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  • Fishing boats set off from Shipu port for fishing on September 16, 2015 in Ningbo, China. Thousands of fishing boats set sail for fishing after three and a half months fishing ban in the East China Sea.

    Fishermen are paying the price as Asia's superpowers vie for control of the resource-rich waters and islands of the East China Sea.

  • SYDNEY, May 19- Brazilian miner Vale has had a minor acid leak at its Goro nickel operations in New Caledonia, the government of the French Pacific territory said, two years after a large chemical discharge at the same site sparked violent protests. Vale spokesperson Cory McPhee confirmed the leak at the company's port facility but said that production had not...

  • *Tanker could end up in Latin America- traders. LONDON, April 28- Trading house Trafigura is shipping a rare cargo of gasoline from China to the United States, as the recent weakening of the Asian market after months of stock builds opens up new routes. The tanker Dalmacija is currently sailing across the Pacific Ocean after loading a part cargo at the port of...

  • SINGAPORE, April 25- Falling Iraqi oil exports have eased a huge traffic jam of tankers waiting to load crude at the Iraqi port of Basra, with queuing times falling by about a third this month, shipping data showed. Iraq typically cuts Basra exports whenever there is a backlog of ships waiting to load. Delays to load Basra heavy crude have fallen to an average of 11-12...

  • JAKARTA, April 20- Authorities from at least two Indonesian coal ports have stopped allowing vessels to leave for the Philippines due to security concerns following a spate of ship hijackings in the southern Philippines, a government official said on Wednesday. Departure permits for the Philippines were no longer available for shipping vessels at the Port...

  • GWADAR, Pakistan, April 12- The newly expanded Gwadar deep-water port in Pakistan that is key to a planned $46 billion Chinese economic corridor is nearly complete and expects to process about a million tons of cargo next year, the operator said on Tuesday. Most of the cargo will be incoming construction materials to be used in projects related to the China...

  • ATHENS, April 8- Greece sealed the sale of Piraeus Port Authority to China COSCO Shipping Corporation on Friday, while striking dockworkers protested against what will be the country's second major privatisation since late last year. The sale of Greece's biggest port had been halted by the leftist government of Alexis Tsipras when it won elections in January...

  • ATHENS, April 8- Greece is to sell its biggest port Piraeus Port Authority to shipping group China COSCO Shipping Corporation, marking the second major privatization for the country since late last year. The port sale had been halted by the leftist government of Alexis Tsipras when it won elections in January last year but it was resumed under Greece's 86...

  • MOSCOW, March 30- When Vladimir Putin announced the withdrawal of most of Russia's military contingent from Syria there was an expectation that the Yauza, a Russian naval icebreaker and one of the mission's main supply vessels, would return home to its Arctic Ocean port. Instead, three days after Putin's March 14 declaration, the Yauza, part of the "Syrian Express",...

  • MOSCOW, March 30- When Vladimir Putin announced the withdrawal of most of Russia's military contingent from Syria there was an expectation that the Yauza, a Russian naval icebreaker and one of the mission's main supply vessels, would return home to its Arctic Ocean port. Instead, three days after Putin's March 14 declaration, the Yauza, part of the "Syrian Express",...

  • SYDNEY, March 15- Australia's Qube Holdings Ltd said it has joined Canada's Brookfield Asset Management Inc and international partners to make a A $9.1 billion bid for ports and rail freight company Asciano Ltd.. The freight handler said in a statement on Tuesday it had terminated a previous stand-alone bid and replaced it with a joint offer with Brookfield...

  • SYDNEY, March 15- Shares of Australian port operator Qube Holdings Ltd and Asciano Ltd were suspended on Tuesday, after Qube said it would soon make a "significant" announcement about an acquisition following after a months-long bid against Canada's Brookfield Asset Management Inc to buy Asciano. But on Feb. 24 Qube said it wanted to end the bidding war with...

  • SYDNEY, March 10- Australia passed legislation on Thursday to enable the longterm lease of its largest shipping container terminal, the Port of Melbourne, freeing up privatisation plans to move ahead after months of political headwinds. Investors from China to Qatar are flocking to Australian infrastructure because it is seen as well-regulated and...

  • *Yemen depends on imports of food by sea. LONDON/ ABU DHABI, March 4- Banks have cut credit lines for traders shipping food to war-torn Yemen, where ports have been battlegrounds and the financial system is grinding to a halt, choking vital supplies to an impoverished country that could face famine. "Western international banks no longer feel comfortable...

  • LONDON, Feb 29- Oman aims to expand shipping and trade links with Iran and get ahead of rivals after the lifting of international sanctions on Tehran, leading port officials involved say. The United Arab Emirates previously enjoyed greater shipping activity with Iran but Oman's nearby Sohar port is looking at expanding ties. Oman could also benefit from a spat...

  • ISTANBUL, Feb 23- Kurdistan's oil exports to world markets are set to be suspended for a second week running, a shipping source said, a move that will deprive Iraq's semi-autonomous region of its main revenue stream as the security situation in southeast Turkey worsens. The pipeline to the Turkish port of Ceyhan from fields in Iraq's north, which carries around...

  • TOKYO, Feb 23- Japan will likely refrain from loading oil at Iranian ports in March because of the impending expiry at the end of next month of special shipping insurance cover provided by the government, industry and government officials said. Japan has kept the oil trade with Iran going through a special government insurance programme that gives about $8...

  • *Brookfield to offer A $9.05 bln in cash vs Qube's A $9 bln. *Brookfield to bring on Qatar, Canada funds. Asciano, owner of Australia's largest rail freight network with ports in every state, on Tuesday formally dumped a stand-alone bid from Brookfield worth A $8.9 billion in favour of a A $9 billion offer from Australian port company Qube Holdings Ltd..

  • UNITED NATIONS, Feb 9- A U.N.-blacklisted North Korean shipping company continues to evade sanctions through its use of foreign-flagged ships, name changes and other means of obfuscation, according to a new report by United Nations monitors. The U.N. Security Council's Panel of Experts on North Korea, which monitors implementation of sanctions on Pyongyang,...

  • ATHENS/ SHANGHAI, Feb 5- China's COSCO is expected to make an offer for Greece's rail network after becoming the sole bidder for the country's largest port, two people familiar with the matter said, as the state owned shipping giant forges ahead with a plan to build a European transhipment hub. Bolstered by December's merger with China Shipping Group, COSCO's...