SINGAPORE's embattled Pacific International Lines (PIL) has slipped out of the top 10 global liner rankings with further sales of its dwindling...
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ZIM moves up, PIL out of the top 10 liner list with shrinking fleet - PIL unloads another three box ships to stay afloat
SINGAPORE-BASED under pressure Pacific International Lines (PIL) continues to divest itself of tonnage to help pay bills
- SIA lends helping hand to WFP's troubled Covid air cargo network
SINGAPORE Airlines (SIA) Cargo has pledged to carry out freighter flights in support of the World Food Programme's (WFP) Covid-19 air cargo...
- Increased tonnage afloat will result in rate slide, says Alphaliner
SOME 313 containerships, or 1,555,959 TEU, remained laid-up as of July 20, representing 6
- PIL seeks lifeline from Temasek Investment to stay afloat
SINGAPORE-BASED Pacific International Lines is in talks with an arm of the Lion City's sovereign-wealth fund Temasek Holdings over a potential...
- Singapore's Tamasek makes US$3b takeover offer for offshore rig builder Keppel
SINGAPORE Government-owned Temasek Holdings has made a SGD4
- PSA names deputy chair as chairman replacing retiring Fock Siew Wah
SINGAPORE's global port operator PSA International (PSA) has announced that deputy chairman Peter Voser will take over as chairman, replacing...
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Canadian asset manager Brookfield is frontrunner to buy HNA's SwissportDEBT-LADEN Chinese conglomerate HNA Group Co is in advanced talks to sell its Swiss airport-cargo handler to a Canadian asset manager, according to...
- Singapore's Temasek to buy Hainan Airlines stake
DEBT-HEAVY Hainan Airlines Holding Singapore state investment company Temasek Holdings as part of a restructuring of HNA Group
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NOL 'too slow to and too small to adapt' to commoditising sector, admits CEOSINGAPORE's Neptune Orient Lines (NOL), whose principal holding was the container line APL, admitted it was unable to cut costs and adjust its...
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CMA CGM makes expected formal offer for all shares in Singapore's NOLFRENCH shipping giant CMA CGM has made an all-cash offer for all outstanding shares of Neptune Orient Lines Limited (NOL) other than those it already...
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OOCL cancels sailings in response to slack time after Chinese New YearHONG KONG's Orient Overseas Container Line has announced a number of sailing cancellations in response to expected low demand after Chinese New Year.
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Stifel Logistics Confidence Index hits record low at 45.4 pointsTHE Stifel Logistics Confidence Index with a score of 45.4 posted its lowest ever total amid a continuing pattern of decline.
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Mergers change fortunes of S'pore, Westports, but not much: analystWHILE there were be some changes to the fortunes to Singapore and Port Klang (Westports) brought about by expected CMA CGM-NOL merger, they are...
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CMA CGM wins over shareholders to buy loss-making NOL for US$2.4 billionFRENCH shipping giant CMA CGM has offered to buy Singapore's Neptune Orient Lines (NOL) for S$3.38 billion (US$2.4 billion), creating a container...
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France's CMA CGM secures bankers' backing for NOL takeover financingFRENCH shipping giant CMA CGM has obtained firm commitments from banks to finance the takeover of Singapore's Neptune Orient Lines (NOL), valued at...
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CMA CGM canvasses banks for financing its NOL takeover bidFRENCH shipping giant CMA CGM has approached banks to finance its potential takeover bid for Singapore's Neptune Orient Lines Ltd (NOL), reports...
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How China slowdown could spark a shipping M&A waveCHINA's economic slowdown, which has sent commodity prices tumbling and dealt a blow to global growth, could spark the biggest shipping union in...
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CMA CGM holds exclusive acquisition talks with Neptune Orient LinesSINGAPORE's Neptune Orient Lines (NOL) has confirmed that it is in exclusive talks with CMA CGM over the possible sale of the company to the French...
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NOL in 'preliminary' talks with Maersk and CMA CGM over possible takeoverNEPTUNE Orient Lines, NOL, controlled by Singapore's state investor Temasek Holdings, which has posted four years of consecutive losses, has...