Comply with ISM Code, Intertanko tells members Group will terminate membership of those which do not do so by July 1 deadline
China holding hijacked tanker and 12 Indonesians
Kvaerner's US shipyard to hire workers next month
Lloyd's Register chalks up big surplus
OOCL still has plans for Sydney terminal, eyes Patrick facilities
Air and Land Transport
Northwest's flight delays scare off some customers Impact on second-quarter earnings likely if disruptions last two months: analysts
Ansett to halt Sydney-KL service
British group seeks approval to manage Phuket airport
US, European aviation agencies approve B777-300
Dubai opens second airport terminal
Toyota to give cleaner emission technology to Mitsubishi: report
Features
Court decision does not mean end to dispute While the MUA may have won a major victory in court, it says it would onlyresume work if all its members were reinstated
Comply with ISM Code, Intertanko tells members Group will terminate membership of those which do not do so by July 1 deadline
China holding hijacked tanker and 12 Indonesians
Kvaerner's US shipyard to hire workers next month
Lloyd's Register chalks up big surplus
OOCL still has plans for Sydney terminal, eyes Patrick facilities
Air and Land Transport
Northwest's flight delays scare off some customers Impact on second-quarter earnings likely if disruptions last two months: analysts
Ansett to halt Sydney-KL service
British group seeks approval to manage Phuket airport
US, European aviation agencies approve B777-300
Dubai opens second airport terminal
Toyota to give cleaner emission technology to Mitsubishi: report
Features
Court decision does not mean end to dispute While the MUA may have won a major victory in court, it says it would onlyresume work if all its members were reinstated
Comply with ISM Code, Intertanko tells members Group will terminate membership of those which do not do so by July 1 deadline
China holding hijacked tanker and 12 Indonesians
Kvaerner's US shipyard to hire workers next month
Lloyd's Register chalks up big surplus
OOCL still has plans for Sydney terminal, eyes Patrick facilities
Air and Land Transport
Northwest's flight delays scare off some customers Impact on second-quarter earnings likely if disruptions last two months: analysts
Ansett to halt Sydney-KL service
British group seeks approval to manage Phuket airport
US, European aviation agencies approve B777-300
Dubai opens second airport terminal
Toyota to give cleaner emission technology to Mitsubishi: report
Features
Court decision does not mean end to dispute While the MUA may have won a major victory in court, it says it would onlyresume work if all its members were reinstated
Halter in China yard venture US shipyard owner Halter Marine Group has joined China's Yantai Raffles Shipyard and Yantai Taisun Shipbuilding to form a new joint venture to market and build vessels at the Yantai facilities.
Lloyd's market warns of competitive pressures despite record profit COMPETITIVE pressures in the Lloyd's market show no sign of abating, Lloyd's chairman Max Taylor warned yesterday.
BP prepares to reopen Tehran office BRITISH Petroleum is to reopen an office in Tehran in an effort to speed oil-rich but politically isolated Iran's return into the world fold.
S&P deals a rating blow to Stena refinancing plans LEADING credit analyst Standard & Poor's has dealt a blow to Stena Line's refinancing plans, by assigning its imminent $300m US offering junk bond status.
Pressure still on for reinstated Patrick workers THIS week's Australian High Court decision has left Patrick with a third party stevedoring workforce which it will operate at arm's length - and under enormous pressure to make a profit.
China pledge on greater foreign role in shipping market BEIJING has pledged to further open its shipping market to foreign participation, but signalled that there will be tighter legal restrictions.
Creating luxury from industry IN a year that promises to be the biggest on record for mega yachts, with twice the 802 that were in service in 1987 now believed to be in operation worldwide, according to bankers at Credit Suisse, those once exclusive playgrounds of the rich are becoming a little less so.
Third Nortrans FPSO contract for Keppel SINGAPORE'S Keppel Shipyard has been awarded a contract to convert the 140,905 dwt tanker Ruby Princess, into a Floating Production, Storage and Offloading (FPSO) vessel, by Nortrans Offshore Vietnam Ltd (Nortrans), writes Alan Thorpe.
Korean ports handle more boxes SOUTH Korean ports handled nearly 5.82m teu last year, up 19 per cent over the 1996 figure of 4.90m teu.
Grand Princess cruises cancelled PRINCESS Cruises' has cancelled a two-day publicity call at Southampton next week and the ship's first cruise to Istanbul because of what it says is a two-week delay in completion.
Wreck may have been cause of jetfoil accident HONG Kong government officials have admitted a charted shipwreck remains in waters off Lantau island, near where a Macau-bound jetfoil hit a mystery object on May 2.
Residensea contract finally signed RESIDENSEA has finally signed a contract with German builder HDW for construction of the first ever residential cruiseship, The World.
Four die, five injured in Navy ship fire Four seafarers have been confirmed dead following a fire on an Australian Navy tanker.
Lloyd's of London unveils largest ever profit LLOYD'S of London has unveiled the largest annual profit in its 310-year history.
Jzel complaints are "non issues", says POEA THE POEA has no objections to the transfer of accreditation of about 60 vessels to an agency facing complaints of false representation.
Knud I Larsen and Wonsild plan joint venture TWO Danish tanker owners, Knud I Larsen and Wonsild Liquid Carriers are to enter a joint venture.
Gambling ships head for the Big Apple A US FEDERAL court ruling has spurred the chartering of a number of ships to run offshore gambling cruises out of New York City.
Australia's High Court rules in favour of MUA AUSTRALIA'S backlog of some 12,000 containers is likely to start being cleared tomorrow following a court ruling which effectively reinstates 1,400 full-time sacked wharfies.
Missing tanker found in Chinese waters THE missing tanker, Petro Ranger, has been found in Chinese waters with its suspected hijackers still on board.
MISC buys Konsortium Perkapalan MALAYSIA'S national shipping company Malaysia International Shipping Corp (MISC) has bought Konsortium Perkapalan's shipping assets for $220m.
Drugs haul at Cartagena COLOMBIAN police have seized more than 17 tonne of marijuana in two containers at the port of Cartagena.
French ferry operator back in profit FRENCH ferry operator Société Nationale Maritime Corse-Méditérranée (SNCM) is back in the black after two consecutive years of loss.
Dutch yards in final talks over Wilton Fijenoord TWO Dutch shiprepair companies are in final talks regarding the take-over of Wilton Fijenoord.
Reith stands firm over end to MUA monopoly The federal government has applied further pressure to the Maritime Union of Australia, yesterday insisting it would only provide redundancy payments to waterfront workers if they agreed to benchmark reforms on the waterfront. However, MUA national secretary John Coombs said it was outrageous that Workplace Relations Minister Peter Reith was seeking to put conditions on the redundancy money from the commonwealth. Reith made it clear that the union must agree to seven benchmark principles on waterfront reform before the government provides funding for the redundancies.
Stand in stevedores hope for long-term business While they have seen a dramatic increase in the demand for the services during the Patrick-MUA dispute, Australia's smaller stevedoring operators are not yet banking on that short term boon being translated into a major long-term gain. Two of the companies indicated that until Patrick Stevedores' future as a major industry player became clearer it was not possible to conclude with any certainty whether customers gained during the dispute and its aftermath could be retained.
Grain on track at Geelong Construction of Vicgrain's new facilities at the Geelong grain export terminal has been completed, test runs have been taking place and employees have been training for accreditation on the new equipment. Vicgrain's ceo Alan McCallum said that everything was on schedule for the planned first shipment early this month.
Qld Rail's new container terminal opened Queensland Rail's new $3.9 million Cloncurry container terminal in the state's north-west mineral province was officially opened last Friday. The regional freight terminal is part of QR's ongoing $25 million program to upgrade or build new regional container terminals throughout Queensland.
Support for ballast strategy The Quarantine & Exports Advisory Council has expressed strong support for the ballast water program being undertaken by the Australian Quarantine & Inspection Service. The chairman of QEAC voiced the organisation's support for what he described as the significant progress made by AQIS in implementing recommendations from the recent review of Australian quarantine services and maintaining quarantine vigilance.
James P. Hoffa got a huge boost when the government gave tacit approval to his presidency of the 1.4 million-member Teamsters union. The government is allowing Hoffa to run in the next union election later this year. Hoffa is odds-on to defeat little-known Ken Hall, who is head of the union's small-parcel unit. Besides being unknown, Hall has the distinct disadvantage of not having the last name of Hoffa. Meanwhile, Hoffa pledges to restore unity to the union, running under the aegis of the "reform" candidate.
The betting in Washington is there will be a veto-proof highway reauthorization bill signed by President Clinton by Memorial Day. At a Traffic World-sponsored symposium on highway reauthorization, some of Washington's wisest hands predicted a final bill by the start of the summer construction season.
Donald E. Moffitt says it's official this time - he's retiring for good. The 44-year transportation veteran is retiring as chief executive officer of CNF Transportation, a $5 billion diversified transport concern. Moffitt retired once before, 10 years ago, but was brought back in 1990 to help rescue the company from the brink of bankruptcy. Moffitt helped straighten out CNF's Emery Air Freight unit, then reinstalled the company's confidence in itself, which he says was the key to restoring financial viability to the company. He turns CNF over to Gregory L. Quesnel, who had been chief operating officer but who has made a mark in the company with his strong eye for finances.
The Surface Transportation Board wants to make handling captive-shipper rate complaints easier. But many captive shippers are skeptical. Except for a single coal shipper, nobody has ever won a rate reasonableness case since the railroads were largely deregulated in 1980. STB wants to eliminate the ability of a railroad to hinder rate complaints by asserting the existence of product and geographic competition. Still, shippers will face enormous expenses in proving they have no effective rail, truck or barge alternatives before STB will even hear their rate complaints.
Competition for cargo is heating up in Brazil, which is learning how to speak a whole new language. It's called intermodal. Trucking still has the lion's share, but increasingly companies are trying to fashion themselves as "transportation" companies immune from modal lock. Privatization of ports and rails has increased incentives to cut costs and make the system work better.
The U.S. Postal Service's answer to other companies' two-day package services - Priority Mail - is growing by leaps and bounds and priced well below the competition. And that raises the ire of competitors like United Parcel Service. UPS claims the playing field isn't level and USPS agrees, denying accusations that it receives tax support and pointing out that it must abide by a whole slew of government regulations. Yet it's still succeeding in the marketplace and plans to take that success farther.
For Schneider National's Renee Wolven, logistics is a career path that's taking her to the top. The West Point grad and former Army captain went into military logistics because there were no restrictions for women there. On the civilian side, the work is different but she continues to rise through the ranks. The self-described "gearhead" is vice president of engineering for Schneider.
Symbol Technologies Inc., one of the largest manufacturers of barcoding equipment in the world, is making a bid to buy competitor Telxon Corp. for $38 per share, or $800 million cash. Symbol believes the Telxon acquisition will speed its plan to build an array of products and services involving barcoding, wireless communications and handheld computing. "There's nothing we can't do without them but we can do it faster," said one Symbol official.
The Asian Flu has hit the container business in Jakarta, Indonesia. The Indonesia rupiah has lost 70 percent of its value since the financial crisis began last July and at least 50 percent of imports have dried up, according to Richard Cox, country manager for Sea-Land Service. Some of that has been offset by a rise in exports, but that has resulted in a container shortage as other countries in the Far East have similar import/export balance problems.
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