Lloyd's Register plans three point strategy for change Announcing 1998 operating revenues that were slightly down on 1997, Patrick O'Ferrall said that the society has implemented a policy of change management.
Frangos wins court victory Greece's Supreme Court has finally dismissed allegations that Seaways Shipping Enterprises boss John Frangos embezzled millions of dollars from the Haji-Ioannou family fortune after the break-up of his marriage to tanker heiress Clelia Haji-Ioannou six years ago.
Swedish Orient Line asks banks for support Swedish Orient Line is negotiating a refinancing deal with its banks to help protect the company against the ravages of weaker freight rates.
Increase in casualties and losses not fully reflected in premiums CASUALTIES and losses affecting the marine insurance market are growing, while the premium base has yet to fully reflect the trend.
Evergreen to reorganise Americas run EVERGREEN is reorganising its service between the east coasts of North and South America and withdrawing one ship from the route.
Møller firms shares leap in Copenhagen trading SHARES in the two quoted AP Møller Group companies, D/S Svendborg and D/S 1912, continued to power ahead on the Copenhagen stock exchange yesterday.
Regulations are becoming clearer AP MØLLER is expressing confidence that the container shipping trades are entering a period of greater regulatory clarity as new rules take effect in either side of the Atlantic.
Nato's claim of oil rush at Bar disputed NATO may be facing an embarrassing propaganda flop after challenges to its claims that there is an oil import rush at the Montenegrin port of Bar.
Navy may board ships in Gulf A BIG allied naval exercise in the Arabian Gulf next month will see military vessels requesting permission to board merchant shipping.
Anvers: Delwaide annonce une réduction de 25% du tarif remorquage "shifting" dans les bassins "Les taux des services du remorquage dans les bassins, plus particulièrement pour les navires déchargeant et chargeant et procédant à des shiftings entre emplacements dans un même complexe de bassins et/ou poste d'attente, seront réduits de 25% au chapitre du tarif A. Cette mesure entrera en vigueur dès le 1er juillet prochain". C'est ce qu'a déclaré l'échevin du port d'Anvers, le baron L. Delwaide à l'occasion de la manifestation à Anvers du 40e anniversaire de l'armement FALLINE.
E1 négocie un nouveau partenariat pour le Benelux et l'Allemagne L'alliance E1 devrait annoncer très prochainement un ou plusieurs nouveaux partenaires couvrant le Benelux et l'Allemagne. Alors que le rachat de Nedlloyd ETD par Danzas n'avait pas fait exploser cette alliance, des assurances ayant été données que les filiales de Nedlloyd - Van Gend & Loos et Unitrans - demeureraient au sein de l'alliance, c'est le rachat d'ASG qui a changé totalement la donne. Les partenaires restants d'E1, Dubois, DanTransport et Saima Avandero) vont demander des compensations financières.
Verra-t-on l'URS en partenariat dans les bassins anversois? L'Union de Remorquage et de Sauvetage (URS) réalisera cette année un exercice crucial et ce, pour plusieurs raisons. Tout d'abord, 1999 est l'année de la relance: toutes les mesures prises ramènent l'entreprise sur le chemin de l'équilibre financier et l'on reparlera de profit l'année prochaine. Ensuite, c'est au cours des prochains mois que sera mise en place une nouvelle structure avec une entité coupole, qui couvrira diverses filiales ou divisions, ceci dans la foulée de la diversification que va développer l'entreprise.Ainsi qu'évoqué précédemment, cette diversification doit intervenir endéans les 5 ans, pour au moins 50% du CA cosdolidé et il est plus que probable qu'entre-temps l'URS aura fait sa réapparition en bourse.
Les investissements à Schiphol ont atteint un niveau record en 1998 Schiphol Group, le nouveau nom du groupe créé pour l'exploitation de l'aéroport d'Amsterdam, peut se réjouir des résultats réalisés en 1998. Le résultat net a progressé de 21% à 298 mio. de NLG (135 mio. d'EUR), tandis que le CA net a augmenté de 9,8% à 1,22 mia. de NLG (533 mio. d'EUR). "L'excellent résultat de Schiphol Group est surtout dû au fait que la croissance des mouvements aériens en 1998 était supérieure à ce qu'y avait été prévu en début d'année". Voilà comment l'entreprise commente les chiffres annuels qui ont été annoncés hier.
Minoan Earmaks $250M For Newbuilds Minoan Lines, the passenger vessel company, has stockpiled $250 million for newbuildings. The vessels would serve on new routes recently licensed by the Merchant Marine Ministry. Minoan Lines plans to spend $105 million by summer 2000 for three vessels to be used in the Cyclades and the Sporades islands in the Aegean Sea, as well as the Ionian Sea routes.
Attica Enterprises Profits Up 36% Passenger shipper Attica Enterprises said group net profit rose 36.7 percent year-on-year in the first quarter to 879 million drachmas on turnover growth of 59.35 percent to 5,077 million. Greek shipping firms are not taxed on their fare income.
Slow Down? Fast Ferry Demand May Hit Lull Construction of so-called fast ferries, one of the most dynamic sectors for the shipbuilding industry in recent years, will decline because of the Asian crisis but should return to previous high levels by 2005, a new report said. New vessel building volumes are expected to decline in 1999 and 2000 due largely to the impact of the Asia economic crisis, analysts Ocean Shipping Consultants Ltd. said.
Kvaerner May Owe Germany Money Kvaerner may have to repay a "considerable amount" of the state aid it received from Germany related to its Warnow Werft shipyard. The European Commission said last November that it was investigating whether the German Warnow Werft shipyard had complied with capacity limits in return for subsidies. The EU executive last year began formal proceedings against Germany amid indications the yard had exceeded an annual 85,000 cgt capacity limit.
MISC Orders Two LNG Carriers Malaysia International Shipping Corp. Bhd (MISC) placed an order for two liquefied natural gas (LNG) tankers and has options to acquire four more.
Daewoo Is Back To Work Shipbuilders at South Korea's Daewoo Heavy Industries agreed to return to work from Thursday (April 29), ending a week-long strike over a plan to sell off the shipbuilding division.
Cammell Laird Wins Upgrade Contract Cammell Laird Holdings Plc won a multi-million dollar contract to upgrade a 4,000 ton, SCS Shipping Ltd. vessel. The work, to be started immediately, will be carried out by Cammell Laird (Merseyside) at the group's Birkenhead Yard and should be completed in January 2000. SCS Shipping is a member of the Stolt Comex SA group.
IHC Caland Gets Dredger Contract IHC Caland's IHC Holland unit won an order from Dredging Corporation of India for two suction hopper dredgers. "With this order IHC Caland's yards will be at more than full capacity well into the year 2001," IHC Caland said.
Clinton Forms Commission On Seaport Crime President Bill Clinton established a commission on U.S. seaport crime and security aimed at combating problems including drug trafficking and cargo theft. The panel, to be co-chaired by Attorney General Janet Reno, Transportation Secretary Rodney Slater and Treasury Secretary Robert Rubin, will have a year to consider the problem and forward its recommendations, the White House said.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
