Shortsea traders mull euro switch SHIPOWNERS and charterers working in some of Europe's shortsea trades are evaluating a switch to negotiating freight rates in the euro, designed to be the European Union's single currency.
Conferences lose Lloyd Triestino LLOYD Triestino is withdrawing from the conferences representing carriers in the Europe/Australasia trades.
Iraqi oil exports may escape effects of ban on foreign staff Iraq's oil exports should not be jeopardised by its threat to ban US and British staff working in the country, industry sources said.
AMP takes over GIO in A$3.3bn deal Australia's largest life insurer and funds manager AMP won control of GIO Australia Holdings as investors holding more than half the insurer's stock accepted AMP's A$3.3bn (US$2bn) hostile bid.
Pimentel plans turnround at Cunard Treating the "cancerous patient" that was Cunard before the company's acquisition by Micky Arison's Carnival Corp is a task that Cunard president and chief executive Larry Pimentel admits is no sinecure.
Canal is on target with Gaillard Cut Panama's Gaillard Cut widening programme is on schedule for completion in 2002, the Panama Canal Commission has reported.
Rotterdam box traffic still growing strongly Container traffic was the big growth headline in the world's largest port, Rotterdam, last year, set against a mixed backdrop among its other varied cargo sectors.
Clashes over Argentine rail sale A group of Argentine provinces and the Argentine state have clashed over the ownership of a railfreight company that until now nobody wanted.
Atlantic Marine wins Monarch repair MOBILE, Alabama-based shipyard Atlantic Marine has been awarded the contract to repair Royal Caribbean International's damaged cruiseship Monarch of the Seas.
Kotug stations seven tugs at Bremerhaven KOTUG, the Dutch towage company, has stationed seven tugs at the German port of Bremerhaven but the reaction has been quiet.
Libra in talks with CSAV, Crowley LIBRA, the Brazilian group, is reported to be in talks regarding the sale of its shipping division to Chilean line CSAV and US-based Crowley Maritime.
J Lauritzen reassess Danyards' future J LAURITZEN Holding, parent of Danish shipbuilder Danyards, is once again considering the future of the builder.
Wrecked Pallas sinks into North Sea sands THE wrecked general cargoship Pallas is sinking into the sands off the German North Sea island of Amrum.
Antarctic expedition aborted AN AUSTRALIAN research and supply vessel has aborted an Antarctic expedition because of a damaged propeller.
Owners hit by cut in refinery capacity PHILIPPINE domestic tanker owners are predicting a slow down in coastal oil transport this year following a reduction in capacity at the country's major refineries.
Verolme Heusden yard declared bankrupt DUTCH shipyard Verolme Heusden has been declared bankrupt, thereby clearing the way for De Hoop Lobith to take over the yard.
India removes dredging restrictions INDIA has removed all licensing restrictions imposed on foreign companies undertaking dredging work at the country's ports.
Stena Line seeks to replace freight ferries STENA Line Nederland wants to replace the three freight ferries on the Hook of Holland-Harwich service with two larger and faster vessels with more capacity for passengers.
Kværner Govan unveils steel innovation KVÆRNER Govan shipyard in Scotland has come up with an innovation that it claims will save chemical carrier companies millions of dollars a year.
Singapore yards complete merger SINGAPORE shiprepair companies Keppel Corp and Hitachi Zosen Singapore have today completed the merger of their shipyard operations.
More illegal immigrants landed in Malta A SECOND group of illegal immigrants was rescued in the Mediterranean last week and landed at Malta.
Chinese majors under new regime CHINA'S three largest shipping companies have changed their affiliation and now come under the authority of the State Economy and Trade Committee of China.
Lloyd Triestino switches Australasian service LLOYD Triestino has withdrawn from its joint P&O Nedlloyd service between Europe, Australia and New Zealand and has launched a new transhipment service over Singapore.
Cassar White to head Malta Shipbuilding JOHN Cassar White is to succeed Albert Mizzi as chairman of Malta Shipbuilding.
Cruise line warns British tourists PRINCESS Cruises has advised British travellers to avoid all non-essential trips to Chile.
Grain silos terminal planned in Naples NAPLES Port Committee has approved a project promoted by Molini del Mediterraneo to build grain silos.
Fatality in Genoa port A PORT worker died in an accident on December 23 at Grimaldi's Calata Bettolo ro-ro terminal.
Anvers: l'UEA et le GAMU s'abritent sous le même toit Pour l'Union pour l'expédition et la logistique d'Anvers (UEA) et le Groupement des Agents Maritimes d'Usines (GAMU), l'année 1999 démarre sous le signe de la rationalisation et d'une coopération plus poussée. En effet, le GAMU s'installe avec son secrétariat dans les locaux de l'UEA. L'événement était attendu depuis plusieurs mois et sa concrétisation s'inscrit dans la logique des choses, d'autant plus que les deux associations professionnelles ont de nombreuses affinités. En outre, les deux associations ont régulièrement adopté des points de vue communs sur bien des problèmes.
Bugsier envoie un remorqueur d'observation dans le port d'Anvers "Nous voulons nous familiariser avec les usages locaux". C'est en ces mots que J. W. Schuchmann, l'administrateur délégué de Bugsier Reederei und Bergungsgesellschaft de Hambourg, a justifié la présence du remorqueur "Bugsier 15" dans le port d'Anvers.
OOCL attend une amélioration des performances en 1999 "Cette année, plus particulièrement pendant la période de mai à octobre, une amélioration devrait intervenir et nous nous attendons à ce que nos navires réalisent des coefficients de remplissage maximum". C'est ce qu'a déclaré Harry Wilkinson chief financial officer de OOCL alors qu'il évoquait les résultats de 1998, une année qui fut particulièrement difficile.
P&O Stena préparerait son retrait de Dieppe/Newhaven Assurée jusqu'à maintenant sous les couleurs de P&O Stena Line, la liaison transmanche fret et passagers Dieppe/Newhaven risque de voir son sort scellé le mercredi 6 janvier 1999. Le retrait de P&O Stena semble désormais inéluctable. Au point que les milieux dieppois explorent déjà trois pistes pour assurer la relève: convaincre Sea Containers de jouer cette carte; obtenir le retour de SeaFrance ou miser sur un nouveau montage avec des intérêts locaux.
Waterfront hots up again Patrick is expected to launch legal action against the Maritime Union of Australia tomorrow after the failure of union members to work on two shifts over the New Year's Eve-New Year's Day break. Under previous working arrangements, New Year's Eve was considered a closed port holiday but this is not the case under the company's new enterprise agreement. Patrick's right to work on those shifts was upheld at an urgent hearing of the Australian Industrial Relations Commission last week. The stevedore's industrial relations manager, Bill Clayton, gave evidence before commission vice-president Ross of the significant financial losses which the company would sustain if work did not proceed.
BP sails into the sunset Adsteam Marine Limited, having acquired the complete business of Burns Philp Shipping Agencies in February last year, phased out the Burns Philp name from 1 January. As from the new year the combined agency in Australia is trading as Adsteam Agency Pty Ltd. The coming together of Adsteam Agency Pty Limited and Burns Philp Shipping Agencies has proved highly successful, a company spokesman said.
Floods hit Qld freight Severe flooding in north-west Queensland closed most roads and the railway line to Mt Isa over the weekend, but transport services in and out of Mt Isa are expected to return to normal today. Queensland Rail was forced to cancel passenger, freight and goods services in and out of Mt Isa over the past two days after swollen creeks flooded about 2.5km of the main Mt Isa-Townsville line west of Julia Creek to a depth of around 30cm. A spokesperson for QR said yesterday the water had receded and that QR was expected to resume all services today. She said freight trains carrying copper and zinc concentrates from Mt Isa to the port of Townsville were scheduled to resume last night.
Industry concerned about EPA report Transport industry players have criticised an Environmental Protection Authority draft document on road and rail transport noise, saying it will prove unworkable for the transport industry. The policy, which was drafted in January, seeks to influence land use planning for areas that may be affected by rail and road transportation noise. It is understood the policy document is due to be adopted by mid-1999, however a broad section of the maritime and rail industry is keen to ensure it is not passed in its current form.
Crispin to head ATN freight push Tasrail general manager David Crispin has stepped down and will now head Australian Transport Network's aggressive push to win rail freight operations on the mainland. Tasrail managing director Francis Small announced yesterday that Mr Crispin would remain as an executive manager of ATN, working on ATN's growth plans in Australia as it pursues other freight assets in Victoria and Western Australia. ATN, which comprises Wisconsin Central, Tranz Rail, Berkshire Partners and Fay, Richwhite, is believed to be one of four groups on a Victorian government shortlist for V/Line Freight Corporation. The winning bidder is expected to be announced later this month or in early February.
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