Hanjin Q2 profit rises 20% on higher rates Hanjin Shipping, South Korea's largest shipping line, boosted second-quarter profit 20 per cent after charging more for carrying containers and commodities.
Overseas Shipholding profit up 10% Overseas Shipholding Group Inc, the largest US-based oil-tanker owner, said second-quarter profit rose 10 per cent on higher rates for its oil carriers and dry-bulk vessels.
Railway costs may add 17% to Oakajee port outlay Oakajee Port & Rail Pty, a venture of Murchison Metals Ltd and Mitsubishi Corp, said that its planned port in Western Australia for iron ore exports may cost 17 per cent more after adding on the cost of trains and wagons to the project.
HHIC bags CMA CGM order for boxship pair THE company, which will deliver the 3,400 teu vessels in July 2010, is still lagging behind its 2008 orderbook target.
Mississippi closed again by oil MORE LEAKS of oil resulted in the Mississippi River being closed again today
OSG rides OPEC swell OVERSEAS Shipholding reported strong second-quarter results driven by much higher VLCC and Aframax spot rates
Doha trade talks collapse ' again WORLD Trade Organisation director-general Pascal Lamy is expressing regret today that the latest effort to liberalise global trade has collapsed, with serious shipping implications
Study says lakes ballast rules work BALLAST flushing regulations now imposed on ships entering the Great Lakes should be sufficient to prevent more aquatic pests from being introduced, the US National Academy of Sciences has reported
Santos profits fall 10% CONTAINER terminal operator Santos Brasil posted profits for the first six months of this year more than 10% below the same period last year
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