Baltic Dry Index falls for 4th consecutive day in London The Baltic Dry Index, a measure of shipping costs for commodities such as coal and iron ore, fell for a fourth day in London.
Logistics
Toll to buy HK firm Baltrans Australian logistics firm Toll Holdings said it wants to buy Hong Kong freight company Baltrans Holdings for about A$365 million (S$458.5 million) as part of an expansion in Asia, propelling Baltrans' shares to a record high.
China logistics firm tipped to tap US$2b in IPO China Post Logistics, the country's top logistics firm, plans to raise over US$2 billion in a Hong Kong and Shanghai stock market listing in 2008, sources said, amid mounting foreign competition in the booming sector.
Admiralty Casebook
Who owns a vessel when it is being built? A SHIPBUILDER in Canada arrested two vessels that it was building and which it owned at that time in order to secure a claim against the vessels' mortgagee, but the Federal Court of Canada threw out the claim last month, describing it as a 'most peculiar action'.
Baltic Dry Index falls for 4th consecutive day in London The Baltic Dry Index, a measure of shipping costs for commodities such as coal and iron ore, fell for a fourth day in London.
Logistics
Toll to buy HK firm Baltrans Australian logistics firm Toll Holdings said it wants to buy Hong Kong freight company Baltrans Holdings for about A$365 million (S$458.5 million) as part of an expansion in Asia, propelling Baltrans' shares to a record high.
China logistics firm tipped to tap US$2b in IPO China Post Logistics, the country's top logistics firm, plans to raise over US$2 billion in a Hong Kong and Shanghai stock market listing in 2008, sources said, amid mounting foreign competition in the booming sector.
Admiralty Casebook
Who owns a vessel when it is being built? A SHIPBUILDER in Canada arrested two vessels that it was building and which it owned at that time in order to secure a claim against the vessels' mortgagee, but the Federal Court of Canada threw out the claim last month, describing it as a 'most peculiar action'.
Baltic Dry Index falls for 4th consecutive day in London The Baltic Dry Index, a measure of shipping costs for commodities such as coal and iron ore, fell for a fourth day in London.
Logistics
Toll to buy HK firm Baltrans Australian logistics firm Toll Holdings said it wants to buy Hong Kong freight company Baltrans Holdings for about A$365 million (S$458.5 million) as part of an expansion in Asia, propelling Baltrans' shares to a record high.
China logistics firm tipped to tap US$2b in IPO China Post Logistics, the country's top logistics firm, plans to raise over US$2 billion in a Hong Kong and Shanghai stock market listing in 2008, sources said, amid mounting foreign competition in the booming sector.
Admiralty Casebook
Who owns a vessel when it is being built? A SHIPBUILDER in Canada arrested two vessels that it was building and which it owned at that time in order to secure a claim against the vessels' mortgagee, but the Federal Court of Canada threw out the claim last month, describing it as a 'most peculiar action'.
Caribbean aframax rates rocket to new high RATES have swung from their lowest ever levels to record highs in just over 10 weeks.
Feelgood factor bolsters aframax tanker rates
Probe begins into Flying Phantom capsize POLICE and MAIB start investigation into sinking of Svitzer UK-owned tug in the River Clyde.
China Cosco raises full year earnings forecast COMPANY on course to post net profit of at least $2.5bn this year, boosted by integration of bulker operations.
Horizon hails tonnage tax reprieve Congress has relented in its effort to remove the tonnage tax option for Jones Act carriers operating in the Puerto Rico trades ' much to the delight of Horizon Lines
Arison warns of US cabotage plan CARNIVAL chairman Micky Arison believes a new US cabotage plan would force his brands to reroute and "put some ports out of business"
Apollo launches NCL brand overhaul NORWEGIAN Cruise Line has announced a significant brand overhaul that will tap the $1bn in new equity invested by private equity group Apollo
Breakthrough for GL in Russia GERMAN class society Germanischer Lloyd will be the first foreign class permitted to perform statutory duties on Russian-flagged vessels
Two bills help US shortsea scheme PROPONENTS of a US shortsea programme were heartened by the progress of two key pieces of legislation this week that benefit the trade
Two more dry docks for Daehan DAEHAN Shipbuilding in South Korea will begin the construction of two additional dry docks with a ground-breaking ceremony on 21 December
Wilson orders eight mini-bulkers in China Bergen-based Wilson has ordered eight mini-bulkers of 4,500 DWT at the Chinese yard Shandong Baibuting Shipbuilding at USD 10.4 million each, for delivery from 2010 to 2012. There are subjects on the contract, but these are expected ...
New MD at Swedish club Lars Rhodin has been appointed Managing Director of The Swedish Club. He will succeed Frans Malmros from July 1, 2008. "I have worked very closely with Lars Rhodin for some years and I know he will relish the task of ...
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