Greek plea to stem fleet exodus GREECE'S shipowners have urged their government to rethink its policy towards the industry or watch tonnage continue to desert the national ship registry.
Dubai ends dock training exercise A CONTROVERSIAL exercise in Dubai to train Australian troops as dock workers has been terminated, the United Arab Emirates embassy in Australia said yesterday.
Key players in tanker sector ponder the dilemma of age WORLDSCALE freight rates may be at their highest for many years, but owners cannot agree on how best to respond to the changing market conditions.
India forfeits second half of ADB loan INDIA has firmly declined to go along with the conditions laid down by the Asian Development Bank (ADB) in advancing a $250m loan to the country for the hydrocarbons sector. It has thereby forfeited the second and final tranche of the loan.
US vote opens way for Kvaerner LONG-reluctant Philadelphia City Council has finally voted unanimously to approve a financial commitment needed to finalise the $400m deal under which London-based engineering-to-shipbuilding firm Kvaerner will reopen and operate part of the closed Philadelphia Naval Shipyard.
Top-level talks in Ukraine on rescue package for Blasco TALKS are being held at Cabinet level in Ukraine in an attempt to cobble together a rescue plan for financially troubled state-owned Black Sea Shipping Company (Blasco).
Pressing that button marked 'typhoon' THERE is meant to be something called maritime English.
Norasia extends focus on regional shipping NORASIA Lines wants to expand into regional shipping and limit its exposure to the longhaul trades.
'Artificial' competition no rail solution TranRail chairman Edward Burkhardt has told the government's 'Role of Rail' inquiry that open access competition on the national track may well be counter-productive, rather than the stimulus to rail business expected.
Sydney investment needed now: BOC Sydney Airport must commit to or allow investment in the upgrading of air freight infrastructure, or miss out on the vast potential of the burgeoning air freight industry. Patrick Roche, md of UK-based BOC Cargo Services told a conference in Sydney infrastructure expansion was not keeping pace.
Patrick dispute averted, for now The threat of an industrial dispute breaking out on the Melbourne waterfront today has been averted by discussions between Patrick and the Maritime Union of Australia. It is understood the discussions have allowed the union to better understand the company's position and a meeting of the rank and file will be held on Wednesday to consider the changes which the stevedore wants to implement.
Dubai row hits international stage Letters of protest followed by possible strike action are set to be the next stage of the row over "waterfront mercenaries" in Dubai. The International Transport Workers' Federation was at the weekend expected to issue a call to its 500 affiliates around the world to protest at the training of Australian servicemen to the Prime Minister, John Howard as well as the United Arab Emirates. If these letters have no impact, industrial action is expected.
$2 million for Carrington upgrade Following its purchase of the Australian Submarine Corporation's shipbuilding site at Tomago in September, the Forgacs Group has been granted $2 million to upgrade the facilities out of the Federal Government's $10 million Hunter Assistance Package. The dollar-for dollar-funding package will be used mainly to dredge out the launching bays and improve the wharf structure of the former Carrington slipways.
ANL gets gong from SPC ANL Ltd is the first company to take advantage of the 2.5 per cent incentive on cargo throughput offered by Sydney Ports Corporation for the electronic transfer of shipping manifests through the Internet.
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