- OOCL to join major lines in another new alliance
Hapag-Lloyd, NYK, OOCL, P&O Nedlloyd and MISC join forces
- Cosco (S) in bareboat charter deal
- Sydney Ports Corp turns in healthy results, throughput hits record
- P Klang can be world's 5th largest: Ling
- Adtranz expects its share of Asia-Pacific market to double
Rail specialist to set up corporate centre in S'pore to prepare for regional growth
- Asian-Pac carriers to act against unruly passengers
- Shanghai launches road courtesy campaign
- El Al returns to the black with tripling of 3rd-qtr net income
- EgyptAir to slash domestic fares by half to boost tourism
- Airship to make its return
The German-led CargoLifter group plans to revive the airship as a heavy-freight carrier in a 240m-mark venture
- Global expansion for Hanjin
- China province to move up trade volumes
- Loan granted for Xiamen Port
- P&O Ports enter the Mediterranean market
- OOCL names ship in Japan
- Integration of forwarders'on the cards
- Emons lifts income
- Nepal-Bahrain sign air deal
- Two Korean airlines expected to bear huge deficits
- Beijing and Kuala Lumpur to strengthen ties
- Trio saved from burning pot boat
- Barges bring record box count to Portland
- Corps testing Bonneville bedrock for fish transportation flume
- Cannery event nets cash for B.C. maritime centers
- Boeing puts out for sale sign for Snohomish County property
- Five container lines build alliance of over 100 ships
- University survey lists 3rd party logistics users
- Coppersmith named World Trade Week chair
- Kvaerner Wins $187.7M Ship Contracts
Kvaerner ASAs Finnish unit Masa Yards has won contacts
worth $187.7 million from German and Dutch companies.The Oslo
bourse reported the first contract was with Germanys
Hapag-Lloyd AG for a cruise ship to be delivered in 1999.
The second contract is for two ice-breakers for Dutch shipyard
Wagenborg Shipping for delivery in autumn 1998.
- Concordia To Order Oil Carriers
Concordia Maritime AB plans to order three to five large new oil
carriers next year for approximately $323.3 million, Swedish
daily business newspaper Dagens Industri reported on November 27.
Concordia, whose fleet is currently 20-25 years old, has always
bought previously owned vessels.
Concordia plans to order VLCC and Aframax vessels from a shipyard
in the Far East with delivery to start in the year 2002. The new
vessels will replace Concordias older ships, which the
company hopes to sell for use as floating oil reservoirs.
The paper said the new order would be jointly made by Concordia
and one or more other oil companies.
- Jurong wins Petrobras tankers conversion contract
- New recruits for Grand Alliance
HONG Kong's Orient Overseas Container Line and Malaysia International Shipping Corp finally confirmed yesterday they will switch from the Global to the Grand Alliance early next year.
- India row on lightering
INDIAN shipowners have alleged that the terms of a tender floated by the public sector oil giant Indian Oil Corporation for lighterage operations at Vadinar and Sagar ports, favour foreign shipping lines.
- CalMac fares attacked
UK state-owned ferry company Caledonian MacBrayne is under pressure to reduce fares on its main Scottish islands route following protests from the road haulage undustry.
- OECD acts on liner competition
MARITIME nations are being urged by the OECD to initiate measures which will reduce conflicts in the regulation of competition in the world's liner trades.
- Clyde Marine levy plan to boost trainees
A SCHEME to tackle the shortage of training places for UK officers and ratings by the use of a training levy on its own customers is to be implemented by Glasgow-based Clyde Marine Recruitment. The scheme will make available 24 British cadets for the industry.
- Terminal coke dome set for LA go-ahead
A PLAN to build a dome-covered shelter in which to store petroleum coke awaiting export at the new LAXT terminal in the Port of Los Angeles is expected to be approved tomorrow by the company's board of directors.
- 42-day tow
Hamburg-based Fairplay Schleppdampfschiffs-Reederei Richard Borchard's tug Fairplay XIV has towed a 60 m long supply boat hull from Singapore's President Marine to Great Yarmouth. After completing the 42-day tow the Antigua-flag Fairplay XIV proceeded to Bremerhaven for an overhall by Rickmers Lloyd Dockbetrieb
- Expert claims Estonia 'never repaired'
NONE of the owners of the vessel which became the ill-fated Estonia made adequate repairs to the bow visor hinges and locks, despite repeated requests to do so.
- MSC boosts Australia-Asia service
MEDITERRANEAN Shipping Co is to boost its fortnightly Australia-Asia service to a weekly run by doubling the number of vessels deployed.
- Asean chairman keeps faith in the region
GOON Kok Loon, chairman of the Asean Ports Association, said today that no-one should lose faith in the Asean markets despite the recent currency turmoil.
- Cargill buys into Alberta grain terminal
CARGILL is buying a 50 per cent share of the Alberta Wheat Pool grain export terminal in the port of Vancouver.
- Lloyd's Names allegations thrown out
A High Court judge today rejected as "abuse of process" a last minute move by former Lloyd's Names to allege bad faith against Lloyd's' Equitas repayment scheme.
- Europa order goes to Kvaerner Masa
HAPAG-Lloyd has announced that the order for a cruiseship replacement for its Europa has been awarded to Kvaerner Masa-Yards in Finland.
- Cosco seeks stake in Australian rail link
COSCO wants to be a stakeholder in Australia's proposed landbridge linking Darwin with Adelaide.
- Incat promotes giant commercial catamarans
AUSTRALIAN fast ferry builder Incat has proposed the construction of the largest and fastest catamaran for the US defence department.
- Stowaways found dead in Chinese ship
FOUR stowaways were discovered dead in the hold of a Chinese flag ship yesterday.
- Malaysia to build hub port in Sri Lanka
MALAYSIA'S Johor Port Berhad has proposed building a new container transhipment port at Galle in southern Sri Lanka.
- Brussels rules on Greek registration
THE European Court has ruled against a restriction contained in the Greek law whereby only those ships owned 50 per cent or more by Greek citizens can be entered in the national register.
- Crewmen taken off listing MSC vessel
ALL 32 crewmembers of the 20,418 gt multipurpose vessel MSC Rosa M were rescued yesterday when the ship developed a 40 degree list to starboard.
- Five lines form new containership alliance
FIVE liner operators have set up a new containership alliance that claims to be the largest such strategic grouping in the world.
- LA pilots end strike
THE Los Angeles port pilots union has ratified a new four-year agreement with the City of Los Angeles, and will return to work during the next two weeks.
- Ocean Group va prendrele contrôle d'Intexo
Le groupe britannique Ocean Group a l'intention d'acquérir une participation majoritaire dans Intexo. Les négociations entre Ocean et Van Ommeren (qui détient 49% des actions) sont en cours. Le management d'Intexo, qui détient les 51% restants, vendra également une partie de ses actifs, de sorte que Ocean détiendra 67% d'Intexo. Si tout va bien, Intexo fera partie d'Ocean Group à partir de 1998. Intexo obtiendra de la sorte une dimension européenne, tandis qu'Ocean Group ajoutera une prestation de service logistique spécialisée à sa gamme de services en Europe.
- Mory devrait passer aux mains de NatWest et de Morgan Grenfell
Le groupe français de "messagerie industrielle" Mory (aujourd'hui Mory Team) va vraisemblablement passer bientôt sous le contrôle d'une entente financière anglo-néerlandaise constituée de National Westminster (NatWest) pour 60% et de Morgan Grenfell pour 40%. Mory occupe, dans son secteur, la première place au sein des sociétés privées. L'offre de reprise a été déposée il y a deux mois déjà, mais pour des raisons purement administratives, la conclusion de l'affaire reste soumise au feu vert des autorités françaises.
- TRS remporte un important contrat russe
Tabaknatie Russie Services (TRS), filiale du groupe Tabaknatie, qui a reçu vendredi le certificat ISO 9002, a obtenu un important contrat en Russie. Pour le compte de Gilette, TRS assurera le transport entre Saint-Petersbourg et Moscou et l'entreposage dans la capitale russe d'articles de soins corporels. Gilette dispose dans le port de la Baltique d'un centre de production où sont fabriqués divers articles destinés au marché local. Le contrat de transport porte dans une première phase sur cinq à six poids lourds par semaine. A Moscou, les marchandises concernées sont stockées en magasin avant leur distribution ultérieure, soit par le client même, soit, sur demande, par TRS.
- New rail route to Powder River Basin emerging
- Dallas and Fort Worth do battle over airports
- Expert forecasts turnaround in tanker trade, for now
- Decline in stocks weighs on JofC index
- UP workers approve pact
- Former airline VP gets 18-month jail sentence
- Workers ratify Seaway contract
- Virginia transport secretary to rejoin Norfolk Southern
- Britain detains 20 ships in October
- Frontline extends hostile bid for ICB until end of week
- Crowley purchases 470 refrigerated containers
- STB approves building of connecting tracks by would-be Conrail purchasers
- Salvors struggle to stabilize the Carla in stormy Atlantic
- As of Jan. 1, Germany's Bremen and Bremerhaven port operating firm will operate with much more flexibility
- National stoppage Thursday
Cargo handling and shipping movements around the country will come to a standstill on Thursday while members of the Maritime Union of Australia hold their annual general meeting. As a result of the meeting, there will be no receival and delivery on the day shift.
- P&O, Shougang to merge bulk interests
P&O has agreed to merge its bulk shipping operations with the Shougang Group of China to create what it says is one of the top three bulk cargo carriers in the world. Subject to further discussions in early 1998, the two companies will pool their capesize vessels into a 50-50 joint venture partnership.
- Scully looks at NSW speed limits
NSW Roads Minister, Carl Scully, has asked the RTA to consult with the trucking industry, the NRMA and Transport Workers Union, on whether the 90 km/h differential speed limit on trucks should be scrapped.
- Higher charges for Sydney Airport
Sydney airport operators could be slugged with higher fees under planned changes to the aeronautical charging system by the Federal Airports Corporation. Barry Murphy, the managing director of the FAC, said the new charges would be introduced from July next year to end cross subsidies betweem services and ensure government result targets were met.