Sea-Land wins China port deal SEA-LAND has won approval from the Chinese authorities to invest in and operate a container terminal in the northern Chinese port of Tianjin.
Hong Kong typhoon warning Hong Kong authorities issued safety warnings yesterday as Typhoon Babs approached the south China coast, Reuters reports.
Asia boost for International Shipholding BUCKING what appears to be a worldwide trend, New Orleans-based International Shipholding Corp has announced solid increases in earnings for the third quarter and the first nine months of this year, with increased Asian business fuelling the improvement.
EU summit EU Commission president,Jacques Santer; Belgian PM Jean Luc-Dehaene; UK PM Tony Blair; French President Jacques Chirac, and French PM Lionel Jospin on the steamerThalia in on Lake Woerthersee in Austria during an EU a summit.
Tianjin looks outside for investment THE port of Tianjin is built on the foundation of containers, coke and coal. For the container trade, the port has finally succeeded in bringing in a $29.2m investment from Sea-Land, to improve and operate the four berths constructed in 1993.
New purchase WISCHHAFEN-based Gido L'hrs has purchased a second mini-bulker from Hamburg's August Bolten.
Big is more beautiful than middle sized IT is not only the international stock markets which have suffered traumatic moments recently, although they have hogged much of the business headlines in national newspapers around the globe.
June S out of lay-up in the Fal Liberian bulk carrier June S (ex Nina S) has finally sailed from the River Fal in southwest England where she had been laid-up since May.
Melb to get $80m multi-purpose terminal The Melbourne Port Corporation has announced plans for an $80 million "rejuvenation" of the remaining commercial areas of Victoria Dock and will seek private investment for the proposal from Australia and overseas. The MPC envisages a multi-purpose terminal development downstream of the Western Link bridge, which could see the construction of up to two new wharves along the western side of the site. The existing 22/23 Victoria Dock would be upgraded to a heavy duty wharf, possibly with container gantry capacity, while 24 Victoria Dock would be widened. "The final development could include the proposed three or fourth berth facility, a back-up area of about 20 hectares, a new rail siding and road access," MPC spokesman Dale Bryce said on Friday.
'Sick' Sydney truckies give up Frustrated truck drivers were giving up on Sydney terminals on Friday with some trucking companies reporting a considerable increase in absenteeism. The director, commercial of the New South Wales Road Transport Association, Terry Dene, told DCN some operators reported the level of "sickies" by drivers at up to 25 per cent. This was allegedly because of the long hours which the drivers had to spend at the terminals to collect containers. "After 18 hour days, they have had enough," Mr Dene said. He said the situation at Botany was still not good and expected the Sydney Port Users Consultative Group to meet again shortly to discuss the situation.
Vilano caps off Columbus shuffle Seen in Australian waters for the first time last week, Hamburg Sud's 27,893 dwt chartered containership Cap Vilano is joining Columbus Line's Australia/New Zealand/Pacific Islands-North America west coast service. Columbus Line is reconfiguring its tonnage after the retirement of the Columbus New Zealand from the east coast service last month. Columbus Line's Australia/NZ-North America fleet now comprises (on the east coast): Columbus America, Columbus Australia, Columbus Canada, Columbus Canterbury and Columbus Olivos. The west coast fleet consists: Columbus Queensland, Columbus California, Columbus Victoria, and Cap Vilano.
Brisbane offers to help Sydney out Media comments attributed to representatives of the NSW Road Transport Association and FreightCorp have prompted Port of Brisbane Corporation chief Graham Mulligan to issue an invitation to affected companies. "I'd encourage any company that's having trouble moving their cargoes through Sydney to pick up the phone and talk to us about what is possible through Brisbane," he said. "The landbridging principle isn't pie in the sky. It's a legitimate intermodal strategy that will save shippers time and money, especially if their alternative is trying to run the gauntlet of Port Botany." The media comments demonstrated to Mr Mulligan that many Sydney customers were already paying too high a price to use Port Botany, and the imposition of a container surcharge would make the situation worse.
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