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15 December 2019 The on-line newspaper devoted to the world of transports 08:08 GMT+1



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Shipping Timesweb site
DECEMBER 3, 1998
Shipping News
  • Rosy outlook for Asian cruise market despite crisis
    Engines of growth will come from China, India and Japan
  • Two berths at Port Raysut terminal now operational
  • Greek salvor seeks joint venture partners
  • Frontline's profit up 34% in third quarter
Air and Land Transport
  • Asia-Pacific airline passenger growth up in Sept
    Turnaround in industry possible, says airline association
  • Boeing to cut more jobs, slash output
  • Cathay Pacific pulls out of talks with Philippine Airlines
  • Cathay's Oct passenger revenue below target
  • Hyundai, Kia report falling sales
  • Northwest signs deal with flight dispatchers
Features
  • New system causes concern
    Technicians are not happy with mainframe replacements for air traffic control centres
Columns
  • SKorea's low prices are less risky than they look

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Sched Netweb site
DECEMBER 3, 1998
  • Shanghai results blamed on transshipment drop
  • Unions retain power at Santos
  • Sea-Land/ECT to improve PMPH
  • Zim attributes profits to more operational scope
  • MPA issues fourth Singapore public towage license
  • Manila tariffs raised despite outrage from carriers
  • FedEx ready to serve clients despite FPA job action threats
  • Polar dismisses rumours
  • Constant expansions for airfreight industry
  • US security public hearing set for February

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Cargowebweb site
DECEMBER 2, 1998
  • Deutsche Bahn wants stake in ECT
  • Cargoweb and the Rotterdam Port Promotion Council building website at InterFreight
  • ECT in Belgian terminal joint venture
  • Judge permits infringement of Schiphol noise norms
  • KLM seeks co-operation with Air China
  • 38 percent growth port of Ningbo

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The Journal of Commerceweb site
DECEMBER 3, 1998
Home
  • Commerce avoids export license freeze
  • Carriers map plans for new alliance
  • Dock strike threat eases on West Coast
  • Brazil backs off -- for now; FMC delays possible retaliation
  • US, EU slow vote at WTO
  • World Banks foresees continuing slump in 1999
  • Ballot-counting set to start in Teamsters election
  • Ryder expands contract with retailer Bombay Co.
  • Trade insurer Intercargo merges with Exel Ltd.
Transportation
  • EU approve truck deal, raising fees
  • German rail hike stuns failing industry
  • Asian crisis drives down global air cargo traffic
  • US-owned rail eyes Polish, Estonian deals
  • Deal allows bigger trucks over the Alps
  • Cathay pulls out of Philippine Air talks
Maritime
  • Four pool service to Europe, S. America
  • Oceangoing vessels: wave of future for Seaway?
  • Steel altering Great Lakes' economy
  • STB reviews automated tariff filings
  • Pakistan to release exchange capital
  • Slot watch

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Cyber Shipping Guide - Ocean Commerceweb site
DECEMBER 3, 1998
  • MOT Unveils Port Deregulation Draft
  • New Vessel Sharing Pact Mulled in Gulf/Europe Trade

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urgente online pressweb site
DECEMBER 3, 1998
  • España, Italia, Portugal y Grecia pagarán el 65 por ciento de la tasa de transporte
  • "Jornadas sobre transporte de mercancías peligrosas por vía terrestre y marítima"
  • Chronopost ofrece apoyo logístico al comercio electr'nico
  • El presidente de Melilla pide más transporte aéreo
  • Renfe entrega los trenes de la Compañía Paulista
  • Lufthansa reduce las comisiones a las agencias de viaje españolas
  • Continental y Northwest crean la cuarta línea aérea más grande del mundo

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Exim Indiaweb site
DECEMBER 3, 1998
  • Memo to MoST on vital need for full-time ChPT chairmen
  • Exim Club organises seminar on ICD-Dashrath
  • Record pepper production predicted
  • WTO members planning sectoral tariff reductions in nine areas
  • Maharashtra has approved
  • Expressways work may begin this month-end
  • Russia to double Indian medicine purchases in '99
  • Encouraging trend in seafood exports
  • AP forms authority to monitor setting up of int'l airport
  • Gold imports shoot up
  • Cotton Advisory Board forecasts record production of 175 lakh bales
  • City corporate tax collection up
  • Textile export credit at 9 pc extended till Diwali
  • ECU-Line offers weekly service to Limassol
  • Easier visa norms for tourists soon
  • Federation of Ship-Agents' Associations of India

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Lloyd's Listweb site
DECEMBER 3, 1998
  • Ceres sells ferry stake to Minoan
    GREECE'S Ceres group, headed by Peter Livanos, has agreed to cede a majority stake in its fleet of 26 hydrofoils and two catamarans to Cretan based Minoan Lines in a merger of the two companies' fast ferry businesses in Greek waters.
  • PanOceanic bonds deal sidesteps default threat
    Financially-pressed PanOceanic Bulk Carriers has secured a deal with bondholders which should ensure that the company does not default on a $6m interest payment later this month.
  • Bulk market downturn deepens Anangel losses
    Anangel-American Shipholdings suffered increased losses in the third quarter as the poor bulk carrier market took its toll.
  • Enterprises contracts knock ratings back
    Enterprises Shipholding's decision to take over seven newbuilding contracts has knocked its credit rating, writes Tony Gray.
  • Brazil ports face threat of more strikes
    NEW strikes throughout the Brazilian port network are expected at the beginning of next year as private port operators are calling for a final showdown with unionised labour.
  • Bank writ seeks $8m from Ilion owner
    FIRST National Bank of Maryland has launched the latest round of its continuing legal campaign against the Greek shipowning community, with a writ in London seeking over $8m from the owners of Ilion.
  • Brussels and carriers close to peace
    Container shipping lines are very close to a settlement with the European Commission that could mark the start of a new era for the liner trades, industry leaders signalled yesterday.
  • TT Club sounds alarm over the adequacy of container stowage
    THE TT Club, the mutual insurer for the through transport industry, has cast doubt on the onboard stowing of containers and the adequacy of container securing systems in the light of the recent storm damage to four of the world's largest container vessels.

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Fairplayweb site
DECEMBER 2, 1998
  • Europe best for cruise growth claim
    EUROPE'S burgeoning cruise market still offers the biggest opportunities for growth, both in deployment and sourcing terms, according to US cruise giant Royal Caribbean International
  • Greek port workers to strike
    PORT workers in Greece have announced a five-day strike from December 11 to 15 in protest against planned changes in the corporate status of Piraeus and Thessaloniki ports.
  • Port productivity claims slammed by MUA
    CLAIMS of 'world best' productivity rates on Melbourne's wharves have been hotly disputed by MUA boss John Coombs.
  • Minoan takes control of hydrofoil operator
    MINOAN Highspeed, a subsidiary of Athens-listed Minoan Lines, has bought a majority 60 per cent stake in Livanos-owned Ceres Hydrofoils at a price reportedly close to $100m.
  • Gdansk Shipyard sale expected today
    EMIL Wasacz, the Polish treasury minister, revealed yesterday that there were no obstacles to the transfer today of Gdansk Shipyard to Tricity Shipbuilding Corp.
  • Asian owners reject Y2K plan
    ASIAN shipowners have spoken out against a recent proposal to include a declaration of Y2K compliance by masters in their new regional mandatory reporting system.
  • Star Cruises to seek Nasdaq listing
    COLIN Au, chairman and ceo of Asian cruise operator Star Cruises, today confirmed his company was looking to gain a Nasdaq listing to fund further fleet expansion plans.
  • Fredriksen's Hemen takes ten from Frontline
    HEMEN Holdings, a company indirectly controlled by John Fredriksen, has taken over from Frontline the ten tankers acquired from Cambridge Tankers earlier this year.
  • PZM workers accept management proposals
    RADICAL restructuring of operations at Polish Steamship Co (PZM), proposed by the temporary management team, appear to have been accepted by the employees' council.
  • EU rail investment 'far too slow'
    LACK of investment in special rail freight projects by the EU and member countries' railway companies is slowing the progress of intermodalism.
  • Transamerica slashes leasing costs
    TRANSAMERICA Leasing, the container lessor, has launched a low cost lease alternative for shipping lines and forwarders.
  • Confusion reigns in Indian insurance
    CONFUSION over Indian insurance reforms has arisen following conflicting statements by three government spokesmen.
  • Chevron names first of four new vlccs
    CHEVRON has christened the first of four double hull vlccs under construction at Samsung shipyard in Koje, South Korea.
  • San Francisco seeks cruise terminal proposals
    SAN Francisco has asked developers to submit proposals for the construction of a major new waterfront cruise terminal in anticipation of an increase in cruise activity.

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Daily Commercial Newsweb site
DECEMBER 3, 1998
  • AELA goes ahead with rate rise
    Shippers in the Australia to Europe trade will feel one of the sharpest rate increases in years when the Australia to Europe Liner Association imposes a general rate increase from 1 February.
    Despite failing to reach agreement with the Australian Peak Shippers Association, AELA members will apply a general rate increase of $250 per 20 foot container and $300 per 40 foot container for dry cargo as well as $350 per 20 foot container and $550 per 40 foot container for reefer cargo.
    A subsequent increase will apply from 1 July of $50 per 20 foot container and $100 per 40 foot container for dry cargo only.
  • Rail lobbies ATC over spending
    The rail industry has stepped up its lobbying efforts ahead of tomorrow's [fri] meeting in Melbourne of Australian transport ministers, with the release of a new survey which shows the majority of Australians are opposed to heavier and longer trucks on Australia's roads.
    The Newspoll survey, which was commissioned by the Australasian Railway Association, also found that 91 per cent of survey respondents wanted more money spent on the rail freight industry.
    According to the survey, 84 per cent of respondents were opposed to the introduction of heavier and longer trucks on Australia's roads. Seven out of 10 participants also believed there were too many large trucks on the road.
  • IPA sets out trade-offs
    P&O Ports will withdraw from the third stage of the Stevedoring Industry Award simplification or stripping back process on the condition that agreement is reached with the Maritime Union of Australia on its in-principle agreement and enterprise agreements.
    This is understood to be one of the conditions set out in the in-principle agreement considered by the MUA's national council last week.
    The first two stages of the simplification process are now substantially complete and subject to the outcome of a Full Bench decision on leave matters and the outcome of the ministerial review, a point which the document acknowledges.
  • Officer shortage growing: ISF
    A deteriorating manpower situation has been reported by the International Shipping Federation (ISF) which has just published the results of an interim manpower survey.
    The survey, conducted among its member national shipowners' associations, including Australia, indicates that the gap between worldwide supply and demand for officers appears to be growing.
    Shortages were reported by most national shipowners' associations particularly among engineers.
  • Howard Smith reviews as Cole steps down
    Howard Smith Towage yesterday announced an extensive management review aimed at more closely integrating local port operations with the company's international market focus.
    Howard Smith managing director Dr Ken Moss said the review was part of an ongoing plan to contain costs, improve customer service and build strategic alliances with customers worldwide.
    "A review was initiated by the chief executive of our Australian towage operations, Dale Cole, as part of an ongoing program of change to improve the organisation's effectiveness," Dr Moss said.

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