Enterprises in lay-up threat Enterprises Shipholding Corporation has stated it is ready to lay up as many as nine of its reefers in the next few weeks and continue operating only time chartered vessels in the face of collasped freight rates in the refrigerated sector.
US opens ports to Montenegro MONTENEGRAN government ships are to be allowed back into US ports, after Washington exempted the country from the ban on all Yugoslav vessels imposed after the outbreak of the Kosovo crisis, writes David Osler.
Union Naval's two shipyards sold to tycoon UNION Naval's two shipyards have been sold by Spain's leading bank BSCH to the Spanish tycoon Vicente Boluda, writes our Madrid Correspondent.
Wartsila buys control of Netherlands subsidiary TEN years on from its entry into the Dutch diesel engineering industry, Finnish-owned Wartsila NSD Corporation has assumed full control of subsidiary firm Wartsila NSD Nederland.
Greek demand fuels prices for older tonnage GREEK shipowners have splashed out more than $88m on secondhand tonnage recently, propelling sale and purchase activity to new heights.
Boost for West Coast Towing SWANSEA based towage company West Coast Towing Co (UK) received a substantial boost last week when a major contract with British Steel Shipping was formally renewed for a further five years, writes Jack Gaston.
FEFC set to abolish inland Europe tariffs THE Far Eastern Freight Conference may decide to formally abandon its European inland tariff when principals meet next week.
Second World War destroyer in the Medway BRITAIN'S last surviving Second World War destroyer has arrived in the Medway to an enthusiastic welcome from hundreds of onlookers, writes Jack Gaston.
Un repreneur est recherché pour Brucargo Express La groupe néerlandais Wim Bosman a repris les activités de Rutges Aircargo. Il ne s'agit toutefois que des activités aux Pays-Bas. Dans les autres pays, un réseau sera mis sur pied, si possible avec les anciennes filiales européennes de Rutges en tant qu'agent, ou si nécessaire par des agences locales. Ceci signifie que Brucargo Express n'est pas concerné par la reprise de Rutges par Bosman. Mme Heidinga, administrateur judiciaire de Rutges Holding, nous a déclaré que des négociations en vue de la vente de la société belge sont en bonne voie.
"Scanwest", nouveau train complet d'ICF entre Bettembourg et Copenhague Dès mardi prochain 25 mai, Intercontainer-Interfrigo lance un nouveau train complet, le "Scanwest", entre le terminal luxembourgeois de Bettembourg et Copenhague. Il va de soi que ces deux terminaux servent de plaques tournantes et que des connexions vers d'autres pays d'Europe sont d'ores et déjà prévues. La fréquence est de deux trains par semaine dans chaque sens.
CMB a vendu l'AMI au groupe Bolloré Les négociations entamées il y a quelques semaines avec le groupe Bolloré ont finalement abouti: le groupe CMB lui a vendu sa filiale expédition internationale AMI. Cette évolution dans ce sens était attendue pour diverses raisons. D'une part, le groupe CMB s'étant complètement retiré du secteur des lignes régulières n'avait plus l'utilité de ce soutien. D'autre part, pour le groupe Bolloré, le réseau africain de l'AMI est complémentaire à celui dont il dispose déjà sur ce continent avec SDV. La transaction sera finalisée dans le courant des prochains jours.
La nouvelle plate-forme CLESUD vient d'être lancée Les dessertes internationales de la toute nouvelle plate-forme logistique baptisée CLESUD s'appuient sur la connexion à l'Europe du Nord via l'axe rhodanien, ainsi qu'à l'Espagne et à l'Italie via l'arc méditerranéen. Les promoteurs de cette opération affichent comme ambition de créer ainsi un pôle terrestre (routier et ferroviaire) complétant les atouts dont la région PACA (Provence, Alpes, Côte d'Azur) dispose déjà en maritime (port de Marseille-Fos) ainsi qu'en aérien (aéroport fret et passagers Marseille-Provence).
Marine Drilling Stock Hit by Anxiety Over Contract The stock of Marine Drilling Cos. Inc. reportedly fell sharply on May 17 amid nervousness that the company might miss a key contract deadline.
Warning of Oil Supply Crunch as Majors Cut Costs Cut-throat competition in a world oil business concentrated in the hands of supermajors reportedly may quickly cause a shortage in world oil supplies.
Tanker Rates Seen Stagnating at '99 levels in 2000 With little regulatory pressure for scrapping ships, the tanker freight rate markets will reportedly remain depressed for two years, with brief periods of respite due to temporary events.
Eritrean Port Back to work After Ethiopia Bombing Eritrea's main Red Sea port of Massawa reportedly went back to work one day after it was bombed by Ethiopian fighter bombers.
China Pledges Free Navigation in South China Sea China reportedly pledged to ensure freedom of navigation in the South China Sea where it is locked in disputes with five other nations over ownership of islands.
Romanian Shipping firm Lays off 900 Sailors-Union Navrom Galati reportedly laid off half its total 1,800 sailors because of losses due to the blockage of the Danube by bridges wrecked during NATO air strikes.
Ship Loads may be Cut Due to Great Lakes Levels A drop in water levels to their lowest point in 30 years in the St. Lawrence Seaway system reportedly could lead to cuts in cargo limits on Great Lakes ships.
Zhenhua Wins $27 Million Equipment Orders Shanghai Zhenhua Port Machinery Co. reportedly signed contracts with two Canadian ports to supply container handling equipment worth a combined $27 million.
Has OPEC Tamed Wayward Venezuela Venezuela, long the black sheep of the Arab-dominated OPEC oil cartel, reportedly appears to have given up its challenge to the Middle Eastern petro-states for a bigger slice of the world oil market and, instead, fallen into line.
Brazil, Shell Discuss Better Oil Terms Brazil is reportedly negotiating with Royal Dutch Shell to improve oil exploration contract terms despite the company's recent move to reduce its investment interest in the country.
Newport News Implements Contract Wage Offer Newport News Shipbuilding Inc. reportedly defended its implementation of the wage portions of its "final" contract offer to United Steelworkers of America members after the union filed a formal complaint.
Panama Canal: waterway between east and west. Almost 90 years after being opened, the Panama Canal is the fastest and most economical route for many transport users in this region.
Maritime
The New World Alliance has redeployed two of its trans-Pacific services to improve outbound services for China.
NYK now calls at Montreal in its new Canada Express Service.
APL is introducing its third trans-Atlantic service.
Libra launches a new conventional Europe-South America containership service with CSAV and Braztrans.
Contship and P&O Nedlloyd add Adelaide to Eagle service.
WAL serves the port of Cotonou.
Sea-Land and Maersk plan to make New York & New Jersey into their new US east coast superhub.
Wilh. Wilhelmsen ASA recorded a satisfactory 1998.
P&O Stena Line is pleased with its first quarter 1999 results.
The French carriers in the cross-Channel trade posted more or less satisfactory results for 1998.
DCL launches new service from the USA and in the Caribbean.
Ports and Terminals
Russia's ports recorded lower throughput volumes in 1998, but they hope for improved results this year with more government support.
MTL in Hong Kong is upgrading its IT systems.
Forwarding & Logistics
The John Nurminen group recorded a satisfactory year in 1998.
ASG posted lower profits in this year's first quarter.
U-T continues to grow, having acquired twelve companies in a year.
The Hub Group earned considerably higher first quarter revenues.
Aviation
TNT Airways is ready for take-off. TNT plans to integrate its air operations in a separate company, and also take over Ansett Australia's airfreight sector.
Lufthansa reported record results for 1998 and has started 1999 well.
Kitty Hawk flies into Saturday for freight forwarders.
Airborne Express posted a lower than expected first quarter result.
Alitalia joins the North Atlantic alliance of KLM and NWA.
MASKargo makes a good start at Hahn airport in Germany.
Kales acts for Varig and Avioimpex in Switzerland.
EVA Air has placed orders for three B747-400 freighters.
Panama Canal: waterway between east and west. Almost 90 years after being opened, the Panama Canal is the fastest and most economical route for many transport users in this region.
Maritime
The New World Alliance has redeployed two of its trans-Pacific services to improve outbound services for China.
NYK now calls at Montreal in its new Canada Express Service.
APL is introducing its third trans-Atlantic service.
Libra launches a new conventional Europe-South America containership service with CSAV and Braztrans.
Contship and P&O Nedlloyd add Adelaide to Eagle service.
WAL serves the port of Cotonou.
Sea-Land and Maersk plan to make New York & New Jersey into their new US east coast superhub.
Wilh. Wilhelmsen ASA recorded a satisfactory 1998.
P&O Stena Line is pleased with its first quarter 1999 results.
The French carriers in the cross-Channel trade posted more or less satisfactory results for 1998.
DCL launches new service from the USA and in the Caribbean.
Ports and Terminals
Russia's ports recorded lower throughput volumes in 1998, but they hope for improved results this year with more government support.
MTL in Hong Kong is upgrading its IT systems.
Forwarding & Logistics
The John Nurminen group recorded a satisfactory year in 1998.
ASG posted lower profits in this year's first quarter.
U-T continues to grow, having acquired twelve companies in a year.
The Hub Group earned considerably higher first quarter revenues.
Aviation
TNT Airways is ready for take-off. TNT plans to integrate its air operations in a separate company, and also take over Ansett Australia's airfreight sector.
Lufthansa reported record results for 1998 and has started 1999 well.
Kitty Hawk flies into Saturday for freight forwarders.
Airborne Express posted a lower than expected first quarter result.
Alitalia joins the North Atlantic alliance of KLM and NWA.
MASKargo makes a good start at Hahn airport in Germany.
Kales acts for Varig and Avioimpex in Switzerland.
EVA Air has placed orders for three B747-400 freighters.
Panama Canal: waterway between east and west. Almost 90 years after being opened, the Panama Canal is the fastest and most economical route for many transport users in this region.
Maritime
The New World Alliance has redeployed two of its trans-Pacific services to improve outbound services for China.
NYK now calls at Montreal in its new Canada Express Service.
APL is introducing its third trans-Atlantic service.
Libra launches a new conventional Europe-South America containership service with CSAV and Braztrans.
Contship and P&O Nedlloyd add Adelaide to Eagle service.
WAL serves the port of Cotonou.
Sea-Land and Maersk plan to make New York & New Jersey into their new US east coast superhub.
Wilh. Wilhelmsen ASA recorded a satisfactory 1998.
P&O Stena Line is pleased with its first quarter 1999 results.
The French carriers in the cross-Channel trade posted more or less satisfactory results for 1998.
DCL launches new service from the USA and in the Caribbean.
Ports and Terminals
Russia's ports recorded lower throughput volumes in 1998, but they hope for improved results this year with more government support.
MTL in Hong Kong is upgrading its IT systems.
Forwarding & Logistics
The John Nurminen group recorded a satisfactory year in 1998.
ASG posted lower profits in this year's first quarter.
U-T continues to grow, having acquired twelve companies in a year.
The Hub Group earned considerably higher first quarter revenues.
Aviation
TNT Airways is ready for take-off. TNT plans to integrate its air operations in a separate company, and also take over Ansett Australia's airfreight sector.
Lufthansa reported record results for 1998 and has started 1999 well.
Kitty Hawk flies into Saturday for freight forwarders.
Airborne Express posted a lower than expected first quarter result.
Alitalia joins the North Atlantic alliance of KLM and NWA.
MASKargo makes a good start at Hahn airport in Germany.
Kales acts for Varig and Avioimpex in Switzerland.
EVA Air has placed orders for three B747-400 freighters.
Panama Canal: waterway between east and west. Almost 90 years after being opened, the Panama Canal is the fastest and most economical route for many transport users in this region.
Maritime
The New World Alliance has redeployed two of its trans-Pacific services to improve outbound services for China.
NYK now calls at Montreal in its new Canada Express Service.
APL is introducing its third trans-Atlantic service.
Libra launches a new conventional Europe-South America containership service with CSAV and Braztrans.
Contship and P&O Nedlloyd add Adelaide to Eagle service.
WAL serves the port of Cotonou.
Sea-Land and Maersk plan to make New York & New Jersey into their new US east coast superhub.
Wilh. Wilhelmsen ASA recorded a satisfactory 1998.
P&O Stena Line is pleased with its first quarter 1999 results.
The French carriers in the cross-Channel trade posted more or less satisfactory results for 1998.
DCL launches new service from the USA and in the Caribbean.
Ports and Terminals
Russia's ports recorded lower throughput volumes in 1998, but they hope for improved results this year with more government support.
MTL in Hong Kong is upgrading its IT systems.
Forwarding & Logistics
The John Nurminen group recorded a satisfactory year in 1998.
ASG posted lower profits in this year's first quarter.
U-T continues to grow, having acquired twelve companies in a year.
The Hub Group earned considerably higher first quarter revenues.
Aviation
TNT Airways is ready for take-off. TNT plans to integrate its air operations in a separate company, and also take over Ansett Australia's airfreight sector.
Lufthansa reported record results for 1998 and has started 1999 well.
Kitty Hawk flies into Saturday for freight forwarders.
Airborne Express posted a lower than expected first quarter result.
Alitalia joins the North Atlantic alliance of KLM and NWA.
MASKargo makes a good start at Hahn airport in Germany.
Kales acts for Varig and Avioimpex in Switzerland.
EVA Air has placed orders for three B747-400 freighters.
Panama Canal: waterway between east and west. Almost 90 years after being opened, the Panama Canal is the fastest and most economical route for many transport users in this region.
Maritime
The New World Alliance has redeployed two of its trans-Pacific services to improve outbound services for China.
NYK now calls at Montreal in its new Canada Express Service.
APL is introducing its third trans-Atlantic service.
Libra launches a new conventional Europe-South America containership service with CSAV and Braztrans.
Contship and P&O Nedlloyd add Adelaide to Eagle service.
WAL serves the port of Cotonou.
Sea-Land and Maersk plan to make New York & New Jersey into their new US east coast superhub.
Wilh. Wilhelmsen ASA recorded a satisfactory 1998.
P&O Stena Line is pleased with its first quarter 1999 results.
The French carriers in the cross-Channel trade posted more or less satisfactory results for 1998.
DCL launches new service from the USA and in the Caribbean.
Ports and Terminals
Russia's ports recorded lower throughput volumes in 1998, but they hope for improved results this year with more government support.
MTL in Hong Kong is upgrading its IT systems.
Forwarding & Logistics
The John Nurminen group recorded a satisfactory year in 1998.
ASG posted lower profits in this year's first quarter.
U-T continues to grow, having acquired twelve companies in a year.
The Hub Group earned considerably higher first quarter revenues.
Aviation
TNT Airways is ready for take-off. TNT plans to integrate its air operations in a separate company, and also take over Ansett Australia's airfreight sector.
Lufthansa reported record results for 1998 and has started 1999 well.
Kitty Hawk flies into Saturday for freight forwarders.
Airborne Express posted a lower than expected first quarter result.
Alitalia joins the North Atlantic alliance of KLM and NWA.
MASKargo makes a good start at Hahn airport in Germany.
Kales acts for Varig and Avioimpex in Switzerland.
EVA Air has placed orders for three B747-400 freighters.
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- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
