Bids of at least US$2b to come for SSA Marine CARLYLE Group, Macquarie Bank and Babcock & Brown plan to make bids of at least US$2 billion for SSA Marine, the largest US-owned port terminal operator, said four people familiar with the matter.
World's largest shipping fair opens today (ATHENS) The Posidonia maritime exposition, the world's largest shipping fair, opens in Athens today with over 15,000 exhibitors from 78 countries scheduled to participate.
Freight rates remain strong despite more new ships PANAMAX rates for hauling grains and dry bulk cargoes remain robust even though more new ships are expected to join the active fleet this year, brokers said on Friday.
EU's Barrot refuses to rule out third stab at port law EMBATTLED European Union transport commissioner Jacques Barrot has said he cannot rule out further ports legislation only months after the European Parliament crushed the second attempt at a sector directive.
Adapt or bust warning from Lloyd's on climate change INSURERS must meet the challenge of climate change or they will go out of business, according to a stark warning from Lloyd's.
Alaska seeks extra $92m from Exxon THE US government and the state of Alaska have asked ExxonMobil to pay an extra $92m to cover lingering ecological damage in Prince William Sound from the 1989 incident involving the tanker Exxon Valdez.
Slow boat to China is way forward to beat oil hikes, says GL PUTTING more ships into a transpacific or Europe-Asia liner service is not the obvious way to save money.
IMO's Mitropoulos honoured by Greek shipowners International Maritime Organization secretary-general Efthimios Mitropoulos arrived in Piraeus at the weekend to receive the Union of Greek Shipowners' Environment Prize, awarded jointly with the Livanos family in honour of George P Livanos, founding father of Helmepa, writes Nigel Lowry in Athens.
Bidders emerge for SSA Marine EVEN as speculation continues that SSA Marine will take a lead role in any acquisition of DP World's holdings in the US, it appears the Seattle-based stevedoring firm may itself soon be swallowed up
Rumours of new ABP bid RUMOURS circulating the London market are suggesting an alternative bid may be forthcoming for Associated British Ports, the UK's largest port operator
Transmanche open for bidders TRANSMANCHE Ferries, the French operator, has officially put out to tender the management of its activities as from early next year
Exxon hit by $92M Valdez claim EXXONMobil must have thought its headaches from the 1989 Exxon Valdez oil spill were over ' until this week when $92M in added government claims arrived yesterday
OPEC unmoved by Chavez OPEC has opted to maintain the production status quo, despite appeals by Venezuela's President Hugo Chavez to cut output and bolster pricing
Shetland anger over Smyril move SMYRIL Line's decision not to include a call in the Shetland Islands next summer has brought legal action from the Shetland Development Trust
West Coast container volume up 8.3% Los Angeles-Long Beach is experiencing especially strong growth, with container volumes up 12% through April from a year ago.
SSA Marine to be sold: Report
Record U.S. air exports in 2005
China office in Port of Oakland plans
Dallas adds direct China flights
Northwest requests hearing to approve pilot contract
Another Brazilian civil servant sector set to strike Officers of Brazil's Department of the Merchant Marine Fund (DFMM) will start indefinite strike action from Monday, prompting further import chaos, since DFMM collects the AFRMM 25% import tax.
Beijing clarifies usage of port security charges China's Ministry of Communications has cleared up industry questions over how the recently-imposed Port Facility Security Charges will be spent, in an announcement posted on Wednesday.
EU port stakeholders start work, drawing out a new playing field
Chittagong to use carrot and stick in bid to tackle congestion
K Line and PIL to rearrange Middle East routes
IRISL launches Korea/Middle East service
European shipbuilders to form JV to build in Ukraine
Geest and Seawheel to make way for Samskip brand
Truckload regulation blamed for JN Port congestion
Seven groups chosen to operate Busan New Port hinterland
Personnel column moves to ci-online, as 'Sounding Off' starts in CI magazine
Houston leading US prices downward One supplier grabbing bulk of business as market floor shifting lower.
OPEC quotas unmoved, Ch'vez calls for $50 floor Oil flow to stay steady but supply worries remain, including Venezuela's production capacity.
New bunker tank rules could see newbuildings fast-tracked Reports indicate that new rules on fuel tank protection could spur containership operators to fast track their new build programmes to avoid extra costs.
Multi-agency efforts underway to stem bunker fuel leak Port trusts, coastguard and salvagers in team effort to stem leak and minimise effects of spill.
Lubmarine says industry must rise to SECA challenges In an article for Bunkerworld magazine, Lubmarine discusses lubrication issues associated with burning low sulphur fuels, and outlines its recommendations to customers.
Rotterdam bunker market stable at midday
Japan: Marine fuel production and sales up year-on-year
Krystallon confident scrubber will work for Baltic SECA Positive tests give Krystallon partners confidence its sea water scrubber will meet Baltic SECA requirement despite alkalinity issue.
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