Daewoo opts for Bremen car terminal SOUTH Korean group Daewoo has decided to build a car import terminal on the site of the former Bremer Vulkan shipyard in Bremen.
Cyprus reacts to LSC criticism COMPARING the detention statistics of Cyprus and Liberia is "like comparing apples with oranges," says Cyprus' Department of Merchant Shipping
International Group wins rate cut THE International Group of P&I Clubs has achieved a 20 per cent reduction in the cost of its main reinsurance contract for 1999.
Hong Kong shippers urge rate restraint THE Hong Kong Shippers Council has urged shipping lines to exercise restraint when implementing rate increases.
Philippine owners reject cabotage freedom OPENING up the inter-island shipping sector in the Philippines to foreign competition could kill the domestic shipping industry, according to the Domestic Shipowners Association.
Trasmediterranea plans cruise venture SPANISH ferry operator Trasmediterranea is negotiating with Norwegian Cruise Line over joint participation in a plan to create a new cruise ship affiliate.
Spanish ports remain upbeat SPAIN'S 27 commercial ports are expected to register record profits, revenues and traffic volumes in 1999, according to central government ports agency Puertos del Estado.
Yard funding can't go on, says Maltese minister PRESENTING Malta's 1999 Budget earlier this week, Finance Minister John Dalli said the country cannot afford to keep pouring money into its building and repair yards.
UK increases passenger compensation NEW UK legislation will triple the current level of compensation payable in the event of death or injury of passengers at sea.
Coal piles up at east Indian ports COAL stocks have piled up at three of India's east coast ports because of the Tamilnadu Electricity Board's inability to handle large shipments of thermal coal at Tuticorin port.
Oetker completes Alian'a takeover GERMANY'S Oetker Shipping Group has completed the takeover of Brazil's Alian'a.
Sri Lankan yard doubles profits COLOMBO Dockyard, a subsidiary of Japan's Onomichi Dockyard Co, has doubled its net profit mainly as a result of newbuildings.
Finnish ships sold in protest A FINNISH coaster owner has sold two vessels to an undisclosed buyer in Portugal in protest over government policies.
Six bid for Indonesian terminals AP MØLLER and P&O Ports are among six bidders that have qualified for a tender to manage two major Indonesian container terminals at Indonesia's largest port.
Five die in Puget Sound refinery blast AN explosion took place at the Equilon Puget Sound oil refinery near Anacortes, Washington State on the evening of November 25 killing five workers.
Marina wins Singapore towage licence MARINA Offshore has today been awarded a 30-year public towage licence to service vessels at Singapore's shipyards, oil terminals and Jurong Port.
Philippines moves to halt sugar thefts A MOVE to strengthen the state-run Sugar Regulatory Administration in the Philippines has been proposed to prevent future "smuggling".
Sri Lanka chases geared feeders THE Sri Lanka Ports Authority (SLPA) is giving rebates to geared vessels using the new dedicated transhipment container terminal for feeder ships at Colombo.
China warns on wood packaging CHINESE authorities have notified exporters that wooden packaging used for US markets must be accompanied by fumigation certificates.
Arrest crisis for Romania ROMANIAN shipping is facing a crisis with more than 40 ships from state-run companies Navrom, Petromin and Romline under arrest in various parts of the world. The Romanian government is trying to put together a $14m rescue package but in the meantime some 500 seafarers remain stranded on the arrested ships. A privately-owned Romanian company also ran into trouble when creditors of Romline seized one of its ro-ro vessels.
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