NYK to take 4% stake in Dalian Port NIPPON Yusen KK, Japan's largest shipping company, will own 4.1 per cent of China's largest oil terminal operator in Dalian Port Co's HK$2.16 billion initial public offering, according to a sales document.
Japan says China shipping ban could violate UN Convention A reported Chinese ban on ship traffic around disputed gas fields in the East China Sea could violate the UN Convention on the Law of the Sea, a top Japanese government official said yesterday.
Trip organiser blamed for Bahrain tragedy WITNESSES blamed the sinking of a Bahrain pleasure boat, which killed 58 people, on the trip's British organiser who forced the ship's captain to sail against his wishes, an attorney for the vessel's owner said.
Oil tanker earnings may fall on higher US inventories, say strategists
Little eyes Asia after taking Toll of Patrick in $4.2bn takeover AGGRESSIVE Australian logistics colossus Toll Holdings will turn its attention to East Asia after swallowing domestic rival Patrick Corp, chief executive Paul Little confirmed yesterday.
Horizon will charter five Ship Finance newbuildings US JONES Act container line Horizon has concluded negotiations to charter five newbuildings from Ship Finance International.
Palmali breaks ice to secure Lukoil products tankers sale TURKEY'S Palmali Shipping has finally concluded a long awaited deal with Russia's Lukoil to buy 10 icebreaker products tankers for $265m.
Lines upgrade Pacific Northwest service Carriers of the CKYH Alliance offer four new loops of operation, faster transit times linking Southeast Asia with ports of the Pacific Northwest.
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