PSA makes HK$3b bid for Hong Kong port assets PSA International has finally succeeded in getting a slice of the thriving Hong Kong container terminal business, with a bold HK$3 billion bid for the port assets of conglomerate NWS Holdings Ltd.
Daewoo Shipbuilding back in the black in Q4 DAEWOO Shipbuilding & Marine Engineering Co, the world's second-largest shipbuilder, returned to profit in the fourth quarter as gains from foreign-currency transactions offset a rise in costs for raw materials.
Tanker earnings may stay near six-week high OIL tanker earnings on routes from the Persian Gulf to Asia may be little changed this week near a six-week high as oil companies hire ships to load in March amid a limited supply of vessels, shipbrokers said.
Mitsui Engg cuts profit goal on rising costs
Shippers say proposed EU law flouts IMO convention
Fatal attacks by pirates surge in '04: watchdog
Indonesia to merge state firms to boost efficiency
Hawaii: Bunkers and cargo removed from grounded ship Fuel oil, diesel oil and cargo of cement removed from grounded vessel off the Hawaiian island of Oahu.
Spill threatens Egyptian coast after tanker collision Egyptian authorities are monitoring the situation after 1,500 metric tonnes of oil spilled in the Mediterranean Sea after a collision involving two oil tankers.
Old hands promise a new bunker experience Bunker industry connoisseurs Goris Vermeulen and Capt. Cornelius de Keijzer come out of early retirement to offer a bunker course with a difference, putting theory into practice during an intensive 3-day course.
Athens plans futures clearing house A FACILITY for clearing over-the-counter shipping derivatives may shortly be created in Athens, providing competition for Oslo-based clearing house NOS.
Oil spill disperses after Kestrel and Trijata collide ROUGH weather that held up the lightering of cargo from two tankers that collided off Egypt on Friday, was however, 'good news' from the pollution perspective.
Transmanche suspends cross-Channel service after Dieppe prang FRENCH cross-Channel operator Transmanche Ferries has suspended its service between Dieppe and Newhaven after one of its two vessels ran into a quay in the port of Dieppe on Friday.
BAE Systems calls truce with KBR on aircraft deal BRITAIN'S warship building sector has pulled back from months of bitter wrangling with the government following their decision to select Kellogg Brown & Root as foreman of the £4m aircraft carrier project
Romanians in repair scam FOUR Romanian seamen arrived home on Saturday after working without pay and being victims of assault whilst repairing three vessel in the Dominican Republic
Suezmax collision in Med ABOUT 1,300 tonnes of Arab light crude oil spilled into the Mediterranean at the weekend after two Suezmax tankers collided off Egypt
Grounded bulker now lightens cargo LIGHTERING of fuel from the bulker Cape Flattery, which ran aground off Hawaii last week, has been completed but salvors are now removing part of the cement cargo
Workers debate surprise share twist THE workers' council at Polish major PZM is unsure what it should do with the offer to return the crucial 'golden share' in the company by a privately-owned freight broker
LA-Long Beach delays peak box fee Marine terminal operators postpone launch of PierPass, implementation of $20 per-TEU fee that will fund it, until June 1.
New World gains as desperate PSA bids for minority ACT stake Industry insiders have questioned the wisdom of PSA Corp's US$384million bid for minority shares in Hong Kong's Asian Container Terminal (ACT) and CT3.
Attractive gains lure NWSH to sell Kwai Chung assets to PSA NWS Holdings (NWSH) has agreed to sell its port assets in Kwai Chung to Singapore's PSA International for HK$3billion (US$384.6million) in cash, giving PSA a foothold in Hong Kong finally.
Intermodal investment is the key to Siberian volume growth
Rain delays Santos' Tecon Two berth
Malacca Straits remains the world's piracy black spot
Direct Yantian feeder service to boost Shantou volumes
Market could take downward turn by H2 2006 says PIL
Hyundai delivers newbuild to CMA CGM
Ulsan sees drop in box volumes
boxXpress.de adds calls to its German rail shuttle
Reefer Shipping takes stakes from air Transport of tropical fruits rose from 4.3 per cent to 5.9 per cent of the total seaborne reefer volumes during ...
"Ice Prince" embargoed On the request of the Finnish salvage and towage company Alfons Håkans OY, the district court in Kalmar, Sweden, has ...
Smedvig faces NOK 1.0 million fine Smedvig Offshore faces a fine of NOK 1.0 million after a fatal accident on the drilling rig "West Venture" in ...
Orient Overseas (International) Limited (OOIL), the subsidiary of the Chinese shipping group COSCO Shipping Holdings that operates containerized maritime transport services with ...
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