Showing 1 - 6 of 6
Japan shippers merge container units
AFP, Published on 31/10/2016
» TOKYO - Shares in three Japanese shipping firms soared on Monday on news that they are merging container businesses with combined annual revenues of about US$19 billion to counter an industry downturn.
CMA CGM to buy Neptune Orient Lines for B87bn
Bloomberg News, Published on 07/12/2015
» SINGAPORE -- CMA CGM SA, the world’s No.3 container-shipping company by capacity, offered to buy Singapore’s Neptune Orient Lines Ltd for S$3.4 billion (86.9 billion baht) in cash to help strengthen its operations on routes to the US and within Asia.
Asian business sentiment falls
Business, Reuters, Published on 24/09/2015
» TOKYO: Sentiment at Asia's biggest firms tumbled in the third quarter at record pace due to growing worries about the economic slowdown in China and the risks it poses to the global outlook, a Thomson Reuters/INSEAD survey showed.
Troubled waters
Asia focus, Nareerat Wiriyapong, Published on 20/04/2015
» The shipping industry is supposed to be one of the beneficiaries of the collapse in global oil price as operators' costs have fallen. As well, the drop on oil prices has triggered a decline in commodity prices, which should stimulate demand for sea transport.
Asahi Kasei in $3.2bn expansion deal
Bloomberg News, Published on 23/02/2015
» A Japanese chemicals and fibre maker with extensive operations in Thailand has agreed to acquire Polypore International Inc to expand its battery business and boost capacity overseas.
Asian shares rally following Dow gains
AFP, Published on 15/07/2014
» HONG KONG — Asian shares mostly rose on Tuesday, taking their lead from a second straight advance on Wall Street, while investors await a string of market-moving news and data over the next few days.