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21 October 2019 The on-line newspaper devoted to the world of transports 10:36 GMT+2

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Shipping Timesweb site
OCTOBER 2, 1998
Shipping News
  • Two major conferences overcharging shippers
    FEFC, IADA terminal handling charges are 25% more than PSA stevedorage charge
  • Maersk, ECT to build terminal
  • PSA wins staff development award
Air and Land Transport
  • PAL management told to resign to make way for new investors
    Chairman in talks with several groups on buying a stake in Philippine national carrier
  • THAI told to cancel 14b baht aircraft order
  • Tata joins new study on viability of Bangalore airport project
  • Merrill Lynch upgrades Qantas to long-term buy
  • UK govt refuses to re-nationalise rail system
  • Make-overs for Japan minicars
  • Market has potential to grow
    Broking companies making alliances with large industrial groups are likely to be big winners when things pick up
  • English Court allows case to be heard in Pakistan with conditions

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Cargowebweb site
OCTOBER 1, 1998
  • Radioactive substances in El Al calamity plane
  • Green light to Dutch-Swedish postal agreement
  • Shipping wage claim international union
  • STN Atlas wants to take over Sait-Radio Holland
  • Huge IT-service contract Boeing for IBM

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The Journal of Commerceweb site
OCTOBER 2, 1998
  • Shipping reform act heads to vote Friday
  • Fate of the Jones Act may be in hands of a Norwegian shipbuilder
  • Fed cut fails to boost commodities
  • Brazil sits on economic bubble; US investments could lose their fizz
  • Top Senator puts cruise shipping, not cargo, on top of agenda
  • Seven more arrests in Port Everglades drug probe
  • US removes Brazil ship tax exemption, tension seen ahead
  • Alameda Corridor readies mid-corridor excavation contract for approval
  • Beetle-mania: packing costs to rise
  • DM&E loses governor's support for Powder River routes
  • Shippers brace for more trucker strikes
  • Britain's private rail firms under attack
  • India opens its second perishable-cargo air terminal
  • Agency rules against CP in grain dispute
  • Iceberg ahead! Mariners alerted
  • US port roundup
  • Multi-yard ship building plan far from dead: backer
  • Fake footwear equipment seized in Manzanillo raid

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Cyber Shipping Guide - Ocean Commerceweb site
OCTOBER 2, 1998
  • 'K' Line to Launch Straits & Vietnam Service
  • 'K' Line to Reshuffle Transpacific Services
  • 'K' Line, Yangming Unveil New Europe Joint Service
  • PAL Union Members Start Voting on Survival
  • EDI Weighs for Viability , BA Executive Says
  • Panalpina Expands Activities in Denmark

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urgente online pressweb site
OCTOBER 2, 1998
  • Feve abrirá los talleres ferroviarios de El Berrón antes de fin de año
  • El tramo de la A-129 Lanaja-Sariñena, en funcionamiento
  • Curso "Logística y transporte internacional"
  • La Comisión Europea avala un automóvil eléctrico
  • Lufthansa y SAS aumentan los capilares de la Alianza Estrella
  • Bombardier lanza una nueva serie de aviones de 90 plazas

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Marine Logweb site
OCTOBER 2, 1998
  • Navy awards contract for New Attack submarine
  • ARCO orders third Millennium Class tanker
  • Ultsein wins Brazilian design and equipment package contract for two platform supply vessels
  • Hvide Marine and Newport News get set for triple christening

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Il Sole 24 Ore On Lineweb site
OCTOBER 2, 1998
  • I margini di redditività sono ormai prossimi allo zero Quotazioni dei noli in picchiata sotto il peso degli «slot charter»
  • D'Amato «scopre» le miniere di carbone
  • Italia navigazione entra nel gruppo d'Amico
  • Il porto di Messina vuole la sua Authority
  • Un coordinamento per i problemi infrastrutturali Savona e Genova cercano un'intesa
  • L'israeliana Zim riduce le perdite dopo la crisi

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Lloyd's Listweb site
OCTOBER 2, 1998
  • OECD set to tackle substandard ships
    A draft action plan to attack substandard shipping is being prepared by the OECD following a high level meeting of representatives from governments and maritime-related industries.
  • Europe gets tough on inspections
    Tough new targeting criteria for the identification of substandard ships have been agreed for the members of the Paris Memorandum for Port State Control.
  • NYK completes Showa link
    NIPPON Yusen Kaisha (NYK Line), Japan's leading shipping line, yesterday completed its merger with troubled Showa Line, causing immediate speculation of a new round of mergers and reorganisation in Japan's shipping industry.
  • Bulog ends rice import monopoly
    Indonesia's Logistics Agency (Bulog) has broken the monopoly on importing rice and other basic commodities, a business previously allocated to a firm linked with the former Suharto regime.
  • High flying banker's fall from grace
    Spyder, a fitting symbol of a case that has raised more than just eyebrows in the world of shipping finance.
  • Lloyd Werft on course to double output
    BREMERHAVEN'S Lloyd Werft will double its output this year, compared with 1997, mainly as a result of work for cruise giant Norwegian Cruise Lines (NCL).
  • Panama fears over exodus of canal pilots
    RETIREMENTS and resignations of Panama Canal pilots are running at double the average rate, the Pilots' Association has claimed, a rate which raises questions as to whether the pilotage team will be sufficiently strong immediately after the handover.
  • China Steel eyes newbuilds
    China Steel Express (CSE), the shipping arm of China's largest steelmaker, China Steel, is in the market for four capesize newbuildings to replace ageing tonnage, writes Corey Bousen.

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Fairplayweb site
OCTOBER 1, 1998
  • MC Shipping acquires sea river vessels
    NEW York-based MC Shipping has continued its expansion by acquiring two sea river multipurpose vessels.
  • ISM 'is open to abuse', claims lawyer
    ISM certification is open to abuse by "adding grist to the litigation mill," according to Struan Robertson of Sinclair, Roche & Temperley.
  • Filipino seafarers' wages are being undercut
    FILIPINO seafarers are being hit by increasing unemployment levels as wages are undercut by Eastern Europeans, Chinese and Indonesian crews.
  • Aker looks to consolidate
    AKER Yards period of acquisition is over and the emphasis now is on consolidation, according to Otto Soberg company ceo.
  • Owners opt for European yards
    TURBULENCE in the Asian financial markets has resulted in owners ordering tonnage in "the more stable European market in the earlier part of the year"according to Bernard Meyer.
  • Junk bonds down but not out
    HIGH yield debt may well have bitten the dust for now, but, according to Jim Grubb vice president of Citibank, we should expect a resurgence in the first half of 1999.
  • Aker plans share buy-back
    AKER RGI, the Norwegian group that controls Aker Maritime, is seeking authorisation to buy back up to 10 per cent of its shares.
  • Third Avondale tanker for Arco
    AVONDALE Industries, which has come under intense criticism in Congress and the US labour movement for its anti-union practices, is to build a third tanker for Arco.
  • Clinton plan 'a threat to US ports'
    THE Clinton administration's current proposal to support harbour development work by charging ships a user fee, could send ships elsewhere claims a US port cheif
  • Indian dredger to replace fleet
    STATE owned Dredging Corporation of India will be augmenting its dredging capacity by spending Rs 6,500m ($155m) during the ninth plan.
  • Reward for capture of captain
    A reward of 200,000 Pesos ($4,600) has been put up for information leading to the capture, dead or alive of the master of the Princess of the Orient, which sank on September 18.

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Antwerpse Lloyd n.v.web site
OCTOBER 2, 1998
  • L'UE reprend la discussion sur l'Eurovignette et l'accord de transit avec les Suisses
    Les ministres européens du Transport réouvriront les négociations sur la hausse de l'Eurovignette - négociations interrompues pendant de longs mois - aujourd'hui à Luxembourg. La discussion a trait à trois points importants: le montant de la vignette et le degré de différentiation, la remise pour les poids lourds des régions périphérignes de l'UE et la taxe séparée pour le Brenner. En ce qui concerne ce dernier point, le processus décisionnel est indissociable de l'accord de transit avec la Suisse pour le transport routier lourd à partir de l'UE.
  • Rusco Line (NVO) mise sur Anvers pour les containers et le breakbulk
    Un nouvel opérateur fait son apparition à Anvers, en l'occurrence la firme Rusco Line Intl, qui intervient en tant que NVO pour l'exploitation d'un service régulier assuré à destination de la Finlande, mais surtout de la Russie et d'autres Etats de la CEI. Il s'agit d'une joint-venture réalisée à 50/50 entre Coli Shipping (UK) Ltd, déjà impliquée dans ce trafic, et Trans Business Europe Oy, Ltd, qui est également un des plus grands opérateurs logistiques privés en Russie. Un accord portant sur 5 ans a été passé avec l'armement Transfennica, qui dessert les ports finlandais de Kotka (qui sera supprimé en janvier) et Hamina d'où les cargaisons seront acheminées vers la Russie et d'autres destinations. A Anvers le partenaire est la firme Herfurth & Co s.a. qui intervient en tant qu'agent.
  • Nissan cherche à coopérer avec Daimler-Benz dans le véhicule utilitaire en Europe
    Nissan a la ferme intention de demeurer sur le marché européen du camion, en dépit du fait que ce n'en est qu'un acteur mineur. La présentation du camion léger Cabstar "E" de 2,8 à 4,5 tonnes, qui remplace la version châssis-cabine du Trade en est le témoignage. La prochaine étape sera le lancement à la fin de l'année prochaine des nouveaux camions de léger et moyen tonnage ECO-T. Par contre, le remplacement du Trade Van (la version fourgon de cet utilitaire) a été gelé. Apparemment, Nissan Vehiculos Industriales attend de voir quelles seront les coopérations possible avec Mercedes-Benz.

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Daily Commercial Newsweb site
OCTOBER 2, 1998
  • Legal action dropped, MUA claims
    The path to further waterfront reform in Australia has been cleared following a decision by P&O Ports to drop its legal action against the Maritime Union of Australia.
    This was confirmed yesterday by the national secretary of the union, John Coombs.
    Mr Coombs told DCN the legal issues which were hampering the progress of discussions on further reform have been settled to the satisfaction of the union.
    Asked whether this meant that the actions had been dropped, Mr Coombs replied "yes", adding that correspondence to this effect was now on the way.
    The union has been reluctant to enter into discussions of further reforms while the threat of legal action hung over its head.
  • Mr Presley has left the port
    In a maritime world now dominated by expensively-fashioned and rigidly-maintained corporate identities it's a rare to discover a ship with its own identity -- and a story behind that identity.
    Melbourne this week played host to the splendidly-named Love Me Tender, a 9973 GRT bulk carrier completed late last year in China for registered owners Hawk Maritime Corp and sailing under the flag of Hong Kong.
    The ship undertook a southbound voyage into Australia on charter to Singapore-based POST with steel and then handed over in Melbourne to Jebsens for a Brisbane-Fiji trip with coal.
  • Hastings battles to save trade
    The south-eastern Victorian port of Hastings (Western Port) is feeling shock waves from the explosions and fires at Esso's Longford plant last week as the two principal users deal with the consequences.
    Vessel movements at the port have virtually ceased as the production and processing of crude oil, propane and butane have been halted since last Friday.
    Imports of slab and coil steel could also be affected, as the BHP Lysaght plant at Western Port, which is gas powered, has ceased operating.
    DCN understands BHP has been stockpiling slab, which it ships from the Port Kembla steelworks on the ro-ro/steel products carrier Iron Monarch. A shipment arrived yesterday afternoon, the second to arrive at BHP since production stopped, but there is only enough room to store another two shipments.
  • Robe seeks access to Hamersley's rail network
    Robe River Iron Associates (RRIA) is seeking access to part of Hamersley Iron's Pilbara rail network to reduce capital expenditure for its proposed $1 billion West Angeles mine.
    Robe has applied to the National Competition Council (NCC) for a ruling under the Trade Practices Act to force Hamersley to negotiate terms and access with it.
    The West Angeles mine is due to come on stream in 2001 and Robe's proposal to link into Hamersley's rail network would considerably reduce Robe's outlay for the project.
    By linking in to Hamersley's rail network it would only need to build a 65km extension to West Angeles.
  • Parties trade blows over excise
    Shadow Industry Minister Simon Crean has been accused by Transport Minister Mark Vaile of claiming that the coalition's planned reductions in diesel excise would not be fully passed on to consumers "when the Labor Party's own analysis says exactly the opposite".
    In an interview on ABC Radio on Wednesday, Mr Crean said anyone who believed reductions in the diesel excise would be fully passed on to consumers, "may as well believe in, you know, the tooth fairy".

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International Transport Journalweb site
OCTOBER 2, 1998
  • Jacques R. Saadé: "One should not be too greedy". Short-term profits may be attractive, but it is better to take a long-term view, according to the president of the CMA-CGM Group.
  • Evergreen celebrates 30 years of successful operation.
  • "K" Line/Yangming boost east Mediterranean-Europe service.
  • Nordana upgrades its Mediterranean-Caribbean-USA service.
  • Unifeeder launches link to Tallinn.
  • Transline serves Kiel-Riga route.
  • Horn Linie expands in the Caribbean.
  • Pan Ocean calls at Kwangyang.
  • Finnlines is satisfied with its results, and gains a new parent.
  • Sloman Neptun's result as predicted.
  • Naca is formed by Brennan International, Conterm and DCL.
  • Viewpoint: Gontard asks why a proved good - the Shipping Act of 1984 - must be changed.
Ports and Terminals
  • Dedicated terminal for Maersk in Rotterdam. A joint venture has been formed by ECT and Maersk Line to set up a new terminal at Rotterdam Maasvlakte.
  • Two 6000-TEU ships call at Gothenburg simultaneously.
  • In the Baltic, St Petersburg is due for upgrading and Latvia is attracting overseas investment.
  • PSA's Pasir Panjang shows good progress in its first year.
  • Vostochny upgrades its CFS.
  • Santos Tecon 1 in on track.
  • Calendar of events: TOC 99 in Genoa.
  • Virgin flies daily to Tokyo.
  • Polar Air serves Johannesburg.
  • LH/Air China boost cooperation.
  • Delta/Korean expand codesharing.
  • Varig announces schedule changes.
  • Philippine Airlines has ceased operations after 57 years, but Cathay Pacific will set up a new domestic network in the Philippines.
  • A new world alliance is formed by five carriers: oneworld.
  • Air Lanka is being reorganised.
  • UPS orders Airbus freighters.
  • U-Express is launched in Asia.
  • Emery launches Gold Priority to Mexico and expands in Singapore.
  • Emirates names agent in Korea and orders Airbuses to expand fleet.
  • The Fiata world congress in Sydney this year laid emphasis on the importance of EDI, and forwarders must keep up if they are to survive.
Africa and East Med
  • Maersk introduces new Mediterranean feeder services.
  • Airports in Uganda and Tunisia are to be upgraded.
Middle East
  • Cory Towage places contract for tugs for Salalah/Oman.
  • A new service calls at Sharjah Container Terminal.
  • Taiwanese shipping lines may serve the China-Taiwan trade semi-direct.
  • U-Freight strengthens Asian network.
  • Schenker opens centre in Singapore.
  • Geo Logistics adopts new global brand strategy.
  • GPA reports record 1998 at Savannah and Brunswick.
  • Transmares opens new niches.
  • Crowley boosts Caribbean services.
  • Argentina's railways face change, and two are sold to Brazilian firms.
UK and Ireland
  • RH moves to its new "airspeed terminal" in Liverpool.
  • Record cargo throughput at Cork during the first half of 1998.

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TradeWindsweb site
OCTOBER 2, 1998
  • Protectionism rears its head
    FREE TRADE IN SHIPPING is under threat. The financial crisis afflicting the world economy is producing calls for protectionism from opposite ends of the globe. Chinese owners are reacting to their first taste of Western-style recession by starting moves to regulate dry cargo rates on traffic in and out of the country. Zhen Xuezhong (above left) of the China Shipowners Association is rounding up owners for a regulation committee. They are not alone. Western European shipbuilders are calling for an about-turn on an agreement to phase out subsidies in two years. Meyer Werft boss Bernard Werft (above right) claims the yards face ruin from Far East builders.
  • Brokers in high times
  • DnB takes round one
  • High and dry crews
  • Bulk trade anomaly
  • Cabotage shake-up

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