Amec inquiry after safety scare HUNDREDS of UK offshore workers have walked out after a huge gas platform retainer valve blew out, narrowly missing four men.
Nuclear waste ship barred from Japan port A BRITISH cargoship laden with reprocessed high level waste has been forced to anchor one mile off Mutsu-Ogawara, after a Japanese local authority leader banned her from entering the port.
Hyundai to focus on car carriers HYUNDAI Merchant Marine has said it will focus its attention on renewing and expanding its car carrier business.
Suharto wins President Suharto of Indonesia (right), the sole candidate, was elected to a seventh five-year term by the People's Consultative Assembly yesterday. He is pictured with Jusuf Habibie, the research and technology minister, who is the sole candidate for vice-president, to be chosen today after Mr Suharto has been sworn in
Takeover signals a new era for Thamesport WHEN Mike Allwood flew into London from Hong Kong last November to take up a new post as chief executive of Thamesport he had no inkling of what lay ahead.
Asian owners warn on liner rationalisation RATIONALISATION of international liner shipping services will continue to the detriment of world trade unless rate stabilisation and restoration can be achieved, the Asian Shipowners' Forum has warned.
Swan Hunter shuns naval vessel order BRITISH-based Swan Hunter has ruled itself out from Royal Navy plans to build a new fleet of super aircraft carriers in a contract worth about £10bn ($16.4bn).
Modec bids for a second FSO MODEC, the US-Japan offshore production specialist, is among bidders for a second floating, storage, offloading unit destined for use in the Mexican oil fields, executives confirmed yesterday, writes Edward Ion, Asia Editor, Singapore.
Inchcape to expand in Asia despite sale INCHCAPE Shipping Services is planning to expand its presence in China, despite its impend-ing sale by the London-based parent.
Pacific Ports' plans 'not delayed' by departure TED Rule, the new chairman of Pacific Ports Co, does not see any of the Hong Kong-based port operator's pending investments being delayed by the departure of its former chairman.
OSG sells RCCL stake for $206.5m Overseas Shipholding Group has sold its 3.65m shares in Royal Caribbean Cruises Ltd at a price of $56.50 per share, raising $206.5m before tax.
Fred Olsen companies sell SAS shares TWO publicly listed companies controlled by Fred Olsen have raised a total of Nkr339m ($44.7m) from the sale of their holdings in Scandinavian airline SAS.
China-Okinawa-Taiwan services begin A CONTAINER vessel from Shanghai resumed mainland shipping services to Taiwan via a third country when it arrived at the northern port of Keelung in the early hours of March 8.
A&P chief moves on STEVE Jervis, md (operations) at UK-based shiprepair group A&P, is leaving to pursue interests outside the marine industry.
ESAL sets up Brazil-Cape Verde link UK-based European South Atlantic Line (ESAL) is to operate a monthly service from Brazil in co-operation with the Cape Verde National Shipping Line.
P&O Stena Line starts operations P&O Stena Line begins its operations today on three routes between England, France and Belgium.
Quarter of Stena's sales are duty frees SALES in duty free shops accounted for Skr2.28bn or 28 per cent of the Skr9.75bn ($1.22bn) turnover at Stena Line, the Swedish ferry group, last year.
CGM continues talks with Antilles planters COMPAGNIE Generale Maritime is still talking with banana planters in the French Antilles regarding the setting up of a subsidiary to operate services to and from the Caribbean islands.
Paradip to get ship repair facility KHODAY India, part of the Bangalore-based Khoday Group, and BCC Shipping & Ship Building of Calcutta have signed an agreement to set up a ship repair facility at Paradip.
Port Everglades bids for more boxes PORT Everglades, Florida, has made a bid to capture intermodal traffic in southern Florida by agreeing to purchase 270 acres of land next to Southport Container Terminal.
Hansaport expands bulk handling HAMBURG port terminal company Hansaport is investing Dm21m ($11.5m) to expand its bulk cargo handling equipment.
Fairplay stations first tug in Rotterdam GERMAN towage company Fairplay has stationed its first tug in Rotterdam.
P&CS touts for business P&C stevedores has moved to secure a share of the stevedoring business by writing to major shipping lines serving Australian ports, offering "fast and efficient stevedoring services which will ring major price advantages and real competition to Australia's waterfront." Company chairman Don McGauchie confirmed yesterday that letters had been sent to about 30 shipping companies requesting that they strongly consider using P&C Stevedores service.
WA opposition queries Oakajee The Western Australian opposition has repeated suggestions that the proposed private port at Oakajee, north of Geraldton will leave the state's taxpayers with a costly infrastructure bill for something that may prove to be a "white elephant". Opposition transport spokeswoman Allanah Mc Tiernan said last week's announcement of the government's decision to call for expressions of interest to build, own and operate the port had stirred up further concerns about the level of government spending on the development.
Longer trains lift NR National rail's plan to rejuvenate rail freight transport on the east coast of Australia to make rail competitive with B-double trucks has been given a boost, with the operator now using longer trains on the corridor. Following an internal review by NSW Rail Access Corporation and VicTrack into aspects of longer train running, the length of NR's Melbourne-Sydney intermodal trains were last week increased from 900 to 1300 metres.
TEL 'financially sound and has no debts' Tasman Express Line chief executive Ron Longley moved to quash rumours about his company's viability following the collapse of South Pacific Shipping. Mr Longley said on the day of SPS' liquidation, TEL terminated the time charters of its two vessels the Wellington Express and the Sydney express taking back their full operation. He added that TEL were committed to continuing the Sydney-Melbourne-South Island service in the long term.
Daewoo bags order from Wilhelmsen Wilhelmsen Lines has signed a letter of intent with Daewoo of South Korea for the construction of three ro-ro vessels, contracted for delivery in the year 2000. The ro-ros are of a new design developed by Wilhelmsen Lines in cooperation with Barber Marine Consultants, intended to facilitate the movement of a large volume of roll-on roll-off cargoes and cars. The agreement includes an option for three additional ships.
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