Evergreen plans box terminal at Taranto EVERGREEN is planning an initial investment of around Lire90bn ($50m) in a new dedicated Mediterranean container transhipment hub at Taranto in southern Italy.
Two Shell tanker crew shot in Santos port pirate attack TWO British crew members were shot and injured in a piracy attack on a Shell oil tanker at the Brazilian port of Santos on Friday.
Marine firms take a hammering FROM shiprepair to tanker operating, from shipbuilding to logistics providing, most publicly listed maritime stocks across Asia have taken the hammering of their corporate lives in the past couple of months.
Green light for Enron in Kerala THE Kerala state government has cleared the entry of US-based multinational Enron Power Energy Corporation into the state, writes Shirish Nadkarni, India Correspondent.
LPG carrier rates may rise 50% claims report FREIGHT rates for the 800-strong fleet of liquefied petroleum gas (LPG) carriers could soar 50% by 2003, a new report from Drewry Shipping Consultants has claimed.
Premier plans $160m junk bond issue MIAMI-based Premier Cruises is planning a $160m junk bond issue this month, to be priced by Donald Lufkin and Jenrette prior to a public flotation later in the year.
The New Inquisitors, or the rule of the Director-Generals HISTORY sometimes repeats itself as farce. Europe has given the world many wonderful things. Among the less wonderful ones, in approximate historical sequence, were the Inquisition in Spain, the rule of the major-generals in England, the committee of public safety in France and twentieth century horrors far worse than these.
Bureaucracy that could be a policy too far THOSE of us with a healthy dread of bureaucracy tend to break out into a cold sweat at the mere mention of expressions such as "Interim Rule CGD97-067".
Reith opens up new front with hold-cleaning attack The federal government has accused the Maritime Union of Australia of being involved in the "extortionate practice of hold cleaning" while the Australian Competition and Consumer Commission has confirmed that it is investigating the practice.
Wilhelmsen speeds north European schedule Wilhelmsen Lines is claiming fastest transits from Melbourne and Sydney to north Europe will follow the reversal of its Australian East Coast ports rotation to take effect next month.
MPC presses on with plan for third terminal The Melbourne Port Corporation has commissioned an engineering feasibility study into a possible third container terminal for the port, despite facing continuing Supreme Court action by both P&O Ports and Patrick to prevent such a development.
Bunbury AWAs get go ahead The Bunbury Port Authority’s introduction of workplace agreements for new port workers has proceeded without incident, despite a threatened backlash from the Maritime Union of Australia.
Work must continue, stevedores say The simplified stevedoring award being proposed by waterfront employers pays particular attention to the avoidance of disputes procedure, stressing that work must continue while attempts are made to resolve grievances.
Air freight boost for Victoria Victoria is preparing for a significant ramp up of air-freighter services and air cargo traffic next month when two new independent cargo operations commence landmark services in the state.
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