MISC seems to want to focus only on energy transportation now TALK of Orient Overseas International Ltd's interest in the container shipping arm of Malaysian International Shipping Corp has revived speculation that the state-owned group is seeking to exit all but its energy transportation business.
Maersk, Royal P&O eyeing takeover route MOELLER-Maersk, the world's biggest container-shipping company, and Royal P&O Nedlloyd, the fourth-largest, are considering takeovers to increase market share and prepare for an expected drop in freight rates in 2006.
Teh Kong Leong joins SMF as exec director TEH Kong Leong, a former director of Singapore's Marine Department and a senior executive at Neptune Orient Lines, has joined the Singapore Maritime Foundation as its executive director.
Deutsche seeks lenders for Dubai deal
Tsunami disaster ends Malacca Strait piracy for now: official
Modern Terminals to splash out HK$1.2b for upgrades
Indian oil companies eyeing lucrative bunker market Lower taxation and improved infrastructure the key to encouraging foreign investment and challenging well-established bunker ports Fujairah and Singapore.
Bunkering halted as Baltic region takes a battering As storms worsen, bunkering in some ports has been restricted by high winds.
Rotterdam firm early afternoon
Bunker player coughs up $2 million for CAO debt Hong Kong based supplier and trader pays $2 million to bank for debt owed to China Aviation Oil.
Owners fined after refueling incident leads to spill Owners fined for a refueling incident which lead to a spill of fuel oil on the Columbia River.
Sovereign Marine strikes alliance with Hong Kong partner Sovereign Marine to act as European agent for Hong-Kong based trader.
Majestic gesture for disaster relief MAJESTIC International Cruises, donor of a cruiseship to help aid work in tsunami-hit Sri Lanka, has issued an urgent appeal to organisations involved in the relief effort to make best use of the ship, which will be available for two months.
Lauritzen and NYK Reefers break the ice on new deal DENMARK's J Lauritzen and Japan's NYK Reefers, two of the biggest names in the refrigerated cargo trades, are cementing their year-old collaboration by forming a new ship operating and marketing company.
Boxship party forecast to end mid-year THE container shipping party is coming to an end, with excess tonnage supply likely to put charter rates under pressure from the middle of the year, Citigroup Smith Barney forecasts in a report on container shipping, writes Janet Porter .
MISC container shipping arm set for $460m sell off AFTER exiting dry bulk shipping, Malaysia International Shipping Corp is looking to sell a stake in its container shipping arm, with Hong Kong's Orient Overseas Container Line the front runner.
UASC ship rescues survivor A containership operated by United Arab Shipping Co has rescued an Indonesian adrift in the Indian Ocean after the tsunami washed him out to sea, Reuters reports .
Brazilian ports hope for IMF funds THE southern Brazilian state of Santa Catarina is hopeful that money from the International Monetary Fund will boost the ailing transport infrastructure in the state
Enchantment struck by virus MORE than 100 passengers and crew members suffered from a Norwalk-like virus on the latest voyage of Royal Caribbean's Enchantment of the Seas
Dubai signs for two UAE ports DUBAI Ports International has signed preliminary agreements for operational control of neighbouring UAE ports Abu Dhabi and Fujairah
Malacca Strait may need major work The waterway, one of the world's busiest and most congested, may need extensive dredging ' as well as re-charting ' as a result of the massive earthquake off Indonesia.
Teamsters ready harbor-trucking bill The union will sponsor a bill that will seek to exempt California harbor truckers from antitrust laws so they can collectively negotiate freight rates and withhold services at marine terminals.
TACA maintains bunker, currency factors
UPS orders 10 freighters
Maritime-security bill resurrected in House
ITC clears way for tariffs on shrimp
BAX Global expands in China
FedEx Custom Critical expands in Mexico
Port of Seattle hires 2 China experts
India relaxes cabotage law to ease Nehru congestion
Taiwan's export growth slows in 2004 Taiwan's exports rose in December at the slowest pace in 17 months as the weaker US dollar has made the island's exports more expensive for American customers.
DPI expands Middle Eastern footprint with two MoUs in the UAE
Abidjan fears for the future
Bass Strait feeder restored as Hobart loses last direct service
Record Aus beef exports to Japan in 2004
Seawheel diverts some Duisburg traffic to North of England
Fret SNCF expects 20% drop in intermodal volumes this year
Three labour demands on table for 'intensive' Israeli ports negotiations
MTL invests further to cope with HK's sustained growth
Marseilles containers record 7.4% rise
Riga's BCT hits 150,000TEU, shaking off last of 1998 crisis
Tunisia seeks bidders for new private container terminal
Automatic cranes to lift Shinsundae's handling capacity
Difficult rescue of ro-ro on fire in stormy North Sea A combination of bad weather and a serious fire made the crew abandon the Dutch-owned ro/ro vessel "Schieborg ...
New ferry route planned Norway to Scotland Plans are afoot to establish a ferry connection between Kristiansund on the north west coast of Norway and Rosyth by ...
Norwegian yards took NOK 12 billion in new orders Norwegian yards secured orders worth NOK 12.0 billion (EUR 1.46 billion) last year and 2004 is thus the best year ...
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