Port giant sells minority stake SSA, one of the largest terminal operators in the world, has unveiled a new ownership structure that boasts 'significant' new capital for growth
Canadian owners seek US rule relief The Canadian Shipowners Association (CSA) has asked a New York court to order the Environmental Protection Agency to delay implementation of a US ballast-water regulation
Demand for widebeam boxships picking up A major chartering deal for wide-beam container ships is fuelling hopes that demand for large modern charter container ships will quickly recover this year
STX loses Scandlines ferry deal STX Finland's Turku yard has lost the €450 to 500M ($612 to $680M) deal to build two LNG ferries for Scandlines due to its inability to secure a financing package, local daily Turun Sanomat reported on 4 January
Libya navy fires on tanker A crude oil tanker has been fired upon by the Libyan navy while apparently attempting to enter a blockaded port, Reuters reported
China's wool imports increased in 2013 China's wool imports increased 16% year-on-year to 319,000 tonnes in the first 11 months of 2013, a customs report said
Record box ship deliveries expected in 2014/15 Container trades analyst Alphaliner has predicted that deliveries of new container vessels will reach record levels this year and next
Hanjin White delivery set for 31 July Hanjin Shipping announced today that it had set the delivery of 4,600teu containership Hanjin White for 31 July
Euronav to increase capital by $350M Belgian tanker operator Euronav plans to increase its capital by $350M to part-finance the projected $980M acquisition of the 15-vessel VLCC fleet of Maersk Tankers Singapore it announced on Sunday
Korean shipbuilders seek more order wins South Korea's big three shipbuilders - Hyundai HI, Samsung HI and Daewoo Shipbuilding & Marine Engineering - have set higher goals this year in their new year messages
U-Ming Marine obtains bulk carrier Taiwanese carrier U-Ming Marine announced yesterday that it obtained a 83,800dwt bulk carrier at the price of $33.8M
Eng Kong raises stake in depot business Singapore-based integrated logistics operator in Asia Pacific, Eng Kong, has increased its stake in the depot business of Tianjin Keyun
Sinotrans shipping orders four ultramaxes Hong Kong-listed Sinotrans Shipping has placed new orders at sibling Jinling Shipyard to build four 64,000dwt bulk carriers at an overall cost of $103.2M
VLGC rates return to profitable levels Rates to haul LPG on VLGCs have returned to profitable levels, as the plunge in Saudi ARAMCO's January contract prices has encouraged trading again
CSA seeks ballast water aid The Canadian Shipowners Association (CSA) has asked a US appeals court to delay implementation of ballast water rules set to go into effect.
GUPC's counter olive branch Grupo Unidos por el Canal (GUPC) has submitted a counter proposal aimed at cooling down a dispute over the financially troubled Panama Canal expansion project.
Princess crewman missing The US Coast Guard is hunting for a crew member missing from a Princess Cruises vessel off Hawaii.
ACP offers olive branch The Panama Canal Authority (ACP) has proposed a $283m plan to prevent a consortium building an already delayed set of locks from suspending the widening project.
Koreans to net more Rising demand for LNG carriers will help lift order intake at South Korea's main shipyards in 2014, Deutsche Bank says
Pemex ships to Europe Mexican exporter Pemex is to start shipping Olmeca crude to Europe this month.
HSH powers Paragon order Paragon Shipping has secured a loan from HSH Nordbank to help fund a double ultramax order in China.
Singapore hits new record Singapore handled a record number of containers last year but the terminal remained in second place behind Shanghai as the world's busiest.
Locked and loaded Euronav has the firepower to replicate its $1bn takeover of the Maersk VLCC fleet without the need for further equity raises, RS Platou Markets says.
New ports for Suez Egypt has shortlisted 14 international firms for a huge new project to develop the Suez Canal region.
Star Bulk seals loan Star Bulk Carriers has put pen to paper on a loan to pay for a pair of ultramax bulkers on the same day that it took delivery of the second of the two vessels.
On a roll Footage has emerged of what it is like to be on the bridge of a containership when it is being battered by an Atlantic storm.
Pirates free Althea pair West African pirates have freed a master and engineer snatched from a Greek-managed tanker last month.
DFDS: no appeals No appeals have been lodged against a UK judgement suspending MyFerryLink's ban from operating in Dover.
Ceona seals Petrobras gig Ceona has clinched its first contract for a newbuilding chartered from GC Rieber Shipping.
KDIC offloads trio Korea Deposit Insurance Corp (KDIC) has made a tidy profit from selling a trio of bulkers into Greece.
Nicaragua canal delayed Nicaragua will begin work on its huge new $40bn canal at the end of this year.
Shots fired at tanker Warning shots were fired at a Turkish tanker accused of making an illegal approach to the separatist-controlled Libyan port of Es-Sider.
Unipec retains crown Unipec has held on to its title as the world's leading charterer of dirty tankers shipping more than twice the volume of its nearest rival in 2013, according to Poten and Partners annual rankings.
Pan Ocean issue cut Korea's restructured bulker owner Pan Ocean has reduced its $1.17bn debt-for-equity issue after some creditors missed the boat.
Cash and carry AP Moller-Maersk is set for a $3bn cash boost following the sale of shares in Dansk Supermarked just two days after offloading its VLCC fleet to Euronav.
Ares wins ferries Turkey's Ares Shipyard has a won a contract to build eight ferries for Qatar.
Bourbon sells 18 more French offshore group Bourbon has revealed it sold and chartered back 18 more ships worth $528m towards the end of 2013.
EOC makes strong start EOC has booked a strong start to the new financial year on the back of long term charters for its construction fleet.
Sinotrans books four Sinotrans Shipping has ordered four ultramax bulker newbuildings at a shipyard in China, it announced Tuesday.
Ezion buys liftboat Ezion Holdings has acquired a liftboat from three Singapore private equity firms in a deal worth $32.5m.
Fortress eyes offshore Fortress Investment Group of the US appears to be growing increasingly interested in the offshore sector.
WLS: Capacity drops as Alliance market shares rise
EPA: Texas importers must settle Clean Air violations
Contradictory reports on Nicaragua Canal start-up A BBC report over the weekend found that construction on a canal that runs through Nicaragua would probably not begin until next year, but the AP reported Monday reported that construction will begin in 2014.
Maersk parent sells stake in supermarket A.P. Moller-Maersk said it is divesting its shares in a Danish supermarket chain, receiving net proceeds of $3 billion and an accounting gain of about $2.5 billion through the deal.
Washington Notebook: Truck pilot program set to begin at Peace Bridge
$800 million granted for major Texas road projects San Antonio transportation leaders and the Texas Department of Transportation today unveiled a plan to allocate more than $800 million to fund expansions of I-10, US 281 and Loop 1604.
Union Pacific expands intermodal service Union Pacific Railroad announced yesterday a new intermodal service between Laredo, Texas, and Memphis, Tenn., to support growing transportation needs for the automotive manufacturing and intermodal marketplaces.
Pritzker to lead Middle East mission
Panama reassures industry that Canal expansion will proceed
Triton launches LCL exports to Central America
DGX enhances ocean services to Latin America
Firm developing fuel cell range extenders for FedEx
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