Battle to break French siege SPANISH ports geared up for a sharp increase in business with the UK yesterday as shippers cast around for methods of by-passing the French haulage strike.
Consortium lobbies to build new UK flagship THE prospect of building a new cruiseship to replace the Queen Elizabeth 2 as Britain's national flagship has been raised by a consortium which wanted to build a new royal yacht before that project was abandoned by the British government.
Australia port targets deadlock LAST Thursday's talks on waterfront issues between the federal government and the Maritime Union of Australia went well enough for both sides to issue a joint communique.
Safety now at top of agenda IN the absence of any move on productivity, the Australian government has begun pushing safety as a key problem.
Mosvold shares move to fund fleet expansion NORWEGIAN shipowning group Mosvold Shipping is set to expand its fleet of mid to late 1970s-built large crude carriers which it plans to finance through a private placement of shares which has raised $13m.
Early decision expected on Bengal Port A FINAL decision on the proposed Bengal Port is to be taken by early January, following the submission of a report on the Hooghly river hydrographic model by the Pune-based Central Water and Power Research Station (CWPRS).
MTL axes 375 jobs in cutbacks move HONG Kong terminal operator Modern Terminals Ltd (MTL) has fired some 375 employees in a retrenchment exercise.
Unicorn revamps coastal runs DURBAN-based shipping line Unicorn has integrated its South African coastal and its Mozambique services with a new vessel and port call configuration, writes Nicci Botha.
NSCSA orders box ships from Samsung THE National Shipping Co of Saudi Arabia has signed an agreement with Samsung Heavy Industries of South Korea for the purchase of three 4,400 teu vessels.
Trasmediterránea obtains World Trade Center share SPANISH ferry company Trasmediterránea has struck a preliminary agreement to acquire a share of Barcelona's World Trade Center.
ATI re-thinks Subic Bay terminal deal HIGH interest rates following Asia's financial crisis have prompted Manila-based Asian Terminals Inc (ATI) to express reservations about the Subic Bay container terminal project.
MOL profits upturn forecast MITSUI OSK Lines is expected to post a parent company profit of about six billion yen (US$50m) for the six months ended September 30, up 56 per cent from the same period last year.
Frontline has 79.7 per cent of LOFs FRONTLINE holds 79.74 per cent of the shares in London & Overseas Freighters (LOF) after the close of a recommended bid.
Cenargo interested in the UK/Channel Islands route UK shipping group Cenargo has confirmed that it is currently investigating a proposal to re-introduce a conventional passenger car ferry onto the UK/Channel Islands route.
Swan Reefer acquires Chacabuco SWAN Reefer, the Norwegian reefer shipping company which went public last summer, has acquired the 677,000 cu ft reefer Chacabuco for $22.75m.
Mosvold Shipping raises $13m through shares MOSVOLD Shipping, a Norwegian company which owns four turbine-driven vlccs, has raised Nkr 92.3m ($13m) through a placement of 7.1m shares at a price of Nkr 13 each.
Singamas to take stake in China container maker HONG Kong-based container manufacturer Singamas Container Holdings is to pay $3.52m for a 40 per cent stake in a China-based container maker.
Australian waterfront disputes down NEW Australian government figures show a significant reduction in industrial disputes in Australia's stevedoring industry.
Calcutta channel opened THE 15-km long, 1,000 foot wide Bedford channel, 150 km from Calcutta has been opened to shipping.
Ennore port at vanguard for corporatisation THE new port under construction at Ennore near Chennai is likely to be the first South Indian port to be corporatised.
World's largest container terminal for LA PORT of Los Angeles has announced it will build the world's largest container terminal on its Pier 400 development.
Avondale posts increased third quarter earnings AVONDALE Industries of New Orleans has reported a 23 per cent increase in profits for the third quarter.
Geogas sells lpg vessel GEOGAS, the Geneva-based but French controlled lpg operator, is reported to have sold the 1982-built, 6,000 m3 Jean Alleaume.
French truckers blockade ports and borders FRENCH truck drivers are blockading French ports and border crossings following stalemate in pay talks between employers and the truckers' union.
Canada talks tough on ISM CANADA will take a tough stance on enforcing the ISM Code next July.
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