Government divestment plan lifts Daewoo shares South Korea will privatise state-invested firms including Daewoo Shipbuilding and Marine Engineering, its finance minister said yesterday, lifting shares of the world's No 3 shipbuilder by 5 per cent.
Baltic index falls further as Aussie congestion eases The Baltic Dry Index, a measure of shipping costs for commodities, had a seventh straight decline as vessel congestion eased in Australia.
DRPA to refinance debt worth US$358m The Delaware River Port Authority (DRPA), one of the last municipal borrowers to issue auction-rate bonds, will refinance US$358 million of the debt this week, more than five months after the market collapsed.
Royal Caribbean's net profit falls to US$84.7m
Strait Talk
A sinking feeling for smaller shipping lines THE international shipping market has always been notable for entrepreneurs who have come along, set up lines and flourished.
Government divestment plan lifts Daewoo shares South Korea will privatise state-invested firms including Daewoo Shipbuilding and Marine Engineering, its finance minister said yesterday, lifting shares of the world's No 3 shipbuilder by 5 per cent.
Baltic index falls further as Aussie congestion eases The Baltic Dry Index, a measure of shipping costs for commodities, had a seventh straight decline as vessel congestion eased in Australia.
DRPA to refinance debt worth US$358m The Delaware River Port Authority (DRPA), one of the last municipal borrowers to issue auction-rate bonds, will refinance US$358 million of the debt this week, more than five months after the market collapsed.
Royal Caribbean's net profit falls to US$84.7m
Strait Talk
A sinking feeling for smaller shipping lines THE international shipping market has always been notable for entrepreneurs who have come along, set up lines and flourished.
Investors shrug off doubts over NOL's Hapag-Lloyd bid NOL'S stock rises despite earlier concerns that it may overpay for the German line.
NOL talks down Hapag-Lloyd takeover value
Wei resigns as chairman of third Cosco unit HE stepped down as chairman and director of Hong Kong-listed Cosco Pacific to concentrate on leading Cosco Group.
New IEX India-US service set to replace old IDX route OOCL, Hapag-Lloyd, CMA CGM, NYK and APL to launch new service on August 8.
Kremlin divvies up Sakhalin-1 gas GAZPROM has climbed down from demanding sole rights to sell all of the gas from the Sakhalin-1 scheme.
Singapore investigates bunkering AT LEAST one bunker supplier ' Gas Trade ' is being investigated in Singapore on suspicion of unauthorised transfer of fuel from a terminal, Fairplay 24 has learned
RCCL ties layoff to price rise ROYAL Caribbean Cruises chairman Richard Fain has acknowledged today that the company's 400 layoffs were a painful but necessary reaction to unprecedented operating difficulties in the cruise sector
Security tactics spur suit A LAWSUIT filed against Princess Cruises and US law enforcement agencies alleges that two passengers were the victim of civil rights violations during a security scare
ILWU contract talks progress, but frustrations remain at dock slowdowns No union labor agreement yet, but both sides say progress is being made on reaching a new multi-year labor contract for West Coast ports.
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