Antonatis assets seizure spurned DEN norske Bank's bid to seize assets belonging to its former head of Greek shipping, Dimitri Antonatos, has been dealt a major blow. A Greek court has spurned the bank's application to wrest control of the beleaguered ex-banker's luxury Athens apartment.
Badly holed barge carrier 'saved from sinking by double bottom' A badly damaged barge carrier is undergoing emergency repairs after limping into Bermuda with a hole the size of a tennis court in her side.
Western Bulk acts to raise new cash WESTERN Bulk Shipping of Norway is proposing a Nkr50m to NKr70m ($6.4m to $9m) share issue this year to raise funds for expansion.
China's entry into the World Trade Organisation US trade representative Charlene Barshefskey arrived in Beijing on Tuesday night for two days of talks with China over the timetable for its entry in the World Trade Organisation. Ms Barshefskey said that she brought no new proposals to the discussions but was in Beijing to hear what the Chinese had to say. US secretary of state Madeleine Albright told a Beijing press conference on Tuesday that she hoped for flexibility from China over its 13-year bid to gain entry to the WTO.
Jacobs buys three ro-ros from China BRITISH transport and property group Jacobs Holdings has bought three Chinese ro-ros which could double the capacity on its Dart Line freight service between Thames Europort and Zeebrugge.
South Africa warning over port concessions SOUTH African ports would be plagued by inefficient use of capital if too many privately operated terminals were granted concessions, given the scale of the country's trade.
Dramatic cut in Hong Kong register fees Ship registration fees will be slashed from April as part of a package of measures announced by Hong Kong's financial secretary Donald Tsang in yesterday's budget.
Lygnos bulkers auctioned TWO bulk carriers owned by Greece's collapsed Lygnos group have been auctioned in New Orleans this week.
Les hausses tarifaires irréfléchies des entreprises ferroviaires menacent la pérennité du transport combiné Trente mille caisses mobiles renvoyées du rail à la route (depuis ce début mars) pour les transports automobiles entre l'Espagne et l'Allemagne: c'est avec cette très mauvaise nouvelle que Søren Rasmussen, directeur général d'Intercontainer-Interfrigo, a terminé son exposé sur la coopération entre les entreprises ferroviaires et les clients des couloirs de fret transeuropéens. Il parlait au 2e congrès organisé par AIC sur le transport européen de marchandises par rail qui se tient actuellement à Francfort.
ESPO et FEPORT rejettent le principe de "l'utilisateur-payeur" Les ports maritimes et opérateurs privés de terminaux européens estiment que l'introduction du principe de "l'utilisateur-payeur" - par le biais de rétributions pour l'usage des infrastructures portuaires publiques - ne constitue pas le meilleur moyen d'éliminer les distorsions de concurrence dans leur secteur d'activité. Ils préféreraient que Bruxelles définisse de manière plus claire les règles auxquelles sont soumises les aides publiques au secteur, indiquent leurs organisations ESPO (European Sea Ports Organisation) et FEPORT (Federation of European Private Port Operators) dans un communiqué.
Le japonais JST va créer un EDC à Tessenderlo L'entreprise japonaise JST, qui est spécialisée dans la production de raccords électroniques, va construire un centre européen de distribution (EDC) à Tessenderlo, d'où seront desservis tous les EDC régionaux. A l'heure actuelle, les plans portent uniquement sur la construction d'un centre de distribution, mais une éventuelle ligne d'assemblage n'est pas exclue.
Magnanimous Donovan demurs Waterfront employers can breath easier after confirmation yesterday by the uncompromising Jim Donovan that he did not intend to stand in the forthcoming quadrennial union elections. Mr Donovan, the deputy secretary of the New South Wales central branch of the Maritime Workers Union, confirmed DCN's information to this effect. He said that in the end the decision not to stand was taken in the best interests of the union.
True North shows her true colors in the west Henderson shipbuilder, Image Marine debuted its latest vessel this week -- a $5.5 million 34.5-metre charter boat. The vessel, True North is a 34-metre state-of-the-art live-aboard charter monohull, with accommodation for 30 people. She has a cruising speed of 21 knots, is fitted with a helicopter pad, state-of-the art dive equipment, climate controlled cabins, lounge, dining and entertainment areas and a gift shop.
RAC under pressure to drop prices Rail Access Corporation has come under strong pressure to slash track access rates in the Hunter Valley after a government tribunal recommended it drop its price for coal rail transport by an average 40 cents a tonne for the central Hunter Valley mines. The proposed cost savings were detailed in a draft report released this week by the NSW Independent Pricing and Regulatory Tribunal, which has been investigating the state's rail access regime for some time.
Rail unions blast QR over staff hiring practices Queensland Rail has came under fire for its staff hiring practices, with rail unions yesterday notifying QR management of the potential for a dispute over the rail operator's alleged use of fixed-term labor hire and contracting out of work. The Australian Rail Tram & Bus Industry Union (Queensland branch) said yesterday it had become increasingly concerned about the use of what is known as "precarious" or "non-standard employment" in QR.
Road costs soaring in WA The cost of road construction in Western Australia has skyrocketed under the Court government's gradual privatisation of road building, according to the state Opposition. Opposition spokesperson for Transport Alannah MacTiernan said the government had failed to deliver the big savings it had promised from the contracting out of all road construction.
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