Cyprus accuses top class society on shoddy ships Cyprus has read the riot act to a leading classification society after blaming it for the appalling state of two Cypriot-flagged bulk carriers detained at United States and Dutch ports in separate incidents in recent weeks.
Historic elections BRITAIN voted yesterday in historic elections that give Scotland a parliament for the first time in nearly 300 years and Wales a less powerful national assembly. Early indications confirm concerns by the ruling Labour Party of a poor turnout among the 30 million eligible voters. The leader of Labour's Scottish campaign, Donald Dewar (above) braved the wind and rain to wave to onlookers after a visit to a day care centre in his Glasgow constituency. In Wales, late sunshine failed to assuage voter apathy but Labour leader Tony Blair, celebrating his 46th birthday, challenged voters to "make a stark choice between a new Britain or its costly break-up." The outcome may also decide the future of the struggling opposition Conservative Party leader William Hague but the most high profile battle is the contest between Labour and the pro-independence Scottish National Party which trailed some 12 points behind Labour in latest opinion polls. Labour is likely to have to ask the centrist Liberal Democrats to form a coalition within the new Scottish parliament. In Wales, Labour should win an overall majority for the assembly which cannot pass its own laws or raise taxes. Britain's traditional 'first past the post' voting system has been abandoned for the elections in favour of a dual choice proportional representation system.
Western Bulk Shipping loss increases in first quarter NORWAY'S Western Bulk Shipping reported a first quarter net loss of NKr34.7m ($4.45m), compared with a NKr20.35m deficit a year ago. Operating margin was a NKr3m loss compared with a NKr994,000 deficit a year ago.
Shell ends its run of disappointing results Shell has posted a strong set of first quarter figures, ending a run of disappointing results. The Anglo-Dutch oil giant reported a first quarter profit of $1.67bn, down just 1% on the previous year.
Keppel wins Single Buoy conversions KEPPEL Shipyard of Singapore has clinched two major conversion projects from Single Buoy Moorings.
Montevideo privatisation back on track A RELAUNCH of the scandal-plagued Montevideo port privatisation process is imminent, according to the national port authority. And this time things will be done differently.
Dutch government plans aid for Danube shipping THE Netherlands and Romania have announced a programme of co-operation which sets out to provide rapid aid to inland shipping as soon as the Kosovo crisis is resolved.
Bankruptcy fears prompt Hvide share warning Fears that Hvide Marine could topple into bankruptcy have led one stockbroker to recommend that investors avoid the US offshore support services group's shares.
La communauté portuaire anversoise serre les rangs Une tempête dans un verre d'eau. Voilà comment il faudrait décrire la soi-disant opposition entre la direction du port d'Anvers et le secteur privé. Une libre interprétation du contenu d'une lettre que l'AGHA avait envoyée à l'administration du port d'Anvers a fait augmenter le niveau d'adrénaline chez les responsables du port.
UIC: le chemin de fer devra faire valoir ses atouts environnementaux "Les chemins de fer membres de l'UIC mettent en œuvre de profondes transformations de leur offre pour tenir compte des mutations de l'économie; ils remportent ainsi de véritables succès sur des marchés d'avenir". Message résolument optimiste du président de l'UIC Adam Wieladek au cours d'un récent déjeuner de presse à Paris au cours duquel le rapport annuel fut également présenté.
La restructuration de l'ORNI peut être entamée Au cours de leur dernier conseil, les ministres fédéraux ont approuvé un certain nombre de mesures qui doivent permettre la restructuration de l'Office de Régulation de la Navigation intérieure (ORNI). Ces décisions s'inscrivent dans le prolongement des mesures résultant de la libéralisation de la navigation intérieure. La déréglementation du marché fluvial en Belgique a été introduite de manière anticipée en date du premier décembre dernier.
Kvaerner Ship Unit Has Several Possible Buyers Kvaerner, which reported a record first-quarter loss of $635 million, is reportedly talking with several possible buyers for its shipbuilding unit but is in no rush to sell.
Hanjin Wins $160M Ship Order Hanjin Heavy Industries Co. reportedly won a $160 million order from Reederei B.Rickmers GmbH & Cie to build eight 1,200 TEU container ships.
South Korean Shipbuilding Orders Sink 45% New orders received for South Korean ships reportedly fell 45.1 percent in the first four months of 1999 compared to last year's results.
Shell Upbeat At First Quarter Stage Royal Dutch/Shell Group chairman Mark Moody-Stuart has reportedly made a defiant pledge to recover his company's standing among the world's oil giants.
Hyundai Units In $30M Deal Hyundai Heavy Industries Co. reportedly won a $30 million order with Hyundai Corp. from the South Carolina State Port Authority to make four container cranes.
Belgian Dredging Braces For Overcapacity Belgian Dredging International reportedly warned that the world dredging market could face overcapacity problems from the second half of next year.
Keppel Shipyard Wins Monaco Projects Keppel Hitachi Zosen's unit, Keppel Shipyard, was reportedly awarded two conversion projects by Monaco-based Single Buoy Moorings (SBM).
Exxon, Mobile Merger To Be Completed By September Exxon Corp.'s $90 billion acquisition of Mobil Corp., originally scheduled to close in the middle of the year, is reportedly expected to be completed by the end of September.
LUKoil Launches North Caspian Drilling Rig LUKoil reportedly launched a drilling rig from Astrakhan in the northern Caspian Sea, the first to explore the Russian sector of the sea.
Helicopter Services In Mobil Deal Helicopter Services' UK unit Bond Helicopters reportedly signed a contract with Mobil North Sea Ltd. worth $39.2 million.
Evergreen reorganises SNA service. The company will reduce transit times in its services between the east coasts of North and South America.
Unifeeder upgrades its service to St Petersburg.
Falline of Canada celebrates its 40th anniversary.
CMB sells its stake in CNN.
LHC produces more turnover and profit due to car transports. Should maritime freight rates be transparent or confidential?
Maersk's and Sea-Land's AE2 service calls at Bremerhaven.
MSC and LT cooperate in the African trade. The DFDS Group sets up an agency in the UK.
SCL Germany GmbH takes over SCL representations.
Ports and Terminals
The introduction of the US Ocean Shipping Reform Act is one of the reasons for a change in the competition situation between US and Canadian ports.
Intermodal
IRU: "Europe needs road transport". IRU has presented the EU commission and parliament with a manifesto which documents the indispensable role of road transport.
The European Intermodal Association (EIA) is taking the Mont Blanc fire as another example to point to an existing alternative to road haulage, namely intermodal transport.
Rail operator European Rail Shuttle (ERS) has recently joined the North European network as the fourth partner.
German rail subsidiary Transfracht International has opened its own office in Moscow.
Aviation
SwissGlobalCargo integrates heavy air cargo. With innovative door-to-door products for the industry, Panalpina and SAir Logistics plan to open up the growing market of integrated airfreight transport.
Eagle USA Airfreight has met the high expectations it has set itself for its second quarter 1999.
For the second consecutive year, Netherlands carrier Martinair has presented record annual figures.
Boeing Co has increased profit beyond expectation in first quarter 1999.
Evergreen reorganises SNA service. The company will reduce transit times in its services between the east coasts of North and South America.
Unifeeder upgrades its service to St Petersburg.
Falline of Canada celebrates its 40th anniversary.
CMB sells its stake in CNN.
LHC produces more turnover and profit due to car transports. Should maritime freight rates be transparent or confidential?
Maersk's and Sea-Land's AE2 service calls at Bremerhaven.
MSC and LT cooperate in the African trade. The DFDS Group sets up an agency in the UK.
SCL Germany GmbH takes over SCL representations.
Ports and Terminals
The introduction of the US Ocean Shipping Reform Act is one of the reasons for a change in the competition situation between US and Canadian ports.
Intermodal
IRU: "Europe needs road transport". IRU has presented the EU commission and parliament with a manifesto which documents the indispensable role of road transport.
The European Intermodal Association (EIA) is taking the Mont Blanc fire as another example to point to an existing alternative to road haulage, namely intermodal transport.
Rail operator European Rail Shuttle (ERS) has recently joined the North European network as the fourth partner.
German rail subsidiary Transfracht International has opened its own office in Moscow.
Aviation
SwissGlobalCargo integrates heavy air cargo. With innovative door-to-door products for the industry, Panalpina and SAir Logistics plan to open up the growing market of integrated airfreight transport.
Eagle USA Airfreight has met the high expectations it has set itself for its second quarter 1999.
For the second consecutive year, Netherlands carrier Martinair has presented record annual figures.
Boeing Co has increased profit beyond expectation in first quarter 1999.
Evergreen reorganises SNA service. The company will reduce transit times in its services between the east coasts of North and South America.
Unifeeder upgrades its service to St Petersburg.
Falline of Canada celebrates its 40th anniversary.
CMB sells its stake in CNN.
LHC produces more turnover and profit due to car transports. Should maritime freight rates be transparent or confidential?
Maersk's and Sea-Land's AE2 service calls at Bremerhaven.
MSC and LT cooperate in the African trade. The DFDS Group sets up an agency in the UK.
SCL Germany GmbH takes over SCL representations.
Ports and Terminals
The introduction of the US Ocean Shipping Reform Act is one of the reasons for a change in the competition situation between US and Canadian ports.
Intermodal
IRU: "Europe needs road transport". IRU has presented the EU commission and parliament with a manifesto which documents the indispensable role of road transport.
The European Intermodal Association (EIA) is taking the Mont Blanc fire as another example to point to an existing alternative to road haulage, namely intermodal transport.
Rail operator European Rail Shuttle (ERS) has recently joined the North European network as the fourth partner.
German rail subsidiary Transfracht International has opened its own office in Moscow.
Aviation
SwissGlobalCargo integrates heavy air cargo. With innovative door-to-door products for the industry, Panalpina and SAir Logistics plan to open up the growing market of integrated airfreight transport.
Eagle USA Airfreight has met the high expectations it has set itself for its second quarter 1999.
For the second consecutive year, Netherlands carrier Martinair has presented record annual figures.
Boeing Co has increased profit beyond expectation in first quarter 1999.
Evergreen reorganises SNA service. The company will reduce transit times in its services between the east coasts of North and South America.
Unifeeder upgrades its service to St Petersburg.
Falline of Canada celebrates its 40th anniversary.
CMB sells its stake in CNN.
LHC produces more turnover and profit due to car transports. Should maritime freight rates be transparent or confidential?
Maersk's and Sea-Land's AE2 service calls at Bremerhaven.
MSC and LT cooperate in the African trade. The DFDS Group sets up an agency in the UK.
SCL Germany GmbH takes over SCL representations.
Ports and Terminals
The introduction of the US Ocean Shipping Reform Act is one of the reasons for a change in the competition situation between US and Canadian ports.
Intermodal
IRU: "Europe needs road transport". IRU has presented the EU commission and parliament with a manifesto which documents the indispensable role of road transport.
The European Intermodal Association (EIA) is taking the Mont Blanc fire as another example to point to an existing alternative to road haulage, namely intermodal transport.
Rail operator European Rail Shuttle (ERS) has recently joined the North European network as the fourth partner.
German rail subsidiary Transfracht International has opened its own office in Moscow.
Aviation
SwissGlobalCargo integrates heavy air cargo. With innovative door-to-door products for the industry, Panalpina and SAir Logistics plan to open up the growing market of integrated airfreight transport.
Eagle USA Airfreight has met the high expectations it has set itself for its second quarter 1999.
For the second consecutive year, Netherlands carrier Martinair has presented record annual figures.
Boeing Co has increased profit beyond expectation in first quarter 1999.
Yard offers rent-a-ship ORDER HUNGRY Italian shipyards are getting into shipowning. Fincantieri is poised to become an owner in order to win a deal for two bulk carriers that will be operated by the Bottiglieri family. Meanwhile, the SEC yard looks as if it will be forced down the same road in order to complete a controversial ro-ro contract.
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