P&I clubs call for more dialogue THE International Group of P&I Clubs has made a plea to the European Commission's Competition Directorate for further dialogue and discussion on the Commission's objec-tions to the workings of the group.
Shell in $1bn Mexican Gulf boost DEEP water oil and gas development in the Gulf of Mexico is to be given a $1bn boost by Shell Oil, which plans to develop three new fields with reserves of over 300m barrels.
Strait talking warms waters NARROW commercial imperatives have taken centre stage in cross-strait shipping talks and the momentum appears likely to usher in warmer relations between Beijing and Taiwan.
Attitudes change in Sino-Korean shipping sector SINOKOR, the oldest of the Chinese-South Korean joint shipping ventures, closed its doors in November 1997 by mutual agreement, writes Matthew Flynn.
Newport News move 'not death-knell' SINCE last week's surprise Newport News Shipbuilding announcement that it will abandon merchant shipbuilding by June 1999 after having lost more than $300m in a three-year effort to re-enter the market, pessimists have insisted that the large, US Navy-oriented yard's failure proved the US was incapable of recapturing anything near its earlier prominence in merchant shipbuilding.
Legal challenge follows Le Havre tanker arrest THE Latvian Shipping Company-owned tanker Dubulti has been arrested in the French port of Le Havre in the latest row between the Gdansk Shipyard and the shipowner.
Connecticut is the friendly place to be TODAY sees the opening of the Connecticut Maritime Association's annual shipping conference and exhibition. In an industry not starved on conferences and meeting places, the Connecticut event nonetheless stands amongst the best in attracting a high calibre of visitors - many at senior or chief executive level - and it is a tribute to the prestige that the association has attracted to itself.
Higher return for marine syndicates MARINE syndicates in the Lloyd's market achieved a return of 21.5% - the highest return for any sector - for the 1995 year of account, according to Syndicate Underwriting Research.
End action and stalemate ends, Patrick tells union An end to the current stalemate at Patrick's Botany Bay terminal can be achieved swiftly as long as the maritime Union of Australia agrees to the lifting of all bans and limitations, Patrick director Bill Clayton told DCN. Mr Clayton said if bans and limitations were lifted the workers could be paid which could in turn avert further industrial action.
ITF circulates 'hit list' In an apparent attempt to prove that it is not a "paper tiger" as claimed by the Australian government the International Transport Workers' Federation has drawn up details of international shipping schedules for the port of Melbourne which have been circulated worldwide. "The purpose of this information is for the time being to give you an insight into ship movements in the port of Melbourne," a covering letter from ITF assistant general secretary of the ITF and secretary of the docker's section Kees Marges said.
Ports, shipping face park challenge Last week, the issue of the environment hit the ports of Melbourne and Geelong head on, with the tabling of the Marine Coastal and Estuarine Investigation Interim Report in the Victorian Parliament. Prepared by the Environment Conservation Council, at the request of the Minister for Conservation and land Management, Marie Tehan, the interim report recommends establishing a new 17,453-hectare marine park across the heads at the southern end of Port Phillip Bay - including Melbourne's shipping channels.
Report raises fears Plans to develop a Port Phillip Heads marine park inclusive of shipping channels have brought mixed reactions from affected bodies, with the issues of future channel deepening and general dredging causing most concern. A Victorian Channels Authority spokesman said "The VCA has provided input into the development of the Port Phillip heads Marine Park. It has however identified some area of concerns in the interim report. The VCA intends to seek clarification on a number of points and will be making a formal submission to the Environment Conservation council during their preparation of the final report."
Port group wins Hobart airport The Hobart Ports Corporation is the major shareholder in the consortium which the commonwealth announced of Friday had successfully bid $35.9 million for the long-term lease on Hobart International Airport. Jointly announcing the deal, federal ministers John Fahey and Mark Vaile said the long term shareholding was intended to be 30 per cent held by AGI with the remainder being offered initially to Tasmanian institutions.
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