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<title>Shipping, transport company and industry news from the Financial Times</title>
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<pubDate>Mon, 27 Feb 2012 09:46:49 GMT</pubDate>
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<title>Maersk profits sink 33% on container woes</title>
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<description>Shipping and oil conglomerate warns of further sector losses in 2012 as it reports a profits dip despite a 7% rise in group revenues</description>
<pubDate>Mon, 27 Feb 2012 09:46:49 GMT</pubDate>
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<title>CMA CGM rescuer wants substantial changes</title>
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<description>Robert Yildirim of Turkey’s Yildirim Group says he has to protect his investment in the world’s third-largest container ship operator</description>
<pubDate>Mon, 27 Feb 2012 04:03:24 GMT</pubDate>
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<title>High fuel costs and overcapacity hit Nol</title>
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<description>Container shipping group posts a $478m net loss for 2011, and warns that financial performance ‘will remain weak’ if the negative conditions continue</description>
<pubDate>Wed, 22 Feb 2012 18:28:54 GMT</pubDate>
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<title>Lawyers confirm new trend among shipowners</title>
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<pubDate>Sun, 19 Feb 2012 18:07:51 GMT</pubDate>
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<title>Maersk Line to cut Asia to Europe capacity</title>
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<pubDate>Sun, 19 Feb 2012 16:34:26 GMT</pubDate>
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<title>India detains Italian marines over fishermen deaths</title>
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<pubDate>Sun, 19 Feb 2012 16:23:13 GMT</pubDate>
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<title>Frontline to steer conservative course</title>
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<description>Crude oil tanker fleet operator gives first indication of its future strategy since restructuring at the end of 2011, as it reports a $530m net loss</description>
<pubDate>Fri, 17 Feb 2012 18:33:02 GMT</pubDate>
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<title>TNT Express rejects €4.9bn UPS offer</title>
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<description>Dutch delivery company rejects €9 per share offer from US logistics group after facing pressure from shareholders</description>
<pubDate>Fri, 17 Feb 2012 16:42:47 GMT</pubDate>
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<title>OSG in move to raise $500m in capital</title>
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<description>Oil tanker operator files shelf registration allowing it to issue new securities days after it suspended dividend payments to maintain liquidity</description>
<pubDate>Tue, 14 Feb 2012 22:52:06 GMT</pubDate>
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<title>Hamburg to take biggest stake in Hapag-Lloyd</title>
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<description>German city is to become the largest shareholder in the container shipping line, as Tui completes its attempt to offload its volatile operations</description>
<pubDate>Tue, 14 Feb 2012 21:59:51 GMT</pubDate>
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<title>BW Maritime chief warns against big orders</title>
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<description>Andreas Sohmen-Pao says his Singapore-based company’s ‘strong preference’ is to buy existing ships when the tanker market is oversupplied</description>
<pubDate>Mon, 13 Feb 2012 21:04:15 GMT</pubDate>
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<title>Fredriksen defies market glut with tankers strategy</title>
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<description>John Fredriksen plans to invest in giant new ships in spite of market conditions that have forced rivals into or close to bankruptcy</description>
<pubDate>Sun, 12 Feb 2012 21:36:01 GMT</pubDate>
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<title>Somali pirates spawn lucrative security trade</title>
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<description>Many ships now employ private security companies as protection and this fledgling industry pulls in $52.2m a month from an estimated 1,500 escorted journeys</description>
<pubDate>Wed, 08 Feb 2012 17:28:48 GMT</pubDate>
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<title>Somali piracy costs $7bn despite hijacks fall</title>
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<description>Research finds more ships were attacked in 2011 than in 2010, but there were fewer successful hijacks as shipowners spent more on prevention</description>
<pubDate>Wed, 08 Feb 2012 15:21:32 GMT</pubDate>
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<title>Giant new ships test limits of risk and reward</title>
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<description>The Costa Concordia and the less-known Ponta de Madeira incident have prompted disquiet over maritime industry’s pursuit of scale efficiencies</description>
<pubDate>Sun, 05 Feb 2012 18:23:57 GMT</pubDate>
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<title>New ferry route casts doubt on Eurotunnel plan</title>
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<description>Plans by Denmark’s DFDS to launch a new service pose questions for the rail operator’s plan for a separate cross-Channel ferry operation</description>
<pubDate>Fri, 03 Feb 2012 17:06:56 GMT</pubDate>
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<title>China blocks Vale’s large iron ore carriers</title>
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<description>China has tightened restrictions on all large vessels, dealing a blow to the aspirations of Brazilian iron ore miner Vale with its Valemax fleet</description>
<pubDate>Tue, 31 Jan 2012 20:18:58 GMT</pubDate>
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<title>UPS hit by pension accounting change</title>
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<description>Global package delivery company reported strong underlying results for the fourth quarter before charge for switch</description>
<pubDate>Tue, 31 Jan 2012 13:52:14 GMT</pubDate>
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<title>DP World surprises amid gloomy industry</title>
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<description>Container terminal operator expects strong growth to continue in 2012 despite gloomy tone expected from container shipping lines this results season</description>
<pubDate>Tue, 31 Jan 2012 10:58:36 GMT</pubDate>
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<title>Hanjin suffers after container shipping slump</title>
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<description>Shares rise more than 7% as Korean group’s overall net loss of $730m proves to be not as significant as investors had feared</description>
<pubDate>Mon, 30 Jan 2012 17:15:13 GMT</pubDate>
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