India may miss port capacity target India's government may miss a target to add capacity at its 12 major ports as the economy grew less than anticipated and global trade slumped amid a recession, the shipping secretary said.
Jeddah port opens new US$530m terminal A new US$530 million terminal in Saudi Arabia's main shipping hub will ease congestion and help lure back trade which had gone to other ports in the past few years, a senior executive said.
US imposes China pipe levies THE US International Trade Commission has voted to impose duties on subsidised Chinese tubular goods for the oil industry
2010 oil chokepoints seen CRUDE rates in 2010 will be predominately determined by Asian markets, market analysts have told Fairplay
Iron plate injures yard workers AT LEAST five workers have been injured by a falling iron plate at Bangladesh's Sitakunda shipbreaking cluster
CMA CGM installs directors A BOARD of directors was today officially put in place at CMA CGM, with Philippe Souli' taking control as CEO
China proposes anti-pirate base A SENIOR Chinese naval officer has reportedly suggested that China set up a permanent base in the Gulf of Aden to help it fight pirates
CMA CGM alters note terms CMA CGM's bondholders have approved changes to the terms of their notes that will allow the French Line to raise more debt, a company source told Fairplay today
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