Todays Shipping News..

Boat Asia draws exhibitors aiming at high-end consumers25/04/08
LIKE bees to a honeypot, Boat Asia has attracted a slew of purveyors of the high life who are all exhibiting at the show in the hope of gaining a slice of the high net worth pie.

Ship orders may plunge 50%: Lloyd's25/04/08
(HONG KONG) Global ship orders may plunge more than half this year after optimism about world trade and China's need for raw materials caused a surge in demand in 2007, according to Lloyd's Register Group.

Deutsche Bahn mulling takeover of TUI, says report25/04/08
(FRANKFURT) German state-owned railway Deutsche Bahn is considering buying travel and shipping group TUI AG to merge the Hapag-Lloyd container shipping unit with its logistics unit, the Financial Times Deutschland reported yesterday.

source: the bussiness times weekend