Concern for listing bulker 'Oak' in path of force 10 storm A STRICKEN dry bulk carrier, the 1981-built, 21,951 dwt Oak, with a crew of 13 on board - was stabilised following a counter-balancing operation which reduced the vessel's list to six degrees.
Bankruptcy fears rise in South Korea KIM Dae-jung, the South Korean president-elect, has warned his country that more business failures are on the cards for 1998.
Blyth gets go-ahead for last phase of '7m port revamp A PORT on the northeast coast of the UK has been given the go-ahead to complete a multi-million-pound harbour expansion plan in the heart of an unemployment blackspot.
Israel sea trade dips after seven years' growth ISRAEL saw a drop in its total volume of seaborne trade in 1996, after a period of seven years in which it averaged double digit growth, according to the latest annual study from the University of Haifa's Wydra Institute of Shipping and Aviation Research.
Traffic record at Rotterdam GROWTH in container, coal, oil products, ores/ scrap and ro-ro traffic volumes combined to power the port of Rotterdam's year-end figures to an historical record of 307.3m tonnes.
El-Yam in deal over layoffs EL-YAM, the Israeli shipping company, has reached an agreement that will enable it to lay off 95% of the Israeli ratings and officers employed on its ships. The cost of the agreement is estimated at '1m ($1.68m).
Bordeaux in talks on UK ro-ro link DISCUSSIONS are underway for a new ro-ro service between the Port of Bordeaux and the UK, Bordeaux port officials have announced.
Passengers using Dover on course to top 20m THE port of Dover seems set for a record year in 1997, beating even the pre-Channel Tunnel days, with the likelihood of topping the 20m passenger mark for the first time.
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