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01 October 2020 The on-line newspaper devoted to the world of transports 20:49 GMT+2

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Shipping Timesweb site
NOVEMBER 13, 1998
Shipping News
  • S'pore shippers slam planned freight rate hikes
    Transpacific lines' proposal will affect local exporters' edge, SNSC chairman says
  • Promotion of Port Klang not seen to hit M'sian ports
  • Johor Port's throughput falls in Jan-Aug
  • German seaports' trade with Asia falls 12% in 1st half
  • Oil tankers' rates seen to drop 5-7% next year
Air and Land Transport
  • Cathay gets cautious nod for PAL investment
    HK carrier's proposed stake seen to expand Pacific routes but financial turbulence expected
  • Asian airlines near cyclical nadir: Salomon
  • Far fewer sales of Airbus 550-seater super jets seen
  • Boeing to step up checks after tool found in EgyptAir rudder
  • United cuts forecast for capacity growth in '99
  • Lufthansa Cargo expects profit in next 2 years
  • Beijing woos foreign funding
    Country has approved 125 Sino-foreign water transport joint ventures and 18 foreign ventures to end of last June
  • Aussie investigators tick off ship for inadequate crew training

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Sched Netweb site
NOVEMBER 13, 1998
  • K Line restructures services
  • Hong Kong officials visit Beijing
  • Delmas and SCL to continue slot buying deals
  • Freightliner gets non-stop train
  • FedEx names new MD for Hong Kong, Macau
  • UPS launches new shipping/tracking software
  • Dutch Air and MSAS to merge

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Cargowebweb site
NOVEMBER 12, 1998
  • Trailer operators consider rate rises unacceptable
  • RMT accepts P&O Nedlloyd job cuts
  • Brief strike at Sea-Land in Rotterdam
  • FedEx prepares for FPA job action
  • Investigation into Amsterdam Airport noise; nuisance already drops
  • Nedlloyd CEO boss of Millenniumplatform Transport

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The Journal of Commerceweb site
NOVEMBER 13, 1998
  • Lines ready for inland competition in Europe
  • Roadway taking AES to border
  • Marad employee pleads guilty to taking bribes for contracts
  • CSX, CP fail to reach deal on New York access
  • Clinton's protectionist talk signals a willingness to go to war over trade
  • UTU and BLE merge talks continuing
  • China export slump shows impact of Asia crisis
  • World Airways signs $2M cargo pact with Grupo TACA
  • Original USF Dugan driver retires
  • Polish farmers set to renew their protests over food imports
  • Continental mechanics reject contract with airline
  • STB puts condition on rail merger
  • Cocaine seized aboard Colombian military plane
  • Truck group tries to stop Arkansas tolls
  • Roadway adds trucks dedicated to Mexico
  • Federal Express says it can handle holiday package rush without pilots
  • NY/NJ plans to follow Boston's lead to lower channel-deepening costs
  • Holt offers ACL board with himself as chairman
  • Doubts grow about German waterways
  • Evergreen to launch direct Pacific service
  • P&O Nedlloyd, union agree on buyout package
  • Walter Loughery, maritime veteran, dies at 81
  • Taiwan assumes control of ports
  • European port roundup

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Cyber Shipping Guide - Ocean Commerceweb site
NOVEMBER 13, 1998
  • MOL Report Predicts Steady Supply-Demand Picture
  • Sea-Land Set to Charter Five 6,200-TEU Ships
  • Red Sea Conference Follows FEFC Rate Hike Plan
  • Box Volume from Japan to China Jumps 32% in Sept

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Exim Indiaweb site
NOVEMBER 13, 1998
  • Port development at Vadhavan not possible at this stage, says P&O Ports chief
  • FM to soften Fema, PMLB provisions
  • Indian Textile week at Dubai
  • 'Underground cavern' to store LPG at Vizag planned
  • States offering infrastructure projects on BOOT basis
  • Asian crisis has bottomed out: IMF
  • Export-oriented projects get 42 pc more IDBI sanctions
  • Signs of recovery for textile mills
  • Call to bring more area under oilseeds
  • Export target for synthetic textiles set at Rs 7,000 crore
  • Ficci picks holes in ordinance on inter-corporate investments
  • MRL tenders for Nagapattinam jetty floated
  • Quality, bilateral talks can avert NTBs, exporters told
  • MMTC offers its services to exporters
  • Foreign airlines eyeing new Kochi airport

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Marine Logweb site
NOVEMBER 13, 1998
  • New name in U.S. ship repair market
    United States Marine Repair will serve as an umbrella corporation for Southwest Marine Holdings repair companies

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Il Sole 24 Ore On Lineweb site
NOVEMBER 13, 1998
  • Imminente l'ingresso di un partner internazionale nel terminal container Ravenna, arriva lo straniero Un investimento di 200 miliardi avvia a soluzione il problema dei bassi fondali e della navigabilità
  • Il Senato vara la legge per rifinanziare il settore Cantieristica, fondi per 2.500 miliardi
  • Oggi lo sbarco di Singapore anche sulle banchine di Livorno
  • L'australiana P&O Ports da Genova a Cagliari

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Cargonews Chinaweb site
NOVEMBER 1, 1998
  • Shippers' global goal
  • Evergreen adds Yantian call
  • NOL to sell off Shanghai firms

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Lloyd's Listweb site
NOVEMBER 13, 1998
  • UK faces shipmanagement crisis
    GLASGOW'S position as a global shipmanagement centre could be destroyed by the UK's continuing failure to train seafarers, a senior industry figure has warned.
  • Experts urge retrieval of bodies from the Estonia
    A GROUP of experts has recommended retrieving the bodies from the ferry Estonia, which sank in the Baltic Sea in 1994 with the loss of 852 lives.
  • Nicaragua waterway cargo plan
    A former Lloyd's List journalist is close to obtaining approval for a waterway project which could change the dynamics of trade in Nicaragua.
  • P&I clubs confident of excess of loss cost cuts
    The International Group of P&I Clubs remains confident of a significant reduction in the cost of its $2bn excess of loss (XL) reinsurance contract for the 1999 policy year, following the latest in a series of meetings in the run-up to the contract's renewal.
  • Korea shipping seeks reform
    A raft of reforms in the South Korean shipping and ports sector is set to be implemented by the first quarter of 1999 in an effort to deregulate the country's maritime sector and attract overseas investment, a senior government official has revealed.
  • Shipowners call on state for action on taxation
    South Korean shipowners are pressing the government to reform the taxation system and liberalise the hiring of foreign seafarers to make them more internationally competitive, writes Leigh Smith.
  • Zissimatos' former yacht sold to Abu Dhabi
    A LUXURY yacht once owned by Captain Panagis Zissimatos of collapsed Adriatic Tankers has set sail for Abu Dhabi from Falmouth, writes David Barnicoat.
  • Silja ready to axe 470 staff
    LEADING Baltic ferry operator, Silja Line, is ready to axe up to 470 jobs in a major shake-up.

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Fairplayweb site
NOVEMBER 12, 1998
  • Sweden hopes ferry link can be saved
    LEIF Pagrotsky, minister for international co-operation in the Swedish government, believes that a ferry service between Vaasa in Finland and Umeå in Sweden can be saved.
  • Holt proposes new board for ACL
    HOLT Group, the largest shareholder in con-ro operator Atlantic Container Line, has decided to take a more active role in the running of the company.
  • Hanjin HI to take over Korea Tacoma
    HANJIN Heavy Industries is planning to take over unlisted affiliate Korea Tacoma Shipbuild-ing next year.
  • Silja Line sheds 200 in restructure programme
    SILJA Line, the cruise ferry operator, is to shed more than 200 jobs as part of a restructuring programme.
  • ISF warns against premature use of white list
    THE ISF has warned against the 'premature use' of the IMO's 'white list' regarding recognition of foreign certificates by port state control authorities.
  • Pilotage helicopters for South Africa
    THE first of two Italian-built helicopters to be used for pilotage duties in South African ports has arrived in South Africa.
  • Port Elizabeth receives first coal cargo
    PORT Elizabeth in South Africa has received its first shipment of coal from the Mozambican port of Maputo for almost 30 years.
  • Walenkamp replaces Witte at ISU
    HANS Walenkamp, group director at Smit International, has replaced Arnold Witte as president of the International Salvage Union.
  • Christmas cruises discounted 'for first time'
    UK CRUISING is experiencing the slowdown in bookings seen in the United States, with heavy discounting of Christmas cruises in evidence.
  • Threat of US military action lifts bunker price
    EUROPEAN bunker prices have started to rise as a result of America's threat of military strikes against Iraq.
  • US regulators to study Cargill-Continental deal
    US ANTI-TRUST regulators will be closely studying the proposed purchase by commodity giant Cargill of Continental Grain's grain handling and transport business.
  • Pentagon approves Nassco purchase
    US Department of Defense this week approved General Dynamics' proposal to purchase National Steel and Shipbuilding Co.
  • Cosco creates board of directors
    COSCO, the Chinese state-owned shipping giant, has formally announced the creation of a board of directors.
  • World Bank refusal blocks P&O port plans
    P&O Ports (Australia) is reported to have dropped plans to develop an international port at Vadhava in Gujarat because it could not get a loan from the World Bank.
  • Shipowners row prevents IOC decision
    INDIAN Oil Corp will not open bids for coastal shipping contracts until the Law Ministry has cleared up a dispute between shipowners.
  • Police to investigate container cargo theft
    FREIGHT forwarders and stevedoring companies in Batam, Indonesia, have urged the police to intensify investigations into missing containers containing export cargoes.
  • Salvage team attends DG Harmony fire
    A SALVAGE team from Smit America has arrived at the site of the blazing containership DG Harmony, which caught fire after an explosion off the Brazilian coast.
  • Libra warns of more takeovers
    BRAZIL'S government has been warned that foreign megacarriers could snap up small Brazilian lines unless a subsidy is granted to reduce capital and management costs.
  • P&O Nedlloyd reaches layoff agreement
    P&O NEDLLOYD has reached agreement with UK ratings' union RMT over the laying off of 320 ratings.
  • Norwegians agree new pay deal
    NORWEGIAN shipowners have signed a pay deal with three unions, involving 8,000 seafarers employed in the Norwegian mainland ship register.

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Antwerpse Lloyd n.v.web site
NOVEMBER 13, 1998
  • Sinotrans se profile davantage comme organisation d'expédition
    "Il y a quelques mois, nous avons effectivement eu des pourparlers avec le groupe Cosco en vue d'une fusion. Cela ne s'est pas réalisé, pour différentes raisons. D'une part, les points de vue étaient trop divergents. D'autre part, Cosco est essentiellement un armement, alors que nous nous profilons plus comme organisation d'expédition. Enfin, le gouvernement essaie d'encourager la concurrence entre les entreprises. Or, en fusionnant Sinotrans et Cosco, on créait un groupe géant qui se serait traduit par l'éclosion de situations de monopole", nous a déclaré Mme Tao Suyun, vice-présidente/executive director du groupe China National Foreign Trade Transportation Corp (Sinotrans) lors d'un face-à-face avec les membres de la mission portuaire et maritime anversoise de passage dans son quartier-général de Pékin. Ceci étant, dans certains milieux, on ne cache pas qu'un des obstacles majeurs à cette fusion a été la grande différence de culture entre les deux groupes.
  • Dan Transport reprend Nedlloyd Distribution Services au Royaume-Uni
    Dan Transport UK Ltd reprendra le 1er janvier prochain les activités de Nedlloyd Distribution Services au Royaume-Uni. Par cette fusion, la dimension géographique de la nouvelle alliance stratégique E1 (Nedlloyd, Dan Transport, Dubois et Saima Avandero) sera étendue au Royaume-Uni.
  • Le terminal à containers de Puurs accueille son premier convoi de poussage
    La firme "Opslag en Distributie Ter-Haege"(ODTH) a accueilli son premier convoi de poussage à son nouveau terminal à containers de Puurs. ODTH fait ainsi ses premiers pas vers le secteur de la navigation intérieure. L'entreprise possède des capacités d'entreposage à Rumst, Terhagen et Niel, et exploitera le nouveau complexe de transbordement qui sera construit, l'année prochaine, à Malines-Nekkerspoel.

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Daily Commercial Newsweb site
NOVEMBER 13, 1998
  • Lines flag steep Euro rates rise
    Freight rate increases of up to 16 per cent are expected in the European trade early next year.
    Yesterday, the Australian Peak Shippers Association met representatives of the Australia-New Zealand to Europe Liner Association, in Melbourne, to discuss the freight rate issue.
    The delegation of shipping line executives was led by Contship Containerlines general manager George Patterson.
    The lines are pressing for a general rate increase although, so far, this has never been agreed to by APSA in the eight years of its existence.
  • NCC slams road reform lag
    The implementation of the national road transport reform program has generally continued to fall behind schedule since mid-1997 despite there being some progress in introducing increased mass limits and updating charges for heavy vehicles, according to the National Competition Council.
    In its annual report, the NCC noted that in April this year the Australian Transport Council had agreed to increase general axle mass limits for trucks and buses fitted with road-friendly suspensions, subject to the commonwealth agreeing to provide sufficient additional funding for upgrading bridges -- a move which the NRTC estimated would save $260 million to $300 million even after the cost of bridge upgrades was taken into account.
  • P&OP plans go to MUA council
    P&O Ports' waterfront reform plans will be considered by the national council of the Maritime Union of Australia later this month.
    MUA national secretary John Coombs, back from the International Transport Workers' Federation congress in New Delhi, said yesterday the matter would be considered at the council meeting which starts on 23 November.
    The council is then expected to consult members on how best to approach the negotiations.
    Mr Coombs said P&O Ports' plans would be discussed as soon as practicable.
    Nevertheless, it appears that no agreement will be possible until sometime in the new year.
  • Brisbane flags FI expansion
    A 270-hectare expansion of the Fisherman Islands complex is being proposed by the Port of Brisbane Corporation.
    The project was launched this week with the advertisement of the draft terms of reference for the impact assessment study which will enable further expansion of cargo and port facilities as well as additional berths for the new, larger vessels for which upstream sites are too shallow.
    "Trade growth has exceeded the Corporation's projections back in 1992, particularly for containers which are two years ahead of where we said we would be in 1998," Port of Brisbane Corporation chairman Elizabeth Nosworthy said.

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Marine Linkweb site
NOVEMBER 12, 1998
  • CEFOR Warns Of Marine Insurance Losses
    The managing director of Norway's Central Union of Marine Underwriters (CEFOR) warned insurers last week that losses are inevitable in marine insurance this year and premium rates must be raised to reflect exposures. Tore Forsmo, publishing CEFOR's statistics for the Norwegian marine insurance market, said he estimated that Norwegian marine insurers would post an underwriting loss of $83.8 million in 1998, a significant deterioration from the loss of $9.6 million in 1997. Forsmo also predicted further losses of $123.3 million for the Norwegian market in 1999, representing a total loss ratio (the ratio of claims to premiums) of 158 percent.
  • Holt Group Wants To Take Active Role In ACL
    Privately-owned U.S. stevedoring and shipping company The Holt Group Inc. said on Wednesday it will propose taking a more active role in Atlantic Container Line AB. Holt said, that as ACL's largest shareholder, it would propose a number of new directors at the Oslo-listed company's extraordinary general meeting on Nov. 17.
  • Swedish Officials Urge Recovery Of Estonia Victims
    A Swedish government-sponsored committee last week urged the recovery of bodies from the ferry Estonia which sank in the Baltic Sea in 1994. Of the 852 who died, 757 are still missing, the Analysis Group for the Inspection of the Estonia Disaster said.   The 15,600 ton Estonia sank after a bow door broke away in a storm and the huge car deck was flooded while it was en route from Tallinn, Estonia, to Stockholm. Only 95 people out of 989 survived, making it Europe's worst maritime disaster since World War II.
  • ISU Mulls Rules To Simplify Casualty Comp
    Proposals to simplify compensation for the salvage of marine casualties where there is a high risk of pollution but low likely payment have been backed by a group of major ship salvage companies.  The International Salvage Union (ISU) said its members have endorsed proposals to introduce a special compensation protection and indemnity (P&I) clause (SCOPIC) which will help salvors respond to casualties where there is little prospect of reward on a traditional no cure-no pay basis.

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International Transport Journalweb site
NOVEMBER 13, 1998
  • Romania is aiming to increase the volume of freight traffic that it carries by rail, also by attracting more foreign customers.
  • Hanjin offers a new service within the Asia Europe Container service.
  • MOL announces changes in the Safari consortium sailing schedule.
  • A new Rotterdam-St Petersburg container service is launched.
  • Wallenius has entered a joint venture with Hai Sun Hup.
  • Leif Hoegh posts unchanged operating profit in the third quarter.
  • The oldest shipping line in the USA, APL Ltd, recently celebrated its 150th anniversary, undaunted by past and present downturns and crises.
  • Cameroun Shipping Lines increases its capital base.
  • There will be no merger between CMA and CGM for the time being.
  • "K" Line reports a decline in net profit for first half 1998.
  • SCL has a new name and is moving forward with unchanged enthusiasm.
  • Calendar of events: ISM Code and competition in shipping.
Ports and Terminals
  • P&O Ports buys a 32% stake in the Cagliari container terminal.
  • Multiterminais wins the bid for the ro/ro terminal in Rio de Janeiro.
  • Salalah starts operations with three ships on the first day.
  • China is on its way towards opening its logistics services market, which offers a number of challenges for overseas logistics providers.
  • Swisscargo reaffirms Euro-Airport as its hub in its winter schedule.
  • Alitalia Cargo and KLM Cargo have launched joint services on a number of routes in their winter schedule, but not over the North Atlantic.
  • Ethiopian Airlines flies to Newark.
  • Singapore Airlines opens up the Polar route with a cargo aircraft.
  • Reader's letter: the quality of airfreight must stay constant.
  • Lufthansa reports satisfactory traffic development so far this year.
  • Atlas Air flies for El Al, and posts satisfactory third quarter.
  • KLM reports a downturn in the first half of fiscal 1998.
  • Chapman Freeborn acts as agent in Florida for Tampa Airlines Cargo.
  • The Schenker group is aiming to achieve above average growth with intelligent logistics solutions.

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TradeWindsweb site
NOVEMBER 13, 1998
  • Design on the march
    A NEW GENERATION OF SHIP DESIGNS is emerging that could pose a serious threat to the established order prevailing in the industry today.
  • Portfolio for sale?
  • The long road back
  • Rankin's ordeal is over
  • The Dutch go Czech
  • Hungry for charters
  • Shock in Greece

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