Strike disrupts Channel ferries STRIKE action at the ports of Boulogne and Calais over the abolition of duty-frees and the liberalisation of cabotage caused widespread disruption to cross-Channel services yesterday.
SeaCon box link nears fruition A NEW giant container leasing alliance of GE Capital and Sea Containers should be completed next month. GE SeaCo, which has ambitious growth plans, expects to receive regulatory approval in a month. The company has earmarked $200m for expanding its fleet of 1.1m teu.
Holyman renames new businesses in shake-up FOLLOWING a major reshuffle of its board last week, Holyman Limited has renamed the three businesses it acquired from the Union Shipping Group.
Japan yard orders decrease by 64% ORDERS for the construction of vessels at Japanese shipyards fell by around 64% in February, compared to the same month last year according to the Japan Ship Exporters Association, writes Kazuo Takita, Tokyo Correspondent.
Ramos considers plans for Philippines maritime university THE Philippines is in the process of establishing its first maritime university, to be known as the Asian Maritime University.
US maritime chief praises subsidy move JOHN Graykowski, the acting US maritime administrator, has credited the country's $1bn ('610bn), 10-year Maritime Security Programme subsidy scheme with halting the flagging out trend of America's rapidly-diminishing merchant fleet.
OOCL's profits slump ORIENT Overseas (OOCL)1997 pre-tax profit slumped by 72% to US$26.5m due to reduced operating income and much lower exceptional items.
Gaudio resigns from top post at Coeclerici COECLERICI Group manag-ing director and general manager, Teresio G Gaudio, has resigned and is to leave the group in the next few months. According to Paolo Clerici, the main shareholder, chairman and chief executive officer, Mr Gaudio will not be replaced.
Shipbrokers apply for rule change THE Institute of Chartered Shipbrokers is to apply to the UK's privy council for bye-law change to admit overseas members to council.
Kvaerner Kleven wins AHTS vessel order KVAERNER Kleven shipyard has been awarded a $27m contract to build an anchor handling tug and supply vessel for Norway-based Havila Shipping.
Scandlines doubles Sweden-Latvia capacity SCANDINAVIAN ferry operator Scandlines is to double the roro capacity on its Amber Line freight route between Karlshamn in Sweden and Liepaja in Latvia.
Carnival reports continuing strong demand CARNIVAL Corp has reported continuing strong demand for berths on its cruiseships, which led to higher revenue yields and increased profits in the first quarter of the year.
Sydney rejects "worst port" jibe THE Sydney Ports Corp has rejected claims that Port Botany is the "worst port in the world".
Helsinki to build new passenger terminal HELSINKI port is to build a passenger terminal in the North Harbour, ahead of the introduction later this year of two 440-passenger ropax vessels by Finnlines.
Intertanko welcomes EU ports paper INTERTANKO, the independent tanker owners association, has welcomed the publication of the European Commission's Green Paper on Sea Ports and Maritime Infrastructure.
SCI invites bids for newbuildings SHIPPING Corp of India is planning to invite seven shipyards to submit bids to build six 1,900 dwt combi vessels.
New Nafta service inaugurated ANOTHER NAFTA maritime link between the US and Mexico was opened yesterday when a roro vessel arrived at Mobile, Alabama.
Vancouver claims drug bust success DRUG busts on the Vancouver waterfront are up and customs officials attribute their success to the fact that they are working smarter and putting new technology to work.
Car exports boost to Ugland CARS and reefer shipping company Ugland International more than quadrupled pre-tax profits to '13.3m ($22.2m) last year.
$115m loans for Pipavav port INDIA'S Pipavav port is receiving $115m of loans to fund infrastructure and cargo handling improvements.
Oslo tax break attracts food group NORWEGIAN food processing and brewing group Orkla is to set up a shipowning company to benefit from the favourable tax position on offer for the country's shipowners.
Third Latvian vessel arrested in France A THIRD Latvian Shipping Co vessel has been arrested in Le Havre as security for Gdansk Shipyard's claim against the owner.
Ferries diverted to avoid French port strike CLOSURE of French channel ports today has forced P&O Stena Line and Hoverspeed to divert sailings.
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