11 ships blocked by Nantes strike A 24-hour strike at the French port of Nantes Saint-Nazaire blocked 11 ships yesterday while action at the oil port of Fos-Lavera was expected to disrupt traffic from around 1800 GMT for several hours. The strikes in both ports come after France's national port union called on workers last week to stage 24-hour strikes on a weekly basis to protest against government plans to privatise loading activities at state-run ports. It is up to individual ports to decide on which day to take action.
2 chaebols join fray for Daewoo Shipbuilding stake GS and Hanwha, two of South Korea's largest business groups, joined steel maker Posco in a bid to acquire 50.4 per cent of Daewoo Shipbuilding & Marine Engineering Co in what would be the industry's biggest sale. The groups, or chaebols, want to buy the stake, valued at 4.29 trillion won (S$5.8 billion), in the world's third-largest shipbuilder to strengthen their construction, oil refinery and fuel production businesses, GS and Hanwha said separately yesterday.
Evergreen mega boxships order stalls CONTAINER giant appears to have fallen foul of credit squueze as reports say plans to deploy 12,400 teu vessels are coming apart.
Evergreen poised to seal Virginia deal with APM
Fredriksen raises stake in Tui SHIPPING tycoon now owns 11.75% of German company, making him the biggest shareholder.
FEFC lines target eastbound rates EFFORTS to improve profitability of container services from northern Europe to Asia are being ramped up.
The money men who stand watch THE third of a four-part series on life in the shipping sector looks at the deals that keep the maritime sector afloat.
Listening in to a casualty VESSEL data recorders provide objective accounts of accidents, helping all sides to get to the bottom of matters.
New MD for Norwegian owners group STURLA Henriksen has been appointed as the new MD of the Norwegian Shipowners' Association
100% scanning ' pros and cons DP World has advocated radiation screening of all containers, while German port operators have opposed scanning just US-bound boxes, on cost and congestion grounds
LatAm port problems cost $360M OVERWHELMED ports, particularly in Brazil, cost shipping lines serving the East Coast of South America an estimated $360M a year
Brazil stymies foreign investors BRAZIL suffers no shortage of foreign investor interest in its port sector, but it can't close these deals until it streamlines its painfully long development process
Navy denies 'no pirate arrest' story THE Royal Navy today denied reports that it had been instructed not to take Somali pirates into custody in case they claimed asylum in the UK.
Fredriksen now largest TUI shareholder Stock raid by the Norwegian billionaire fuels new speculation regarding the future of the world's fifth-largest ocean container carrier.
Feds investigating Puerto Rico carriers
Port of Montreal plans $2.5B expansion to 4.5M TEUs
USTR Schwab: Pass FTAs
Closer co-op for CKYH
Matson Navigation parent completes Savannah DC buy
Tallink heads into the red Higher bunker bills pushed Estonian ferry operator to loss in six months to 29 February.
Wilhelmsen staying? Car carrier giant looks unlikely to quit Oslo over controversial tax bill.
FBI raids Jones Act players News is emerging of an FBI antitrust investigation of US domestic liner shipping companies with raids on three shipowners this morning.
Top sale helps dodge survey US-listed owner says a troubled share offer played no part in its decision to sell a newly-arrived panamax.
Japan holds 13 Port state checks ended in detention for Flying Leaf boxship and United Ocean bulker during March.
Vinashin fires in first Vietnamese shipbuilder sees three month revenue rise by over 100% year-on-year.
Kiribati crews dumped German owners' patience with drunken, fighting Pacific islanders wears thin.
Costs sting Stolt Revenue rise eaten up by soaring fuel and manning expenses at Stolt-Nielsen while no disposals gains reported.
Master "could have done more" Thome captain criticised in UK accident report after products tanker dragged anchor in January.
Good growth for OOCL Volumes and revenues rise in first quarter for Hong Kong boxship owner.
Fredriksen ups TUI stake Norwegian shipping giant is now largest individual shareholder in Hapag Lloyd parent.
Norden banks $53m bonus Record profit on a single ship sale swells full-year forecast at Carsten Mortensen-led bulker owner.
Evergreen axes yard plan Taiwanese boxship giant blames global economic turmoil for decision to pull shipyard venture in Fujian, China.
A&P wins Maiden work UK yard to convert former cargoship into accommodation vessel in deal worth '30m.
Green light for 'weapons' ship Chinese vessel said to have weapons destined for Zimbabwe onboard given all clear to enter Durban.
Hanwha eyes Daewoo Korean industrial group the latest name to declare interest in privatisation of domestic shipbuilder.
Lloyd Fonds defends costs German fund manager sees tax almost double and other costs grow but fail to keep pace with equity placement growth.
Eukor extends Korean deal Car carrier operator has extended its deal to ship cars for Hyundai and Kia potentially up to 2020.
Clear-out for Vroon Dutch owner offloads five elderly offshore vessels as part of fleet renewal.
MOL in Qatari LPG tie-up Japanese shipowner to charter two gas carriers and jointly operate two more.
Maersk and MISC team up Danish and Malaysian line firms plan to work together on South East Asia-New Zealand trade.
Piracy attacks jump 20% Nigeria tops list of shame as the number one hotspot for attacks in the first quarter of 2008.
Eukor secures long-term contract for Korean car transports South Korean car carrier Eukor, controlled by Swedish Wallenius and Norwegian Wilh Wilhelmsen, has secured an extension of its transport agreement with Korean car manufacturers Hyundai Motor Company and Kia Motor Company. The extension means that Eukor will transport 100 ...
Piracy attacks up 20 per cent According to the IMB (the International Maritime Bureau), 49 piracy attacks were reported in the first three months of 2008, compared to 41 for the corresponding period in 2007. This is an increase of 20 per cent. A total of ...
EMSA seeks help from Public Conciliator's Office The Estonian Seamen's Independent Union (EMSA) has decided to turn to the Public Conciliator's Office in the wage negotiations with AS Tallink Grupp. EMSA tried to initiate negotiations already in November, but they were postponed until January due to disagreements ...
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