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  • Financial doubt could impact 50% sale of Korean shipbuilder
  • 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 acquires Belgian customs messaging company
  • 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……
  • Seaway workers near strike deadline
  • 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. ……
  • Container terminals get some breathing room
  • 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……
  • Vladivostok port receives four container cranes
  • 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……
  • Banks Begin to Charge Service Fees in China
  • 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 Region Aims High in Aluminum Industry
  • 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 to beat H1 profit target
  • 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……
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