China Shipping to raise up to US$2.4b in Shanghai share sale China Shipping Container Lines Co, Asia's second-largest cargo-box carrier, may raise as much as US$2.4 billion selling shares in Shanghai to buy ships as the country's booming exports fuel sea-freight traffic.
Newcastle coal port capacity may be based on rail contracts Xstrata plc and rival coal producers using Australia's Newcastle port may get allocations for 2008 export capacity based on their rail transportation contracts after failing to agree on a method of sharing capacity.
STX plunges as six execs are indicted STX Shipbuilding Co, the world's fifth-largest shipyard, plunged in Seoul trading after six executives at a unit were indicted for allegedly stealing technology from a rival.
Strait Talk
Hard to not take pilot's lead TWO hundred tonnes of bunker oil does not constitute a big oil spill, one would have thought. But a lot depends on where fate chooses to let such a relatively small amount of this lifeblood of modern civilisation leak into the environment.
China Shipping to raise up to US$2.4b in Shanghai share sale China Shipping Container Lines Co, Asia's second-largest cargo-box carrier, may raise as much as US$2.4 billion selling shares in Shanghai to buy ships as the country's booming exports fuel sea-freight traffic.
Newcastle coal port capacity may be based on rail contracts Xstrata plc and rival coal producers using Australia's Newcastle port may get allocations for 2008 export capacity based on their rail transportation contracts after failing to agree on a method of sharing capacity.
STX plunges as six execs are indicted STX Shipbuilding Co, the world's fifth-largest shipyard, plunged in Seoul trading after six executives at a unit were indicted for allegedly stealing technology from a rival.
Strait Talk
Hard to not take pilot's lead TWO hundred tonnes of bunker oil does not constitute a big oil spill, one would have thought. But a lot depends on where fate chooses to let such a relatively small amount of this lifeblood of modern civilisation leak into the environment.
Court of Justice ruling delivers blow to shipping INTERTANKO-led coalition lose first round of legal battle to overturn EU ship-source pollution directive.
EU forced into rethink of sanctions for polluters
Bahamas shipyard lands record $50m contract YARD wins contract to repair Dockwise vessel Mighty Servant 3 that sank off Angola last year.
Acquisition-hungry GL readies war chest CLASSIFICATION society prepared to lavish huge sums of money on acquisitions as it extends range of services.
Russia broadens its gas horizons PLANS to seize a larger share of Western markets depend on key offshore infrastructure projects going ahead.
Signs of urgency THE current political climate on climate change requires the maritime industry to act willingly and with alacrity.
EU Pollution directive dented INTERTANKO'S challenge to the EU's Ship Source Pollution Directive has achieved a very limited success
ICC predicts economic downturn THE global economy is expected to lose momentum in all major regions during the last quarter of the year, according to the latest ICC/Ifo World Economic Survey
EU threat to Croatian yards THE Croatian shipbuilding industry is under threat of significant change because of the high level of subsidy it receives, according to a Bloomberg report
Russia bans ships in Sea of Azov A BAN has been ordered on movement into the Sea of Azov or Black Sea of dry-cargo vessels of the type that foundered and sank on November 11
India rice ban benefits Thailand THAILAND is eyeing an export opportunity now that its main rival India has scaled back on shipments of rice to Africa
"K" Line files complaint with FMC Japan's largest ocean carrier alleges it was required to make "royalty payments" and "association dues" to two shipper associations.
Global economic slowdown seen in short term
Teamsters ratify UPS pact
U.S. ranchers resist easing of Canadian beef ban
NAFTA trade sets record
DHS says Customs improperly awarded contract
Construction progresses at MOL/TraPac Jaxport terminal
Manning crisis for anchor handlers An acute manning crisis is developing for the 50 new anchor handling vessels due from the yards to Norwegian owners in the next two years. 100 complete crews are required to man these vessels. Norwegian owners are currently operating around ...
Fund raisin for new ferry for Bornholm-Poland service Bornholm-based NeKo Seaways is in the process of raising fund for the building of a new ferry for the service between Nexø and Kolobrzeg in Poland. The new company is not only working with professional investors, but are also ...
The EU attacks IMO The European Commission attacks IMO (International Maritime Organization) ' according to Commission vice president Margot Wallstr'm the organisation needs to do more to fight climate change. ' I think they are lagging behind and the have not been very helpful, she said ...
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