NYK Bulkship plans to expand 3 core activities But Asian crisis has affected shipowning, tanker and ro-ro/PCC interests to some extent
HK terminal operators reach deal on CT9 project
Four killed in collision in Straits of Malacca
Sydney port sees record volume
Air and Land Transport
Air France pilots' 10-day strike costs carrier 1b francs Strike results in 16.8% drop in domestic traffic and a 4.8% fall in int'l traffic through Paris
American Air reverses decision to raise fares
Japanese firms shift focus to parts technology in jet project
Japanese airline delays new service until Dec
Toyota, Nissan end contracts with firm in payoff scandal
Mesa Air Group president and secretary resign
Features
Deregulation on steady course Loss of business to Asian competitors cited as main reason for sticking tothe policy in time of economic hardship
Columns
EU support for Marine Casualties Code may have profound impact
NYK Bulkship plans to expand 3 core activities But Asian crisis has affected shipowning, tanker and ro-ro/PCC interests to some extent
HK terminal operators reach deal on CT9 project
Four killed in collision in Straits of Malacca
Sydney port sees record volume
Air and Land Transport
Air France pilots' 10-day strike costs carrier 1b francs Strike results in 16.8% drop in domestic traffic and a 4.8% fall in int'l traffic through Paris
American Air reverses decision to raise fares
Japanese firms shift focus to parts technology in jet project
Japanese airline delays new service until Dec
Toyota, Nissan end contracts with firm in payoff scandal
Mesa Air Group president and secretary resign
Features
Deregulation on steady course Loss of business to Asian competitors cited as main reason for sticking tothe policy in time of economic hardship
Columns
EU support for Marine Casualties Code may have profound impact
NYK Bulkship plans to expand 3 core activities But Asian crisis has affected shipowning, tanker and ro-ro/PCC interests to some extent
HK terminal operators reach deal on CT9 project
Four killed in collision in Straits of Malacca
Sydney port sees record volume
Air and Land Transport
Air France pilots' 10-day strike costs carrier 1b francs Strike results in 16.8% drop in domestic traffic and a 4.8% fall in int'l traffic through Paris
American Air reverses decision to raise fares
Japanese firms shift focus to parts technology in jet project
Japanese airline delays new service until Dec
Toyota, Nissan end contracts with firm in payoff scandal
Mesa Air Group president and secretary resign
Features
Deregulation on steady course Loss of business to Asian competitors cited as main reason for sticking tothe policy in time of economic hardship
Columns
EU support for Marine Casualties Code may have profound impact
NYK Bulkship plans to expand 3 core activities But Asian crisis has affected shipowning, tanker and ro-ro/PCC interests to some extent
HK terminal operators reach deal on CT9 project
Four killed in collision in Straits of Malacca
Sydney port sees record volume
Air and Land Transport
Air France pilots' 10-day strike costs carrier 1b francs Strike results in 16.8% drop in domestic traffic and a 4.8% fall in int'l traffic through Paris
American Air reverses decision to raise fares
Japanese firms shift focus to parts technology in jet project
Japanese airline delays new service until Dec
Toyota, Nissan end contracts with firm in payoff scandal
Mesa Air Group president and secretary resign
Features
Deregulation on steady course Loss of business to Asian competitors cited as main reason for sticking tothe policy in time of economic hardship
Columns
EU support for Marine Casualties Code may have profound impact
Kapelco in Piraeus arrest row PIRAEUS-based Kapelco Maritime Services is fighting a bid by the First National Bank of Maryland to arrest three of its bulk carriers in Piraeus.
Prescott raps P&O Nedlloyd UK deputy prime minister John Prescott yesterday attacked P&O Nedlloyd's move to sack 300 British and 30 New Zealand ratings and bring in low cost Filipino crew instead.
Record half for Mersey Docks Mersey Docks and Har-bour Company announced record half-year profits yesterday, despite some loss of cargo throughput.
Singapore takes stake in Gujarat Pipavav Port THE Singapore government, through PSA Corp, is picking up a 26% equity stake in Gujarat Pipavav Port Limited, India's first private-sector port for ocean-going vessels, writes Shirish Nadkarni, India Correspondent.
Long Beach hits record volumes WITH the Asian economic crisis driving a flood of cheap imports through west coast ports, the Port of Long Beach has posted record-breaking container statistics for the fourth time in five months.
UK seeks naval ro-ro partnership BRITAIN'S Ministry of Defen-ce is likely to invite selected shipowners to propose ways of funding four ro-ros for the Royal Fleet Auxiliary on a private/public partnership basis.
Wartsila's diesel power play FINNISH-owned Wartsila NSD Corporation has sealed a first contract in the marine market for the world's most powerful class of medium-speed diesel - the Wartsila 64 engine.
Japan action as immigrants die JAPAN stepped up patrols of ports yesterday after eight illegal Chinese immigrants died of dehydration in a container and six Chinese were saved from drowning in another entry attempt, Reuters reports.
Crowley launches Caribbean service HOUSTON-based Crowley Marine Transport has announced a new break-bulk service that will offer weekly sailings from the US Gulf to Caribbean ports.
Firmer dollar lifts Odfjell A FIRMER dollar and delivery of a newbuilding more than offset a drop in freight rates for chemical carriers for Norwegian carrier Odfjell.
FEFC hikes eastbound rates THE 14 member lines of the Far Eastern Freight Conference are to increase eastbound freight rates from October 1 as "an emergency rate restoration".
Mersey Docks considers port purchase MERSEY Docks and Harbour Company might buy another port if the price is right, according to its ceo Trevor Furlong.
Precious loss 'may be matched in second half' THAI company Precious Shipping has announced a first half loss, and is "afraid that the results for the rest of the year will not make much better reading."
Four killed in Malacca collision FOUR passengers were killed and a further four injured when a capesize bulk carrier was in collision with a ferry in the Malacca Straits.
Silja transfers Finnjet to retain duty frees SILJA Line is to transfer its Finnjet from Travem'nde to Rostock next summer to retain duty free sales and offer access to a new motorway.
Silja Line terminates Finnish contract CRUISE ferry operator Silja Line has terminated an agreement to lease a ferry terminal on the west coast of Finland.
Australian wharfie lay-offs postponed HUNDREDS of waterfront redundancies have been postponed in Australia because of a dispute over the payment of compensation to businesses hit by the Patrick/MUA dispute.
P&O Nedlloyd to cut 300 British ratings P&O Nedlloyd, the container shipping group, is to replace 330 British and New Zealand ratings with cheaper Filipino seafarers, according to UK seafarers' union RMT.
Gioia Tauro boosts Contship Italia EXCELLENT results achieved in Gioia Tauro have spurred turnover and pre-tax profit for Contship Italia, according to a spokesman for the Italian terminal operator.
MITH off the blocks TAIWANESE carrier Yang Ming Line's 1,984 teu Med Taichung has inaugurated the Mediterranean International Transhipment Hub (MITH) in Cagliari, Sardinia (Italy).
Sacked Subic Bay officials reinstated SEVENTY-FIVE officials of Subic Bay Metropolitan Authority, who were sacked in the wake of the leadership battle at the freeport, are to be reinstated.
Court orders re-auction of Romanian bulker CHENNAI High Court has ordered the re-auction of the Romanian bulk carrier Eleni, now under court arrest and languishing in the outer anchorage of the Indian port.
Profit boost for Ports of Auckland PROFITS have increased at Ports of Auckland despite the impact of the Asian economic crisis and the Australian waterfront dispute.
Konsortium-MISC deals gets official nod MALAYSIA'S Konsortium Perkapalan has received the go-ahead from the Securities Commission for the proposed disposal of its shipping business and assets to MISC.
Dole earmarks Philippines expansion FRUIT fruit trades operator Dole Asia has earmarked $30m-$40m in capital expenditure to finance expansion in the Philippines.
Le transport maritime bientôt victime de commandes spéculatives? La crise financière que traverse l'Asie, qui s'est traduite par une forte dévaluation des diverses devises, risque d'avoir de graves conséquences pour l'industrie du transport maritime en général. Il ne s'agit pas d'attirer l'attention sur les déséquilibres croissants des trafics maritimes avec les pays asiatiques concernés, situation qui coûte beaucoup d'argent aux armements, mais d'évoquer la perspective d'une situation plus grave encore, à savoir la création de surcapacités dans divers domaines du shipping. Le spectre des commandes speculatives se profile à l'horizon.
KLLM augmente le salaire de base des chauffeurs de 20% Le groupe américain de transport routier KLLM Transportation Services (Jackson, Mississippi) a annoncé qu'il va augmenter de 20% le salaire de base de ses chauffeurs dans le transport sous température dirigée long-courrier, qui est sa principale activité. Cette décision a dû être prise suite à la pénurie de chauffeurs dans l'industrie américaine du trucking, surtout dans les transports sur longues distances. L'augmentation salariale est destinée à attirer - et à conserver - des chauffeurs qualifiés.
Le groupe Pakhoed note un bénéfice record au premier semestre Pour le groupe néerlandais Pakhoed, le premier semestre se termine sur un bénéfice record de 112 millions de NLG, soit 15% de plus que les 97 millions de NLG notés l'an dernier à la même époque. Environ trois quarts des revenus proviennent d'activités en relation avec l'industrie chimique. La crise en Asie n'a pas eu d'influence négative sur les activités du groupe.
La dévaluation du rouble aura un impact négatif sur les ports d'Europe du Nord Le "Niet" de Boris Jeltsin n'aura guère pesé dans la balance: le rouble est dévalué. De combien? Au moment de mettre sous presse, nous attendions toujours des précisions à ce sujet. Ce mardi matin, le cours officiel était toujours de 6,43 roubles pour un dollar et la Banque centrale maintenait officiellement ce taux Officieusement, on avançait le taux de 9,2 roubles pour un dollar. La nouvelle parité du rouble évoluera probablement dans cette marge. Sur le plan pratique, les autorités financières russes ont annoncé un gel des dettes étrangères pendant 3 mois. Ainsi sont partis en fumée les 22 mia. de dollars que la communauté internationale avait débloqués il y a un mois à peine pour soutenir le rouble... En fait, la Russie est indirectement entraînée dans le sillage de la crise financière asiatique.
Patrick, MUA lock horns again PATRICK and the Maritime Union of Australia (MUA) were yesterday locked in discussions on the company's new enterprise agreement which holds the key to the stevedore's future. It is understood that just under a dozen issues remain unresolved, although industry sources claimed yesterday that they are quite capable of being settled. The issues can be settled, the source said, although the MUA finds it difficult to deal with the fact that it has no supporting evidence for its position in the discussions. The national secretary of the MUA, John Coombs, told DCN last week that the negotiations have hit a brick wall with the union being the only party prepared to make concessions.
P&O replaces seafarers THE DECISION by P&O Nedlloyd to replace its British and New Zealand ratings on board 19 containerships with cheaper Filipino seamen will not be taken "lying down" according to the president of the Seafarers' Union of New Zealand, Dave Morgan. Mr Morgan told DCN from New Zealand yesterday that he will be travelling to England at the end of this month on other business and will raise the issue with his British counterparts. Any response will be worked out jointly by the two unions, he said. Apart from that, Mr Morgan said he had no other comment to the news which had just been received from London. About 30 New Zealand seafarers will be affected. British seafarers will be significantly worse off with up to 300 jobs going from the 19 P&O owned containerships.
OOIL in troubled waters ORIENT Overseas (International) Ltd, the parent company of Orient Overseas Container Line (OOCL), has announced a loss after taxation of US$14.6 million for the six months ended 30 June. This compared with a profit of US$9.1 million in the corresponding period in 1997. The loss after taxation included exceptional losses of US$3 described as "re-organisational cost" for rationalisation of the agency offices in United States and a charge incurred as a result of shifting from Global Alliance to Grand Alliance. No exceptional item was recorded in the same period of 1997. "The interim operating loss for 1998, while expected, is our first since 1993 and is the result of three major events," OOIL chairman and chief executive officer, C C Tung, said.
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