Halter Marine announces loss-making quarter Halter Marine Group, Inc. has announced that the company's financial results for the quarter ended Dec. 31, 1998 were a loss of $1.0 million or $0.03 per share, diluted, on revenue of $279.2 million.
Bath, Bazan and Lockheed team to pursue international frigate opportunities A memorandum of understanding provides the foundation for the three companies to work together to analyze the suitability of E.N. Bazan's frigate design for the international marketplace and to jointly pursue ship construction opportunities.
Britain announces that work will start on new carrier project Six major defense companies have being invited to bid for initial work on the project to develop two new large aircraft carriers for the Royal Navy, British Defense Secretary, George Robertson has announced.
Tanker spill suspects held in US Two Greek seafarers who flew to the United States to answer criminal charges in connection with their alleged role in an oil spill off the California coastline last September were arrested on arrival at San Francisco airport on Tuesday on the orders of federal prosecutors.
P&O hints at tonnage tax fleet boost P&O Chairman Lord Sterling said yesterday his company could double its tonnage under the British flag if the government introduced a tonnage tax.
Final quarter brings record for CP Ships A strong fourth quarter ensured that CP Ships, the Canadian Pacific subsidiary, achieved record profits in 1998.
easyJet plans float to fund expansion BUDGET airline easyJet -- owned by Greek shipowner Stelios Haji-loannou -- intends to go public early next year to fund its expansion plans as the profitability of the no-frills carrier is no longer in question.
Fred Olsen wins legal feud with his brother Reclusive Norwegian shipowner Fred Olsen appears to have won a final victory in a decades-long legal battle with his younger brother Petter over the family inheritance.
Maersk pinning its flag to the mast at Singapore AP Möller-Maersk Line has a high profile in Singapore, and not just because its mighty container shipping division is consistently among the top three users of the country's containerport facilities.
US condemns China ocean freight moves ALREADY tense US-China maritime relations have taken an ominous turn. Washington has demanded that Beijing withdraw its controversial proposed regulations for Registration of International Sea Freight Container Bills of Lading and Filing of Sea Rates.
European rail harmonisation to be a priority for Germany THE goal of promoting rail freight by increasing interoperability between national railway systems and toughening international network access rights - espoused by European transport commissioner Neil Kinnock - has been given a boost by the German government.
Shipping's exclusion from GATS slammed A SENIOR Japanese transport official today voiced his government's concern at shipping's apparent exclusion from the WTO's General Agreement on Trade in Services (GATS).
Bankers watch Hamburg bank developments LONDON bankers were closely watching developments at Hamburgische Landesbank today following revelations that lending to Turkish owners was at risk.
Japan calls for dispute settlement procedure A SPECIAL advisor to Japan's Ministry of Transport called today for a dispute settlement procedure to be set up to avoid international wrangles such as the one with the FMC.
Strike hits Canadian grain exports GRAIN loading in Vancouver as well as in ports on the St Lawrence River has been slowed by a strike by some of the Canadian Grain Commission's weighing staff.
Filipino ferries in grounding, fire incidents TWO separate accidents, involving a fire and a grounding, have rocked the Philippine domestic shipping sector this week.
Canada to set up Philippine college THE Philippine Department of Education has signed an agreement with Canada to establish a maritime university in the Philippines.
Anglo-Eastern signs MISC crewing deal HONG Kong-based Anglo-Eastern Ship Management has signed its first crewing-only agree-ment with Malaysian International Shipping Corp.
Keppel Cairncross launches rescue plans TROUBLED Australian shipyard Keppel Cairncross Shipyard has appointed voluntary administrators to draw up a rescue plan.
Mobil scraps Shell refinery merger MOBIL has scrapped plans to merge its Australian refinery operations with those of Shell.
P&O Stena in redundancy dispute P&O Stena Line workers at Newhaven have been told they will only receive statutory redundancy payments, whereas French colleagues are to receive a significant bonus.
Rotterdam seeks Y2K-compliance declaration ROTTERDAM Municipal Port Management wants shipping lines and charterers to sign a declaration that their vessels using the port are millennium-compliant.
China-Thailand barter deal rumoured AMID rumours of devaluation of the Chinese yuan, reports in Thailand suggest that a barter deal of beans for rubber might be set up with China.
Davie wins extension on yard sale DAVIE Industries and its parent, Dominion Bridge Corp, have been granted an extension to February 10 for filing a proposal with a Quebec court on the sale of the shipyard.
Voltri wins Daewoo car contract VOLTRI Terminal Europa has secured a major vehicle contract with South Korean exporter Daewoo.
Thai minister sued over sour loan THAILAND'S deputy interior minister Vatana Asvahame, who is also chairman of tanker operator VSP Marine Shipping, is being sued over a baht 2bn ($54.5m) loan that turned sour.
Kaifeng terminal is to be extended again KAIFENG container terminal at the Chinese port of Chiwan is to be extended for a third time.
Le groupe français Giraud de plus en plus européen En 1991, le groupe Giraud réalisait 25% de son chiffre d'affaires à l'international. Aujourd'hui, c'est déjà 50%. Durant les cinq prochaines années, il s'agit de faire en sorte que l'international atteigne 75% de l'activité totale en 2003. Un objectif qui semble réaliste car le groupe est en pleine croissance et présente d'excellents résultats.
Des contrôles supplémentaires des poids lourds le long des routes généreraient une économie de 530 mio. d'EUR Le Parlement européen se penchera en février prochain sur la proposition de la Commission européenne visant à étendre la directive de 1996 sur le contrôle annuel des poids lourds et des utilitaires dans un centre technique. Vu le nombre élevé de kilomètres effectués par ces véhicules tous les ans, la CE souhaite en effet compléter la directive en question par des contrôles techniques non annoncés le long des routes. Certains défauts échappant aux contrôles techniques pourraient de la sorte être détectés.
La filialisation du Sernam semble désormais inévitable La division "messagerie" de la SNCF, le Sernam, a enregistré l'année passée des pertes sensiblement plus élevées que les prévisions. Ce nouvel échec - qui marque également l'échec de la réorganisation du réseau - relance le dossier de la privatisation de l'entreprise. Louis Gallois, président de la SNCF, a en tout cas promis de traiter le dossier Sernam en priorité. Une filialisation semble inévitable, vore, à plus long terme, la privatisation.
Les employeurs portuaires gantois veulent davantage de dockers disponibles Dans son discours de nouvel an, l'échevin du port de Gand Daniël Termont à notamment pointé la forse hausse de la demande en travail portuaire en 1998 et au manque de dockers qui s'est manifesté durant certaines périodes de pointe. Il a lancé un appel à l'embauche de nouveaux ouvriers portuaires. Les employeurs portuaires voient les choses sous un angle légèrement différent. Le contingent d'ouvriers portuaires gantois est suffisamment étoffé du point de vue numérique, mais la disponibilité réelle d'une partie non négligeable de cet effectif pose problème, disent-ils. Du côté de la centrale des employeurs CEPG, on pencherait plutôt en faveur d'un assainissement du contingent: les dockers ne pouvant pas effectuer certaines tâches seraient alors remplacés par des nouveaux-venus polyvalents. Le CEPG veut cependant éviter tout conflit sur ce dossier. Le sujet sera abordé en temps voulu avec les syndicats.
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