CGM heads bidders list for ANL FRENCH shipping line Compagnie Generale Maritime has been selected by the Australian government as the preferred bidder for Australian National Line's liner shipping business.
'Jahre Viking' sale falls through JOHN Fredriksen's purchase of the world's largest tanker Jahre Viking (pictured) from Mercur Tankers has fallen through, writes Tony Gray.
UK firm leading in 2000 compliance UK MARINE electronics specialist Kelvin Hughes appears to have taken an industry lead by confirming year 2000 compliance for a whole range of existing as well as new bridge equipment.
Keizo Obuchi Japan's ruling Liberal Democrat Party leader Keizo Obuchi (left) speaks with outgoing prime minister Ryutaro Hashimoto in Tokyo. Parliament formally named Obuchi as new prime minister yesterday after a delay of some hours caused by a symbolic show of force by the opposition.
UK to draw up national ports safety standard A NEW national safety standard for ports is to be drawn up by the UK Department of the Environment, Transport and the Regions following a review of the 1987 Pilotage Act.
Hyundai buys 'Superstar Sagittarius' HYUNDAI Merchant Marine has acquired a passengership from Singapore's Star Cruises for its embryo cruise business linking North and South Korea.
6,000 teu fleet joins North Atlantic run NORTH American ports are to begin handling 6,000 teu containerships on a regular basis.
Blyth added to OOCL Scan-Baltic service PORT of Blyth in northeast England has been slotted into Orient Overseas Container Line's Scan-Baltic service in place of Thamesport, writes Janet Porter.
Kandla port chairman transferred FOLLOWING the controversy surrounding the cyclone that struck Kandla, its port chairman has been transferred to take up a position at Chennai..
Scandinavian ferry firms unveil 1999 plans TWO Scandinavian ferry companies have unveiled alterations in their sailing schedules for 1999.
RCCL ponders ship sale ROYAL Caribbean Cruises Ltd (RCCL), the US-Norwegian cruise company, is considering a sale of its oldest ship.
Cosco looks for Naples partnership CHINESE carrier Cosco is interested in forming a partnership with local operators in Naples to run the new container facility at the Darsena di Levante.
Barone takes over Topfin MODENA-based Barone Group has taken over the full equity in Topfin, the financial holding which controls Italiana Coke, the dry bulk terminal operator.
Floods hit Chinese services SEVERE flooding in China has caused the suspension and curtailment of ferry and barge services.
Hong Kong shippers angry at TSA THE Hong Kong Shippers Council (HKSC) has reacted angrily to plans by member lines of the Transpacific Stabilisation Agreement (TSA) to increase its peak-season surcharge.
NCLH launches US road show THE Oslo-based cruise shipping company NCL Holding (NCLH) has launched a road show targeted at investors in the US, prior to going public on the western side of the Atlantic.
China's lpg storage operators face bleak future ALTHOUGH China's lpg imports are expected to rise substantially in the next five years, the country's floating-storage operators will face difficult times, according to an industry official.
Cosco confirms end to Sinotrans merger deal COSCO has confirmed that the planned merger with China National Foreign Trade Transportation (Sinotrans) has been put on hold.
Earthquake hits near Valparaiso AN earthquake struck Chile near the ports of Valparaiso and San Antonio at 0314 hours local time yesterday morning, temporarily shutting the port at Valparaiso
Gordon battle spreads to parliament THE battle over leadership of Subic Bay freeport zone has spread to the Philippine House of Representatives.
Shenzhen throughput soars SHENZHEN port handled 782,000 teu in the first half of this year, up 66.2 per cent on the same period last year.
Tevecon to invest $110m in Paranagua TEVECON, the private Brazilian group that won the auction to develop the car and container terminal at Paranagua, has announced that it will invest $110m in the next four years.
Petrobras in $1bn order move BRAZILIAN oil giant Petrobras intends to place $1bn worth of orders with local yards.
Owners dragged into MUA dispute AN increasingly hostile dispute between Australia's competition authority and the Maritime Union has widened to include foreign shipowners.
Greek report blames Iraklis and Hellenic THE report of the inquiry into the sinking of the Greek flag cement carrier Dystos in 1996 has attributed responsibility for the accident to both the vessel's owner and the Hellenic Register.
Union Shipping up for sale BRIERLEY Investments (BIL) has indicated that veteran Trans-Tasman line Union Shipping, is among a number of 'under performing investments' likely to be sold.
Colombo to impose pollution levy SRI Lanka will introduce laws to impose a levy on ships calling at Colombo to help pay for cleaning up oil spills and for the establishment of a waste reception facility in the port.
"Les économies d'échelle, c'est ce qui est le plus important" Dans quelques jours, Volvo Trucks dévoilera le FM, appelé à remplacer les FL7, FL10 et FL12. A l'occasion de la présentation à la presse de ces nouveaux camions de distribution lourde, nous avons pu interviewer en exclusivité Karl Erling Trogen, président de la branche camions du groupe suédois. Il a levé le voile sur certains aspects encore inconnus de la politique de globalisation du constructeur. Il nous a entre autres révélé que le futur camion de distribution mi-lourde devant remplacer d'ici quelques années le FL6 sera basé sur une plate-forme développée conjointement avec Mitsubishi et que le maître d'oeuvre du côté suédois n'est pas scandinave, mais Belge.
SCL: prêt pour les prochaines étapes... Lors de la dernière étape de la concentration qui a eu lieu entre CMBT et Safmarine, qui s 'est traduite par la naissance de l'armement SCL (Safmarine-CMBT Lines), le partenaire africain avait acquis une participation de 75%. Il avait été convenu qu'il pourrait à terme reprendre les 25% du groupe CMB. La transaction s'est donc faite plut tôt que prévu, manifestement sous la pression des circonstances qui caractérisent aujourd'hui l'évolution du liner. Un responsable de Safmarine & Rennies Holdings Ltd a officiellement admis que son groupe avait payé 55 millions de dollars, soit un peu plus de 2 milliards de BEF, pour cette participation. La transaction porte également sur les 51% détenus par CMB dans CMBT Investments.
CGM, AUSCAN set sail with ANL The federal government announced yesterday it had selected preferred bidders for ANL Ltd's two shipping divisions. The major French based international shipping company CGM has been selected as the preferred bidder for the liner shipping division, while the bulk trades will go to AUSCAN.
Unions at war with each other THE Australian Institute of Marine & Power Engineers was yesterday embroiled in a bitter dispute with the Maritime Union of Australia (MUA) over the use of alleged scab labour aboard the Rig Seismic. The row came as the dispute between the Australian Institute of Marine & Power Engineers and the Australian Maritime Safety Authority boiled over. The row has been provoked by the apparent decision of MUA and the Australian Maritime Officers Union (AMOU) members to sail aboard the Rig Seismic with New Zealand engineers on board, considered to be scabs by the Institute. The vessel is now working in New Zealand waters.
Creditors take the Fifth Meetings of creditors of the four Patrick labor hire companies were adjourned for the fifth time yesterday, leading to speculation that the entire deal might now unravel. Immediately after the adjournment, the national secretary of the Maritime Union of Australia, John Coombs, blamed the Minister for Workplace Relations, Peter Reith, for the situation. Mr Coombs said the "dead hand" of the Minister had intervened to stall agreement over the content of documents to end the waterfront dispute. He said agreement on the documentation had been close several times but thwarted by Mr Reith's intervention.
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