Seascope trims float expectation LONDON-based shipbroker and marine specialist Seascope Shipping Holdings, which has announced plans to join the London Stock Exchange on November 27, has cut the amount of cash it expects to raise from '4m ($6.4m) to '2.5m.
PLA presses ahead with new pilot rules THE new Port of London Authority (PLA) pilotage regime looks set to be approved on December 2, despite calls for its implementation to be delayed until later next year.
'Green Opal' salving delayed by India customs duty claim SALVAGE work on the sunken South Korean bulk carrier Green Opal has been delayed because Indian customs is claiming $2m in import duty on equipment temporarily brought in to raise the vessel from the River Hooghly, near Calcutta.
US suspends penalties on Japanese carriers THE US Federal Maritime Commission has stopped assessing fines against Japanese ships, citing "significant" progress by government negotiators to reform port practices in Japan, Reuters reports.
Philippines urged to pass STCW law THE Philippines' manning industry is making a last ditch effort to push Congress into passing a Bill on seafarer certification which is necessary for the country to comply with the revised Standards of Training, Certification and Watchkeeping (STCW) convention.
Hakodate concludes pact with two unions HAKODATE Dock, the financially troubled Tokyo-based shipbuilder, has finally reached agreement with two labour unions after six months of negotiations on a rationalisation programme involving redundancies and pay cuts.
Caribbean urged to back ISM Code CARIBBEAN countries which have large fleets flying their flags, such as the Bahamas, St Vincent and Antigua, have been urged to become more 'proactive' in ensuring that vessel owners adhere to the provisions of the International Safety Management (ISM) Code in time to meet the deadline of July 1, 1998.
Call to speed up on port state control MORE Caribbean countries must move quickly to accept the Memorandum of Understanding (MoU) on port state control if substandard ships are to be progressively eliminated from the region, says Valerie Brown, head of the Barbados-based PSC secretariat, writes David Renwick, Port of Spain.
Frisian Shipyard at centre of bid battle TROUBLED Dutch shipbuilder Frisian Shipyard Welgelegen has attracted keen interest from two local companies.
Master suspended after grounding THE master of a coaster which struck rocks off the west coast of Scotland last year has had his master's ticket suspended for one year by a court in Inverness.
Crane driver injured in shipyard blast ONE man was injured in a quayside explosion at Wilton Fijenoord shipyard on November 12.
New line's rates 'slightly lower than TACA' NEW trans-Atlantic container shipping line Rostock Atlantic Linie says its rates will be "slightly lower" than the North Atlantic container conference TACA.
East African service upgraded P&O NEDLLOYD and Mitsui OSK have announced a significant upgrading of their liner service between East Africa, the Indian Ocean islands and southeast Asia.
Expat crewing agency managers resign FOURTEEN expatriate executives of crewing agencies in the Philippines have resigned from their posts in compliance with the clamour for stricter enforcement of the law.
Brussels gives partial approval to Hapag take-over BRUSSELS has partially approved the take-over of Hapag-Lloyd by German industrial group Preussag.
MUA calls wildcat strike in Port Botany STRIKE action by the Maritime Union of Australia has halted work at P&O's CTAL terminal at Sydney's Port Botany.
Seaway to announce surcharges on December 3 ST Lawrence Seaway will announce on December 3 whether it is prepared to waive operational surcharges for vessels which use the waterway after its scheduled close on December 20.
Hindustan turns to naval work COMMERCIAL shipbuilder Hindustan Shipyard has signed an agreement with a Ukraine yard regarding a major refitting of an Indian submarine.
Frontline takes over former Sea Empress FRONTLINE, the Bermuda-based tanker company headed by John Fredriksen, has completed the purchase of the tanker Sea Spirit, ex-Sea Empress.
German shipbuilding subsidies to continue in 1998 GERMAN shipbuilding subsidies will continue next year despite a government plan to stop them entirely.
CMA agrees to use Marsaxlokk as Med hub MALTA Freeport has reached an agreement with French liner operator CMA to use Marsaxlokk as its Mediterranean hub port, acording to Freeport chairman Marin Hili.
Adelaide put forward as shipbreaking centre AUSTRALIA'S first ship-breaking facility has been proposed in the southern city of Adelaide.
Lake Maracaibo channel draught may be reduced LAKE Maracaibo authorities in Venezuela are considering reducing the draught on the lake's channel by a foot in anticipation of the effects of the El Ni'o weather phenomenon.
Port of Seattle sets '98 budget; continued strong growth projected
Halter unit to build drill ship's substructure
NIT League to focus on partnerships, clogged rails
October transport rates showed volatility
Pakistani port to be modernized; new box freight terminal planned
NOL-APL revamps liner business
DHL opens its first floating hub
This time the sky really is falling: Oil-spill law's teeth biting ship lines
LA dock employers focus on productivity
The price to move shipments from the United States to the region dropped this year, but the weaker but faster-growing import leg continues to hold steady
'Leros Strength' expedition postponed A dispute has broken out over a last-minute decision to call off an expedition aimed at finding out why the bulk carrier 'Leros Strength' sank last February. Twenty Polish crew members lost their lives when the vessel went down off Norway.
Five missing after collision The search for five Lithuanian seafarers continued after the small general cargoship they were serving on was hit by a Syrian vessel in Greek waters.
EU's 'real' transport commissioner cracks down European Union transport commissioner Neil Kinnock is seeing to it that the EU wields more influence on maritime matters.
UK shelters BLASCO ship from creditors The Foreign and Commonwealth Office in the UK has been accused of sheltering Republic of Ukraine ships from creditors by introducing a new state immunity order.
Skuld wins key battle over 'Braer' A key legal battle over compensation for the 'Braer' oil spill off the Shetlands has ended in victory for P&I club Skuld, the International Oil Pollution Compensation (IOPC) Fund and the single ship company that owned the Bergvall + Hudner tanker.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
