Full-year losses seen at Nippon Yusen, K-Line Nippon Yusen KK and Kawasaki Kisen Kaisha Ltd, Japan's largest and third-largest shipping lines respectively, forecast full-year losses as recessions in the US and Europe slashed demand. Nippon Yusen fell the most in more than 10 weeks.
Global Carriers to get 2 more vessels this year Freight services provider Global Carriers Bhd will take delivery of two new clean petroleum product (CPP) ships in the second half of the year.
3 Korean carriers in US$482m LNG loan Hanjin Shipping Co, Hyundai Merchant Marine Co and SK Shipping Co have agreed to borrow a combined US$482 million to refinance liquefied natural gas vessels, according to two people with direct knowledge of the matter.
MPs call British railway ownership structure 'a mess'
NYK's 2009 prospects sink JAPAN'S NYK has changed its financial prediction for the year from profits to losses, in posting dismal first-quarter results
Danaos touts recovery signals SECOND-QUARTER profits of container-ship owner Danaos Corporation were slashed in half, but the company's CEO cited optimistic signs ahead
Bidders vie for Virginia ports THE Virginia Port Authority received two new bids today to privatise state port operations, following an unsolicited offer in March
TPR seeks court protection ARGENTINA-based multipurpose terminal operator Terminal Puerto Rosario has sought court protection as it attempts to restructure its debt
Philippines ferry bomb found SNIFFER dogs detected improvised explosives on a ship as the Philippines was preparing for today's State of the Nation address
Delhi rejects shipping pleas FRESH efforts by India's shipping ministry to ease the credit squeeze on domestic shipping companies failed today
Petroecuador seals China deal A CRUDE supply deal revealed today between China and Ecuador should translate into more long-haul tanker cargoes, mirroring the shipping trend in Venezuela
Saudi Aramco offers 380 cst parcel Cargo scheduled for August 20 loading from Jubail.
Asian fuel oil prices at nine-month high Demand expected to outstrip supply for rest of 2009.
Sinopec Zhoushan hopes to expand supply operations Latest of five approved Chinese bonded bunker suppliers looking to start services in Shanghai, Ningbo.
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