredriksen (right) has raised his intriguing stake in Royal P&O Nedlloyd, one of the world's leading container lines, writes Janet Porter and Tony Gray.
TUI cancels Hapag-Lloyd IPO as Behrendt jumps on board GERMAN tourism-to-shipping conglomerate TUI has cancelled the planned part-flotation of its Hapag-Lloyd container shipping subsidiary.
Maersk Sealand digs deep for major Hanjin order MAERSK Sealand has beaten many rivals to bag some comparatively early berth space at a Korean shipbuilder, but it has paid through the roof for the privilege, writes Sam Chambers in Hong Kong.
Seoul gives STX green light for Pan Ocean bid A CONSORTIUM led by South Korean shipbuilder and engine manufacturer STX Corp has been selected by Seoul as the preferred bidder for one of the biggest breakbulk operators in the world, Pan Ocean.
TUI cancels Hapag-Lloyd flotation GERMANY'S largest tour operator, TUI, has this morning cancelled its flotation of containers-to-cruise shipping operator Hapag-Lloyd. Up to 49.9% of the stock was to be offered on the stock exchange by the end of the year
Inter Ferry anticipates profit INTER Ferry Boats, the Belgian port and multi-modal operator, is expected to achieve a profit in 2004 following restructuring and sales, after several years of losses
Florida cleans up after Frances FLORIDA is cleaning up and assessing damage today from Hurricane Frances that pummelled the state over the weekend
Frances levies heavy cruise toll HURRICANE Frances has temporarily thrown the Florida cruise trade into disarray, with Royal Caribbean Cruises dubbing it "the most disruptive storm" in its history
Fredriksen raises PONL stake NORWEGIAN shipping tycoon John Fredriksen is reported to have raised his holding in container shipping group Royal P&O Nedlloyd to more than 10%
SpeedFerries to double up SPEEDFERRIES, the fast ferry operator linking Dover and Boulogne, is seeking a second craft and moving to all-year-round operations
Containerlines break with conferences on security charges At least two lines have decided to break with conference directives on ISPS charges in certain trades, outlining their own security price structure.
TUI cancels Hapag-Lloyd IPO The planned IPO of Hapag-Lloyd AG has been cancelled after parent company TUI said that the return would have been insufficient and it had already reduced its debt exposure sufficiently.
Carriers fear CSX sale will create HK duopoly
WAL's 'psychological shock' will kick-start W. Africa GRI
Local says 'no sense' to Laem Chabang expansion plans
French carrier first to sign up to VIM chassis programme
Congestion suits foreign feeders say Bangladeshi shippers
Fosen banks ask for higher guarantees Fosen Mek. Verksteder (FMV) today continued their discussions with the banks, suppliers and private individuals to provide NOK 75.0 million ...
A struggle to improve operating conditions Good markets and improved earnings have made it more difficult to obtain stable and predictable operating conditions for Norwegian shipping ...
"Tor Anglia" goes to Danish flag Another DFDS Tor Line ro-ro vessel is going to fly Danish flag. The next one will be the 'Tor ...
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