Pan-United and Macquarie to develop Changshu port AIMING to expand its port and terminal business up the Yangtze River in China, Pan-United Corporation has tied up with Macquarie International Infrastructure Fund to further develop the Changshu Xinghua Port and tap other river port opportunities.
TUI considers mass cruise business: report TUI, Europe's biggest tourism company, is considering whether to expand its cruise liner business by entering the mass market segment, chief executive Michael Frenzel told German daily Die Welt.
Cargotec Q3 net surges 42% on marine demand CARGOTEC Oyj, the world's biggest maker of container-lifting gear, said that its third-quarter profit rose 42 per cent as investments by ports, ship owners as well as logistics companies fuelled demand.
Two ships feared hijacked in Somalia
Support role for US in Malacca Strait air patrol: KL
Macquarie spending bonanza continues in China AUSTRALIA'S Macquarie Bank is continuing its spending spree on shipping-related acquisitions, with a subsidiary splashing out S$158m (US$93m) for a 38% stake in the Chinese port of Changshu.
Tui sets cruise targets for Hapag-Lloyd Germany's Tui is set to expand its cruise division, Hapag-Lloyd Kreuzfahrten, in a strategy U-turn.
New green rules on cards under EU 'strategy' EUROPEAN Union environment commissioner Stavros Dimas hinted at new legislation for maritime industries yesterday during the launch of his "marine environment strategy".
IMB calls for help as pirates strike again off Somalia THREE ships have been seized by pirates off the Somali coast in recent days as hijackers extended their attacks to vessels way out at sea, writes Janet Porter.
Wilma pounds South Florida QUAYS at South Florida ports are deserted today as the area is being pummelled by Category 3 Hurricane Wilma's 190 km/hr winds and torrential rains
Cargo spills out from wrecked Kiperousa HEAVY seas have pounded the wreck of the 25,000dwt logger Kiperousa, which started to break up and spill logs overboard and into East London harbour
Wilma miss pushes oil/gas down CRUDE oil, gasoline and heating oil all fell in trading today as Hurricane Wilma passed over Florida, missing Gulf of Mexico oil fields and refineries
Bergesen Gas goes public TRADING in the shares of Bergesen World Wide Gas, its LNG and LPG carrier venture, will start on the Oslo Stock Exchange on Tuesday
Norway to take French polluter to court IN the first case of its kind, Norway has offered to handle proceedings against a Norwegian-registered vessel accused of polluting French waters
US to open new Subic repair site SUBIC Bay in the Philippines is to have a new ship repair facility, having signed an agreement with Carbras Marine of Guam, US
Customs to expand CSI, C-TPAT Bigger budget will enable agency to continue to pursue shipment data deeper in supply chain, hire 1,000 more border agents in fiscal '06.
At Wesccon: Importers urged to use Customs accounts
Hurricane Wilma heads north
Lawyers spar over Bowers testimony
Customs opens ACE to broker-paid duties
The Journal of Commerce slates Breakbulk Europe conference
Hauliers now under fire, as Integrated Cargo System jam continues Attention in the Integrated Cargo System implementation has switched to port-transport, after the Australian Customs Service and major terminals reported thousands more import-containers were cleared this weekend ' and not collected.
Hurricane season starts on Greek alphabet Ports in Florida are still closed for Hurricane Wilma, which caused flooding in Mexico and Cuba, while another storm has formed in the eastern Caribbean, adopting the Greek name Alpha.
Korean hauliers' strike postponed
S.California loses rail-traffic, as diversionary tactics see success
9,700TEU quartet further cements Conti-CMA CGM ties
Port of Vancouver hails Pacific Gateway support
Indian Railway seeks foreign technology for freight corridor
Antwerp box-capacity freed by Deurganckdok, to outperform trend
Bangladesh floats tender for deepsea port study
Canada and US sign pact to improve container security
Brazilian chicken sales soar
Management Dynamics acquires trade compliance tech company
Wilma blows cruise schedules Carnival sets back arrivals at closed Miami-area ports, but latest US hurricane has minimal energy impact this time.
Back in the act Second waiver of Jones Act for petroleum cargoes expires with no sign of further exceptions for foreign shipowners.
Helsinki yard jobs axed Aker Finnyards trims 165 workers as confined city centre yard switches to ferry work.
Norden notches a third Danish owner orders another bulker at Chengxi shipyard in China.
Zim Asia arrests Israeli police take containership master Moshe Ben-David and two officers into custody as investigation into fatal fishing boat collision continues.
Saaremaa tops a million Estonian owner's ferries busy during first nine months, but fuel prices hurt.
Great Eastern offloads another Indian owner sells third bulker in a month, leaving it with nine dry cargo vessels.
KOTC sell off plan Privatisation proposals move sale of 75% of Kuwait's tanker owning company up the agenda.
"Bird flu" ship given all-clear Maltese authorities say dead birds found on Klaus E Oldendorff boxship died of natural causes.
Belden back at Labroy Norwegian owner seals another deal for a cement carrier at Singapore yard.
Bigger, faster Cargo volumes increasing at Panama Canal, while waiting times drop.
Mitsui expects to lose less Japanese yard group cuts deficit forecast as business improves in first half.
Round timber up by 3,600 per cent in Swedish ports The storm-felled forest after the hurricane Gudrun in the beginning of the year, has resulted in an enormous increase ...
First passenger ferry for Maersk Norfolkline in the A.P. Møller-Mærsk Group will shortly be ready to inaugurate its first new ferry to the service ...
No state aid to Estonian shipping The Estonian government is willing to consider some form of compensation to shipowners for safety and security related investments but ...
US Gulf demand slow to pick up Bunker suppliers reporting a quiet day as buyers assess the market after hurricane Wilma.
Wilma closes Florida ports, bunker offices Ports shut down, bunkering suspended, and offices closed as hurricane sweeps over Florida.
Analysts eye Lubrizol, predict hefty share price rise Shares in additives manufacturer Lubrizol Corporation up 25% in the past year, analysts predict further bullishness.
Singapore on target for 25-26 million mt bunker sales Latest figures from the MPA show bunker sales for January to September have grown at a rate of 9% despite September volumes decreasing from last month.
DNVPS stands by disputed Singapore test results DNVPS defends accuracy and validity of Singapore test results despite conflict with Bunker Quality Advisory Panel findings.
Baltic ports: Products transshipment a saving grace Baltic ports specialising in products transshipment have been cushioned from slumping Russian crude oil exports.
Singapore: Investigation goes against recent quality alert No evidence supporting last week's bunker alert after Singapore's Bunker Quality Advisory Panel is activated.
Rotterdam little changed Monday morning
Hong Kong market overcoming tight situation Monday evening cargo arrivals to bring relief to Hong Kong market.
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