LCL may fill gap if container shipping market softens The less than container load (LCL) market is a small but important part of the freight-forwarding market.
Samsung Heavy gets biggest order - for 9 ships Samsung Heavy Industries Co, the world's second-biggest shipbuilder, said it won a 1.58 trillion won (S$2 billion) order from the Middle East to build nine large-sized container vessels, its single biggest order.
Largest China shipmaker to sell shipyard China State Shipbuilding Corp (CSSC), the country's largest ship-building group, has put its Wenchong Shipyard up for sale on the Beijing Equity Exchange for 3.04 billion yuan (S$603 million), according to the exchange's website (www.cbex.com.cn).
Msia's MTD enters port biz with Indonesia terminal project
Kuwait gets ready in case Iran shuts Gulf oil route
Maersk Line cuts Asia loop as fuel costs rocket REMOVAL of AE5 loop is a temporary measure in response to escalating bills and the need to contain costs.
Maersk boxship orders defy market slump
First Class goes ahead with IPO FIRST Class Navigation appears to be proceeding with IPO, having cut offering to 12.5m units.
Shipbuilders' earnings set to accelerate in next two years BUT HSBC report says slowing order growth and dramatic rise in capacity could represent downside risks further ahead.
Union anger over yard privatisation Unions in Gdansk have claimed Poland's restructuring plans for two Polish shipyards are invalid because they were not consulted over the plans
US Senate OKs Marpol Annex VI MARPOL Annex VI could soon be made into law in the US as the US Senate has largely adopted the convention
Iberdrola to supply LNG to Norway IBERDROLA, Spain's leading energy group has secured a $100M deal to supply LNG to Norwegian gas company Gasnor
Aker asks STX for cash AKER Yards has requested short-term funding from STX Corporation after the sale of 70% of Aker Yards' Merchant Vessels Business to Russian investment company FLC West was delayed
Gambia seeks Iranian maritime help GAMBIA and Iran have concluded an MoU on maritime matters including shipbuilding, ports and seafarers
Sulpicio appeals for permit to sail SULPICIO Lines is losing more than $2M a day while its ro-pax fleet is grounded subsequent to the Princess of the Stars sinking
ILWU, employers talking ahead of West Coast waterfront contract deadline Bargaining continued Monday as negotiators raced against the expiration deadline of the current contract at 5 p.m. Tuesday.
US, allies won't allow Iran to block shipping
Maersk suspends busy Asia-Europe service to save fuel
ILA wins Evergreen appeal
US signs customs pacts
Savi wins Defense contract
United States could block Russia WTO move
Airbus picks Kuehne & Nagel as lead logistics provider
Aries' anticlimax Mons Bolin-led boxship and products tanker owner says it has ended its review of strategic alternatives with the decision to stay its old course.
Scrambling for oil New York analyst hikes rate assumptions for US-listed tanker owners as OPEC output hike meets strong demand.
Still probing Carnival says Florida attorney general has dropped fuel supplement review but is still investigating potential antitrust violations.
And another... Jinhui buys its third ship of the day with newbuilding handysize deal at Naikai Zosen in Japan.
PMA upbeat Employers group points to a positive mood as a deadline looms in US West Coast dockworker labour talks.
Maersk cuts back Higher bunker costs lead to top liner operator taking 4,000-teu a week of capacity out of Asia Europe services.
Ferry nice Staten Island Ferry operations chief tells TradeWinds Web TV that the municipal service runs a lot more like a traditional maritime operation.
Excel pays double US-listed bulker owner prepares to double its payout to shareholders after Quintana merger.
Yard's stadium job Argentine shipyard is helping install the roof on the country's first covered stadium.
Sulpicio sues Owner of Princess of Stars ferry blaming the Philippines weatherman for tragedy.
Yard sale China State Shipbuilding Corporation puts Guangzhou Wenchong on auction block.
Aker in $89m loan Delay in yard sale to FLC West leads to STX financing deal.
Cash for Tallink Estonian owner gets helping hand from Europe to pay for new ferry.
Capsize deaths Chinese cargoship overturns in Yellow Sea, with up to 10 crew feared dead.
Samsung seals it Kuwait-based UASC signs huge $1.5bn deal for mega-boxships at Korean yard, its biggest ever order.
Volgaflot profits Russian river-sea cargoship owner has made it into the black for 2007 after loss-making first six months.
Shipping fizzle Dangerous cargo fears put damper on Fourth of July celebrations for Chinese firework factories.
Mana from Leirvik Norwegian yard delivers platform supply ship to expanding Indian owner Garware.
Toxic puzzler Salvors working out how to remove illegally carried pesticide from capsized Princess of the Stars.
Ferry grounds Passengers and crew safe after NEL Lines ship hits reef in Aegean.
Cochin waits Shipping ministry still considering state-owned yard's plan to raise expansion cash in IPO.
Jinhui inks bulkers Bulker owner agrees to acquire two 92,500-dwt bulkers on order in China.
RXT fixes Norwegian seismic company takes DP2 newbuilding for up to 12 years.
Able good to go UK ship recycling company gets green light from UK authorities to start work.
Chemoil bulks up Singapore listed bunker supplier adds tonnage in Gulf of Mexico and Fujairah.
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