Hanjin set to dispose of 12 boxships SOUTH Korea's Hanjin Shipping may dispose of a further 12 containerships in the current year, company executives have told Lloyd's List.
Master facing new trial delay VENEZUELA'S Cabimas Court has delayed a pre-trial hearing for Konstantinos Spiropulos, master of the Greek flag Nissos Amorgos until March 12 and further postponements may be likely.
Hamburg-Sud reports profits up GERMANY'S Hamburg-Sud achieved a small operating profit in 1997, after making a loss a year earlier in 1996, chief executive Klaus Meves has said.
Columbus Line US link COLUMBUS Line, the Hamburg-Sud group cross-trading operation has, together with P&O Nedlloyd's Blue Star Line, applied to US shipping authorities for permission to co-operate with Australia-New Zealand Direct Line this spring.
GMDSS deadline postponed six years LINGERING safety and political concerns have prompted agreement at the International Maritime Organisation to postpone the final deadline for full implementation of the Global Maritime Distress and Safety System by six years.
Butcher quits as head of Holyman CHRIS Butcher, the man in charge of Holyman's loss-making ferry venture on the English Channel, has resigned as managing director of the Australian company, writes David Mott.
San Diego rail deal breaks down At issue is the 146-mile San Diego & Imperial Valley line, built in 1919 from San Diego, across the border to Tijuana, east to Tecate, and back across the border to Plaster City.
US Military Sealift ro-ro christened USNS Sisler, the fourth of 14 large, medium-speed, ro-ro vessels manned by merchant mariners for the US Navy's Military Sealift Command, has been christened at National Steel & Shipbuilding in San Diego.
South Korea's refiners face more cuts SOUTH Korea's oil refiners may have to cut production further following China's decision last week to suspend certain imports of gasoil and diesel.
Chennai leases out another berth CHENNAI Port Trust has signed an agreement to lease out another berth at the Indian port.
Hyundai HI 'to seek listing' SOUTH Korea's Hyundai Heavy Industries, the world's largest shipbuilder, is expected to seek a listing on the Korean stock exchange this year.
Venezuela challenged over flag rights revocation VENEZUELA's supreme court has accepted a lawsuit challenging Caracas over its failure to give shipping companies benefits after it revoked the flag rights system.
Cosco and OOCL plan joint feeder services COSCO and OOCL are firming up plans to start two weekly feeder services between China and Taiwan in the second quarter of this year.
China 'has enough ports' CHINA does not need any more ports, according to Huang Zhendong, China's communications minister.
China, Russia sign fast vessel accord CHINESE and Russian leaders have attended a signing ceremony that will see the two countries working together on fast vessel construction technology.
Tianjin joint venture 'operational soon' A US$29m joint venture at China's Tianjin port between New World Infrastructure of Hong Kong and Sea-Land Service of the US is to become operational soon.
P&O Nedlloyd starts Amazon service P&O Nedlloyd has started a fortnightly service with geared container ships linking the Amazon ports of Manaus and Belem with its main service network.
Canadian firms order barges in China CANADA'S Rivtow Marine and Seaspan International have ordered barges from Chinese shipyards.
Efforts to salvage stranded reefer abandoned KUROSHIMA Shipping, the Japanese owner of the reefer vessel Kuroshima that went aground in the Aleutian Islands last November, has abandoned efforts to salvage the ship.
Cruise industry on a high, says CLIA GOLDEN times are here for the cruise industry, according to Rick James, chairman of the Cruise Lines International Association.
DFDS in duty free sales move SCANDINAVIAN Seaways is to divert its Sweden-UK service to include a Norwegian port of call to ensure the continuation of duty free sales.
Taiwan opens new route with China TAIWAN has agreed to open a new shipping route between the port of Keelung and Shanghai.
Australia predicts more Asian gloom AUSTRALIA'S live animal export trade to Asia, already down by a quarter from the previous year, will be hit even harder in 1998-99 according to the government's latest official forecast.
Auckland ownership row Controversy over the ownership of New Zealand ports has re-ignited with a community-based campaign to keep the proceeds of the port of Auckland sale in public hands. NZ Alliance Party MP Pam Corkery is pushing for a referendum on the future of NZ$2bn sitting in the Auckland Regional Services Trust, following the NZ government' refusal to devote all the proceeds of the port sale to developing Auckland's infrastructure.
Holyman board a 'dismal failure' on ferry losses The board of Holyman Ltd had failed dismally, lacked the necessary skills and had destroyed shareholders' funds in turning an English Channel ferry service that "showed the most promise" into a desperate hole, chairman Richard Austen has admitted. The company will add two new directors to the board following the resignation of managing director Chris Butcher and Chief financial officer Reuben Rattray . The appointments follow news that the cost of restructuring the Ramsgate-Ostend service has blown out by $17 million to $38million.
Maritime union weighs up options The Maritime Union of Australia will announce this morning what action it will take in its latest dispute with Patrick, and reveal an apparent attempt to set up "another Dubai" in a Hamburg training institute. MUA National Secretary John Coombs said yesterday the union was considering options including protected industrial action in the wake of an impasse in discussions with Patrick over enterprise agreements.
Port managing to cope Auckland's electricity crisis is still hampering port operations with no resumption of city supply likely until next week at the earliest, a Ports of Auckland spokesperson said. With the exception of three vessels that were diverted away from Auckland, the port has coped with all the scheduled traffic despite lengthy delays and reduced crane capacity.
Two investigations into derailments Two general freight derailments in south-west Queensland in the past two weeks have resulted in two separate investigations into the incidents. Queensland Rail confirmed it had launched a full-scale investigation into the derailments, while Queensland Transport Minister Vaughan Johnson revealed the state government had called an independent investigation conducted by the manager of Queensland's Rail Safety Unit.
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