Yangzijiang doubles Q2 profit to 338.2m yuan China-based Yangzijiang Shipbuilding more than doubled its second-quarter profit to 338.2 million yuan (S$69.4 million) from 145.9 million yuan, as revenue tripled to 1.77 billion yuan from 507.3 million yuan.
Tax relief wanted for transport operators The Malaysia Fruit Exporters Association (MFEA) has proposed double taxation relief be given to local and foreign carriers and shipping lines, the national news agency Bernama reported on Monday.
Is UPS talking to TNT or is it just another rumour? In the world of package companies, there is one story you can rely on to come up with mind-numbing regularity: speculation that either United Parcel Service Inc or FedEx Corp are in talks to buy TNT NV.
Strait Talk
Unilateral action on emissions levy OPPOSITION by UK-based Greek shipowners to a proposed levy on CO2 emissions from ships has caused controversy and provoked a reaction that should sound warning bells to Asian owners.
Yangzijiang doubles Q2 profit to 338.2m yuan China-based Yangzijiang Shipbuilding more than doubled its second-quarter profit to 338.2 million yuan (S$69.4 million) from 145.9 million yuan, as revenue tripled to 1.77 billion yuan from 507.3 million yuan.
Tax relief wanted for transport operators The Malaysia Fruit Exporters Association (MFEA) has proposed double taxation relief be given to local and foreign carriers and shipping lines, the national news agency Bernama reported on Monday.
Is UPS talking to TNT or is it just another rumour? In the world of package companies, there is one story you can rely on to come up with mind-numbing regularity: speculation that either United Parcel Service Inc or FedEx Corp are in talks to buy TNT NV.
Strait Talk
Unilateral action on emissions levy OPPOSITION by UK-based Greek shipowners to a proposed levy on CO2 emissions from ships has caused controversy and provoked a reaction that should sound warning bells to Asian owners.
Star Cruises cuts losses after Norwegian Cruise Lines disposal THE COMPANY cut its first half net loss to $49.6m, down from a net loss of $56m in the same period last year.
Star Cruises shareholder bleeds from stake sale
China Shipping Development sees 44% surge in H1 profit STRONG demand for dry bulk and oil transport
NCL weighs down Star STAR Cruises reported heavy losses for the first half as its remaining half share of Norwegian Cruise Line continued to drag results
STX wins key shares in Aker Yards KOREA'S STX International got traction today in its attempt to take over Norway's Aker Yards when three company officials sold large holdings
USS losses mean shuffled bosses LONGTIME US Shipping Partners boss Paul Gridley is stepping down as losses mount for the troubled Jones Act operator of barges and tankers
War threatens oil supply The Georigan ports Supsa and Batumi that handles Caspian crude are operating at reduced levels as a result of the conflict between Georgia and Russia. Georgia also claims that Russia has attacked the world's next longest oil pipeline, BTC (Baku ...
Row over Hapag-Lloyd sale escalates According to German media reports, the board of TUI has sent a letter to John Fredriksen, one of its major share-holders, with a threat to sue Fredriksen if he goes to court to stop the sale of Hapag-Lloyd ...
Cook Islands newest IMO member The Cook Islands, consisting of 15 small islands in the South Pacific Ocean off New Zealand, is the latest member of IMO. The country is thus the 168th member of IMO. The country has a population of 21,000. Its application ...
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