IMO demands new safety action INTERNATIONAL Maritime Organisation secretary general William O'Neil has called for renewed commitment from the shipping industry and governments to close the many holes still evident in the ship safety fabric.
Mercur Tankers looking to diversify NORWAY's Mercur Tankers, owner of the world's largest tanker Jahre Viking, is considering diversifying into the ro-ro and dry cargo sectors.
Clarkson gloomy on profits PROFITS look set to fall this year at Horace Clarkson, one of the world's leading shipbrokers, as the Asian economic crisis and the strength of sterling take their toll.
MISC result lower than expected MALAYSIAN International Shipping Corporation has announced pre-tax profits for 1997 of Ringgit538.69m ($140m), ending speculation that the results would be nearer Ringgit700m.
China steel mills in bid to beat imports CHINESE steel-makers have drawn up investment plans to produce top quality steel plate for domestic shipyards with the aim of displacing all imports by 2005.
Oslo port gears up for rise in cruise traffic OSLO port is gearing up for a busy cruise season, with 100 vessels already having confirmed calls. This represents a 23% improvement over last year's 81 calls.
Sydney strike forces boxship diversions AUSTRALIAN container cargo began to back up at Sydney and incoming ships were diverted yesterday as Australian dock workers began a seven-day strike at Australia's second busiest port, Reuters reports.
Panama office for Philippines PANAMA is establishing a maritime regional office in the Philippines to expedite licensing of seamen from the region for Panamanian-flagged vessels.
Mahathir denies bailing out son's company MALAYSIAN prime minister Mahathir Mohammed yesterday denied, in parliament, that he bailed out Konsortium Perkapalan, the shipping company headed by his son.
Australia's Asian trade 'will plummet' AUSTRALIA'S reefer and livestock trades with Asia will plummet next year because of Asia's economic slowdown, according to new data.
Shippers' leader condemn Patrick AUSTRALIAN shippers' leader, Frank Beaufort, has told exporters to boycott terminals operated by Patrick and use P&O Ports terminals instead.
Wallenius orders pctc WALLENIUS Lines has ordered, from Daewoo in South Korea, a 22,800 dwt pure car and truck carrier (pctc), with capacity for 5,850 cars.
Call for action on HK's CT9 THE Hong Kong Shippers' Council (HKSC) has urged the government to proceed quickly with the Container Terminal 9 (CT9) project.
LR chairman calls for fewer class societies LR chairman Patrick O'Ferral called for fewer classification societies in a speech at the Shipping 98 conference in Connecticut yesterday.
One-off gains boost Pacific Carriers SINGAPORE-based dry cargo operator, Pacific Carriers, recorded an 85 per cent jump in full year net earnings after extraordinary gains on foreign exchange and vessel sales.
Mumbai strike enters seventh day A STRIKE at Mumbai, India has entered its seventh day and is expected to cost the port $50m.
Hitachi Zosen heading for loss JAPANESE shipbuilder Hitachi Zosen Corp is forecasting a consolidated net loss of ¥14bn ($107m) for the year ending March 31
Singapore launches new bunker test SINGAPORE'S regulatory port authority MPA will introduce a Bunker Quality Inspection System on April 1.
Rothschild to fix $1bn loan for Halla INVESTMENT bank Rothschild has agreed to secure $1bn in a short-term bridging loan for South Korea's troubled shipbuilding conglomerate, the Halla Group.
Atlantic Marine to name partner ATLANTIC Marine, the US shipbuilder and repairer with yards in Jacksonville and Mobile, is in the final stages of talks with a potential partner.
More countries cut oil exports NINE oil producing countries have joined Saudi Arabia, Venezuela and Mexico in slashing their oil exports until the end of the year.
New oil depot opens in the Philippines US-BASED bunkering firm Coastal Corporation and the Petroleum Authority of Thailand have opened the largest oil depot in the Philippines.
Sydney strike will cost Patrick $3.3m AUSTRALIAN stevedoring company Patrick estimates it will lose A$5m ($3.3m) as a result of a seven-day strike which started today at its Port Botany container terminal in Sydney.
ANL to be sold by end-June AUSTRALIA'S government is sifting through international expressions of interest in acquiring ANL, which the government aims to sell by the end of June.
Les NS soutiennent le tracé original du Rhin d'Acier Dans une lettre adressée à l'échevin du port d'Anvers Leo Delwaide, le président des chemins de fer néerlandais Rob den Besten apporte son soutien à la réactivation du Rhin d'Acier. Une étape assurément importante vient ainsi d'être franchie. Reste encore toutefois le problème de la zone de silence à régler à l'est de Roermond. Une solution juridique existe, en ce sens que le droit international prime sur le droit environnemental national... Mais il faut la volonté politique de l'appliquer. A la veille des élections nationales, c'est hautement improbable.
Nirint Shipping veut renforcer sa position sur Cuba "L'objectif est d'incorporer le plus rapidement possible l'escale d'Anvers dans la rotation du service de Nirint sur Cuba", souligne Kenji Kubo, le manager de la firme Waterfront Shipping, qui représentera à partir du 1er avril prochain l'armement néerlandais dans le port scaldien. Nirint offre un service régulier indépendant à destination de la plus grande île des Caraïbes.
Belgavia reprend les activités de handling de Sabena à Ostende Dans le cadre d'une conférence de presse donnée par Belgavia à l'aéroport d'Ostende, les responsables de la société ont annoncé que leur compagnie avait repris les activités de handling - fret et passagers - de Sabena à Ostende.
Ford puts B-triples on the road for testing As part of an effort to reduce diesel consumption, Ford Motor company recently began trials of two B-triple trucks for transporting components between its Victorian Broadmeadows and Geelong manufacturing sites. In August the Victorian government announced it would allow B-triple trials on selected duplicated routes "following the successful and safe operation of B-doubles on Victorian roads since the early 1990's."
APSA 'a mailbox' says Reith The federal government's handling of the waterfront crisis was questioned yesterday by the executive director of the Australian Peak Shippers Association, Frank Beaufort. Asked about Mr Reith's comment that he was "a very small post office box minority when it comes to the demand in the Australian community for waterfront reform," Mr Beaufort said he would not be surprised by anything the Minister said.
Report: Cyclone precautions inadequate A proper appraisal of the possible movement of cyclone Justin and timely action to avoid encountering it were major contributing factors in The Australian-flagged oil tanker Osco Star receiving major engine damage in the Coral Sea last year, according to the official report on the incident. The report by the Marine Incident Investigation Unit of the Department of Workplace Relations noted that after being caught in Justin's full fury, seawater flowed into the emergency generator room causing electrical failures, which in turn led to a loss of lubricating oil and major damage to the engine.
NR to give B-doubles a run for their money The rail freight industry's bid to tackle B-double trucks on the competitive east coast corridor was boosted yesterday with NSW rail track landlord Rail Access Corporation announcing that NR had gained approval to run trains up to 2000-metres long in NSW. Following an internal review into aspects of longer train running including braking, signalling and train handling, RAC announced that train lengths would increase by up to 67 per cent compared with previous limits of 900-metres.
Hobart Port sees airport synergies The Hobart Port Corporation will seek to maximise the potential its major shareholding in Hobart Airport presents to more efficiently utilise some of its port facilities chief executive Chris Drinkwater said yesterday. He said the synergies existing between port and airport operations was a key factor in the board's decision to become the majority shareholder in Hobart International Airport Pty Ltd, the consortium which was awarded the long term airport lease by the federal government on Friday.
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