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June 17, 2008

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Jun 17, 2008
Another rough day's trading for STX Corp
Seoul: STX Corp fell 6.7% to 58,400 won after tumbling by the daily limit of 15% on Monday due to its 307.8 bn won new ... [full story]
Jun 17, 2008
Maritime Capital Partners pushes ahead with IPO
Singapore: Despite a rocky financial market that has led competitors such as Israeli liner company ZIM to put its $500m listing plans on hold, Mark ... [full story]
Jun 17, 2008
China turns petrol importer
Beijing: China's refinery production in May fell from a year ago for the first time in five years, helping turn the world's number-two consumer into ... [full story]
Jun 17, 2008
Sri Lanka Port Authority to develop land holdings
Colombo: The Sri Lanka Ports Authority (SLPA) is getting ready to make commercial use of its vast landholdings around the harbours in the island, some ... [full story]
Jun 17, 2008
Truckers' strike halts trade worth almost five billion dollars
Seoul: Export-dependent South Korea said Tuesday that a strike by container truck drivers in protest at soaring fuel prices has disrupted international trade worth almost ... [full story]
Jun 17, 2008
Samsung Heavy snaps up 10% of Brazilian shipyard
Seoul: South Korea's Samsung Heavy Industries Co. (010140.SE) Tuesday said it paid $22 million for a 10% stake in a Brazilian shipyard to be completed ... [full story]
Jun 17, 2008
Dry bulk market warned to belt up for a bumpy ride
Shanghai: Asian shipping shares surged back during Monday’s trading following the dramatic dive in stock prices at the end of last week. Both dry bulk ... [full story]
Jun 17, 2008
Sister joint ventures for Gulf Navigation and Stolt-Nielsen
Dubai: Gulf Navigation has entered into two 50/50 joint ventures with Stolt-Nielsen subsidiary, Stolt-Nielsen Indian Ocean and Middle East Service.  The first joint venture, Gulf ... [full story]
Jun 17, 2008
SIPG to issue 1.5bn yuan in medium-term bonds
Shanghai: Shanghai International Port (Group) Co Ltd said it plans to issue up to 1.5bn yuan in three-year bonds on the interbank market on June ... [full story]


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