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Container shipping, as it embraces slow steaming and larger vessels, is drawing closer to bulk trade in its reliance on competition through price, says Mike Garratt, managing director of UK-based TDS Multimodal consultancy.  Full story >>

Nigerian coastal shipping faces competition from a new railway that will traverse the country from east to west after transport minister Idris Umar signed a near-$12Bn deal with China yesterday.  Full story >>

The operator for the container terminal at Cameroon’s new deepwater port of Kribi is expected to be chosen by the end of the year.  Full story >>

Exmar’s decision to delay its US-listed Master Limited Partnership (MLP) is just the latest evidence of a pullback in investor demand for this public shipping model.  Full story >>

German container shipowner Rickmers Group has reassured investors that its refinancing talks are on a good way despite a downgrade of its corporate rating from B to CCC (‘substantial risks’) by German rating agency Creditreform early this week.  Full story >>

Carnival Corp has signed a memorandum of understanding with Italy’s Fincantieri to explore building cruise ships in China, the cruise major has confirmed.  Full story >>

Gichiri Ndua, managing director of Kenya Ports Authority (KPA), revealed that in the first 10 months of the year cargo volumes at the port of Mombasa grew by 8.3% to 15.8M tonnes.  Full story >>

Of the alternative fuels discussed for ships, methanol is one that has not received a huge amount of attention. That award goes to LNG, which gets lots of coverage.  Full story >>

Golden Ocean Group, the Oslo-listed dry bulk shipping company in John Fredriksen’s business empire, has reported a deeper-than-forecast 3Q14 loss but sees slight recovery in the present quarter.  Full story >>

APM Terminals has signed an MoU with the Ghanaian government to expand Tema port.  Full story >>

Yantai CIMC Raffles Offshore (CIMC Raffles) in China announced Wednesday that it received an order for a deepwater semi-submersible accommodation rig CR600 from C Helios.  Full story >>

Taiwan’s export orders for October hit a fresh record of $44.91Bn, up 13.4% year on year and 3.7% month on month, said its Ministry of Economic Affairs yesterday.  Full story >>

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