Maersk eyes new terminal projects in S-E Asia DANISH shipping giant AP Moeller-Maersk is looking for new terminal projects in South-east Asia - likely Indonesia or Vietnam - but is not interested in operating a terminal in Singapore, its regional chief executive said yesterday.
Boeing extends fast Connexion service to ships A satellite-based, high-speed system pioneered by Boeing Co that enables travellers to use the Internet from aircraft, is now being extended to commercial shipping by the US aircraft maker.
Triton Container looking for buyer TRITON Container International Ltd, the shipping container company owned by the Pritzker family, is up for sale and may fetch as much as US$2.5 billion, according to sources.
S Korea sets up task force to free captured trawler
Don't be wooed by Korea, says Saadé CMA CGM chairman Jacques Saadé warned his fellow container line operators yesterday to be "very careful" before allowing themselves to be tempted by proposals from Korean shipbuilders to place orders for 12,000 teu vessels for delivery after 2010.
Hadjieleftheriadis steps down after 40 years ELETSON Corp co-founder Gregory Hadjieleftheriadis has withdrawn from the Greek-based product tanker specialist after 40 years, retiring from the board of all Eletson group companies and selling his stake in the firm to his partners.
Nordbank ownership change opens door to IPO HSH Nordbank, the world's largest ship financing institution, is set to see a change in its ownership structure and might face an initial public offering.
FBI under fire over anti-terror liaison with USCG A US federal audit believes 'significant interagency conflict and confusion' would mar efforts to quickly respond to a port or maritime domain terrorist incident and has laid much of the onus for change on the Federal Bureau of Investigation.
MOL Initiative under tow THE 3,780 teu MOL container ship MOL Initiative is safely under tow afdter suffering an engineroom fire off Japan's northern main island of Hokkaido on Monday morning
India to boost wheat stocks INDIA will import around 2M tonnes of wheat to augment buffer stocks, with international tenders to be floated in the next two weeks
India to rein back iron ore exports INDIA'S steel minister Ram Vilas Paswan has called for restrictions on the export of iron ore to help domestic steel companies
Al-Dana master charged with manslaughter MANAMA has detained a Bahrain businessman for interrogation and charged the master of the traditional dhow al-Dana with manslaughter for willful neglect
CMA CGM posts strong results STRONG 2005 results for leading French box operator CMA CGM reflect healthy growth in company profits, turnover, containers carried and extent of services
Deutsche profits keep rising DEUTSCHE Bank Shipfinancing is seeing a continued lucky streak with another increase in profitability and lending volumes
DHS to launch Secure Freight pilot Department of Homeland Security to launch pilot program for the Secure Freight Initiative sometime before the end of 2006, official says.
Basham says he plans no major changes for Customs
U.S. stiffens C-TPAT rules
No panacea for security: RILA
Seattle port nabs box stowaways
Asia nations primed for investment, say trade officials
CMA CGM head urges strategic investment, not mega-ships CMA CGM today reported 13% increased consolidated net profits, but chairman Jacques Saad' warned 2006 would not be as 'flourishing', and urged strategic investment, including terminals, but not mega-ships.
Grindrod joins Mersey Docks' Mozambique consortium South African shipping company Grindrod has acquired a 12.24% share in the concession running Maputo port in Mozambique for an undisclosed amount.
Key players' indecision keeps charter market flat
CMA CGM strengthens plans to be global niche-operator
Second Thai terminal stake not the end of AP Moller's SE Asian investments
Semblog shareholders face tough choices as Toll snaps up majority stake
One more Drill-MAX to Stena Stena Drilling has ordered a sister vessel to the drill ship ordered last year from Samsung Heavy Industries in south ...
Color Line raided by competition authorities The EFTA Surveillance Authority (ESA), assisted by The Norwegian Competition Authority (Konkurransetilsynet) yesterday raided Color Line's headquarters in Oslo and ...
Fredericia dock in dock at Munkebo Fredericia Skibsværft has signed up with Odense Staalskibsværft for the use of a drydock at the site in Munkebo in ...
Port receives clean air award EPA recognising Seattle for its efforts to improve air quality in the region.
DOE & API at a glance: This week's key US inventory figures
IMAREX: NOS merger will increase liquidity, improve transparency Companies merging ownership to form integrated trading and clearing platform.
Outlook still murky as SECAs loom On the eve of the first SECA, leading Swedish supplier Stena Oil fears only the most conscientious owners will be ready to comply.
Softeness continues to supress Rotterdam activity
Bunker trader leaves O.W. Bunker Far East (Singapore)
World oil consumption needs to slow down Relentless consumption for oil may surpass output capacity from Saudi Arabia.
New Mangalore Port plans to expand bunkers Plans to create bunkering facilities are part of a larger expansion project.
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