Uruguay annuls Maersk Montevideo concession URUGUAY'S transport minister has annulled the Montevideo container port concession awarded to Denmark's Maersk citing "irregularities" with the 1997 tender process.
New York proposal for 'super-port' NEW York mayor Rudolph Giuliani is expected shortly to propose construction of a $1.5bn 'super-port' based on the Brooklyn and Staten Island docks.
BP Amoco announces more cuts and disposals BP Amoco is to cut a further 3,000 jobs worldwide in addition to the 7,000 already announced and dispose of $1bn worth of assets this year, chief executive Sir John Browne said yesterday.
Working visit US vice-president Al Gore, left, shakes hands with South African President Nelson Mandela and vice-president Thabo Mbeki in Cape Town yesterday during a three-day working visit to the country, whose leaders also unveiled a pre-election budget which was largely neutral in character, but which cheered investors by proposing cuts of 5% in corporation tax to 30%.
Depth of shipper mistrust a hurdle for Atlantic carriers TALKING with shippers across North America has convinced Christopher Rankin that the shipping lines still have a lot to learn about customer service.
Customs discovery Customs officers at the UK south coast port of Falmouth discovered cannabis resin and an illegal firearm on board the 5,741 ton Thutmose after she lost her rudder in the Western Approaches. She was brought into the port under a tow agreement by the tug Tignish Sea.
Milford Haven port may face $100m civil action Milford Haven Port Authority, currently battling to deflect the record '4m ($6.5m) fine imposed last month by Cardiff Crown Court, might soon find itself facing a civil lawsuit seeking up to $100m in compensation and costs after the Sea Empress oil spill.
Deepening of Elbe to start next week THE long-awaited deepening of the River Elbe, linking the port of Hamburg with the North Sea, is expected to begin on Monday, industry sources told Lloyd's List.
Atlantique: le nouveau VSA déploiera cinq services hebdomadaires du Nord au Sud Après le TAA et la TACA, ce sera très prochainement au tour de la NAA de prendre la relève. En effet, le document présenté simultanément à la Commission européenne (DG IV) et à la FMC porte le titre de "North Atlantic Agreement". Il s'agira d'une conférence très particulière, en ce sens qu'elle fonctionnera davantage comme un forum de discussion. L'accent sera mis sur les conditions conjointes relatives aux connaissements, l'interchangeabilité des équipements et les opérations terminales. Les discussions porteront donc sur des sujets d'intérêt commun, comme la coordination des départs, les programmes d'escales et la capacité alignée. En ce qui concerne ce dernier aspect, toute décision ne pourra être prise que par les consortiums séparément ou par les lignes individuellement.
L'OPA de Deutsche Post sur Danzas a réussi Le délai ultime pour l'OPA de Deutsche Post sur les actions du groupe suisse Danzas est passé. Le groupe postal allemand a annoncé qu'à l'issue de cette période, on lui a proposé 93,3% des droits de vote et 91,1% des actions (soit 1.674.000 titres au total). Le contrôle quasi total de Danzas lui est donc acquis. Par ailleurs, le feu vert européen a été donné hier. Et nous avons appris que de nouvelles acquisitions sont actuellement en négociation, malgré le fait que 1999 sera "l'année de la consolidation".
Le secteur du duty free insiste sur une prolongation de cinq ans L'IDFC (International Duty Free Confederation) et les secteurs touchés par la suppression des ventes hors taxes (aéroports, compagnies ferry, etc) qualifient l'étude de la Commission européenne sur l'impact de la suppression sur l'emploi de décevante. L'étude, qui estime que l'impact de la suppression des ventes hors taxes sur l'emploi (-50.000 emplois selon la Commission) est "insignifiant", serait basée sur des données fragmentées (11 des 15 Etats-membres). Le secteur estime qu'il a été complètement ignoré et insiste sur une prolongation (on parle de cinq ans) des ventes hors taxes. Cette période serait mise à profit pour établir un dialogue constructif avec les autorités en vue d'instaurer un système alternatif.
National rail access plan nears fruition After months of negotiations, the ARTC, Queensland Rail, the Rail Access Corporation and Westrail will meet in Adelaide tomorrow (Friday) to finalise 16 areas of in-principle agreement on the creation of a national regime for access to the interstate rail network. The Australian Rail Track Corporation's chief executive, David Marchant, said after each had signed all of the in-principle agreements, the ARTC would be in a position to enter into bilateral negotiations with the state rail bodies on the final financial arrangements.
Winners and losers from COSCO changes The ports of Sydney and Brisbane are set to be the winners and Melbourne the loser from changes to Australian and New Zealand services announced yesterday by COSCO -- but the victory could be mostly statistical. As a consequence of the merging of the Australia-Japan/Korea and New Zealand-Japan services into a single string, COSCO will operate a Kobe-Pusan-Brisbane-Sydney-NZ-Brisbane-Kobe rotation, discharging all southern Australian imports at Sydney and loading all Australian exports in Brisbane.
Curtis goes to scrap BHP Transport's 45,432 DWT bulk carrier Iron Curtis is destined for demolition at Alang in western India. A company spokesperson said yesterday while the deal was not "completely finalised" she could substantially confirm market reports of the fate of the 21-year-old ship. Broking sources say BHPT turned down a couple of offers for further trading in favor of a slightly higher price being offered by breakers. Iron Curtis was the last merchant ship to be delivered by BHP's Whyalla Shipbuilding and Engineering Works, being handed over on 22 August 1978 but immediately placed in lay-up due to a lack of cargoes.
Airports fly for Infratil Australian airport investor Infratil Australia released its half yearly results yesterday, with figures for the six months to 31 December 1998 showing its investments in airports at Perth, Darwin, Alice Springs and Tennant Creek were all trading at or above acquisition business plans. The listed company said Perth International Airport's results showed significant growth with earnings of $20.4 million or 11 per cent ahead of the same period of last year. Infratil Australia CEO John Clarke said the increase resulted from continued growth in both international and domestic passengers. He said this led to an 8.5 per cent increase in retail and trading revenue despite the economic situation in Asia, and continued effective cost containment which resulted in operating costs being reduced by 6.8 per cent.
Engineers lobby parliamentarians The Australian Institute of Marine and Power Engineers has been lobbying federal parliamentarians this week in an effort to prevent changes to employment related provisions of the Navigation Act. The changes, due to be debated in Parliament shortly, are part of the Navigation Amendment (Employment of Seafarers) Bill 1998. According to the institute, the government has described the bill as being aimed at removing employment related provisions in the Act which are inconsistent with the Workplace Relations Act and the concept of company employment.
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