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December 07, 2009

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Dec 07, 2009
Hainan Strait Shipping aims for $194m from IPO
Shanghai: Chinese ro-ro operator Hainan Strait Shipping intends to fund its fleet expansion plan with money raised from its IPO when it lists on the ... [full story]
Dec 07, 2009
New box terminal in the Russian Far East
Vladivostok: The Russian Far East is set to have a new container terminal with investment coming from local line, Fesco, the local government, China and ... [full story]
Dec 07, 2009
Tankers and LNG the focus for MOL
Tokyo: Mitsui O.S.K. Lines (MOL) is looking to up its tanker and LNG exposure as it anticipates a long downturn in the container market. ... [full story]
Dec 07, 2009
Beijing green lights Australian coalmine takeover
Beijing: Yanzhou Coal Mining Co Ltd, the fourth-largest coal producer in China, said Friday that it has won the approval from the National Development and ... [full story]
Dec 07, 2009
CSIC’s $2.2bn IPO outlined
Shanghai: State run shipbuilder and equipment manufacturer China Shipbuilding Industry Co (CSIC) will raise up to 14.7 billion yuan ($2.2 billion) in an A-share listing ... [full story]
Dec 07, 2009
Australia secures largest trade deal
Sydney: Australia has cemented its biggest trade deal with an A$90 billion agreement to export liquefied natural gas to Japan. US oil giant Chevron ... [full story]
Dec 07, 2009
Shanghai gets local insurance boost
Shanghai: China Pacific Insurance (Group) Co launched last week its shipping insurance department - the first among Chinese insurers - to ride on Shanghai's ambitions ... [full story]
Dec 07, 2009
Maersk slow steaming a success
Copenhagen: Describing the dramatic speed reductions as "the most innovative development in container shipping in recent history", Maersk VP Fleet Management Soren Andersen says reducing ... [full story]


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