Most Asia-listed shipping companies 'cashed-up' and likely to make acquisitions in the next 2-3 years, says DnB Nor analysts.

Plans to expand bunker business; aims to become 'global leading marine fuel supplier'.

Proposes to sell its shares in Sino-Ocean Land Holdings to raise funds for acquisitions.

Largely due to a 'significant increase' in revenues from its shipping operation.

But sales in the first half of 2010 have surpassed total sales in 2005.

The state-owned firm benefits from 'competitive' bunker prices, company official says.

'Green-shipping will become a trend of our industry,' says Capt. Wei.

Sees recovery in 2010.

Bunker sales grow about 20% month-on-month.

Ship that damaged the Great Barrier Reef expected to arrive at the port on Thursday.