Port congestion will worsen: APL APL Ltd, the container shipping unit of Neptune Orient Lines Ltd, expects congestion at ports to worsen without investment in infrastructure, railways and roads.
Cosco Pacific keen to invest in Greek ports CHINA's Cosco Pacific , the world's second-largest shipping company, is keen to invest in Greek ports to take advantage of economic growth in south-east Europe, its deputy director said on Monday.
Greek shipowners place US$2.3b orders SHIPOWNERS in Greece, the biggest ship-operating nation, spent US$2.3 billion on new vessels in May, 28 per cent less than in the previous month, because they were unable to secure yard-building slots, broker George Moundreas & Co said.
ABS denied Prestige dismissal bid NEW YORK 05 June ' A New York District Court judge has denied ABS' call to have Prestige case damage claims dismissed because of Spain's failure to preserve electronic evidence
EU transhipment under threat A warning that EU transhipment trade could be hit by Customs initiatives was given by an industry body developing software to deal with the changes
Constant & Constant agrees takeover LONDON-based law firm Constant & Constant, which has a strong presence in the Greek market, has been snapped up by TLT Solicitors
Canadian pipelines undercutting tankers THE growing impact of Canadian crude oil as a counterbalance to US tanker imports has been underlined by another major pipeline proposal
Dutch inspections 'take too long' DUTCH owners believe the length of time taken by the Netherlands Shipping Inspectorate to process registration and recruitment documentation is hindering growth
EU ministers set out probe principles EU transport ministers meet on Friday to agree on a proposal for a directive setting out the principles governing the investigation of maritime accidents
China spending targets rail development Beijing to spend millions to help move containers from gateway ports such as Shangshai (left), to critical inland destinations.
Winging it Finlay was a blabber, Sjaastad was serious and Pickering profane, or so says the "so-so" Richard Wingfield.
Kiwi connection Key Stolt figure Richard Wingfield makes his points with Philly judge by remote from Auckland, denies running price-fixing ring beyond March 2002.
Paragon goes public Private equity shareholders in Michael Bodouroglou's Paragon Shipping are selling their stakes to the public.
Meba wins LNG jobs Another US maritime union has won jobs for its members in LNG shipping.
Teekay sells tanker and a half Teekay is taking $160m off of its Teekay Offshore Partners spinoff in exchange for one and a half shuttle tankers.
Dismissal is sunk The defendant is back on the defensive after a US judge rejected an ABS bid to dismiss Spain's billion-dollar Prestige lawsuit.
Box lines counter costs EMERA and IPBCC members raising rates in response to higher expenses, delays and congestion.
Cobelfret buys Ferryways Belgian owner snaps up MSC-linked UK to Begium ro-ro operation.
Zero for Solstad Norwegian owner fails to win single share in rival Rem Offshore following hostile takeover bid.
Another magic pipe Athenian Ship Management bulk carrier detained in US last month with an oily-water separator bypass.
Cosco to build in Dalian Chinese group wins deal for new shipyard to supplement Cosco Dalian.
Denmark mum on Danica White Owner and foreign ministry keeping counsel as ship held off Somalia apparently spotted at pirate port.
RCL inks feeders in China Thai intra-Asian liner operator snaps up pair of 1,019-teu ships with very early delivery dates.
Stowaway ship held in Korea Six-hour air and sea chase ends in vessel's detention after 88 illegal immigrants found in cargo hold.
More bonds for BLT Indonesian tanker owner finds plenty of takers for its rupiah-denominated issue.
New terminal for Fesco venture Shipowner's Russian Troika cooperation with Russian Railways to build new import facility in Vladivostok.
APL plans India-Africa link Singapore-owned liner operator to launch new weekly service linking India and East Africa.
Euronav eyes buy Belgian tanker owner on the prowl for tanker acquisition having passed up shot at OMI.
Halim Mazmin targets purchases Malaysian owner in the market for four bulkers and tankers if second-hand prices ease this year.
Newcastle bans slowcoaches About 50 panamax bulkers have been blacklisted from Aussie port due to slow loading levels.
Stena vessels nearly ruined Fosen Mek The two Stena vessels built by Fosen Mek Verksteder (FMV) has been an economic catastrophe for the yard and losses ...
Huge Fredriksen profit on STX investment John Fredriksen invested a little less than USD 90.0 million to buy 13 per cent of the shares in Korean ...
Still no contact with Danica White A general warning has been sent to all Danish ships giving information about the Danica White's hijacking off the coast ...
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