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14 December 2019 The on-line newspaper devoted to the world of transports 22:16 GMT+1



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Shipping Timesweb site
DECEMBER 15, 1998
Shipping News
  • PSA simplifies box storage, handling rates
    New rate structure, to begin Jan 1, will save customers administrative costs
  • Sea-Land, Maersk Line shortlist 3 ports for US hub
  • Singtel cuts rates for Inmarsat services
Air and Land Transport
  • Thai Airways crash is not airport's fault, says manager
    Other planes landed safely during the six months instrument landing system was turned off
  • JAL, ANA to raise first, business class fares
  • Int'l air fares set to rise as airlines seek to cover costs
  • Hyundai aims to become world's No 9 carmaker
  • Saudi Arabian Airlines to sell 17 old planes
  • FedEx talks with pilots may stall over pay
  • Oman Air finalises lease deal
Features
  • Coping with dramatic changes
    Rate recovery plan sets rates at least US$900 higher per 40-foot container from next May 1

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Sched Netweb site
DECEMBER 15, 1998
  • Danzas to become logistics arm of Deutsche Post
  • IADA adjusts HK fees
  • NYK newbuilding arrives at Long Beach
  • 1999 opening for new Belgium terminal
  • HKSC warns against rate rises
  • Sea-Land and Maersk expand Suez service
  • Melbourne unaffected by Asian troubles
  • Fedex/Nippon Express to have joint service
  • Hong Kong air cargo services under review
  • Aerolineas Argentinas and Austral acquired by AMR Corp.
  • Continental Airlines orders Boeing 767-200ER

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Cargowebweb site
DECEMBER 14, 1998
  • Possibly legal steps against participation in ECT
  • Maersk/Sea-Land announced finalists for US terminal
  • Johnny Saade lost first CMA-CGM case
  • JAL might join Oneworld alliance
  • Database poor quality ships needed
  • Boeing cancels 737 line at Long Beach

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The Journal of Commerceweb site
DECEMBER 15, 1998
Home
  • TACA revamps its operations
  • New suppliers emerge for textiles to US
  • Deutsche Post bid for Danzas outpaces USPS global moves
  • US nuclear curbs on subcontinent are questioned
  • FMC approves Sea-Land service between Puerto Rico and US
  • Saudi Arabia gets its own Internet service on Jan. 2
  • Macedonian truckers say Serb fees are linked to presence of NATO troops
  • Shipping industry needs to work on Y2K problem, US officials say
Transportation
  • STB refuses to allow regional rail expansion
  • CP Rail sees growth in operating income
  • Air express stocks fuel 6% gain in index
Maritime
  • Hong Kong shipowners' chief sees danger of overcapacity
  • Ship lines have a handle on millennium bug, but others may not
  • Pakistani shippers hit with rate hike on goods to US

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Cyber Shipping Guide - Ocean Commerceweb site
DECEMBER 15, 1998
  • MOL to Spins off Liner Marketing Division
  • Mitsubishi Logistics Opens Subsidiary in Pt. Klang
  • FedEx Places Drop Box at Convenience Store

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urgente online pressweb site
DECEMBER 15, 1998
  • Zamora puja por el eje ferroviario Portugal-España-Francia
  • Fomento destina el 92 por ciento de las inversiones PAIF al ferrocarril
  • Melilla, interesada en la totalidad del consorcio del puerto
  • Asturias tendrá una conexión aérea regular con Alemania
  • El puerto de Tarragona, de visita en Mercosur
  • Irizar entra en el mercado austriaco con Scania
  • Finnair, llamada al "olimpo" de la Oneworld
  • Penske le quita GE Plastics a Frans Maas

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Exim Indiaweb site
DECEMBER 15, 1998
  • Centre plans additional capacity for 11 major ports
  • 4-pronged strategy to boost excise collections proposed
  • PIL launches Kwangyang call on Red Sea run
  • Europe to scrap curbs on Basmati rice
  • Inflation down
  • Independent fabric processors to gain from new excise scheme
  • Indian chilli prices too hot for overseas buyers
  • CFS-Pune turns corner; expands operations
  • Trade with Chile moves up
  • RBI takes a fresh look at export credit procedures
  • KPT lining up Rs 1,419 cr private investment
  • Govt will be investor-friendly, assures PM
  • Textile policy in for delay
  • Export-import workshop
  • IMC meet with ICC Sec-Gen today
  • People & Placements
  • Soft loans for mills urged
  • Zim pact with Korean firm

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Cargo Info Africa - Freight & Trading Weeklyweb site
DECEMBER 15, 1998
  • Imperial snaps up Safair for R230m
  • 'It's a nightmare' say Zim importers of new VAT border collections
  • Expect a boom in late 2000, says Ronnie Holtshausen
  • 'It's a nightmare'
  • New PE cold storage facility to open in April
  • Local producers consider anti-dumping measures as cheap chicken imports lurk
  • Portnet and Spoornet confirm Xmas hours
  • South African businessmen will have to pay up in Zimbabwe
  • Zim shippers fear imposition of fixed exchange rate
  • Cross Country opens Harare office
  • New product offers interactive insurance via the Internet
  • Costs cut
  • Exporter's guide will be out next year
  • Lufthansa extends partnerships to include medium-sized agents
  • Saldanha 'steels' itself for major contract
  • Lesotho needs to move economically closer to SA
  • PE hauliers sign up customers as Portnet monopoly crumbles
  • Low growth and inflexibility pare 350 000 jobs a year
  • Renfreight Circle sets up specialist book industry business unit
  • Liquidation of contractor won't halt building of RB dry dock
  • K-Line changes
  • 'Portnet Cartage played a part in container hostel'
  • SARS sets up helpline for queries on new BLNS border controls
  • Thriving dolphins expel port pollution concerns in RB
  • Customs on the alert as new proof of shipment rules come into force
  • Spoornet website gets top accolade
  • Zimbabwe switches oil source to Beira
  • Unidel unsettles West Africa operators
  • SA-sourced cargo is not a big part of what Unidel is chasing
  • Morgan Aviation loses court bid
  • Good start could fast-forward Customs EDI schedule

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Marine Logweb site
DECEMBER 15, 1998
  • Navy awards Ingalls $620 million destroyer contract
    Ingalls Shipbuilding, a subsidiary of Litton Industries , has been awarded a $620 million contract to build two additional DDG 51 Class Aegis guided missile destroyers
  • Oslo market shipping and offshore shares follow oil price down
    After experiencing one of the best months ever in October, maritime shares on the Norwegian share market saw fortunes reversed in November, losing almost half the gains from the previous month
  • Oslo exchange investigates Ulstein dealings for possible insider trading
    The Oslo Stock Exchange is reportedly investigating Ulstein share transactions prior to the share being suspended and the takover by Vickers

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Lloyd's Listweb site
DECEMBER 15, 1998
  • Shell wields axe to save $2.5bn a year
    Shell is to sell off part of its business and cut more jobs in an attempt to realise billion dollar cost-savings over the next two years, chairman Mark Moody-Stuart said yesterday.
  • Ocean Marine to be absorbed
    Owners covered for third party liability insurance through Ocean Marine Mutual are to be offered renewal terms by the Liverpool & London club when Ocean Marine ceases underwriting in February.
  • Tough times in junk bond market
    In a more gentlemanly age, the American sports writer Grantland Rice wrote that it was not whether you won or lost but how you played the game that mattered. It is doubtful whether this sentiment is shared by investors in the US junk bond market.
  • Asgard A departure is delayed
    Thruster complications which were uncovered during quayside testing have pushed back the departure of Statoil's Asgard A production vessel from Aker Stord by a further week.
  • Subic Bay plans $6.4m upgrade
    IMPROVING Subic Bay Free-port's port facilities will be a major priority of the Subic Bay Metropolitan Authority under its new chairman, Felicito Payumo.
  • Panama staff face early retirement
    MORE than 10% of the Panama Canal's 7,900 workers will retire by the end of December as part of a plan to make the waterway more efficient before the US hands it over to Panama, Reuters reports.
  • Carriers in London talks on Taca role
    A TOP-LEVEL meeting to discuss the future of the transatlantic container trades will convene today in London amid mixed views about the prospects for success.
  • SCI close to Japanese LNG deal
    SHIPPING Corporation of India is close to signing a joint venture with a top Japanese Liquefied natural gas (LNG) vessel operator.

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Fairplayweb site
DECEMBER 14, 1998
  • IMO agrees cruise ship helipad exemption
    FORMAL Safety Assessment arguments have led the IMO to exempt passenger ships from the 1999 SOLAS requirement for helicopter landing areas.
  • Colombo assesses its competitive position
    COLOMBO Port is taking a hard look at its operations and tariffs in an effort to improve productivity, efficiency and competitiveness.
  • CP completes ANZDL purchase
    CANADIAN Pacific has completed the acquisition of Australia - New Zealand Direct Line from its two owners.
  • New Korean box port makes strong start
    KWANGYANG, South Korea's newest container port, has built up business quickly and now handles 18 containerships a week, mostly on routes to China and south-east Asia.
  • ICF to restructure
    THE board of Intercargo-Interfrigo, the Switzerland-based combined transport operator, has agreed to restructure the company.
  • IACS to maintain firm line
    CLASSIFICATION society managers will instruct their surveyors not to relax standards or acquiese to special pleading, the IACS council announced.
  • ECSA appoints new board
    THE European Community Shipowners' Association has appointed Denmark's Knud Pontopiddan president of its management board for 1999-2000.
  • Owens expands in Australia
    MAJOR NZ transport company Owens Group has expanded its Australian operations with the acquisition of Quality Container Management.
  • Philippines plan to promote domestic safety
    THE Philippine Maritime Industry Authority (Marina) and Aboitiz Jebsen Bulk Transport (Abojeb) have agreed to promote higher domestic safety and management standards.
  • Docenave fined for flagging back to Brazil
    DOCENAVE, the Brazilian operator, has been fined $8m because it flagged two panamax bulkers, Docebeta and Docelotus, back to the Brazilian flag.
  • Indonesian instability 'a risk to shipping'
    SINGAPORE'S deputy prime minister has warned that further instability in Indonesia could affect the safety of vital sea lanes.
  • MarAd grants newbuilding loan to Brazilians
    ASTROMARITIMA, the Rio de Janeiro-based offshore supply vessel operator, is to become the first Brazilian shipping company to receive a loan from MarAd for a newbuilding.
  • P&O Nedlloyd returns to New Plymouth
    P&O Nedlloyd's New Zealand/Singapore shuttle will return to New Plymouth in January following the opening of a new container terminal.
  • Berlian Laju take-over 'not until next year'
    BERLIAN Laju Tanker's take-over of a 60 per cent stake in Indonesian state-run PNOC Shipping and Transport is unlikely to be completed before the end of this year.
  • Easing of cabotage rules worries Malaysian owners
    MALAYSIAN owners claim that the decision to allow foreign vessels to trade between local ports will hinder the development of a viable national merchant marine.
  • MOL raises Hong Kong presence
    JAPAN'S Mitsui OSK Lines will establish a Hong Kong company from April 1, 1999 to operate its unprofitable container unit.
  • Australian miners on strike
    AUSTRALIA'S coal industry has been disrupted by a nationwide 48-hour miners' strike over falling export prices.

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Antwerpse Lloyd n.v.web site
DECEMBER 15, 1998
  • CCS lance un nouveau service rhénan depuis Zeebrugge
    Combined Container Service lancera le 4 janvier prochain un service fluvial régulier entre Zeebrugge et Emmerich, où les containers transportés seront transbordés sur d'autres services rhénans de CCS. Dans une première phase, trois départs seront assurés tous les quinze jours au départ de Zeebrugge (via Bruges, Gand et Terneuzen). Le nouveau service de CCS sera le cinquième assuré depuis Zeebrugge vers le Rhin. Est-ce nécessaire ou de trop?
  • Intercontainer va créer de nouvelles sociétés d'exploitation
    L'opérateur ferroviaire pan-européen Intercontainer-Interfrigo (ICF) a décidé de restructurer ses activités à partir de l'année prochaine et d'adopter la structure d'un holding. Cela se traduira par la création de filiales opérationnelles qui recouperont des routes européennes spécifiques. Cela doit conduire à son tour à une meilleure maîtrise des coûts et à une amélioration du service. La restructuration démarrera en février et prendra plusieurs mois à réaliser.
  • Pohl & Co s'allie à GeoLogistics dans la logistique du papier
    La société d'expédition Pohl & Co à Hambourg et la division allemande du groupe américain GeoLogistics (ex- LEP International) ont signé un accord d'alliance afin d'offrir des services logistiques intégrés à l'industie du papier. Les deux enteprises vont échanger leur savoir-faire et leurs ressources afin d'offrir un service de distribution couvrant toute la chaîne logistique de la papeterie aux usagers finaux, et ce pour une variété très importante de produits, qui vont du carton ondulé au papier d'imprimerie en passant par les papiers formatés.
  • C'est décidé: Prologis va acquérir Garonor
    La société américaine Prologis, qui exploite et loue des plates-formes de distribution, a annoncé qu'elle est arrivée à un accord pour la reprise de Garonor. Elle confirme ainsi notre information d'il y a un mois (LL du 6/11/98), selon laquelle ProLogis procédait à un audit de Garonor pour vérifier s'il n'y avait pas de cadavres dans les placards. L'opération coûtera au total 317 millions d'USD à ProLogis. Elle lui permettra de devenir un acteur majeur sur le marché européen des centres de stockage et de distibution en France et même en Europe.

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Daily Commercial Newsweb site
DECEMBER 15, 1998
  • Farmers calls for action on MUA "power struggle"
    THE New South Wales Farmers' Association has called on the state government to intervene in what it describes as "a power struggle" within the Sydney branch of Maritime Union of Australia (MUA).
    The Association's industrial spokesman, Duncan Fraser, claimed yesterday that the power struggle is extracting a big cost from the people of New South Wales.
    Mr Fraser said that while reforms in other ports since the crippling strike earlier this year had in many cases exceeded expectations, Sydney languished "while one or two selfish individuals from the MUA secured their futures."
    "The power struggle is simply entrenching the bad old days of the MUA in Sydney," he said.
  • ITF honours lost seafarers
    THE International Transport Workers' Federation (ITF) will contribute US$500,000 to an international memorial to seafarers which will be erected in London.
    According to the ITF over 2,200 seafarers die every year at work, making seafaring second only to fishing among the most dangerous occupations in the world.
    The memorial to the thousands of workers lost at sea every year is to be erected by a Trust Fund being established by the International Maritime Organisation (IMO).
    The new London landmark will be situated at the IMO's headquarters on Albert Embankment.
  • Criminals target shipping
    CRIMINALS targeting the shipping industry by trying to pass off fake office licenses as real have struck again according to shipping authorities in Vanuatu.
    Vanuatu has apparently again discovered a fake license and has taken prompt action against the holder who could be fined up to US$10,000.
    Don Sheetz, the executive vice-president of the Vanuatu registry's operational arm, Vanuatu Maritime Services Ltd (VMSL), said that intense scrutiny of all new documents presented to its New York office continues to pay off.
    "These criminals will not succeed as long as we and other registries continue this high level of scrutiny and exchange of information," Mr Sheetz said.

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Marine Linkweb site
DECEMBER 14, 1998
  • ACL Appoints Chief Operating Officer
    Atlantic Container Line said that company executive vice president Andrew Abbott will be promoted to COO from January 1, 1999. Abbott, who has worked for ACL since 1977 will be responsible for all day-to-day business reporting directly to Olive Rakkenes, president and CEO, the company said in a statement.
  • China Boosts Export Tax Rebate For Shipbuilders
    China's State Bureau of Taxation reportedly raised export tax rebates for ships to 16 percent from 14 percent in a move to boost exports effective October 1, 1998. The rebate hike means shipbuilders, among the sectors in China hardest hit by currency devaluations of Asian competitors, will get back all but one percent of the 17 percent value-added tax the government imposes on exports.
  • Sea-Land, Maersk Pick Three Port Finalists
    Sea-Land Service Inc. and Maersk Inc. have named Halifax, Nova Scotia, New York/New Jersey and Baltimore, Maryland, as finalists for an East Coast super port. The carriers said in a statement they are still reviewing if one megaport is the most effective option or if volumes should be spread over more than one northeast port facility.
  • EU Clears BP, Amoco Merger; U.S. FTC Up Next
    The European Commission gave its blessing to a merger between British Petroleum Plc and Amoco Corp. after the U.S. firm pre-empted antitrust concerns by selling its European polyisobutylene business. The merger was valued at $49 billion when it was announced in August. The merger must still obtain approval from the U.S. Federal Trade Commission.
  • Coflexip Stena Completes Pipeline Job Off California
    Coflexip Stena Offshore announced that one of its U.S. entities, Coflexip Stena Offshore Inc. (CSOI), has completed the Exxon Harmony Heritage pipeline. This was the first use of the new CSO MJ-Lay (modular J-Lay) spread, designed by the Group and announced in October 1997.  The project, located offshore California in approximately 300 m water depth, entailed the installation of a steel gas pipeline between the Heritage and the Harmony platforms. The 12-in. diameter line was initiated by a J-tube pull and terminated with a steel catenary riser (SCR). There was a total of 13 km of pipe installed with a diversity of coatings.
  • Baker Hughes Appoints O'Donnell
    John "Andy" O'Donnell was appointed vice president for business process development for Baker Hughes Inc. His responsibilities will include managing Project Renaissance, an enterprise-wide effort to help Baker Hughes achieve cost savings by streamlining internal business processes, which was announced in 1997.

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