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<title>Shipping, transport company and industry news from the Financial Times</title>
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<pubDate>Fri, 25 May 2012 13:47:42 GMT</pubDate>
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<title>Frontline back in profit following rescue</title>
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<description>Oil tanker operator remains cautious despite recovery in rates from last year’s lossmaking levels and foresees continuing growth</description>
<pubDate>Fri, 25 May 2012 13:47:42 GMT</pubDate>
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<title>Difficult years force Green Reefers sale</title>
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<description>Chief executive blames winding up of refrigerated ships operator on the increasing use of container vessels to carry perishable products</description>
<pubDate>Tue, 22 May 2012 16:25:39 GMT</pubDate>
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<title>Maersk suffers heavy loss at container arm</title>
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<description>Settlement of tax dispute in Algeria and investment gains mask first-quarter decline as Danish group highlights problems facing sector</description>
<pubDate>Wed, 16 May 2012 18:43:38 GMT</pubDate>
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<title>Container shipping: boxed in</title>
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<description>After a brief rally, the industry’s downturn has resumed with a rash of gloomy updates and shipping lines have slowed their vessels to and from China</description>
<pubDate>Wed, 16 May 2012 17:59:02 GMT</pubDate>
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<title>Architect of the modern Maersk</title>
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<description>Death of Maersk McKinney-Møller, chief executive for 28 years, severs last connection between shipping group’s senior management and founding family</description>
<pubDate>Wed, 16 May 2012 14:39:43 GMT</pubDate>
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<title>Heavy NOL loss dashes recovery hopes</title>
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<description>Singapore’s container ship fleet operator announces a US$254m first-quarter net loss, dashing hopes a recent recovery in rates would improve profitability</description>
<pubDate>Wed, 09 May 2012 13:29:29 GMT</pubDate>
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<title>Shipping glut to persist, Braemar warns</title>
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<description>Company sees pre-tax profits fall 26% fuelled by losses in shipbroking division, where rates have been hit by a surplus of carriers</description>
<pubDate>Tue, 08 May 2012 19:48:30 GMT</pubDate>
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<title>German lenders cut exposure to shipping</title>
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<description>Rickmers chief says shipowners are turning to private equity, sovereign wealth funds and shipbuilding countries’ import-export banks</description>
<pubDate>Tue, 08 May 2012 19:28:30 GMT</pubDate>
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<title>Ships slow down in pirate waters to save fuel</title>
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<description>Maritime companies switch to relying on guards rather than speed for protection because one day at lower speeds can save $50,000 in fuel</description>
<pubDate>Mon, 07 May 2012 16:29:11 GMT</pubDate>
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<title>Fairstar says Dockwise breached takeover rules</title>
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<description>Hostile approach rejected at meeting, but larger rival claims to has acceptances from shareholders holding 54% equity</description>
<pubDate>Mon, 30 Apr 2012 16:28:22 GMT</pubDate>
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<title>Tycoon floats plan for Titanic replica</title>
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<description>One of Australia’s richest men commissions Chinese to build fleet of luxury cruise ships, including a ‘21st-century version’ of the Titanic</description>
<pubDate>Mon, 30 Apr 2012 14:48:15 GMT</pubDate>
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<title>Princess Yachts puts ex-naval dockyard to use</title>
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<description>Boatbuilder, part of French group LVMH, sets up shop at Plymouth’s former MoD facility as demand grows worldwide for luxury yachts</description>
<pubDate>Sun, 29 Apr 2012 18:40:49 GMT</pubDate>
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<title>Strong domestic growth supports UPS</title>
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<description>The parcel delivery group reported solid first-quarter revenue gains driven by a bump in US ecommerce but cautioned that Asia remained weak</description>
<pubDate>Thu, 26 Apr 2012 14:55:42 GMT</pubDate>
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<title>TomTom hit by €2m loss as market shrinks</title>
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<description>Dutch company suffers poor results as market for personal navigation devices shrinks due to smartphone competition</description>
<pubDate>Wed, 25 Apr 2012 08:35:25 GMT</pubDate>
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<title>Safety crackdown for cruise operators</title>
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<description>Comprehensive revamp of passenger ship safety will see access to ships’ bridges restricted and tighter monitoring of watertight doors</description>
<pubDate>Sun, 22 Apr 2012 14:09:55 GMT</pubDate>
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<title>Concordia salvage award expected</title>
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<description>Industry sources expect the joint venture of US-based Titan Salvage and Italy’s Micoperi to win the contract to float the cruise liner and tow it away</description>
<pubDate>Thu, 19 Apr 2012 21:10:59 GMT</pubDate>
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<title>Triton builds up chemical tanker fleet</title>
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<description>One of Europe’s most closely watched investment funds, with more than €4bn under management, has assembled a fleet of more than 100 vessels</description>
<pubDate>Tue, 10 Apr 2012 14:30:51 GMT</pubDate>
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<title>Maritime insurer warns over Iran ban</title>
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<description>Compensation system for victims of tanker pollution will be ‘undermined’ when EU sanctions bar insurers from honouring claims</description>
<pubDate>Sun, 08 Apr 2012 16:38:05 GMT</pubDate>
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<title>Torm investors face heavy stake dilution</title>
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<description>Oil product tanker operator reaches deal to offer a ‘significant equity stake’ to banks and the owners of its ships in return for concessions</description>
<pubDate>Wed, 04 Apr 2012 19:16:08 GMT</pubDate>
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