Danzas Gets Stake In Finnish Logistics Group
Deutsche Post unit Danzas AG has acquired a 49 percent stake in Finnish logistics group Kelpo Keljetus Fi Oy, a wholly owned subsidiary of Finland Post Ltd., Danzas officials said.
Luka, Intereuropa Call Off Merger
Slovenian shipping firm Intereuropa and port operator Luka Koper canceled a planned merger because the government demanded the right to veto any management decisions in the new firm.
Finnish Ports Get Back To Normal As Strike Ends
Traffic at Finnish ports and on the road was returning to normal Monday after a five-day strike by around 10,000 Finnish transport workers ended late March 2, officials said.
South Australian Ports Sale Faces Political Storm
The South Australian government expects strong bidder interest in its planned $120 million sale of the state's main ports, but the privatization is facing a political storm.
Hvide CEO Hospitalized
Hvide Marine Inc. chairman and CEO Jean Fitzgerald has been hospitalized with a heart condition and was to undergo surgery Monday. Hvide, which provides marine support and transportation services…
P&O Plans Associated Bulk Carriers IPO
An initial public offering of Associated Bulk Carriers on the Oslo stock exchange is expected to take place later this year, Peninsular and Oriental Steam Navigation Co. officials said.
French Government, TotalFina Targeted In Erika Protest
Thousands of protesters from western France marched through Paris on April 1 to demand tighter shipping laws in the wake of the Erika oil tanker spill, which devastated parts of their region.
Planned Tanker Ban Could Put European Oil Supply At Risk
European plans drawn up in the wake of the Erika accident to crack down on aging tankers could endanger shippers' ability to supply oil to the continent, shipping analysts said.
