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NOL to form new global alliance with APL merger
National carrier's US$825m deal with APL clears final US regulatory hurdle
Los Angeles port to build major container terminal
An eye on future investment opportunities
MPA stands down spill clean-up
Several Asia-Pac airlines in talks with Star Alliance
Cathay Pacific and Singapore Airlines among those mentioned as potential partners
Cathay considers cutting fares
French truckers' strike: talks fail to settle dispute
Air Canada signs deal to buy 8 Airbus planes costing US$1b
British Airways considering no-frills airline, Ayling admits
Indian Airlines to lease two planes in bid to retain market share
Strike belies union weakness
Truckers' strike is hurting trade but it has not received wide support, say labour experts
Shipowner cannot claim one-month advance payment

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IM Interhavens lance une opération "feeder"en Europe
Bimodal: Wabash acquiert 25% d'ETZ
Routiers français: le dialogue prend une tournure positive
Le port d'Anvers évolue aussi dans les eaux britanniques

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Malaysia and Slovenia set to smoooth cargo
Report shows PPA's profits rise as business dives
All change for the Port of Le Havre's schedules
Nagasaki to see China flag again
Danang burgeons under Asean cultivation
Free trade zone gets more warehouses
Traffic will still flow on Yangtze
Star Alliance talks air freight
US and Japan resume talks
Philippine aviation industry cleans up act
Air cargo in Amsterdam hits high levels

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NOVEMBER 6, 1997

Hope of French settlement
Gentenaar buys P&O Tankmasters
Export damage nearly $ 10 million; passenger cars carry flowers
Limited road haulage damage
Differences do exist between French and Dutch employers
Italian rail strike imminent
Short sea sees promotional opportunity

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End of review paves way for close of APL merger
Termo King winning orders with chlorine-free reefer system
Maritrans inks improved profits in third quarter financial report
Airbus signs US Airways for 400 airplane contract
Train engineers join UP to solve safety problems

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Mitsui OSK set to launch North Atlantic box service
JAPAN'S Mitsui OSK Lines is to launch a transatlantic service early next year, partnering Singapore's Neptune Orient Lines after it completes the purchase of APL Limited.
US go-ahead for $825m takeover of American President
SINGAPORE'S state-owned carrier Neptune Orient Lines (NOL) has cleared all hurdles covering its acquisition of APL Limited and expects to close the transaction on November 12, at which time the Oakland-based firm will become a wholly-owned subsidiary.
Maritrans income soars
MARITRANS, the US-flag petroleum transport vessel owner-operator, sharply improved third quarter net income to $3.9m ($0.32 per share), up 160% on the 1996 quarter's $1.5m ($0.13) on revenues of $33.5m and $31.8m respectively.
Site earmarked for India box terminal
INDIA'S first transhipment terminal for containers could be set up at Vallarpadam Island, off the southern port of Kochi, formerly Cochin, writes Shirish Nadkarni, India Correspondent.
Confident Bergesen set for impressive full-year result
A THREEFOLD increase in Bergesen's third quarter profits has positioned the leading bulk shipping group for an impressive full year result.
Maritime issues raise record $1.2bn in Oslo
A RECORD $1.2bn has been raised so far this year by maritime issues on the Oslo Stock Exchange, writes Tony Gray.
French snub for duty-free drive
A LEADING French seafarers' union has condemned a demonstration in favour of duty-free sales called for next month in Brussels by a federation of European transport unions as an employers' "manipulation".
Brussels set for port policy compromise
THE European Commission green paper on port policy is likely to be based on a compromise between commissioners with differing ideological views, a Belgian port boss said yesterday.

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NOVEMBER 6, 1997

Italian truckers threaten to join French on strike
ITALIAN truckers are expected to join their French compatriots on strike at the end of this week unless last minute talks can avert the action from spreading.
Firmer rates help lift Bergesen earnings
FIRMER freight rates for big tankers and a strong dollar helped Bergesen shipping group to increase nine-month pretax profits by 30 per cent to Nkr 426m ($60m).
Two Scandinavian banking mergers in progress
NORDBANKEN of Sweden has announced a merger with Finland's Merita Bank, and two Finnish state banks are to be merged.
FSA to help Philippines get on White List
The Filipino Shipowners Association has signed a memo of agreement with the Maritime Industry Authority to help gain the Philippine's compliance with the STCW convention.
Myanmar's new container terminal to open on Sunday
THE new Myanmar International Terminals Thilawa (MITT), in which Hong Kong's Hutchison Port Holdings (HPH) has an 80 per cent stake, will officially open on Sunday.
China Merchants sells MTL stake to subsidiary
China Merchants Holdings International is to acquire the 20.3 per cent stake held by parent China Merchants (Holdings) in Modern Terminals in Hong Kong.
Cammell Laird preferred operator for Gibraltar
CAMMELL Laird has been chosen as the preferred operator for Gibraltar Shipyard.
Plans for $42m port in Western Australia
PLANS for a A$60m ($42m) private port have been unveiled by the Western Australian government to operate in competition with Fremantle.
Paul Gauguin's presentation cancelled
The Hamburg presentation of Hapag Lloyd Seetouristik's newbuilding cruise ship Paul Gauguin has been cancelled because of its late delivery by builders Chantiers de l'Atlantique.
No more handouts, Australian shipping told
AUSTRALIA'S maritime industry has been warned there will be no more government handouts, and industry leaders must either reform or face further decline.
Family breaks up Lorentzens Skibs
MEMBERS of the Norwegian Lorenzten family have agreed to break up the assets of Lorentzens Skibs, the family-owned shipping and property group.
Prudential joins queue for Cunard
PRUDENTIAL Corp's venture capital arm is holding talks with Kvaerner over Cunard.
St Lawrence Seaway on labour peace
The Canadian Seaway Authority is confident that a new contract offer it is finalising for its 730 unionised workers will end any chance of strikes before the season's end.
Subic Bay bid between ICTSI and RPSI
BATTLE for the winning bid for the Subic Bay container port has been trimmed down to ICTSI and RPSI - with a result expected on December 5.
Essar to order vlccs
ESSAR Shipping, the Mumbai-based subsidiary of the Indian transport group, is ready to place orders for four vlccs.
India 'will reject seafarers tax plea'
THE Indian government is expected to reject a proposal to exempt Indian seafarers from income tax.
Financial items lift Actinor's profit
FINANCIAL items contributed the lion's share of the 20 per cent profits rise to Nkr 101m ($14.2m) reported by Actinor Shipping for the first nine months.
L&T to sell shipping division
MUMBAI-based shipowner Larsen and Toubro (L&T) has decided to sell its shipping division, according to company sources.
Kvaerner confirms financing move
SHIPBUILDER Kvaerner has confirmed Fairplay's November 4 report that it is in talks with banks to raise additional finance by factoring some of its newbuilding orderbook.

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Trucker talks resume in France
German truckers resist the temptation to strike
Unions vociferous in opposing Conrail merger proposal
Switching sites a battleground for rail powers
Port Everglades gets the OK to acquire land for expansion
Triple Crown gets new president
Logistics company adds assembly service
NTSB releases data on Fine Air crash
Maersk, PSA Corp. to develop Chinese port
Suite life: Condo on a cruise ship
Regulatory and financial constraints may be key to Conrail deal's success
Asia yards see boon from currency dips
Port of Seattle steps into union-output issue

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New report debunks MUA 'denial', says Reith
Workplace Relations minister Peter Reith is using a new report, prepared by South Australian academic Dr Judith Sloane, to back his claim the MUA remains 'in denial' over the level of industrial disputation on the waterfront.
NRTC backs increase in mass limits
In its 'barebones' recommendations to next week's Australian Transport Council meeting of state and federal ministers the NRTC has recommended increased mass limits for the road transport industry, a national bridge improvement program and harsh penalties for overloading.
Westrail now on the block?
A Westrail-commissioned study has found there is merit in considering privatisation of the state government-owned rail system. Acting Westerail commissioner Wayne James revealed the findings at yesterday's opening sessions of the AustRAIL 97 conference in Melbourne.
ABS all-clear for NOL Amber
The containership NOL Amber has received the all-clear from classification society ABS following her weekend grounding in Torres Strait, and is continuing her Australian voyage in the AAX service.
Fall in PSCs follows AQIS cuts
Southbound conference lines will cut port service charges in Australian ports following reductions in AQIS container inspection fees - but will impose a $1/box administration fee, in line with forwarders and other industry service providers.
CASA overhaul dominates conference
Former federal transport minister John Sharp has stressed the need for further reforms at the Civil Aviation Safety Authority. Mr Sharp delivered an introductory address last night at the "Safe Skies" conference, which is expected to be dominated by CASA issues.

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BP junk bond deal suspended after market turbulence
The marketing of a USD 347m high-yield bond issue to finance four new VLCCs for BP Shipping has been suspended in the face of recent turbulence in the equity markets.
Navix views rate hikes with caution
Twenty or so years ago, Navix Line managing director Hirohiko Tanaka may have been tempted to order a few VLCCs to take advantage of high World Scale rates. But things have changed. He's in no big hurry to talk to yards, and would urge other shipowners to be just as cautious.
Swedish owner pulls plug on Indonesian shipyard
United Tankers of Sweden appears to have lost patience with the PT Kodja shipyard in Indonesia. United Tankers has had a long-delayed product tanker on order there, but has now moved the hull to a rival yard in Singapore to get the job done.
Sun sets on once-great tanker name
Troodos, a name once synonymous with the largest privately owned fleet of tankers in the world, will cease to exist in shipping by the end of this year.
Sumo duo weathers the storms
Simon Hume-Kendall and Michael Jolliffe have been partners for a long time.Despite some problems of late in their various shipping activities, their partnership appears to be an enduring one.