V Ships in Celtic takeover talks Monaco-based V Ships is in takeover discussions with leading independent shipmanager Celtic Marine, in a move which could see the creation of the biggest and strongest shipmanagement company in the world.
US proposes new harbour fee system THE Clinton Administration has proposed scuppering the entire Harbour Maintenance Tax regime and replacing it with a tiered user fee scheme whose highest rates would be for container and general cargoships.
Abolition of duty-free takes its toll at Stena DEBATE and discussion surrounding the abolition of onboard duty-free sales within the European Union from next year are likely to intensify following Stena Line's management shakeout.
Storms create havoc around the world MILLIONS of people - from central China to the Carolina coast - were bracing themselves for yet more floods, storms and hurricanes as Lloyd's List went to press.
ITOPF extends membership to include non-tanker vessels ASSOCIATE membership status is to be offered by an organisation that provides tanker owners with technical advice to the operators of other types of ship.
Med-Czech rail link INTERCONTAINER-INTERFRIGO is holding talks with Czech rail operator CSKD-Intrans about developing block train links to the emerging Mediterranean hub ports of Gioia Tauro and Marsaxlokk, writes Karen Thomas.
P&I clubs optimistic about European Union inquiry INTERNATIONAL Group P&I clubs are optimistic about the European Commission's inquiry into the workings of the group, particularly the International Group Agreement (IGA), Lloyd's List has learned.
Four groups vying to buy Brazil's port of Sepetiba Four groups are interested in the privatisation of the Brazilian port of Sepetiba, according to the Rio de Janeiro port authority.
Police reinforced as Subic tension heightens MORE police are being deployed at the Subic freeport in the Philippines as tension heightens.
Zim cuts second quarter losses ZIM Israel Navigation, the Haifa-based containership operator, managed to restrict losses in the three months to June 30 to $3.3m, compared with a deficit of $10.9m last year.
Shell chief warns on oil price LOW oil prices may last for a long time, according to Royal Dutch Shell group md Phil Watts, speaking at an oil conference in London today.
Panama appoints canal administrator PANAMA Canal Commission's current administrator, Alberto Aleman Zubieta, has been appointed as the first administrator of the Panama Canal Authority.
Weak bulk market hits Jinhui THE weak dry bulk market has hit the profitability of Jinhui Shipping, the Hong Kong-based bulk shipping company listed on the Oslo stock exchange.
WABO appoints Acomarit OBO operator WABO has appointed Acomarit UK as the new manager of its fleet following the termination of a management contract with Tschudi & Eitzen.
Australian report targets crew safety A PARLIAMENTARY report has recommended action be taken by Australia to ensure the safety of crews working on ships in national waters.
Elite warns of fleet write-down ELITE Shippping has warned of a deeper than forecast full year loss and says it may have to write down the value of its fleet in the second half in the wake of the Asian crisis.
AMSA probes Queensland oil spill AUSTRALIA'S Maritime Safety Authority has taken oil samples from three ships in Queensland ports following a recent 10 km-long oil spill in Whitsunday Passage.
Mersey backs Mombasa terminal UK'S Mersey Docks and Harbour Company has invested $2m in a partnership arrangement with a Kenyan company to dvelop a $32m bulk grain and fertiliser terminal in Mombasa.
Ems river project boost for Meyer yard A PROJECT to build a lock and dike system on the river Ems in north Germany has been approved, much to the relief of shipbuilder Meyer Werft.
Australian coal exports rise AUSTRALIAN coal exports have grown by 12 per cent since 1996-97, according to government figures.
Cruise line shortlists US builders AMERICAN Hawaii Cruises has shortlisted three US yards to build two 1,900 passenger capacity cruiseships.
Hamburg-Süd completes South Seas purchase HAMBURG-Süd has completed the acquisition of the liner activity of South Seas Steamship from Thor Dahl Shipping.
Panama lake levels back to normal WATER levels have returned to normal in watershed lakes of the Panama Canal after reaching critically low levels during the height of the El Ni'o phenomenon.
Barge blocks San Juan port A GRAIN barge that ran aground in the entrance to San Juan Harbour in Puerto Rico last weekend continues to delay traffic moving into the port.
'Jury still out' on Patrick changes The Maritime Union of Australia will fully cooperate with Patrick in the implementation of its new industrial agreement, final words of which were being hammered out in Sydney yesterday. This was claimed yesterday by one of MUA's national organisers, Mick O'Leary, who spoke at a luncheon meeting of the New South Wales branch of the International Cargo Handling Coordination Association. Mr O'Leary, who stood in for the union's national secretary, John Coombs, said that while between 500 and 600 members of his union would be leaving Patrick, the stevedore's management would remain virtually unchanged.
Focus on 'culture of safety': SoS report Despite a marked improvement in the quality of vessels, particularly bulk carriers, visiting Australia over the past six years, the Parliamentary 'Ships of Shame' committee is still deeply concerned about the treatment of seafarers on some of those ships. Releasing the latest 'Ship Safe' report yesterday, the chairman of the Standing Committee on Communications, Transport and Microeconomic Reform, Paul Neville, said that while a culture of safety was developing within the industry, further major improvements were required.
Keep rail out of NRTC: Hicks National Road Transport Commission chairman Stuart Hicks yesterday rubbished commonwealth proposals to incorporate rail within the responsibilities of the commission. Addressing the Freight Transportation conference in Sydney yesterday, Mr Hicks said the creation of a National Land Transport Commission would hinder trucking reforms. He also argued that a parallel rail organisation to the NRTC would not work. The push for the creation of a regulatory body to manage the reform agenda for both road and rail sectors strengthened this month, with the commonwealth's rail inquiry recommending that the federal government establish a NLTC.
Three spills have Qld angry The old adage 'trouble comes in threes' has come home to roost in Queensland, which is now suffering from its third oil spill in a week. The new spill, discovered on Tuesday afternoon, south of Cairns near the Frankland Islands, is spread over an area of 300 metres by 50 metres. It appears that the oil had been in the water for several days and was already breaking up. Aerial surveillance of the spill showed it was made up of hundreds of tar balls varying in size from a 20 cent piece to one metre in diameter. Queensland Transport Minister Steve Bredhauer said bad weather in the area had hampered efforts to get oil response vessels to the area, and conditions had made it unsuitable for any response on Tuesday.
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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