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October 28, 2009

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Oct 28, 2009
NYK to slash box fleet in half
Tokyo: Container giant NYK is looking to downsize its box ship fleet from its existing 120 vessels to about 60 in order to cope with ... [full story]
Oct 28, 2009
China ready to pay ransom to free Cosco bulker
Beijing: China has begun "secret" negotiations to free the cargo ship De Xin Hai and its crew from the clutches of Somali hijackers, the South ... [full story]
Oct 28, 2009
Bulgaria and Korea mull shipyard jv
Seoul: Bulgaria's President Georgi Parvanov and his South Korean counterpart Lee Myung-bak have discussed the idea for a joint project for building ships for transporting ... [full story]
Oct 28, 2009
Japan looks at Dalian to funnel cargoes onto the Trans-Siberian
Tokyo: The Trans-Siberian Intermodal Operators Association of Japan (TSIOAJ), a group of Japanese forwarders operating on the Trans-Siberian Railways (TSR), held a press conference this ... [full story]
Oct 28, 2009
Japanese warship collides with Korean containership
Tokyo: A Japanese warship and a South Korean container ship have collided off southern Japan, injuring a navy sailor. The destroyer Kurama and the Carina ... [full story]


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