Star takes initiative in battle for NCL Star Cruises has seized the initiative in the battle for control of Norwegian Cruise Lines by obtaining a restraining order on NCL management to prevent it from issuing new equity.
New Lloyd's case hearing is likely A NEW pre-trial hearing is expected to be listed in London before the end of January to decide the funding of legal costs in advance of an action between disaffected names and the society of Lloyd's.
Golden Ocean looks to new era GOLDEN Ocean is within two months of a new dawn.
Yukos rejects Mazheikiu stake speculation RUSSIA'S second largest oil producer Yukos denied yesterday that it had bought a stake in Lithuania's Mazheikiu Nafta oil company, but would not comment on whether it planned to do so.
Yards urge 'European OPA 90' European shipbuilders have urged Brussels to consider introducing tanker legislation similar to the US' controversial Oil Pollution Act of 1990 which was the legacy of the Exxon Valdez disaster.
British marine accident investigators. . . British marine accident investigators have despatched the Mansal 18 survey vessel to the site of the sunken trawler Solway Harvester in the hope of shedding some light on the deaths of seven of her crew. Families of the lost fisherman, from the Scottish villages of Isle of Whithorn and neighbouring Garlieston, hope a survey might lead to the recovery of the missing bodies. Fishing groups have ruled out bad wather as a likely cause of the sinking and speculated about a possible freak accident involving a drifting freight container. In 1998 the Mansal 18 undertook similar work when she was at the centre of the operation investigating the sinking of the British trawler Gaul in the Barents Sea.
Inquiry will scrutinise directorate's procedures THE independent inquiry commission investigating the Sleipner sinking could find fault with internal procedures at the Norwegian Maritime Directorate, particularly on the approval of life-saving procedures onboard, according to placed sources.
Hamburg's Blohm + Voss is currently. . . Hamburg's Blohm + Voss is currently repairing the Yangming containership Ming Longevity which suffered damage during the loss of 61 containers. According to information from the yard, the vessel will be at the repair facility until Friday. The containers had been lost during a sailing from Charleston to Bremerhaven after the boxes shifted in heavy seas which reportedly caused a list of 35 degrees. The Ming Longevity was replaced in Yangming's schedule by the Ming Universe, which loaded at Bremerhaven on January 12.
Norasia arrête son service Montréal- Méditerranée-Europe du Nord La nouvelle n'a pas manqué de surprendre: Norasia arrête son service containérisé hebdomadaire entre Montréal, l'Europe du Nord et la Méditerranée et ceci alors que venait d'être signé un accord de coopération avec l'armement Hapag-Lloyd portant sur la création d'un VSA (Vessel Sharing Agreement). Ce dernier démarrait en tant que co-chargeur, mais dès le mois de février devait intervenir avec un PC de 1.000 TEU, le m/v "Canada Express", une unité prise en affrètement.
Les expéditeurs de fret aérien belges s'opposent à la surtaxe sur le carburant Le Belgian Airfreight Institute (BAFI), l'association professionnelle des expéditeurs de fret aérien opérant à partir de Bruxelles National, exprime son inquiétude et son indignation concernant la manière dont les sociétés aériennes tentent d'introduire une surtaxe sur le carburant. L'association rappelle qu'une mesure similaire a tout récemment suscité le mécontentement tant chez les expéditeurs, que chez les chargeurs.
Les ports français ont reculé de 1,1% en trafic global en 1999 L'activité marchandises des ports maritimes français est restée à un niveau élevé en 1999, malgré la décroissance des trafics pétroliers amorcée depuis fin 1998. Avec 333 millions de tonnes de transbordement hors avitaillement, le trafic global accuse néanmoins une légère baisse de 1,1%. Mais les marchandises diverses affichent un gain de 3,1% et, au sein de ces dernières, les trafics containerisés ont enregistré une hausse de 6,8%.
Naypemar CL, un NVO qui veut promouvoir le short sea Il est beaucoup question ces dernières années du short-sea et du cabotage, modes de transport qu'il faut promouvoir dans le contexte des échanges intra-européens afin de dégager le réseau routier. Des initiatives en ce sens se manifestent, encore ça et la, trop peu nombreuses hélas, néanmoins, parmi celles-ci, citons l'apparition de la firme NCL Benelux (Naypemar Container Line Benelux) sprl, qui lance un service maritime containérisé entre l'Espagne, plus précisément le port de Bilbao, et le Benelux. Dans un premier stade, NCL (1) se profile en tant que NVO, l'objectif étant d'aligner du tonnage affrété par la suite.
The congressionally created Amtrak Reform Council will release a scathing assessment of Amtrak on Jan. 24, which could be a first step toward a sweeping restructuring of the government-owned passenger railroad to make it more market responsive, cut massive financial losses and improve service quality and consistency. Amtrak mainly carries passengers, but shippers and freight railroads have a stake in this report. Amtrak's mail and express service is identified by the ARC as one of Amtrak's few points of light and the ARC wants the railroad to strengthen it.
American Trucking Associations President Walter McCormick has done better than pull a rabbit from the hat. He appears to have coaxed $1.7 million in additional ATA dues from truckload carriers' wallets by gaining a recommendation from officers of the 1,100-member Truckload Carriers Association that it integrate with ATA. This could mean at least 500 truckload carriers now paying dues only to TCA also would pay membership fees to ATA, which would help plug a $3 million shortfall in ATA's $54 million budget.
Whether or not genetically modified crops threaten the environment and human health, in a commercial sense the business has mutated into a monster that farmers must either welcome into their fields or turn away. The dilemma has serious supply-chain implications, as the U.S. agricultural industry tries to keep both options open.
Teamsters union President James P. "Jimmy" Hoffa is vowing to stay the course in the union's 12-week-old strike against Overnite Transportation Co. for "as long as necessary." Hoffa compared the union's dispute against the Richmond, Va.-based LTL carrier, which is the nation's largest nonunion LTL carrier, with the "American Revolution." Hoffa said the union was winning the "war of attrition," and pointed to Overnite's $1 million expenditure per week in higher security costs as one reason why parent Union Pacific Corp.'s stock price declined during the fourth quarter.
Rail shippers affected by the Conrail split got an opportunity to air their grievances at a one-day open-forum meeting in Philadelphia. The morning session had Norfolk Southern and CSX presenting their side and what they're doing to improve service; shippers got their opportunity in the afternoon, which included an open question and answer period. The consensus: although the roughly 300 shippers who showed up received few answers to their service problems, they were happy to let the railroads know how they feel.
Airlines were victorious in a seven-year battle with Los Angeles International Airport over what airlines deemed an illegal rise in landing fees. The Supreme Court rejected Los Angeles' request to hear the case and the city, based on an earlier ruling, has to pay $100 million back to the airlines. The Air Transport Association filed a suit on behalf of its members in 1994 after LAX tripled its landing fees. The case held up the federal law that forbids airports from spending money collected from airlines on anything other than airport operations and improvements.
The quiet mode, inland waterways, is making a splash in the Pacific Northwest with record numbers of containers arriving by barge at the Port of Portland. Relatively long transit times have not changed. What has changed is the economics of barge transportation versus land modes. Rail rate hikes have made inland waterway transport more attractive.
Dr. Yossi Sheffi has bought back Sabre Logistics Group, formerly known as PTCG, which he co-founded in 1987 and then sold to Sabre in 1996. The group will form the core of a new business venture, Logistics.com Inc. The software currently is used by more than 100 carriers and shippers. Sheffi will use the software to launch an online logistics exchange linking carriers and shippers.
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