Results for shipping: 530

The government said Thursday that it will speed up restructuring for troubled shipping companies by having them undergo full-scale self-rescue measures in return for fresh funds.

Qatari investment bank QInvest said on Tuesday it is setting up a $200 million fund with Fortis Bank Nederland to buy shipping assets, taking advantage of falling prices in the maritime sector.

UBS AG, a premier global financial services company, raised its shareholdings in China Shipping Container Lines Co (CSCL)<601866><2866> to 6.97% from the previous 4.5%, sources reported. According to statistics released by the Hong Kong Stock Exchange (HKEx), on Apr. 6, UBS bought...

China Shipping Development Co Ltd<600026><1138>, a subsidiary of China Shipping Group Co, announced today that it will team up with PetroChina Internationl Co Ltd (Chinaoil), an affiliate of China National Petroleum Corp (CNPC), to set up a JV for liquefied natural gas (LNG) transportation, sources...

SINGAPORE, Nov 21 - Ocean Tankers, Singapore oil trader Hin Leong's shipping arm, has taken delivery of a Very Large Crude Carrier (VLCC) at Shanghai Waigaoqiao Shipyard five months early, the first of an initial...

LONDON, Oct 14 - Commercial shipping companies are increasingly using private security firms to combat pirates off the coast of Somalia because foreign navies are restricted in what they can do to tackle piracy, security...

SINGAPORE, Sept 24 - A Neptune Orient Lines official said on Wednesday there was severe overcapacity in Asia-Europe routes and called on shipping firms to reduce their services and return some ships to charterers. "The...

WASHINGTON, Sept 10 - The United States sought to increase pressure on Iran over its nuclear program on Wednesday by imposing sanctions against its national maritime carrier and 18 affiliates, targeting much of its shipping...

KALGOORLIE, Australia, Aug 5 - Global miner BHP Billiton <BHP.AX> <BLT.L> on Wednesday declined comment on iron ore price negotiations with Asian steel makers, but said there had been no change to its iron ore...

* New European sulphur cap to take effect in July 2010 * Refiners slow to respond to gas oil demand hike * Legislation will reinforce arbitrage to Asia LONDON, July 24 - New regulations that...