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21 September 2020 The on-line newspaper devoted to the world of transports 00:44 GMT+2

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Shipping Timesweb site
NOVEMBER 10, 1998
Shipping News
  • Call for int'l standard to test ships for Y2000 bug
    No current measures to decide which ships are millennium resistant: Rotterdam port official
  • Shipmanager denies China's smuggling claim
  • Yantian port aims to be China's 2nd busiest
  • More autonomy for Cosco
Air and Land Transport
  • Lufthansa expanding in Asia despite crisis
    It has mainly intercontinental routes and fewer intra-Asian operations
  • America West, EVA to start code-sharing
  • Dassault in talks with French govt on revamp
  • VW may build Beetle in Europe
  • Winning with safety, quality
    Ship manager V Ships finds its goals of safety and quality can create a dynamic profitable environment

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Sched Netweb site
NOVEMBER 10, 1998
  • Panama Canal results unaffected by El Nino
  • Tacoma readies for crane arrival
  • Four saved in Zim rescue effort
  • CMA CGM Group upgrades service to Indonesia
  • New Orleans terminal construction faces obstacles
  • Qantas enhances US-Australia freighter services
  • Delta and Aeromexico introduce 4th code-share flight
  • UPS ranked world's most admired
  • British Airways signs agreement with Nigeria Airways

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Cargowebweb site
NOVEMBER 9, 1998
  • Court ruling against CMA-CGM merger
  • Excellent results NYK and Mitsui OSK
  • Cathay Pacific to acquire PAL
  • P&O Nedlloyd office in China
  • Dutch cabinet's unswerving support for Betuwelijn
  • KLM/Northwest freight alliance not before 1999

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The Journal of Commerceweb site
NOVEMBER 10, 1998
  • Livingston seen as a businessman with a temper
  • Wary US investors fear Venezuela turning left following election
  • Shippers see a snub in Slater's conference
  • Clinton could regain sanction power as disarrayed Republicans try to regroup
  • Commerce Secretary Daley unsure if Democratic gains will help fast track
  • USDA official says Brazil's end to health ban against US wheat is encouraging
  • Union Pacific looking at hiring 60,000 new workers over next 12 years
  • US-EU banana stand-off could trigger trade war
  • Customs adds another 63 names to its Hong Kong illegal transshipment list
  • Colombian government willing to meet with truckers to avert strike
  • BAX gets Asian logistics contract from Motorola
  • Fepasa privatization faces another delay
  • US, EU seek harmony in transport rules
  • Montana rail project seeks STB extension
  • STB derails trackage rights expansion
  • Canadian National opens distribution center for steel
  • Gains in all sectors push JOC index
  • West Coast operators find a niche
  • Keppel slashing staff and costs to remain afloat
  • Mitch delivers latest blow to Mississippi ports
  • Cosco cuts ties to Chinese ministry
  • Samsung reports $355 million order for container ships

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Cyber Shipping Guide - Ocean Commerceweb site
NOVEMBER 10, 1998
  • US Agrees to Aid 3.1 Million Tons of Food to Russia
  • Hanjin Inaugurates 7th 5,300-TEU Vessel
  • APL Celebrates 150th Anniversary
  • Fukuyama Port Celebrates First Thai Ship

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Exim Indiaweb site
NOVEMBER 10, 1998
  • Co-ordinating export incentives
  • Satisfied with operational systems Maersk enters ICD-Dashrath
  • Working of Customs during 3-day strike
  • New areas for trade ties with Malaysia listed
  • Easing sanctions means access to US credit: CII
  • Phase out subsidy on phone calls: IMC
  • Govt. clears ICD-Bhadohi
  • Forex reserves shoot up by $ 35m.
  • Infrastructure companies can lend on easier terms
  • Garment exporters seek govt. help
  • FIPB clears Essar Shipping's FDI plans
  • Exit sanctions, enter infrastructure
  • 8 mega power projects allowed duty-free import of capital goods
  • Infrastructure industry growth falls
  • CD-ROM of overseas importers

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Cargo Info Africa - Freight & Trading Weeklyweb site
NOVEMBER 10, 1998
  • Ring speaks out against liquidation order
  • Status Maritime to launch Europe service in January
  • Mauritius freighter competes with sea on fruit exports
  • Narrowing margins force Outspan Unifruco merger
  • Durban's new cranes arrive
  • Ecu Line set to open in China
  • Local freight package to launch in US and UK
  • State could share Transnet's pension debt to speed privatisation
  • Port access to be upgraded
  • SA - Uganda rail service gets moving
  • Meat importer gets 25 years for customs fraud
  • SARS delays border post clampdown
  • Airship wants a slice of freight transport pie
  • Vehicle database aims to put a stop to crime
  • Export activity in PE intensifies as local companies score major orders
  • PE approaches import/export balance thanks to car makers
  • Mauritius Freeport as the hub of the southern Indian Ocean?.
  • 'Cost-related port pricing needs public/private sector co-operation'
  • Freeport turnover leaps 1000% in three years
  • Freeport will foster symbiotic relationship
  • Port authorities have upgraded to enhance transhipment status
  • Cost-shaving is the name of the game as exporters battle tough market conditions
  • Crop of new publications explores the industry
  • For the record
  • Durban car terminal opens officially with 56 000 units expected in the first year
  • Industry doyen retires
  • Mozambique looks at joint ventures to neutralise SA competition
  • Stakeholders find solutions to overborder delays
  • Business and government promote alliances on Zimbabwe route
  • Make an offer and cruise to the US
  • Apron Services wins ACSA handling licence
  • Listing puts a smile on everyone's face

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Lloyd's Listweb site
NOVEMBER 10, 1998
  • Ateliers told to repay $328m aid
    Struggling French shipyard Ateliers et Chantiers du Havre suffered a major blow yesterday when it was revealed that the European Commission had ruled that French government aid totalling FFr1.8bn ($328m) was illegal and should be repaid.
  • South Korea 'dumping' leads to layoffs at Aker
    Norwegian-controlled Aker Finnyards is to lay off an unspecified number of its 1,150-strong workforce, writes Rajesh Joshi, Oslo Correspondent.
  • General Dynamics gets Nassco takeover boost
    THE proposed acquisition of National Steel and Shipbuilding parent Nassco Holdings by giant US defence contractor General Dynamics is a step closer to completion thanks to just-granted US Defence Department (DoD) approval of the $415m deal.
  • K-Line hit by operating costs
    CAR carrier services and the tanker trades helped underpin half year results of Kawasaki Kisen Kaisha, which reported a drop in pre-tax income for the period as vessel operating costs increased.
  • Empty boxships threat to small bulker sector
    THE empty stomachs of today's containership fleet means that the world's smaller bulkers are facing a struggle - where only the fittest will survive.
  • HDW in pact with Chinese shipyards
    CHINA State Shipbuilding Corp and German shipyard Howaldtswerke-Deutsche Werft (HDW) in Kiel have signed a memorandum of understanding to co-operate on newbuilding projects.
  • Daedong awaits Tsakos go-ahead
    SOUTH Korea's Daedong Shipbuilding says it will discover tomorrow whether Greek shipowner Nikolaos Tsakos intends to proceed with his much-delayed plans to order coated panamax tankers at the bankrupt shipyard.
  • Panama renews objections to US bases
    IN an address coinciding with Panama's independence celebrations this week, president Ernesto Perez Balladares, again rejected the proposal of a conservative group of US congressmen to maintain US military bases at the Panama Canal after the year 2000.

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Fairplayweb site
NOVEMBER 9, 1998
  • Changes rumoured at Polish Baltic
    CHANGES to the management team at state owned Polish Baltic Shipping Co (PZB) are considered likely at today's executive board meeting.
  • India-Pak conference imposes currency curbs
    FOLLOWING increasing difficulties in repatriating freight remittances overseas, IPBCC lines have restricted payments in Pakistan currency.
  • Dunkirk-Ramsgate venture to be launched
    FRENCH ship operator Delom is to launch a roro service between Dunkirk and Ramsgate on November 16.
  • Pallas salvage bid called off
    ALL salvage operations involving the general cargoship Pallas were ended on November 6 when the vessel broke its back.
  • CMA-CGM merger is blocked
    FRENCH liner shipping group CMA-CGM has been hit by a decision by the Nanterre (Paris) Tribunal of Commerce to suspend the merger of the two companies.
  • P&O Ports ups Cagliari stake
    P&O PORTS has increased its stake in Porto Industriale di Cagliari, the company holding the concession to operate the Cagliari container terminal in southern Sardinia.
  • Fincantieri pleads for EU support
    FINCANTIERI md Saverio Di Macco has pleaded with the EU to support European shipyards in combating the dumping policy of Asian countries.
  • Dutch plan to aid ailing yard
    THE Dutch government is ready to make Df 60m ($32m) available for Vlissingen's troubled De Schelde shipyard.
  • Offshore vessels head for Caspian
    THREE of the five offshore vessels ordered by Wagenborg Shipping of Delfzijl have departed to the Caspian Sea for use by the Offshore Kazakhstan International Operating Company.
  • Tianjin ousts Shanghai
    TIANJIN has replaced Shanghai as the most favoured Chinese port for South Korean services over the first seven months of the year.
  • LA awards Yang Ming rail contract
    A CONTRACT has been awarded to build an intermodal rail facility for Yang Ming Line at the Port of Los Angeles.
  • Docenave plans four bulkers
    DOCENAVE, the Brazilian operator, has delivered a letter of intent to the merchant marine shipping institution, BNDES, regarding orders for four bulk carriers.
  • First PacifiCat exceeds expectations
    CANADA'S Catamaran Ferries International, which is building three fast vehicle-carrying catamarans for the Vancouver Island trade, has exceeded expectations during sea trials.
  • Chennai surcharge 'not withdrawn'
    CHENNAI feeder operators have refuted the Port Trust's claim that they have agreed to withdraw the congestion surcharge on containers.
  • EU to probe German yard
    EU COMPETITION commissioner Karel Van Miert is starting an investigation into whether Kv'rner Warnow-Werft has exceeded its EU newbuilding capacity.
  • Patrick back in court
    PATRICK, the troubled Australian stevedore, is in court again facing a class action from sacked non-union labour.
  • Aker Finnyards to cut workforce
    AKER Finnyards, the Rauma-based shipyard, has started talks with representatives of its 1,150 strong workforce about layoffs or job losses.
  • Finland/Norway plan to cut shipbuilding aid
    BOTH Finland and Norway are planning to cut state aid to the shipbuilding industry.

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Antwerpse Lloyd n.v.web site
NOVEMBER 10, 1998
  • Les opérateurs citerniers belges veulent établir un nouveau rapport commercial avec les affréteurs
    La nouvelle situation qui résultera de la libéralisation anticipée du marché belge de la navigation intérieure en date du 1ier décembre prochain, suscite l'inquiétude dans les milieux des opérateurs citerniers belges. Les rapports déjà délicats entre affréteurs et transporteurs menacent de se compliquer davantage. Les contrats à terme entre les transporteurs et affréteurs individuels constituent la principale préoccupation. De nombreux transporteurs souhaitent une révision de leur contrat, mais les affréteurs ne semblent pas enclins à les suivre dans cette voie, dit-on du côté des transporteurs.
  • Cathay Pacific s'attaque à la crise avec un programme d'action différencié
    La crise asiatique a également affecté les compagnies aériennes de la région. Pour la première fois en trente-cinq ans, la compagnie Cathay Pacific de Hong-Kong a enregistré des chiffres rouges au cours du premier semestre. Elle ne baisse pourtant pas les bras et a lancé un programme d'action différencié pour redresser la situation, a pu apprendre la presse européenne au quartier-général de Cathay au nouvel aéroport de Chek Lap Kok.
  • CMA et CGM sous la surveillance d'un "observateur indépendant"
    L'ordonnance prise par le Tribunal de Commerce de Nanterre, dans la banlieue parisienne (voir LL du 6/11) et suspendant le processus de fusion entre la Compagnie Maritime d'Affrètement (CMA, Marseille) et la Compagnie Générale Maritime (CGM, Paris) crée une situation nouvelle, même si la décision du tribunal ne concerne pas le fond. Autrement dit, ce n'est pas le principe même de la fusion qui est en cause. Mais, suite à sa décision de suspendre le processus de fusion entre la CMA et la CGM, le tribunal a nommé un administrateur judiciaire en qualité d'observateur.
  • P&O Ports prend une participation dans le terminal de Cagliari
    P&O Ports, la filiale portuaire australienne du groupe P&O, a annoncé qu'elle va prendre une participation de 32% dans le nouveau terminal à containers de Calgiari, en Sardaigne. "Nous estimons que Cagliari peut s'ériger comme le hub et centre de transhipment par excellence dans la partie centrale de la Méditerranée", a déclaré Richard Setchell, le président de P&O Ports. "La gestion et le savoir-faire de P&O combinés à l'expérience locale et les connaissances des actionnaires restants sont les garants de l'éfficacité et de la compétitivité du terminal", a-t-il ajouté.

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Daily Commercial Newsweb site
NOVEMBER 10, 1998
  • "Third force" for airports to reckon with
    Door-to-door express freight company Federal Express wants to see the Airports Council International assume a standard-setting role for the special needs express freight operators.
    Its credentials for advising airport leaders are size of business and fleet.
    It employs 143,000 people on the processing of some three million packages a night and has 615 aircraft, placing it in the world's top five of aircraft owners, including the major airlines.
  • Hong Kong troubles slashed loads
    The cargo chaos which ruined the opening of Hong Kong's new airport in July severely affected air freight movements between Australia and Hong Kong, with new figures showing that the amount of freight carried on the route plummeted by up to 50 per cent.
    According to the latest aviation report from the commonwealth Department of Transport, the total amount of air freight carried in July between Hong Kong and Australia decreased by 41.2 per cent over the same period in 1997.
    Inbound air freight was hampered the most, with a 48.5 per cent drop in traffic, while outbound freight traffic suffered a 35.3 per cent decline. The figures show that 3975.8 tonnes of freight was carried between the two destinations in July compared to 6761.2 tonnes in July last year.
  • Trailerail delays start-up
    National Rail's successful bi-modal refrigerated operation Trailerail will now begin its inaugural Sydney to Perth train service in the latter half of January because of delays to the manufacture of new trailers.
    Trailerail general manager Graeme Jaensch told DCN yesterday the long-awaited weekly service, originally planned to start this month, had been delayed until next year because the trailers for the new service had not yet been completed.
    "We've had a few problems with our trailer manufacturers and consequently we won't be starting until January," Mr Jaensch said. "We won't have enough (trailers) to run an economic train until January."
  • Teekay, AMOU agree EBA
    Teekay Shipping (Australia) and the Australian Maritime Officers Union have reached agreement on a three-year extension of their enterprise agreement.
    The document, which will take the parties until July, 2001, was yesterday ratified by the Australian Industrial Relations Commission.
    Teekay Shipping (Australia) managing director Paul Bendy told DCN yesterday the agreement included wage rises, offset by a number of productivity improvements which the deck officers were prepared to make.
    Mr Bendy did not wish to disclose the level of wage rises involved, noting that it did not give a true picture, particularly as the officers had agreed to a number of productivity issues.

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Marine Linkweb site
NOVEMBER 9, 1998
  • Sanko Eternal Sold
    The 96,117 dwt tanker Sanko Eternal was reportedly sold for $21 million with 5 years time charter back at $17,000 to clients of Greek shipping company Tomasos.
  • Swedish Orient Line To Flag Out Two Ships
    Swedish Orient Line AB reportedly will flag out two of its four RoRo vessels to achieve cost savings of 5-6 million Swedish crowns per year. The full impact of the savings was not expected to be felt until July 1, 1999.
  • IEA Offers Warning On Oil Demand
    Prospects for a recovery next year in petroleum consumption have diminished, the International Energy Agency (IEA) said, citing the continuing world financial crisis, particularly in the Far East. "Oil demand in 1998 and 1999 has been revised downwards to reflect the latest reported oil demand and economic information, which have both been lower than expected."
  • Maritrans To Use Tanker Acquisition During 4Q
    Maritrans Inc. reportedly intends to start using its latest tanker acquisition in the Gulf of Mexico during the fourth quarter. This vessel will begin transporting refined products in the Gulf of Mexico.  The double-hulled tanker was acquired in August when it entered a shipyard for maintenance and modifications.
  • Hyundai Heavy Wins $960M In Orders
    Hyundai Heavy Industries Co. reportedly won orders worth $960 million from three foreign companies to build 13 vessels. Hyundai Heavy said it had won one order worth $650 million from Stena of Sweden to build eight 316,000-ton VLCCs. Hyundai Heavy also reportedly won an order worth $160 million from Iranian state-run shipping company Islamic Republic Iran Shipping Lines to build four 3,300-TEU containerships, and an order from a French consortium of Buoygues Offshore and McDermott-ETPM worth $150 million to build one FPSO ship.
  • Pentagon Backs General Dynamics Purchase
    The Defense Department reportedly has notified the Justice Department Antitrust Division that it had no objection to General Dynamics Corp.'s proposed purchase of National Steel and Shipbuilding Co. of San Diego.

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