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07 April 2020 The on-line newspaper devoted to the world of transports 12:00 GMT+2

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Shipping Timesweb site
AUGUST 20, 1998
Shipping News
  • P&O Nedlloyd to replace 330 ratings with Filipinos
    Trade union condemns move, to recommend ballot for industrial action
  • Jurong delivers its biggest in-house designed tanker
  • Shanghai opens shipping service centre
Air and Land Transport
  • BA will sell airport slots despite EC objections
    British carrier will defy European Commission as long as it gets nod from UK govt
  • Garuda losing 3b rupiah daily; blames low fares
  • Indian airline sector must not be hurt by new entrants
  • FAA gives nod to B737-600
  • Major US airlines raise domestic leisure fares by 4%
  • Delta pilots reject airline's alliance with United
  • Continental jet hits turbulence, 12 hurt
  • Steering China's shipping industry towards greater reform

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Sched Netweb site
AUGUST 20, 1998
  • Development deal on HK's CT9
  • Penang rail project to allow consolidation
  • MOL to open South Africa offices next year
  • DCL final gap filled
  • US may fight back against China controls
  • UB Shipping alters operations
  • Fine Air facilitates Southern fleet expansion
  • FedEx to deliver new level of international service
  • FAG considers increasing airport share

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Cargowebweb site
AUGUST 19, 1998
  • European loan for French airport enlargement
  • Sale of ships makeshift solution for shipping companies

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The Journal of Commerceweb site
AUGUST 20, 1998
  • US urged to intervene in Canada
  • UP shakes up managers in effort to clear tracks
  • Incoming Kelly promises a tough, but helpful Customs
  • Look, no paper: Bills of lading go electronic
  • Clinton administration to submit harbor tax plan to Congress next month
  • Amtrak faces $100 million race discrimination suit
  • Russia postpones debt plan under international pressure
  • S. Korea says it won't bow to US on auto tariffs
  • Miami drug seizure nets 5,000 lbs. of cocaine on freighter
  • S. Korean strike tensions ease, but workers build barricades
  • US slams Japan on barriers to film imports
  • Report says Hong Kong economy has yet to hit bottom
  • Taiwan trade surplus rises despite declining exports
  • More dikes burst in China, over 1,000 oil wells shut
  • July housing starts best in more than a decade
  • Conrail may die, but its stamp will live on
  • UP sees end to congestion by Labor Day
  • Shippers let vendors manage the stock
  • Question of privacy: Appropriate and inappropriate Web relations
  • British Airways to issue warnings to unruly passengers
  • Genessee & Wyoming Inc.
  • Air Canada pilot strike looms
  • Hong Kong reaches accord on box terminal
  • John McMullen just won't quit

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Cyber Shipping Guide - Ocean Commerceweb site
AUGUST 20, 1998
  • FEFC Unveils Emergency Rate Hike
  • Maritime Talks in Progress between Taiwan, ROK
  • Vehicle Sales in Thailand Fall Drastically in first Seven Months
  • US. Japanese Transport Officials Meet in Tokyo

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urgente online pressweb site
AUGUST 20, 1998
  • Atlantic Airways volará a Tenerife a partir de octubre
  • Navarra subvenciona el transporte de los estudiantes universitarios
  • KLM se sumerge en el mercado escandinavo
  • Plan para aliviar la congestión de tráfico en el área metropolitana de Washington DC

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Exim Indiaweb site
AUGUST 20, 1998
  • Simplified 3-tier excise duty structure on anvil
  • Exporters to get annual duty refund
  • EDI facility in Delhi soon
  • TT Club way to deal with fish, chips & bugs
  • Seafood exports poised for 20 pc growth
  • CDC takes stake in Pipavav Port
  • Govt to allow EOU conversion to zero-duty EPCG scheme
  • Cheaper imports threaten coconut growers
  • Sops to import textile machinery
  • Kandla Port Steamship Agents' Association elects new Office-Bearers
  • Rouble crisis: Economists not unduly worried
  • More trouble ahead, warns Ficci chief
  • Advance duty ruling authority for FDI

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Lloyd's Listweb site
AUGUST 20, 1998
  • Cammell buys Wear Dockyard
    BRITISH ship repair group Cammell Laird is to acquire Wear Dockyard Group in a deal worth '32.68m ($53.61m), ending over a week of speculation that it was in discussions over a "substantial" UK acquisition.
  • Beijing calls for end to US discrimination
    A senior official from China's Ministry of Communi-cations has expressed Beijing's "strong dissatisfaction" at what he termed "continued discrimination" by the US against PRC ships visiting US ports.
  • Weir profits grow in difficult times
    WEIR Group, the engineering services and products company, achieved a modest pretax profit in the first half of 1998, in market conditions which were described as difficult by chief executive Sir Ron Garrick.
  • Consortium buys into Gopalpur port project
    AN international consortium comprising International Ports of Singapore and primarily promoted by US-based Raytheon Corporation and Ferrostahl of Germany, will pick up the lion's share of the equity in the Gopalpur port project, situated in the eastern Indian state of Orissa.
  • Ukraine backs Okean loan
    Ukraine's government is to guarantee a $232m loan by a Japanese bank to Okean, its third-largest shipyard, a spokesman for the government has revealed.
  • Sembawang clinches FPSO deal
    SINGAPORE's Sembawang Shipyard has finally sealed a contract to convert the suezmax tanker Prostor 2 into a Floating, Production, Offloading and Storage (FPSO) vessel for the SMB Company of Monaco.
  • Korean yards widen appeal
    EFFORTS by South Korea's two leading shipbuilders to broaden their customer base have paid dividends with both Hyundai Heavy Industries and Daewoo Heavy Industries securing newbuilding orders worth close to $170m from first time customers.
  • Kuehne & Nagel posts strong profit
    SWISS-headquartered transport and logistics group Kuehne & Nagel has predicted that its year-end profits will top SFr80m ($53.2m) after "a pleasing" half year performance.

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Fairplayweb site
AUGUST 19, 1998
  • Hamburg rides the Asian crisis
    CONTAINER growth through the port of Hamburg surged by nearly ten per cent in the first six months of this year despite the economic crisis in Asia.
  • Neste Shipping to get new parent
    NESTE Shipping, the shipping division of the Finnish oil company Neste, will get a new parent from the beginning of next year.
  • Bunker calls hit at Colombo
    THE number of ships calling at Colombo for bunkers has fallen by over 50 per cent in the seven months to July.
  • Odfjell and Hoyer set up tank container venture
    ODFJELL, the Norwegian chemical carrier group and Hoyer, the German tank container operator, have agreed to form a joint venture to market and operate tank containers.
  • Tamil Tigers release Indian seafarers
    TAMIL Tiger rebels have freed 17 Indian seafarers from a ship hijacked by them and later bombed by Sri Lankan air force jets, but four Sri Lankans are still in captivity.
  • Sydney posts sixth record box throughput
    SYDNEY Ports Corp has posted its sixth consecutive increase in container throughput.
  • Kværner chief scotches takeover rumours
    KVÆRNER chairman Christian Bjelland has poured scorn on rumours that the company is close to a merger with Aker RGI.
  • Cammel Laird swoops on Wear
    UK-BASED ship repair group Cammel Laird has acquired rival Wear Dockyard Group for '32.7m ($53m).
  • Ro-ro newcomer launches Turkey-Italy route
    A NEW Turkish ro-ro operator has started a service linking with Tekirdag in Turkey with the Italian port of Trieste.
  • Gioia Tauro achieves port authority status
    ITALY'S southern hub port of Gioia Tauro has been granted port authority status after achieving a throughput of 1.4m teu last year.
  • Petromin seeks to renegotiate contracts
    PETROMIN, the struggling Romanian owner and operator, is trying to renegotiate bareboat, management and joint venture contracts.
  • CDC takes stake in Pipavav
    COMMONWEALTH Development Corp, a British overseas development finance institution, is taking a minority equity stake in Pipavav private port in Gujarat.
  • Indian seamen win big wage hike
    WAGE bills of Indian shipping companies will increase by 15 to 20 per cent following an agreementwith the seamen's unions on August 17.
  • Delaware ports lift productivity
    FOR the second consecutive year, the Delaware River ports are reporting an improvement in labour productivity.
  • Indonesian calls for 'force majeure'
    CALLS are growing in Indonesia to consider the possibility of declaring the country's present economic crisis a force majeure.

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Antwerpse Lloyd n.v.web site
AUGUST 20, 1998
  • Kühne & Nagel vise un bénéfice net de plus de 80 mio. de CHF en 1998
    Avec un chiffre d'affaires en hausse de 13,2% et un bénéfice net en hausse de 11%, le groupe Kühne & Nagel estime que le premier semestre 98 a été "réjouissant" du point de vue financier. Pour l'ensemble de l'exercice, et sauf circonstances extraordinaires, K&N s'attend à un bénéfice net supérieur à 80 millions de CHF. Pour rappel, il fut de 76,9 mio. de CHF en 1997.
  • Matadi fait l'objet d'une surcharge pour risque de guerre
    Aux dernières nouvelles, le port de Matadi, occupé depuis samedi dernier par les forces rebelles, est désert, tandis que plusieurs navires y sont bloqués. Les cargaisons qui y sont destinées prennent le chemin d'Abidjan ou Pointe Noire.
  • FMC-Chine: rien ne va plus...
    Après le différend avec le Japon, c'est maintenant vers les autorités de la RP de Chine que se dirigent les foudres de la Federal Maritime Commission (FMC) suite aux multiples plaintes émanant tant d'armements que de groupeurs NVO américains, qui se déclarent victimes de discriminations. La FMC a d'ailleurs entamé une enquête à ce sujet (voir LL du 13/08/98).

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