Dumping fears as UK faces Korean cars flood THE UK car industry is bracing itself for a flood of South Korean imports in the wake of the Asian currency crisis, sparking fears that manufacturers have already begun to dump products on western markets.
IMF chief praises Seoul for tough economic reforms MICHEL Camdessus, managing director of the International Monetary Fund, yesterday praised South Korea for implementing a tough economic reform programme, writes Tony Gray.
California cities in Cosco project row A GROUP comprising the County of Los Angeles, the California State Association of Counties, and 117 California cities have jumped into the legal battle over development of the former Long Beach Naval Station property in the Port of Long Beach.
Oil slick closes UAE desalination plants AN oil slick from a barge which sank off Dubai last week, has forced the closure of two desalination plants in the UAE in an effort to prevent oil entering the domestic water supply.
Santos port shuttle in rapid growth FERROMAR Express, the railroad shuttle service to and from the port of Santos, has expanded dramatically in the last 12 months. The service is now daily on the back of a 140% freight handling increase.
Master picked to spearhead ITF campaign A FORMER Greenpeace master has agreed to command a vessel to be bought by the International Transport Workers' Federation, writes Bruce McMichael.
$51m Visakhapatnam plan IN an effort to improve its cargo handling and infrastructure, the eastern Indian port of Visakhapatnam is planning expenditure of more than Rs2bn ($51m) during the ninth five-year plan to 2002.
Dubai busy in offshore and tanker sectors THE offshore and large tanker market is currently dominating Dubai Drydock's orderbook.
Crew saved as bulker turns over REPORTS are coming in of a collision earlier today between a 5,995 dwt bulker and a 14,829 dwt general cargoship in the Kattegat.
Grimaldi to introduce Excellent The Grimaldi Group is to introduce its latest newbuilding, the Excellent, in the spring
Barge grounding leads to heavy oil spill A HEAVY oil spill from a barge that ran aground off the coast of the United Arab Emirates last week has brought significant pollution to local beaches and fishing grounds.
Storey appointed Maritime and Coastguard head MAURICE Storey, a director of Stena Line UK since 1990, has been appointed the new chief executive of the UK's combined Maritime and Coastguard Agency.
Trieste simplifies tug charges SHIPOWNERS whose vessels call at Treiste can look forward to a simpler method of charging for tugs.
Kvaerner Masa shuffles top jobs KVAERNER Masa-Yards has announced a management re-organisation following the appointment of Martin Saarikangas as president of Kvaerner's Shipbuilding group.
AESA newbuilding crashes into bridge THE drillship Discovery Enterprise crashed against a bridge near Ferrol in Spain early this morning after being ripped from its moorings by gale force winds.
Aker/RGI group wins MTW THE US/Norwegian owned Aker/RGI group has, subject to acceptance by the EU commission and the Mecklenberg-Vorpommern government, won the bid for the MTW yard .
Australia needs port improvements to save cargo PORT improvements worth A$52m ($40.9m) have been proposed at Port Adelaide and Port Giles in South Australia (SA) to avoid losing future cargoes.
Cosco expresses interest in Lloyd Triestino COSCO has expressed an interest in taking over Lloyd Triestino from the state owned Finmare group.
Trasmed is sole bidder for Spanish ferry routes BIDDING for ten ferry routes linking the Spanish mainland with North Africa and the Canary and Balearic Islands has ended with only Trasmediterranea putting its name forward.
Malta hopes for solution on workers debate MALTA'S prime minister, Alfred Sant, continues to hope that a solution to the issue of foreign workers at Malta Shipbuilding is close.
Italian fast ferries to start Tirrenia di Navigazione will introduce its first pair of Fincantieri-built MDV 3000 monohull fast ferries in May.
Fincantieri to invest heavily in fast ferry sector FINCANTIERI is to step up its investment in fast ferry production.
Bonus issues meeting delayed A meeting between Patrick and the Maritime Union of Australia to consider productivity bonus issues has been moved to today. The meeting which was to have taken place on Monday, was postponed in order to fit in with the schedules of all parties.
Award proposes off-pay periods A stevedore will have the right to suspend an employee without pay for a period of up to two weeks under the proposed new stevedoring industry award lodged with the Australian Industrial Relations Commission. During this period, which will be used for the purpose of disciplining the employee or while investigating any allegations of misconduct against him or her, the stevedore will not be obliged to provide the employee with work.
Townsville reopens but major links still awash Shipping movements have resumed at the flood-stricken northern Queensland port of Townsville, although authorities yesterday were concerned that the flooding could potentially force shipping activities through a lesser channel depth.
Backman leaves Scott Scott Corporation Limited managing director Ivan Backman has severed ties with the mount Gambier-based trucking group less than 18 months after joining the company. The chairman of Scott Corporation Limited Allan Scott announced in a statement yesterday that Mr Backman had "resigned to pursue other interests".
Cruising towards a record The Port of Melbourne is expecting a record year for cruise ship visits with 19 calls likely at Station pier in the 1997-98 season. Victorian Tourism Minister Louise Asher said that the arrival last week of the luxury cruise ship Seabourn Legend heralded the beginning of an exciting year for Victoria’s revitalised cruise ship tourism industry.
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