P&I clubs reach deal with Brussels The International Group of P&I Clubs and the European Commission have reached a compromise position, paving the way for exemption of the International Group Agreement from the commission's anti-trust rules.
Clydeport pre-tax profits increase by 21% Pre-tax profits at Glasgow-based port owner Clydeport soared by more than 21% - up from '4.18m ($6.97m) in the first half of 1997 - to '5.08m.
Court deal ends Patrick dispute AUSTRALIA's long running Patrick dispute finally ended officially yesterday when the Australian industrial court formalised a new national labour agreement for Patrick's terminals which will halve the company's former workforce.
Investments deliver 51% Swiss Re rise Strong investment earnings helped lift net income at Swiss Re 51% in the first half of this year.
Kvaerner chooses novel weapon for war on debt DEBT reduction is Kvaerner's top priority, says chief executive Erik Tonseth. No wonder.
Doce Nave ready to renew ageing fleet Brazilian bulk shipping line Vale do Rio Doce Nave Navegacao is looking to renew its ageing fleet and expand into new areas, according to company president Nelson Carlini.
Lauritzen reshuffles top team LAURITZEN, the Danish bulker to reefer operator, has reshuffled its top management.
Kværner stock slips on weak interims WEAK interim results released by Kværner yesterday sent its shares 14 per cent lower today, although brokers say trading was light.
Andrea Merzario's forwarding division sold SERRA Group in Genoa has purchased the entire freight forwarding activity of Andrea Merzario for LIT 21bn ($12m).
Grimaldi picks up 'bargain' Japanese ferry AFTER an extensive search of the Asian ferry market, Italian operator Grimaldi has acquired a Japanese vessel.
Managers move on IGA proposals MANAGERS of the International Group of P&I Clubs (IG) met to consider recommending proposals relating to the outstanding issue in its discussions with the EU's DGIV.
TT Club ties knot with CU in Poland THE Through Transport Club has signed an agreement with the Polish subsidiary of UK insurance giant Commercial Union.
Frontline expands BP co-operation FRONTLINE has expanded its co-operation with BP by chartering three more vlccs to the oil major for one year with a further year's option.
Russian impact 'psychological' says Tonseth RECENT sharp falls in share prices around the world on the back of the political and economic crisis in Russia is largely based on market psychology, says Kv'rner chief.
Patrick and MUA reach a settlement AUSTRALIA'S simmering waterfront dispute has effectively been settled, with Patrick agreeing to pay A$5m ($2.9m) compensation to businesses affected by the dispute.
Malta Drydocks head to resign PROF Noel Zarb Adami is to resign as head of Malta Drydocks with effect from September 6, but would accept the position again if it was offered to him.
Jacobs acquires vehicle distribution company UK shipping, transport and property group Jacobs Holdings has acquired HSL Automotive, a distribution subsidiary of Oughtred and Harrison.
Chennai strike hits refinery THE three-day old pay and conditions strike by mooring crews has hit cargo movement, and in particular oil, at Chennai port in India.
SBMA head officially steps down RICHARD Gordon, ousted chairman of Subic Bay Metropolitan Authority (SBMA), and his supporters have handed over the reins to Felicito Payumo.
US agencies warn of transport chaos RECORD soyabean and corn crops are threatening to clog the US intermodal transport system for the second year in a row, warned two government agencies this week.
La fusion Serra/Merzario sera effective le 20 septembre La fusion entre le groupe de transport italien Gruppo Serra (Gènes) et son collègue milanais Andrea Merzario Srl sera réalisée le 20 septembre prochain. C'est ce qu'a annoncé à Rome la division italienne du groupe américain GE Capital Equity. Celui-ci aura une participation de 40,5% dans la nouvelle entité, qui sera baptisée Merzario Serra Spa. Elle sera un des plus grands groupes de transport d'Italie... et challenger de Saima Avandero.
Accueil défavorable au projet de centre de distribution urbaine à Gand La création d'un centre de distribution urbaine pour les livraisons aux entreprises et commerces du centre-ville de Gand suscite une vive opposition. Les commerçants et les entreprises de transport ont formulé de nombreuses objections à l'égard du projet lors d'une réunion de concertation organisée par l'administration communale. Ils ne croient pas à l'utilité du projet et n'ont pas manqué de se référer à l'échec d'expériences similaires aux Pays-Bas. L'aménagement d'un tel centre à Gand paraît dès lors fort improbable.
Essers ouvre une filiale en Wallonie Une nouvelle filiale du groupe de transport Essers est opérationnelle depuis le début de la semaine: Essers Distribution et Logistique. C'est ce qu'annonce Transport Echo Briefing. La nouvelle entreprise est fixée en Wallonie et assure la distribution des marchandises pour compte des supermarchés LIDL locaux. Essers se charge également de tous les transports pour la chaîne LIDL en Flandre à partir de Bornem. La filiale est située à Courcelles, à proximité du centre de distribution de LIDL. Essers a aussi l'intention de desservir les clients du secteur chimique à partir de cet endroit et de transférer une partie du transport international vers cette région.
Seatrade amène un nouveau trafic fruitier à Zeebrugge Le transporteur frigorifique Seatrade lance un nouveau service de fruits sur Zeebrugge. Le service hebdomadaire acheminera des fruits et des cargaisons surgelées à partir de la République dominicaine, le Mexique et la Floride. Le premier navire est attendu mi-septembre aux installations de Belgian New Fruit Wharf. A Zeebrugge, on espère que le service Seatrade constituera une première étape vers une reprise durable dans le traitement de fruits, qui a connu une baisse de régime ces dernières années.
Working party formed An agreement to form a working party on shipping industry reform, if the coalition is returned to power, has been finalised between Workplace Relations Minister Peter Reith and the chief executive of the Australian Shipowners Federation, Lachlan Payne. The working party will investigate the reforms required to create an internationally competitive Australian shipping industry in light of the recommendations of the Shipping Reform Group.
Seafarers endorse company employment Seagoing members of the MUA have this week overwhelmingly endorsed the introduction, by mid-October, of company employment in the Australian shipping industry. According to the MUA's deputy national secretary-elect, Paddy Crumlin, the union's members agreed to terms and conditions of employment of seafarers which will result in reductions in crew/berth ratios in line with the recommendations of the Shipping Reform Group. "Subject to enterprise agreements being negotiated, and having a coherent and objective, non-discriminatory basis for selection (of seamen), and a number of other issues -- which have already been agreed with the employers -- members are prepared to move to enterprise employment," Mr Crumlin said.
Three-way waterfront settlement The three matters standing in the way of a return to relative peace on the Australian waterfront were set to be resolved late yesterday afternoon. A stevedoring industry source told the DCN that, following agreement being reached between Patrick Stevedores and the Maritime Union of Australia to resolve a last-minute delay to the presentation of the EBA agreement to the Industrial Relations Commission, the EBA would be definitely be presented yesterday afternoon. "The MUA set a pre-condition that until the number of maintenance tradesmen was finalised with the maintenance contractor, they wouldn't certify the agreement (on Wednesday) as scheduled," the source said.
Wilhelmsen pulls plug on WBS deal Wilhelmsens has pulled out of a deal at the last minute which would have made it a major shareholder in Western Bulk Shipping, through a share purchase of a 23 per cent interest in WBS via Oslo-based Belships. Wilhelmsens were to have entered into a Share Purchase Agreement with Belships ASA, to purchase a total of 3,203,013 shares at a cost of NOK 26.50 per share. Wilhelmsens' board cited "uncertain markets" as the reason for not completing the purchase, despite its enthusiasm only a week earlier over the "synergies" the purchase offered. DCN understands that the move away from WBS came from Wilhelmsens non-executive directors.
Floating parking lots. Today the transport of new cars is one of the most profitable activities in the shipping industry, and shows remarkable consistency.
Maritime
Euroatlantic Container Line boosts departures to South America.
Pan Ocean offers Japan-China direct.
The contract formalising the sale of Australia National Line's liner division to CGM has been signed, and completion is expected by October 30.
Maersk launches new feeders, and reveals interim result for the first time.
Stena is streamlining to stem loss.
Zim further reduces its losses.
Hapag-Lloyd charters 4000-TEU ships.
Will CP Ships acquire ANZDL?
CMB improves first half result.
Hamburg S'd is still growing.
Thorny ways to success: Sagitta looks at ways of balancing supply and demand to improve carrier profits.
Ports and Terminals
Eurokai is continuing to strengthen its market position in Europe.
Thamesport orders sixth crane.
Trieste gears up for the future.
Savannah posts record throughput.
La Plata free trade zone is busy with an ambitious project.
Rio's terminal 1 is forging ahead.
Salalah will be a new hub for Sea-Land and Maersk from 1999.
PSA Corp makes progress with developments at home and abroad.
Vietnamese port completes expansion.
Sydney posts outstanding year.
Aviation
Lufthansa Cargo, Japan Airlines and SAS Cargo plan to launch a joint freighter service between Frankfurt, Gothenburg and Osaka in September.
BA and Malev launch joint flights.
The Delta/UAL alliance faces an obstacle from Delta's pilots.
CAI posts its best second quarter.
Qantas registered a good 1997 and is continuing to expand.
Kitty Hawk has signed a letter of intent to purchase SAT.
Panalpina forges ahead in Europe.
FedEx offers a new, faster service.
Forwarding
Jacky Maeder opens new offices in Australia and Malaysia.
Hoyer/Odfjell found a joint venture for intercontinental tank containers.
Intermodal
EU commissioner Kinnock reveals his plans for Europe's transport sector.
Floating parking lots. Today the transport of new cars is one of the most profitable activities in the shipping industry, and shows remarkable consistency.
Maritime
Euroatlantic Container Line boosts departures to South America.
Pan Ocean offers Japan-China direct.
The contract formalising the sale of Australia National Line's liner division to CGM has been signed, and completion is expected by October 30.
Maersk launches new feeders, and reveals interim result for the first time.
Stena is streamlining to stem loss.
Zim further reduces its losses.
Hapag-Lloyd charters 4000-TEU ships.
Will CP Ships acquire ANZDL?
CMB improves first half result.
Hamburg S'd is still growing.
Thorny ways to success: Sagitta looks at ways of balancing supply and demand to improve carrier profits.
Ports and Terminals
Eurokai is continuing to strengthen its market position in Europe.
Thamesport orders sixth crane.
Trieste gears up for the future.
Savannah posts record throughput.
La Plata free trade zone is busy with an ambitious project.
Rio's terminal 1 is forging ahead.
Salalah will be a new hub for Sea-Land and Maersk from 1999.
PSA Corp makes progress with developments at home and abroad.
Vietnamese port completes expansion.
Sydney posts outstanding year.
Aviation
Lufthansa Cargo, Japan Airlines and SAS Cargo plan to launch a joint freighter service between Frankfurt, Gothenburg and Osaka in September.
BA and Malev launch joint flights.
The Delta/UAL alliance faces an obstacle from Delta's pilots.
CAI posts its best second quarter.
Qantas registered a good 1997 and is continuing to expand.
Kitty Hawk has signed a letter of intent to purchase SAT.
Panalpina forges ahead in Europe.
FedEx offers a new, faster service.
Forwarding
Jacky Maeder opens new offices in Australia and Malaysia.
Hoyer/Odfjell found a joint venture for intercontinental tank containers.
Intermodal
EU commissioner Kinnock reveals his plans for Europe's transport sector.
Floating parking lots. Today the transport of new cars is one of the most profitable activities in the shipping industry, and shows remarkable consistency.
Maritime
Euroatlantic Container Line boosts departures to South America.
Pan Ocean offers Japan-China direct.
The contract formalising the sale of Australia National Line's liner division to CGM has been signed, and completion is expected by October 30.
Maersk launches new feeders, and reveals interim result for the first time.
Stena is streamlining to stem loss.
Zim further reduces its losses.
Hapag-Lloyd charters 4000-TEU ships.
Will CP Ships acquire ANZDL?
CMB improves first half result.
Hamburg S'd is still growing.
Thorny ways to success: Sagitta looks at ways of balancing supply and demand to improve carrier profits.
Ports and Terminals
Eurokai is continuing to strengthen its market position in Europe.
Thamesport orders sixth crane.
Trieste gears up for the future.
Savannah posts record throughput.
La Plata free trade zone is busy with an ambitious project.
Rio's terminal 1 is forging ahead.
Salalah will be a new hub for Sea-Land and Maersk from 1999.
PSA Corp makes progress with developments at home and abroad.
Vietnamese port completes expansion.
Sydney posts outstanding year.
Aviation
Lufthansa Cargo, Japan Airlines and SAS Cargo plan to launch a joint freighter service between Frankfurt, Gothenburg and Osaka in September.
BA and Malev launch joint flights.
The Delta/UAL alliance faces an obstacle from Delta's pilots.
CAI posts its best second quarter.
Qantas registered a good 1997 and is continuing to expand.
Kitty Hawk has signed a letter of intent to purchase SAT.
Panalpina forges ahead in Europe.
FedEx offers a new, faster service.
Forwarding
Jacky Maeder opens new offices in Australia and Malaysia.
Hoyer/Odfjell found a joint venture for intercontinental tank containers.
Intermodal
EU commissioner Kinnock reveals his plans for Europe's transport sector.
Floating parking lots. Today the transport of new cars is one of the most profitable activities in the shipping industry, and shows remarkable consistency.
Maritime
Euroatlantic Container Line boosts departures to South America.
Pan Ocean offers Japan-China direct.
The contract formalising the sale of Australia National Line's liner division to CGM has been signed, and completion is expected by October 30.
Maersk launches new feeders, and reveals interim result for the first time.
Stena is streamlining to stem loss.
Zim further reduces its losses.
Hapag-Lloyd charters 4000-TEU ships.
Will CP Ships acquire ANZDL?
CMB improves first half result.
Hamburg S'd is still growing.
Thorny ways to success: Sagitta looks at ways of balancing supply and demand to improve carrier profits.
Ports and Terminals
Eurokai is continuing to strengthen its market position in Europe.
Thamesport orders sixth crane.
Trieste gears up for the future.
Savannah posts record throughput.
La Plata free trade zone is busy with an ambitious project.
Rio's terminal 1 is forging ahead.
Salalah will be a new hub for Sea-Land and Maersk from 1999.
PSA Corp makes progress with developments at home and abroad.
Vietnamese port completes expansion.
Sydney posts outstanding year.
Aviation
Lufthansa Cargo, Japan Airlines and SAS Cargo plan to launch a joint freighter service between Frankfurt, Gothenburg and Osaka in September.
BA and Malev launch joint flights.
The Delta/UAL alliance faces an obstacle from Delta's pilots.
CAI posts its best second quarter.
Qantas registered a good 1997 and is continuing to expand.
Kitty Hawk has signed a letter of intent to purchase SAT.
Panalpina forges ahead in Europe.
FedEx offers a new, faster service.
Forwarding
Jacky Maeder opens new offices in Australia and Malaysia.
Hoyer/Odfjell found a joint venture for intercontinental tank containers.
Intermodal
EU commissioner Kinnock reveals his plans for Europe's transport sector.
Floating parking lots. Today the transport of new cars is one of the most profitable activities in the shipping industry, and shows remarkable consistency.
Maritime
Euroatlantic Container Line boosts departures to South America.
Pan Ocean offers Japan-China direct.
The contract formalising the sale of Australia National Line's liner division to CGM has been signed, and completion is expected by October 30.
Maersk launches new feeders, and reveals interim result for the first time.
Stena is streamlining to stem loss.
Zim further reduces its losses.
Hapag-Lloyd charters 4000-TEU ships.
Will CP Ships acquire ANZDL?
CMB improves first half result.
Hamburg S'd is still growing.
Thorny ways to success: Sagitta looks at ways of balancing supply and demand to improve carrier profits.
Ports and Terminals
Eurokai is continuing to strengthen its market position in Europe.
Thamesport orders sixth crane.
Trieste gears up for the future.
Savannah posts record throughput.
La Plata free trade zone is busy with an ambitious project.
Rio's terminal 1 is forging ahead.
Salalah will be a new hub for Sea-Land and Maersk from 1999.
PSA Corp makes progress with developments at home and abroad.
Vietnamese port completes expansion.
Sydney posts outstanding year.
Aviation
Lufthansa Cargo, Japan Airlines and SAS Cargo plan to launch a joint freighter service between Frankfurt, Gothenburg and Osaka in September.
BA and Malev launch joint flights.
The Delta/UAL alliance faces an obstacle from Delta's pilots.
CAI posts its best second quarter.
Qantas registered a good 1997 and is continuing to expand.
Kitty Hawk has signed a letter of intent to purchase SAT.
Panalpina forges ahead in Europe.
FedEx offers a new, faster service.
Forwarding
Jacky Maeder opens new offices in Australia and Malaysia.
Hoyer/Odfjell found a joint venture for intercontinental tank containers.
Intermodal
EU commissioner Kinnock reveals his plans for Europe's transport sector.
Floating parking lots. Today the transport of new cars is one of the most profitable activities in the shipping industry, and shows remarkable consistency.
Maritime
Euroatlantic Container Line boosts departures to South America.
Pan Ocean offers Japan-China direct.
The contract formalising the sale of Australia National Line's liner division to CGM has been signed, and completion is expected by October 30.
Maersk launches new feeders, and reveals interim result for the first time.
Stena is streamlining to stem loss.
Zim further reduces its losses.
Hapag-Lloyd charters 4000-TEU ships.
Will CP Ships acquire ANZDL?
CMB improves first half result.
Hamburg S'd is still growing.
Thorny ways to success: Sagitta looks at ways of balancing supply and demand to improve carrier profits.
Ports and Terminals
Eurokai is continuing to strengthen its market position in Europe.
Thamesport orders sixth crane.
Trieste gears up for the future.
Savannah posts record throughput.
La Plata free trade zone is busy with an ambitious project.
Rio's terminal 1 is forging ahead.
Salalah will be a new hub for Sea-Land and Maersk from 1999.
PSA Corp makes progress with developments at home and abroad.
Vietnamese port completes expansion.
Sydney posts outstanding year.
Aviation
Lufthansa Cargo, Japan Airlines and SAS Cargo plan to launch a joint freighter service between Frankfurt, Gothenburg and Osaka in September.
BA and Malev launch joint flights.
The Delta/UAL alliance faces an obstacle from Delta's pilots.
CAI posts its best second quarter.
Qantas registered a good 1997 and is continuing to expand.
Kitty Hawk has signed a letter of intent to purchase SAT.
Panalpina forges ahead in Europe.
FedEx offers a new, faster service.
Forwarding
Jacky Maeder opens new offices in Australia and Malaysia.
Hoyer/Odfjell found a joint venture for intercontinental tank containers.
Intermodal
EU commissioner Kinnock reveals his plans for Europe's transport sector.
Sting A PHONY SHIPREPAIR operation set up by the US Federal Bureau of Investigation has led to dozens of people being caught in a probe over alleged bribery and corruption to win government contracts. The sting operation has ship managers, repairers and even government officials in hot water, according to details of the secret operation that are beginning to emerge. Now the accused face a Grand Jury investigation.
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