Fire drama on 'Ecstasy' UP TO 60 crew members suffered smoke inhalation when fire broke out on a major cruiseship as she sailed from Miami with almost 2,600 people on board.
Olsen unveils rig upgrade cost increases NORWAY's Fred Olsen Energy has unveiled further big increases in the cost of converting two drilling rigs at the Harland and Wolff yard in Belfast.
Cronos losses extend into first quarter US-LISTED container leasing company Cronos started 1998 with a further net loss, the company said in a statement issued in New York.
Gerrard Group chairman Brian Williamson Gerrard Group chairman Brian Williamson (above) has been appointed the new chairman of the London International Financial Futures and Options Exchange (LIFFE).
Salomon predicts profit rise for tanker sector A POSITIVE view of prospects for the crude oil tanker market has been delivered by London-based stock-broker Salomon Smith Barney in its debut research on the shipping sector.
Bremerhaven pushes box plans BREMER Lagerhausgesellschaft, the main handling company in Bremen and Bremerhaven, has asked for the rapid realisation of further expansion plans for the Bremerhaven container terminal.
US demands Ice Patrol payments THE US Coast Guard is set to demand at the International Maritime Organisation that Inter-national Ice Patrol payment agreements be changed to allow the US to recover all costs "on an equitable basis", US Congress-man Sam Gejdenson has revealed.
China strength 'helped prevent' deep recession CHINA'S economy and exports are slowing but its resilience has prevented an even deeper regional recession, James Hughes-Hallett, chair-man of the Hong Kong Shipowners' Association has claimed.
UK Coastguard detains 14 ships THE UK'S Maritime and Coastguard Agency today announced that 14 foreign ships were detained in June after failing port state control inspections.
Singapore's MPA signs science deal SINGAPORE'S Maritime and Port Authority has signed a deal with the Tropical Marine Science Instituteto assess various issues, including the Evoikis oil spill.
FESCO makes unexpected Pacific move FESCO has caught the Blue Star-Columbus Line-ANZDL alliance unawares with the introduction of two 1,748 teu newbuildings.
Carnival cruiseship fire under investigation A FIRE on board Carnival's 1991-built Ecstasy yesterday evening is under investigation by authorities in Miami.
Marseille/Fos to double throughput FRANCE'S largest port, Marseilles/Fos, is confident it will double its current container traffic to about 1.2m teu by 2004.
NCLH launches US listing drive NCL Holding, the Oslo-based parent of NCL Cruises, has filed registration documents with the Securities and Exchange Commission in order to list the company in the US.
Codes 'blind managers' to clients' needs SHIPMANAGERS' growing preoccupation with compliance to a plethora of codes can blind them to the individual needs of their clients, according to Barber International.
MUA warns that Patrick settlement could collapse AUSTRALIA'S principal competition watchdog remains at loggerheads with the MUA, threatening a second mass wave of sackings of wharfies.
EU delegation to confront Brazil A DELEGATION from the European Union will visit Brasilia on July 29 to discuss reservations concerning Brazil's second register, the Registro Especial Brasileiro.
Texas City plans new terminal A FEASIBILITY study commissioned by municipal authorities in Texas City, located south of Houston, has revealed the potential for the port to build a container terminal.
Manila port state detains Philippines' vessel PORT state control inspectors in the Philippines have detained the Philippine-flag Golden Dragon after discovering the crew had no approved employment contracts.
Philippine court rules against Gordon OLONGAPO Regional Trial Court has ruled against the petition of Subic Bay Metropolitan Authority chairman Richard Gordon.
Senate committee votes today on subsidies THE US Senate Finance Committee will today vote on the OECD shipbuilding subsidy agreement.
Positive performance for Hansa Mare GERMAN ship finance company Hansa Mare Reederei has reported a positive result for 1997 in the face of reduced tax cuts in Germany for investors.
De Jong succeeds Wade at LR WILLEM de Jong has taken up the position of md of the Marine Division at Lloyd's Register following the retirement of Chris Wade.
Barcelona rail link closes TCC Sea Train, which was formed to establish a container rail link between Barcelona and Madrid, is being dissolved two years after being set up.
NR arbitration process known soon The commonwealth, Victorian and NSW governments will soon decide on who will conduct the process of formal arbitration required to resolve the last remaining major issue blocking an agreement on the sale of NR. Following Transport Minister Mark Vaile's announcement on Monday that a process of formal arbitration would be entered into -- over the fate of Melbourne's South Dynon terminal -- a ministerial spokesman said the three shareholder governments would now decide whether a single person or representatives from each of the three state governments would be appointed as arbiters.
P&CS goes west, MUA claims The Maritime Union of Australia yesterday said it was preparing for a new battle, claiming that a company employing defunct P&C Stevedores labor will bid for work in the West Australian port of Geraldton. Earlier this month, the Geraldton Port Authority announced it would outsource all stevedoring work, with preference to companies using individual contracts (Australian Workplace Agreements). The MUA alleges that a new company, identified as CDF Australian, was registered three weeks ago and comprises the core workforce of P&C Stevedores, including some of those who were to be trained in Dubai.
Westrail defends sale options Westrail yesterday defended its decision to consider all possible options for the privatisation of its rail business, including an option to include the Perth to Kalgoorlie section of the interstate track in the sale package. A Westrail spokesman insisted that its sale as a vertically-integrated railway was just one of the options being considered in the independent consultants' scoping study into the sale of the state-owned railway.
NQ Direct frequency, speed increased National Rail and Queensland Rail are now operating the NQ Direct fast train service five days a week and with faster transits. As it carries mostly temperature-sensitive goods destined for NSW and Victorian produce markets, the service has been speeded up for scheduled arrival at Sydney's Chullora terminal near the Flemington markets at 1am, and in Melbourne at 8pm the same day, in time for the next day's morning markets.
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