TNT launches Asia road express service GLOBAL express and logistics services provider TNT yesterday launched an Asia road express service which by 2007 will be able to truck small cargo from Singapore to Chinese cities.
Jakarta credited for drop in Malacca Strait piracy INDONESIA's efforts to boost naval and air patrols in the notorious Malacca Strait helped suppress piracy there this year, but any let-up will see the attacks quickly resume, a top official has warned.
DP World plans bond, gets loan to acquire P&O DP World, which is buying Peninsular & Oriental Steam Navigation Co , expects to sell US$2.8 billion of Islamic bonds that will be convertible into shares of the company after it holds a planned initial public offering .
AXA retreat rocks P&I boat for shipowners INSURANCE group AXA Corporate Solutions has surprised the marine market by scrapping its shipowner protection and indemnity business line.
PD Ports accepts £320m offer from Australian equity funds For the second successive day a British ports group has agreed to be acquired by overseas interests, with a £320m ($554m) bid for PD Ports by a group of private equity funds.
Goldenport pulls out of London listing Goldenport Holdings' initial public offering on the London Stock Exchange has failed, writes Tony Gray.
Box lines feel the squeeze as big four port operators raise terminal charges CONTAINER lines are struggling to pass on to their customers the hefty increases in terminal charges that global port operators are pushing through.
Yes, we have no bananas: Chiquita CHIQUITA Brands, the giant banana producer, has reported that this year's storm season seriously hit its farms in Honduras
More Gulf hurricanes forecast for 2006 THE most devastating Atlantic hurricane season on record officially ends today, with forecasters predicting more of the same for 2006
Horizon hikes Hawaiian rates NORTH Carolina-based Horizon Lines is planning to raise its rates on box shipments between Hawaii and the US West Coast
MSC to use Bandar Abbas as hub MSC is reported to have signed a service contract with Iran's Gulf gateway port of Bandar Abbas with a view to using it as its hub for the Middle East and Gulf region
PD Ports snapped up with Endeavour PD Ports, operator of Tees & Hartlepool port on the north-east coast of England, has accepted a £320M ($553M) cash takeover from a group of equity investors
Horizon Lines to hike freight rates Jones Act carrier will file for general rate increase on the company's Hawaii service to and from Tacoma (left), other ports.
FEFC refuses to contemplate growth below 13% Far Eastern Freight Conference carriers are confident that demand will closely mirror the growth in ship capacity next year and are planning a series of US$250/TEU rate-rises, starting on December 12.
Toll's Patrick concessions 'underwhelming' The Australian Competition and Consumer Commission has made public measures Toll Holdings has proposed in its attempt to gain regulatory clearance for its hostile takeover of Patrick Corporation.
Charter market indicators waver in eddies of uncertainty
DP World to rule Indian container trade
Booming NE Asian regional trade set to grow 250%
Irish Ferries disruption continuing
Freight forwarders want Busan box tax abolished
Korean port workers decide to go on strike
Yangshan bonded area gains official approval
More Federal money for Australian rail upgrades
Russian and Estonian railways to discuss joint Eurasian routes
Viking Line confirmed order Viking Line and Aker Finnyards have signed a firm contract worth EUR 120-30 million about the delivery of a ...
Finnish Lamor awarded EMSA contract for oil spill response The Finnish company Lamor won the European Maritime Safety Agency, EMSA tender to improve oil spill response readiness in the ...
Skagen shipyard to refit naval vessel for research expedition Karstensens Skibsværft in Skagen has been awarded the contract refit the naval patrol ship "Vædderen" for the Galathea 3 expedition ...
Mixed DOE data leaves crude market with little direction Weekly government-monitored US oil inventory figures show solid build in distillates, but crude and gasoline fell.
EMSA oil spill tenders: Several bunker tankers employed Winners of European Maritime Safety Agency tender for emergency oil spill response will be using several bunker tankers.
ARA market remains heavily committed
Saudi Arabia proposes bunker fuel cracking plant in South Korea Saudi Arabia has proposed to invest some $3.5 billion to build a bunker-C fuel cracking plant in South Korea.
Singapore: Fuel oil stocks at 14-month low
Vessel modified for oil recovery An oil recovery vessel that can hold up to 4,000 m' of recovered oil will be operational in the French Atlantic zone and western Channel approaches.
Vietnam welcomes her first oil refinery Vietnam has started work on building the nation's first oil refinery that can process 148,000 bpd.
Bunker product sidelined in SK Corp.'s cleaner future South Korean refining giant eyes $2 billion investment in catalytic cracking technology as it turns focus away from less profitable bunker fuel in favour of cleaner products.
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