US court rules against Daimler, unit in fraud case A US court has ordered DaimlerChrysler AG and its heavy truck-making unit Freightliner LLC to pay more than US$800 million in a tangled multinational fraud case, The Oregonian newspaper said on Saturday.
India to invest in Myanmar's Sittwe port INDIA will invest 4.5 billion rupees in developing Myanmar's Sittwe port to connect north-east India with East Asia, a senior Indian official said on Saturday.
US Gulf fog lifts, lets oil ships into some ports A siege of fog that has halted shipping at several ports along the United States Gulf Coast broke on Saturday, allowing some ships carrying crude oil and refined products to move, ship pilots said.
BP Shipping charters new tanker as it revamps fleet
GL averts BV hostile takeover bid with Herz's 'Hamburg solution' GERMANISCHER Lloyd has finally knocked out the hostile takeover bid by Bureau Veritas through the so-called "Hamburg solution".
Tui joins Carnival in cruise joint venture TUI shares dipped nearly 3% on Friday after the group announced an extensive restructuring plan.
China Merchants buys into Shekou IN A further shake-up of port operations in southern China, China Merchants Holdings (International) will pay HK$3.17bn ($406.4m) to buy the stakes of two shareholders in Shekou Container Terminals, one of the three Shenzhen box ports.
Herz trumps Bureau Veritas HAMBURG 15 December ' German entrepreneur Günter Herz has emerged as the winner in the takeover race for Germanischer Lloyd
Heidmar expands pools HEIDMAR is adding new tonnage and partners to its Dorado, Sigma and Marida pools while entering the Far East clean trade with its Star Tankers pool
NZ operators back energy initiative NEW Zealand's coastal operators have welcomed a new energy efficiency strategy based on making the country carbon neutral
Shippers call for liner transparency INDIAN shippers, who are paying service tax twice, have now called on shipping lines to make their billing transparent
Pay dispute spreads to second ship THE crew pay dispute involving the Norfolkline-chartered ro-ro ferry Merchant Bravery has spread to its sistership Merchant Brilliant
US to demand much more container data US Customs will require much more information about the contents of US-bound containers as what is called the "10+2" is rolled out next year
Democrats to call for 100% box scanning House Speaker-elect Pelosi said Democrats intend to file legislation calling for scanning of all U.S.-bound containers.
Storm shuts Deltaport
U.S. may hit China imports with countervailing duties
TUI won't sell Hapag-Lloyd
India gets Japan investment
Modern Terminals, China Merchants buy Shenzen terminals
Shipping sheltered by tourism, as "two-pillar strategy" affirmed by TUI TUI has told "disappointed" shareholders that selling Hapag-Lloyd would "weaken" the Group, and is offering a medium-term strategy based on tourism, plus a sale in container-shipping's most profitable sector: terminals.
Disappointing prices show investors are losing hope in West Shenzhen The relatively low prices China Merchants is paying DP World and Swire Pacific for their stakes in Shekou port hinted investors' hesitation on western Shenzhen's outlook, say analysts.
Wan Hai denies reports on CMA CGM's takeover bid
Indonesian customs' priority lane cuts importer costs over 70%
China-US Dialogue ends without immediate Yuan appreciation
Canadian Pacific Railway plans nearly 6% boost to capital expenditure
CSCL to cut Pacific capacity during the slack season
Hanjin imposes weight surcharge on Asia-Mediterranean cargo
Private company resumes Chittagong Port crane operations
India and Pakistan sign new shipping protocol
New South Wales government purging Sydney Ports?
Dunkirk boxes provide flat foundation for APMT/CMA CGM terminal growth
Stern tube headache hits BW Gas Read about how four LNG newbuildings for Nigeria LNG will have materials replaced in this week's issue of LNG Unlimited.
GL puts on the Pumas Classification society Germanischer Lloyd says it now belongs to coffee heir turned shoe tycooon Gunter Herz.
Not so magic US to prosecute over intentional pollution from Greek controlled suezmax.
Saved? Germanischer Lloyd claims to have preserved its independence after 40% of shareholders sell to white knight.
TUI reveals Carnival tie-up German owner of Hapag-Lloyd to found domestic cruiseship joint venture with US market leader.
Accountants get CMA CGM off hook Financial gains mask weaker nine-month performance at French boxship giant.
Dos por Transatlantic Swedish owner signs for two offshore vessels at Spanish yard with an option for another pair.
Navibulgar still slipping Bulgarian state shipowner reveals further fall in profit to end-October as costs rise.
Owner rapped over bulkhead death UK accident investigators find Bojen cargoship crewman was crushed by poorly maintained portable hold divider.
Genco fixes three Peter Georgiopoulos' US listed bulker outfit finds employment for two handymaxes and a panamax.
Transatlantic defies the off-peak season and orders two offshore vessels Despite the off-peak season Transatlantic's offshore division operates three out of four vessels and is expecting new commissions at ...
Westfal-Larsen reflag to NIS Bergen-based ship owners/operators Westfal-Larsen & Co. is to place four product/chemical tankers under NIS flag. Westfal-Larsen ...
SECA website launched New information portal for US work on sulphur control proposal.
LA grabs business, Houston disrupted West Coast prices continue downward as fog delaying Gulf Coast operations.
PDVSA staff change
Bunker players protest against safety rules IBIA chairman says proposals would turn a document designed to protect seafarers 'into some sort of quality assessment for the benefit of the shipowner'.
Testing agency says distillates would 'solve a lot of problems' But outgoing DNVPS chief doubts refiners would be able to produce enough distillate material.
Crude oil markets firm on OPEC decision Oil producers' cartel approves output cut, but not until February
Rotterdam players may welcome Argus alternative Reports indicate that several fuel oil traders could migrate from Platts MOC to planned Argus trading windows.
Rotterdam market firm Friday morning
DNVPS and MPA 'should have the same interests' The departure of the head of DNVPS had nothing to do with differences between the agency and the Singapore port authorities.
Latest entrant brings HK physicals to eight Supplier is chartering barges on an "order by order" basis.
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