China stimulus good news for bulk liners The four trillion yuan (S$844.8 billion) Chinese stimulus package is likely to be a boost for the world's battered bulk shipping companies, but only if they survive long enough for the country's planned infrastructure projects to get rolling.
Korea bank to delay Daewoo sale Korea Development Bank (KDB) may delay signing a contract for the sale of a controlling stake in Daewoo Shipbuilding & Marine Engineering Co if buyer Hanwha Group provides fundraising details.
Billy closes Oz iron operations CYCLONE Billy has intensified to a category-three storm with 165kmh winds, causing Western Australian iron ore ports to suspend operations
LA-LB halts Saturday box hauling DWINDLING volumes at Long Beach and Los Angeles have led to the suspension of Saturday cargo hauling to and from box terminals
Vancouver strike threat looms CANADA'S West Coast ports face disruptions in early 2009 if threatened strikes by longshore foremen and truckers proceed
Chennai boxes pile up CONTAINER traffic to and from the port of Chennai on India's East Coast has come to a standstill in the wake of an "indefinite" strike by truck drivers
Beijing to build Taiwan-facing port CHINA is to build a major port to face Taiwan in Chaozhou, in the first big scheme seeking to capitalise on cross-strait routes that reopened last week after a half-century of estrangement
Varna varnishes turnover 57% BULGARIA'S Varna has reported turnover for 2008 that is 57% up on last year and amounts to 50M leva ($35.8M)
Polish president to sign yard bill POLISH President Lech Kaczynski will be signing a bill today after all to enable workers from the Gdynia and Szczecin yards to claim compensation arising from the sell-off of the facilties
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