Hanjin Shipping's Q3 profit plunges 82% on fuel costs HANJIN Shipping Co, South Korea's largest shipping line by revenue, reported an 82 per cent drop in third-quarter profit on higher fuel costs and lower rates it charged to move cargo.
BV begins takeover talks with German rival GL FRENCH classification society Bureau Veritas has made a takeover offer to the shareholders of its German rival Germanischer Lloyd.
Bureau Veritas confirms suspicions but German shareholders will need convincing BUREAU Veritas issued a terse one-line statement at the weekend admitting that it is seeking to acquire its German rival, writes David Osler.
Germany launches new ship finance company German KG house König & Cie has launched a new ship finance company on the Hamburg stock exchange, in an effort to open up the market for institutional investors
Piraeus downs tools PORT workers in Piraeus and Thessaloniki will not work over the weekend in protest against management change and foreign investment
Bank keeps Polemis suit at bay THE JP Morgan Chase Bank has won another small victory in the run-up to the Polemis shipping group's multi-million pound action against it
Crewmen in hospital after boiler explosion A SEAFARER remains in hospital for treatment of burns suffered in a boiler explosion on board the veteran Great Lakes carrier the Kaye E Barker last weekend
Not so Smart move in Santos A GREEK-owned bulk carrier and its master and crew have been detained in the Brazilian port of Santos after the departing vessel left a 2km oil slick behind it
Greece prepares to bring owners home GREEK shipping minister Manolis Kefaloyannis is about to announce measures to make the country's flag more attractive for domestic owners
Container lines facing Panama Canal delays due to maintenance Containerships without a reservation to transit the Panama Canal are facing severe delays in the next two weeks due to maintenance works that will cut capacity by 20%.
Regulatory interventions target Indian container sector costs India's Ministry of Commerce and Tariff Authority for Major Ports are targeting transport costs, in a bid to help exporters be competitive in the face of Chinese competition.
CSCL's Q3 revenues rise 9% while volumes grow 19%
SEAS partners threaten to leave Paranagua
Hanjin sees 82% slump in Q3 profits
Deutsche Bahn flotation seems poised to go, after Cabinet compromise
China attracts private sector into US$2bn container rail terminal project
Peel's UK/Irish and Continental networks to integrate under BGF
Riga Central Terminal considers competitive move into containers
Stena expects to make great profits The Stena Group is making good times, this year Stena expects to make profits of SEK 5.5 billion (approx. EUR ...
Commissioner Barrot enslists MEP support In order to get the controversial Erika-3 maritime safety packages passed into law next year the EU transport commissioner ...
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