Gateway may buy competing logistics firms Gateway Distriparks Ltd, an Indian shipping-logistics provider, may acquire competitors to benefit from soaring freight as new entrants struggle to achieve the scale needed in the world's second fastest growing economy.
Hanjin completes Subic Bay shipyard SOUTH Korea's Hanjin Heavy Industries and Construction Corp has completed the first phase of its largest shipyard project in Subic Bay, the Philippines.
CSCL rises 75% on Shanghai IPO launch China Shipping Container Lines Co (CSCL), the second-largest in Asia, surged 75 per cent on its Shanghai stock exchange debut as investors bet rising trade will provide stable earnings.
Maersk Mc-Kinney Møller buys capesize bulkers THE 94-year old shipowner buys capesize pair on his own personal account.
Møller pays tribute to Churchill
CSCL soars on first day trading CONTAINER operator off to a flier on Shanghai exchange, but Hong Kong stock suffers after Li Ka-shing reduces stake.
CSIC spends Yuan10bn to expand Tianjin facilities STATE-owned shipbuilder's new yard will increase its capacity by more than ten times.
Is the ports funding bubble about to burst? THIS year will be remembered fondly by private terminal operators as the one where ports were transformed to the best thing since sliced bread.
When fish ride bicycles IS the European Commission in favour of a return to casual waterfront labour, where dockers queue up at dawn every day?
IMO wants humane and green industry IMO secretary general Efthimios Mitropoulos has voiced support for an international regulation to improve the well-being of livestock onboard specialist vessels
Inquiry ordered into IRS feud INDIA'S shipping ministry has ordered the Directorate General of Shipping to conduct an inquiry into Indian Register of Shipping following a massive protest by its employees
Sweden angry at Baltic death traps SWEDEN is calling for Baltic ro-ro ferries to shut their watertight compartment doors while at sea
Viking wins landmark EU labour case THE European Court of Justice has ruled in favour of the Finnish ferry company Viking Line in a long-running dispute with trade unions over reflagging one of ships to Estonia
Tirrenia concession angers Sardinia ALMOST the whole community on the island of Sardinia has protested against the probable extension of Tirrenia's ferry concession
Confitarma wins cabotage tax relief THE Italian Parliament has re-inserted tax relief for cabotage operations
U.S. Chamber of Commerce hits legislation proposing tonnage tax repeal Chamber has denounced proposed legislation that would repeal the tonnage tax option for U.S.-flagged ocean carriers hauling cargo between U.S. and Puerto Rico.
Teekay IPO hits top mark Teekay Tankers raises $195m after spinoff prices at $19.50 per share, top point of target range.
Bocimar orders capes Belgian bulker owner places order for two capesize newbuildings at Asian yards
OceanFreight tanked up US-listed bulker owner's first move under a new chief executive is a shift into the tanker sector.
Exxon floats LNG plan US oil major to build a floating LNG terminal to supply New York and New Jersey.
Horizon responds US containership owner lashes out against proposed tonnage tax change, saying there is "no sound policy or technical reason" to eliminate its application to Puerto Rico.
Crowley springs for TWICs US owner to pay for all permanent workers to obtain biometric port security ID card.
Mason fires emission warning International Chamber of Shipping chief says industry has a year to clean up its act before EU and US regulators go it alone.
Dolphin flips out India's Dolphin Offshore blows hole in local newspaper's theory that it is on verge of shipyard joint venture with L&T.
Oil spill off Norway About 24,000 barrels of crude spills into sea during loading of Teekay shuttle tanker off Bergen.
Hubble cleared of manslaughter P&O ferry officer acquitted of one charge in yacht death trial, but jury still considering other accusations.
Not too crabby Cosco Busan insurers to pay crab fishermen after San Francisco oil spill.
Oceanlink wins sweeteners Malaysian owner handed six-year tax incentive package for buying new double-hulled tankers.
Veteran buys biggies Shipowner Maersk Mc-Kinney Moller has ordered two bulker newbuildings privately for his own account.
China Cosco slips Stock falls 11% after Li Ka-Shing again cashes company shares.
Yang Ming scraps share swap Taiwanese boxship owner's controversial tie-up with bulk player Taiwan Navigation halted by legal trouble.
Ingram inks barges US owner orders 20 units at domestic shipbuilder Jamesbuilt as part of fleet renewal.
NSC grabs two Russian owner buys two second hand ships from an unidentified German company.
Gdynia deadline extended Polish government gives potential shipyard buyers another 10 days to lodge bids.
Ioannides in earnings boast Ocean Tankers expects a five-fold increase in profit over the next year following the arrival of 15,500-dwt tanker octet.
Golden Nori released Japanese tanker and 22 crew held since October freed off Somalia but no word of ransom payment.
SSC in double swoop Yannis Vardinoyannis-led Sea Star Capital takes control of Minoan Lines and grabs a slice of Hellenic Seaways.
Chernormorsky reported sold Ukraine's Black Sea yard says it has been bought by rival Kherson, but owner denies sale.
Korean faces jail in Oz Second mate of LPG carrier involved in collision with trawler off Queensland faces fine or 10-year term.
Shanghai noon China Shipping Container Lines' (CSCL) A-shares shine on debut to leave its Hong Kong stock in the shade.
Eimskip raising cash Icelandic container line selling Canadian debt to finance expanded operations.
IHI in deeper trouble Japanese shipyard could be delisted if Tokyo stock exchange finds evidence of false statements in filings.
Blue Star ship hits dock Greek ferry suffers minor damage to steering system in Mykonos mishap.
Mercator goes low Indian owner sets Singapore IPO price at the bottom end of its target range amid market unease.
Emtunga signs Borneo contract Emtunga Offshore in Göteborg is to deliver a replacement accommodation quarter to a gas platform off Borneo. The contract signed with Malaysian Brooke Dockyard is worth SEK 90 million and delivery will be made in two parts in May and ...
Norwegian investors to convert Meloodia Norwegian-controlled, but Singapore-based Equinox Offshore Accommodation, controlled by Petter H'ie and Arne Johnsen, who recently bought the 17,955 gross ton, Tallink car/passenger ferry Meloodia, built 1979, for conversion into a floatel/construction vessel, are looking for more ...
EPA 'may review' diesel criteria Exemption does exist from new 0.05% marine diesel sulphur limit, but there may not be any fuel that suits the legal definition.
US oil inventory data support firming crude Oil also driven higher on speculation that move by world's key central banks could boost economy.
Slow December start in Fujairah Suppliers say enquiry volumes have been thin despite softer prices, but expect pre-holiday rush soon.
Rotterdam firmer on crude gain
Sri Lankan conglomerate gets positive rating Increased competition in Sri Lanka's bunker market may erode margins.
Greek strike suspends port operations Elsewhere in Europe, Italian and French ports are also affected by strikes.
India: Bunker sales predicted to triple Ports in Gujarat state have 'huge potential' to capitalise on growth in ship calls.
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