Sinotrans plans US$1.47b HK IPO China's third-largest dry-bulk shipper, Sinotrans Shipping Ltd, plans to raise up to US$1.47 billion from its Hong Kong share flotation thanks to a global shipping boom, sources familiar with the deal said yesterday.
Proposals to stem Penang Port losses Penang Port Sdn Bhd (PPSB) has drawn up three proposals to help arrest its annual RM13 million (S$5.6 million) loss in operating the ferry service between the island and the mainland.
Wilhelmsen: good results won't last WILH Wilhelmsen, the listed Norwegian vehicle carrier and maritime services group, quadrupled net profit in 3Q07 but has warned of problems ahead
A Superjumbo jet or a super post-panamax container vessel, a common congestion problem? The world's largest passenger plane, the Airbus A380 took off from Changi Airport, Singapore on Thursday of last week, October 25, on route to Sydney, Australia making its much lauded maiden commercial flight.
Japan's liners on a roll
K Line joining ASA
COSCO expects a 30% increase in profit for the year
Australian stevedores' returns still too high: ACCC
Shipyard to close Bollinger's Katrina-ravaged yard takes another hit as link to the Gulf closes.
Bush draws veto pen US President George Bush vetoes a massive water resources bill that includes inland waterway projects sought by the shipping industry.
Shipbreaker vanishes After a legal battle, North American Ship Recycling has abandoned at least one Marad ship, as well as its Baltimore yard.
Norwegians join K Line Norwegian shipmanagers team up with Japanese owner in its venture into offshore supply vessels.
Ukrrichflot's big issue Ukrainian owner selling 71m new shares after being bought by two domestic investors.
NCSP leads Russian revival Black Sea port banks $1bn from London sales today as Russia fights back.
Drunk Jork master jailed Polish master of Germany vessel which crashed into North Sea platform gets one year sentence in UK.
CalMac orders in Poland Remontowa wins deal for Scottish ferry owner's new 550-passenger ro-ro.
Russian giants look north Arctic shipping set to be top target for the Novoship and Sovcomflot alliance, Russian analyst says.
Chart blamed for Sea Diamond sinking Louis Hellenic Cruises says chart used by captain of ill-fated cruiseship had erroneous information which led to sinking.
Sky's the limit for OOIL Hong Kong-listed owner splashes out $308m in its latest spending spree.
Precious pushes on Big-spending Thai owner sees profits climb and expenses fall.
VOS profits up 20% UK offshore owner made a fifth more money in 2006 ahead of its May capture by Vroon.
Fears for Golden Sky Samios bulker held at Ventspils in legal row could break up in storms, local representative says.
PNSC banks a packet State-owned line sees first quarter profits climb 86% on back of higher freight rates.
South goes North on yard mission South Korean team visits northern neighbours for feasibility study of new block plant and shiprepair centre.
DP World cries foul Dubai terminals operator says India's Mundra port has not made "adequate disclosures" in IPO prospectus.
Five for GulfMark US owner orders anchor-handlers and supply ships at home and abroad as third quarter falls from 2006 peak.
Aegean buys UK facility US-listed Greek bunker company continues acquisition spree with purchase of Portland Bunkers.
Hamburger Hafen nets $1.69bn German port operator will use Frankfurt listing to finance development plans.
KHI cracks it Japanese group boosted by better shipbuilding returns in first half.
Thoresen takes PT Equinox stake Thai shipowner expanding into Indonesia with acquisition of 49% stake in Tim Cottew outfit.
Tomsk aground in Caribbean Sovcomflot LPG carrier stuck on reef off Dominican Republic after breaking loose in tropical storm.
Parliamentary hearing on Norwegian shipping tax Norwegian finance minister Kristin Halvorsen will attend a parliamentary hearing on the controversial shipping tax proposal now before Norway's parliament (Storting). Also attending the hearing will be two leading law professors, Frederik Zimmer and Eivind Smith and a high court ...
Aker Yard to built four PSVs for "K" Line Aker Yards Brevik is to build four 5,100 DWT platform supply vessels (PSVs) for Japanese owners "K" Line Offshore under a contract worth NOK 1.4 billion. In August the two parties signed a contract for construction of two AHTS ...
Oil prices force Scandlines to raise prices The high oil price has now forced Scandlines to raise the prices on the two international services from R'dby to Puttgarden and Gedser to Rostock. An ordinary ticket from R'dby will go up with DKK 20 and DKK 25 on ...
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