EU breakthrough on duty-frees OPPONENTS of plans to end duty-free sales in the European Union won an important breakthrough yesterday when transport ministers from most of the 15 member states called for a study of the social and economic implications of abolition.
Lloyd's 1995 profit just below forecasts LLOYD'S yesterday announced an overall profit for the 1995 year of account of '1.156bn ($1.9bn), slightly below the optimistic forecasts made over past weeks.
Tasman freight rates to rise FREIGHT rates on the Tasman are likely to rise following the demise of South Pacific Shipping, the head of one of the trade's dedicated operators has forecast.
Maputo sell-off hangs in balance TENDERS for the privatisation of Maputo port in Mozambique are in the process of being adjudicated, but indications are that they may not meet the expectations of government-owned port and rail operator, CFM.
Epitaph to an Eagle that crash-landed THE epitaph on the tombstone of giant naval construction-oriented Newport News Shipbuilding's attempt to re-enter the commercial newbuilding sector consists of just six words: "Quite bluntly, it has not worked!"
Van Ommeren sells 25% Hvide stake to Newport DUTCH tank storage to shipping group Van Ommeren is selling its 25% interest in Hvide Van Ommeren to Newport News Shipbuilding, writes Alan Dickey, Netherlands Correspondent.
A&P Tyne optimistic over RFA orders BRITISH company A&P Tyne is confident of success in bidding for multi-million pound orders from the Ministry of Defence which would create hundreds of new jobs. The Tyneside yard, which is already completing a '6m ($9.8m) contract to refit the Royal Fleet Auxiliary vessel Fort Austin, is hoping to secure two more RFA contracts.
ONGC project boost for Cochin Shipyard INDIA'S Cochin Shipyard has enhanced its credentials in the offshore repair and conversion sector with the repair and upgrading of Oil and Natural Gas Corporation's mobile offshore drillship Sagar Vijay, writes Dale Wainwright.
Two killed, one missing in engineroom blast TWO seafarers have been killed, one seriously injured and another reported missing following an engineroom blast on a handysize general cargoship near Bangkok earlier today.
Singapore unveils new electronic navaids MARITIME and Port Authority of Singapore today unveiled a new Electronic Navigational Chart (Singapore ENC).
Intertanko welcomes drop in reinsurance costs INTERTANKO has welcomed a fall in reinsurance costs of more than 18 per cent for the 1998/99 underwriting year.
French yard wins four-ship order from Celebrity CHANTIERS de l'Atlantique has won an order from Royal Caribbean Cruises Ltd for four 'Millennium'-class cruiseships.
Newport News buys control of Hvide Van Ommeren NEWPORT News Shipbuilding has eased its withdrawal from commercial shipbuilding by acquiring Van Ommeren's 25 per cent stake in Hvide Van Ommeren
Frontline disappoints market FRONTLINE'S reported net profit of $17.4m for 1997 has failed to meet the expectations of the Oslo stock market.
PDV Marina averts strike with doubled wages PDV Marina has acceded to union demands and more than doubled the salaries of 420 seamen, averting a strike that had been threatened to start yesterday.
Costs spiral at Ennore port project ESTIMATED costs of the Ennore port project have surged nearly 50 per cent according to the Chennai Port Trust.
Cory wins Venezuelan tug contract CORY Towage has been awarded a new contract to provide towage and fire fighting services at Venezuelan ports.
Newport News abandons commercial shipbuilding NEWPORT News Shipbuilding has announced that it is to withdraw from commercial vessel construction.
American Classic plans expansion AMERICAN Classic Voyages has hinted it might be ready to acquire more tonnage.
Union-free ports 'will be the rule', says Reith BY the end of 1998, union-free ports in Australia will be the rule rather than the exception, according to maritime reform minister Peter Reith.
World Bank to aid Indian tariff research The World Bank has sanctioned $733,000 in assistance to India's Tariff Authority for Major Ports (TAMPS) to conduct research into the formation of port tariffs.
Cunard bid unconfirmed REPORTS of a $500m bid by investment bank Donaldson Lufkin & Jenrette for Cunard Cruise Line remain unconfirmed.
Royal Caribbean seeks Miami refit ROYAL Caribbean Cruise Line is in talks with the Port of Miami to renovate some of the port's terminals and increase its capacity.
Ulstein to buy US propeller manufacturer ULSTEIN Marine Industries has agreed to buy the US propeller manufacturer Bird-Johnson.
Hamburg-Süd introduces MaxCube integrals HAMBURG-SÜD has introduced a series of 40 ft high-cube reefer containers which offers the world's largest interior reefer capacity.
CMR wins MSC repair work GENEVA-based MSC is to drydock three 1,000 teu containerships at the CMR repair yard in Marseilles, now controlled by the Swiss firm Marinvest.
Lloyd Werft redelivers lengthened cruiseship NCL Cruises has taken delivery of the cruiseship Norwegian Wind after it was stretched at Lloyd Werft in Germany.
"Le client n'est pas toujours roi, le transporteur doit pouvoir dire non" Le client est-il roi? La question a été largement abordée au cours de la séance d'ouverture de la SITL. Constatant que l'on est passé d'une société de production à une société de consommation, plusieurs intervenants ont observé que cette mutation a fait en sorte que le consommateur est devenu plus exigeant en matière de qualité, de flexibilité et de ponctualité à l'égard des producteurs et, par ricochet, à l'égard des transporteurs. Ceci peut mener, dans l'état actuel du marché (caractérisé par un déséquilibre de l'offre et de la demande), à des abus. "Non, le client n'est pas toujours roi. Il faut parfois oser dire non. Il y a des limites", a indiqué un consultant en transport dans la salle.
L'UE refuse de payer l'entretien de toute l'infrastructure routière suisse Comme prévu, les ministres européens du Transport n'ont pas approuvé le projet d'accord concernant le transit routier par la Suisse. Tous les Etats membres sans exception doutent de la justesse du relevé présenté par la Suisse au commissaire européen aux Transports Neil Kinnock sur les coûts d'entretien annuels de l'infrastructure routière, sur laquelle est basée la proposition d'un péage de 200 ECU par trajet pour les poids lourds de 40 tonnes. L'UE réclame des chiffres objectifs.
Sabena poursuit l'assainissement de ses comptes Le groupe Sabena a présenté ses résultats hier mardi. La "bonne surprise" annoncée il y a quelques semaines par Paul Reutlinger se confirme, puisque le résultat courant de l'année 1997 est positif de 9 millions de BEF, contre une perte de plus de quatre milliards en 1996. Toutefois, le résultat d'entreprise du groupe, après charges exceptionnelles de 2.523 millions, est négatif de 2.514 millions (contre - 8.867 mio. en 1996).
Marseille entend corriger le tir "Dans le cadre d'InterMed, un GIE constitué par les ports de Marseille, Gênes et Barcelone, nous allons rencontrer pour la troisième fois le commissaire européen au Transport Neil Kinnock au sujet du Livre vert sur les ports et les infrastructures maritimes. Cette nouvelle rencontre aura lieu à Barcelone et nous sommes bien décidés à ne pas nous laisser faire. L'Europe portuaire et la politique qui s'y rapportera, ne se feront pas sous la conduite des ports du Nord. Nous ne sommes pas des ports régionaux, il faut bien le réaliser." C'est ce que nous a déclaré Henry Roux-Alezais, président du PA de Marseille-Fos, lors d'une manifestation organisée sur le stand qu'anime son port à la Semaine Internationale du Transport et de la Logistique, qui se tient ces jours-ci à Paris.
Patrick warns employees: your future is under threat Patrick yesterday warned employees that their unions were drawing them and the company into what it described as "a serious commercial situation" A letter to employees signed by Patrick director Bill Clayton appears to be a warning that the company's very existence was at stake, claiming that "the contractual arrangements we need for our current and future existence re under severe strain and threat".
Van Onselen leads consortium in V/Line Former V/Line Freight managing director Marinus van Onselen has emerged as the lead figure of the powerful Freight Victoria Ltd consortium bidding for the V/Line Freight business, which is to be sold off by the middle of the year. The Melbourne-based consortium which has the primary aim of bidding for V-Line Freight Corporation, comprises heavyweight backers - Macquarie Bank, Rail America and Serco.
Pilots face conflicts - Hirst The decision of some Australian port authorities to contract out for pilotage services had led to some pilots having difficulties reconciling their professional needs with those of the firms that employ them, according to the executive director of the Australian Association of Port Marine Authorities, John Hirst. He said the relationship between the pilotage company and the port authority needed to be that of any principal and contractor who would work towards a common goal.
Cho Yang looks for Australian growth Cho Yang Line's managing director for liner trades, Joung-Boo Shin, reaffirmed the line's commitment to the Australian trade on a recent visit to Sydney. Mr Shin, who was in Australia primarily for discussions with partners Blue Star Line and Maersk said the company had expanded the range of ports it offers to Australian shippers to include ports in north China and Taiwan.
Brisbane to triple air freight Brisbane Airport Corp Ltd which took over ownership of Brisbane Airport last July, yesterday launched a master plan aiming to more than triple the amount of airfreight handled at the airport over the next 20 years. The corporation also proposes to triple the airport's passenger traffic by the year 2018, and build another runway in the next decade enabling it to introduce a parallel runway system providing takeoffs and landings over the bay.
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