China's yards alive again as Asian crisis abates But an industry official in Shanghai says it's too early to party
Romanian shippers block Danube river
Aussie tugboat firm ups bid for Holyman by 15%
Air and Land Transport
HK transport sector goes on full alert to face 9/9/99 glitches Officials say it's a drill and major problems are not expected
Bottomline hit as BA's Go opt for fast take-off
New Shanghai airport may open next week
4 groups in bid for Rome airport authority
US Eximbank sticks to demands on PAL
US airlines to pay for crash response, travel
Features
Technical committees turn 100 Classification society Lloyd's Register has formed a South-eastAsia technical committee to cater to the growing maritime industry in the region. This comes as the world's oldest classification society celebrates the centenary of the formation of its first technical committee. S SHIVANI looks at the beginnings of the technical committee and how it has helped Lloyd's keep abreast of technological changes in the maritime industry.
Columns
New VLCC orders propel China into big league at last
China's yards alive again as Asian crisis abates But an industry official in Shanghai says it's too early to party
Romanian shippers block Danube river
Aussie tugboat firm ups bid for Holyman by 15%
Air and Land Transport
HK transport sector goes on full alert to face 9/9/99 glitches Officials say it's a drill and major problems are not expected
Bottomline hit as BA's Go opt for fast take-off
New Shanghai airport may open next week
4 groups in bid for Rome airport authority
US Eximbank sticks to demands on PAL
US airlines to pay for crash response, travel
Features
Technical committees turn 100 Classification society Lloyd's Register has formed a South-eastAsia technical committee to cater to the growing maritime industry in the region. This comes as the world's oldest classification society celebrates the centenary of the formation of its first technical committee. S SHIVANI looks at the beginnings of the technical committee and how it has helped Lloyd's keep abreast of technological changes in the maritime industry.
Columns
New VLCC orders propel China into big league at last
China's yards alive again as Asian crisis abates But an industry official in Shanghai says it's too early to party
Romanian shippers block Danube river
Aussie tugboat firm ups bid for Holyman by 15%
Air and Land Transport
HK transport sector goes on full alert to face 9/9/99 glitches Officials say it's a drill and major problems are not expected
Bottomline hit as BA's Go opt for fast take-off
New Shanghai airport may open next week
4 groups in bid for Rome airport authority
US Eximbank sticks to demands on PAL
US airlines to pay for crash response, travel
Features
Technical committees turn 100 Classification society Lloyd's Register has formed a South-eastAsia technical committee to cater to the growing maritime industry in the region. This comes as the world's oldest classification society celebrates the centenary of the formation of its first technical committee. S SHIVANI looks at the beginnings of the technical committee and how it has helped Lloyd's keep abreast of technological changes in the maritime industry.
Columns
New VLCC orders propel China into big league at last
China's yards alive again as Asian crisis abates But an industry official in Shanghai says it's too early to party
Romanian shippers block Danube river
Aussie tugboat firm ups bid for Holyman by 15%
Air and Land Transport
HK transport sector goes on full alert to face 9/9/99 glitches Officials say it's a drill and major problems are not expected
Bottomline hit as BA's Go opt for fast take-off
New Shanghai airport may open next week
4 groups in bid for Rome airport authority
US Eximbank sticks to demands on PAL
US airlines to pay for crash response, travel
Features
Technical committees turn 100 Classification society Lloyd's Register has formed a South-eastAsia technical committee to cater to the growing maritime industry in the region. This comes as the world's oldest classification society celebrates the centenary of the formation of its first technical committee. S SHIVANI looks at the beginnings of the technical committee and how it has helped Lloyd's keep abreast of technological changes in the maritime industry.
Columns
New VLCC orders propel China into big league at last
Maritrans plans to move to Tampa Stephen A. Van Dyck, Chairman and CEO of Maritrans Inc. today reported that the company is "pursuing a three-pronged approach" to improve returns to shareholders.
LR to class five new Panamax bulkers Lloyd's Register (LR) has just won two contracts to class a total of five new 38,700 gt Panamax bulk carriers, all to be built by Namura Shipyard, Japan.
Golden Ocean reports positive half year results Despite challenging market conditions, Golden Ocean Group says half year results show "a marked improvement," with EBITDA of $28.8 million--almost double the corresponding period last year.
ABP bloodletting after poor result ASSOCIATED British Ports unveiled a further round of senior management changes yesterday as it announced a disappointing set of half-year financial results.
Mixed bag of ports figures ABP's 23 UK ports posted a mixed bag of results, with growth in ro-ro traffic, vehicle imports, steel exports and volumes of feed and fertilisers and a slump in steel imports, grain, petroleum, coal and iron ore.
Pegasus oil spill case 'to be settled for $10m' AN OUT of court settlement now looks likely in the high profile US oil spill prosecution relating to the Pegasus-controlled tanker Command.
Aker delist bid will go to the wire NORWEGIAN industrialist Kjell Inge R'kke's bid to delist investment group Aker RGI is going down to the wire, with his confirmed shareholding inching up to 74.4% yesterday, but Aksjesparerforeningen, the Norwegian Association of Shareholders, recommending that members ignore the bid.
Aftershocks warning keeps Athens businesses on alert OFFICES remained closed in Athens yesterday or opened for only part of the day as warnings were sounded of further aftershocks following the earthquake that brought havoc to the city and killed more than 55 people.
TotalFina hints at Elf negotiation TOTALFINA chairman Thierry Desmarest gave what came close to a mute confirmation yesterday that talks have begun between his group and Elf in a bid to find a compromise between their competing takeover projects for each other.
Safety claims anger North Sea drillers BRITISH offshore operators have reacted furiously to union claims that the North Sea is on the verge of another Piper Alpha-style disaster.
Greenpeace in Atlantic Frontier legal challenge GREENPEACE will go before a full hearing of the UK High Court on October 11 in order to challenge the UK government's alleged failure to implement the EC habitats directive in the Atlantic Frontier, writes Andrew Grey.
As captive shippers view matters, railroads have done the indefensible and unpardonable. They've filed a federal court appeal of the Surface Transportation Board's decision to scrap consideration of product and geographic competition in market-dominance determinations. "If the railroads spent their time working on figuring out how to provide good service at a fair price instead of struggling to maintain regulatory protections, we might actually begin to see a rail system that could consistently satisfy its customers' needs," said Alliance for Rail Competition Executive Director Diane Duff.
More than 45 percent of intermodal equipment on the highway today may have unsafe brakes, suspensions, brake lights and tires, said the American Trucking Associations. It wants the Federal Highway Administration to impose new and harsh regulations that would place with railroads and steamship lines most responsibility for inspection and repair of containers, chassis and trailers before they are interchanged to motor carriers.
A new Forrester Research study concludes that the burgeoning business-to-consumer online market will bury those firms that don't have the fulfillment and distribution capabilities to handle it. No one is prepared for the exponential growth in parcel deliveries that online sales will generate, according to Stacie S. McCullough, business applications research analyst at Forrester. Residential deliveries will exceed 2.1 billion by 2003, as retailers and carriers fight their way to the consumer's doorstep. As online selling evolves, three factors - an expanded selection of products sold online, the need to move a large volume of small parcels and rising customer expectations - will combine to put new pressures on order fulfillment systems.
Consolidated Freightways' first-half financial dip is a one-time occurrence that has nothing to do with the company's basic fundamentals and should correct itself later in the year, new CF President Patrick H. Blake says. CF's operating ratio has deteriorated 2 percentage points from the second quarter of last year through the same period this year. CF officials say the deterioration is not indicative of long-term trends and should be corrected soon.
Union Pacific Railroad has done an about-face since the days of congestion - at least in the eyes of chemical shippers, who had been the railroad's loudest critics. But it's a different story out West, where California shippers and others are complaining about startup problems at UP's new Davis Yard. Congestion and backups there have affected carload shippers as well as Amtrak, and customers blame it on too many cars attempting to be classified at once. UP says startup problems, if any, are minor. But this doesn't make shippers any less nervous about the prospects for the fall.
There's a truce in the Northwest. Owner-operator truck drivers in the ports of Seattle and Tacoma have suspended their strike for 30 days. During this cooling-off period, they will be seeking union recognition while pressing the ports to become involved in the dispute by convening a meeting between drivers and trucking companies.
Lufthansa Cargo is struggling to hold on to its reputation for providing the best service in the industry. Despite offering a new portfolio of all time-definite services, reliability has slipped in recent months at the German airline thanks to internal confusion over how to handle the new products allowed with a complex new information technology system. Lufthansa's Excellence '99, as the quality initiative is called, is expected to pay off before 2000 rolls around. Forwarders, for the most part, have been frustrated by the service erosion but are sticking by the carrier and even helping improve the flow of freight where they can.
Enterprise resource planning software is losing its status as a comprehensive supply-chain management solution as users tie it to other applications, particularly in electronic commerce. "Interest in ERP software as an independent solution has declined rapidly in the past year. We will begin to only see it bundled into more popular applications such as e-commerce software, which will be purchased by over half of organizations in most industries this year," said Michael Erbschloe, vice president of research for Computer Economics, a Carlsbad, Calif., information technology research company.
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