Romline in 'ownerless ships' row STATE-run Romline is at the centre of new allegations of misconduct against Romanian shipping which are brewing after the detention of two "ownerless" vessels in foreign ports last week.
Turkish vessel freed after Greek island grounding A TURKISH cargo vessel was yesterday due to be checked for any hull damage after an Aegean stranding incident which set political pulses racing appeared to be nearing an end, writes our Athens Correspondent.
Industrial apocalypse, now being played out Aussie-style ARMAGEDDON has finally come to Australia, but it does not really feel like it.
New year slows down market LUNAR new year celebrations combined with the southeast Asian economic slowdown have contrived to pare down the sale and purchase market to the bare minimum this week with only a few deals completed.
Mystery surrounds loss of bulk carrier 'Flare' MYSTERY still surrounds the loss of the 29,222 dwt dry bulk carrier Flare, despite first interviews with the four survivors. The 1972-built vessel broke in two during rough weather off Newfoundland on January 16, with the deaths of 21 crew.
Sanko repays its debts nine years early TOKYO-based Sanko Steamship, which went bankrupt in August 1985 owing ¥677.8bn ($5.2bn), has completed repayments of all its debts nine years ahead of the initial January 2007 deadline for repayment of debts, writes Kazuo Takita, Tokyo Correspondent.
The creeping supremacy of virtual reality OH, what a lovely world. The other day I felt for a friend of mine who was quite depressed about his city firm spending millions on bringing its entire network of worldwide offices 'on line'.
Matson profit boost lifts income at A&B BOOSTED by solid increases in operating profits from its Matson Navigation unit, Honolulu-based Alexander & Baldwin posted improvements in net income for both the fourth-quarter and full-year 1997.
Columbus adds Fiji, Blue Star adds ship Columbus line will offer direct calls to Fiji when and it the Federal Maritime Commission approves a space charter and sailing agreement filed by the three big carriers in the Australia and New Zealand-North America trade. This was confirmed on Friday by the managing director of Columbus line in Australia, Achim Drescher.
Industry holds its breath Parties to Australia’s latest waterfront clash are bracing themselves for a prolonged dispute at Melbourne’s Webb Dock, although hopes remained high late last week that direct action could be confined to that site. However, the hopes may be in vain if, as heavily rumoured in industry circles, Patrick is planning to announces it has also sub-let Sydney’s under-utilised Darling Harbour 7 and 8 berths to the National Farmers Federation.
West to open freight access The Western Australian government has announced the first step towards opening the State’s rail freight network to competition. The government has approved access arrangements for interstate operators to use the standard gauge line between Kalgoorlie and Kwinana, the initial step towards allowing competition on the state’s rail system.
BOC Melbourne take-off looms BOC Cargo Services Australia said the first freighter aircraft to use its new air cargo terminal at Melbourne Airport will touch down in less than three weeks - about one year after its parent company, the UK-based BOC distribution Services, announced it would invest in Australia.
Round-the-world details emerge Further details have emerged about the new round-the-world joint service by Contship CGM and Marfret with the French partners apparently having prevailed on Asian route preferences. But CGM-Marfret’s practice of reversing their Australian port rotation for half the year (in order to fit in a PNG call to pick up coffee for Europe) has been abandoned in favour of a standard Brisbane, Sydney, Melbourne schedule.
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