Neptune, TUI weigh options for a shipping merger

Article Abstract:

Germany's TUI AG and Neptune Orient Lines Ltd. of Singapore are in talks for a potential merger. If successful, the move would create the third-biggest container-shipping firm worldwide. Possible scenarios include a share swap with Neptune becoming part of Hapag-Lloyd, a TUI unit, and Neptune's parent, Temasek Holdings Private Ltd. investing in TUI.

Strategy & planning, Acquisitions & mergers, Planning, Germany, Mergers, acquisitions and divestments, Company acquisition/merger, Singapore, Company business planning, Neptune Orient Lines Ltd., TUI AG, NPTTY

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A cold-war plane lifts Ukrainians in cargo market

Article Abstract:

Antonov Design Bureau the Ukrainian state-owned company that specializes in outsize shipping is embroiled in a legal fray where its assets are being seized. A European company won a $43 million dispute against the Ukrainian government which the Ukraine refused to pay so state owned assets (in the form of two Ruslan airplanes) were seized.

Services information, Ukraine, Services, History, Political aspects, Company Profile, Antonov Design Bureau

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China Cosco's net falls 65%

Article Abstract:

China Cosco Holdings Co. of China posted a net profit fall by 65 percent for the first half to 978.1 million Yuan ($123.1 million) from 2.77 billion Yuan last year. Revenues at the ports operator were due to weak container-shipping prices and soaring fuel costs.

China, Sales, profits & dividends, Company sales and earnings, Company earnings/profit, Company overview

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