The sale of a 50 percent stake in South Korea's Daewoo Shipbuilding and Marine Engineering Co. is being hindered by collapsing global markets, the Korea Herald reported Wednesday. ……
Descartes Systems Group, a global on-demand logistics software developer, has acquired Dexx, a Belgium-based European customs filing and logistics messaging provider. Dexx adds Eur……
Workers who operate Canadian locks on the St. Lawrence Seaway have authorized their union to strike on 72 hours' notice at any time after Oct. 10 if a new contract is not reached. ……
Drewry Shipping Consultants said its just-published annual review of global container ports finds the industry, which has worried for years about keeping up with demand, may have s……
The Russian Port of Vladivostok said Wednesday it has received new cargo handling equipment for the first time in 25 years. The new equipment includes two 50-ton capacity ship-to-s……
Most of the domestic Chinese banks are starting to charge service fees, the Yangtse Evening Post reports. From October 8, 2008, the Shanghai Pudong Development Bank will charge deb……
South China's Guangxi Zhuang Autonomous Region plans to turn its Bose City into an aluminum industrial base in the country or even in Asia by 2010, according to regional government……
Mitsui OSK Lines Ltd, operator of the world's biggest fleet of bulk carriers for shipping commodities, yesterday said that a weak yen, a fall in oil prices and strong freight rates……