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17 October 2019 The on-line newspaper devoted to the world of transports 17:34 GMT+2

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Shipping Timesweb site
OCTOBER 23, 1998
Shipping News
  • NYK protests against US$24m fine by EC
    Penalty unduly large, Japanese line says, compared to its trading share among Taca members
  • Taiwan sees slowdown in growth of container cargo
  • Global Carriers wins court protection from creditors
  • Philippines tells ships to stay in port due to typhoon
Air and Land Transport
  • Japan's ANA to join Star alliance by Oct next year
    Move will help carrier cut costs and boost sales in international flights
  • Bombardier to build new, medium-range business jet
  • TWA looking at new generation planes
  • US Eximbank told to return PAL planes
  • Finnair likely to join oneworld alliance this year
  • Indon airline body may drop plan for fare rises if rupiah strengthens
  • Dragonair considers leasing out new plane
  • Regulators stand in the way
    Expected move to block Northwest bid for Continental may signal US wants to halt consolidation of major airlines
  • Shipowners rapped for preferring English law over Singapore's

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Sched Netweb site
OCTOBER 23, 1998
  • New US legislation may weaken conferences
  • Belgian govt green lights Antwerp expansion
  • Chennai Port Trust chairman bears brunt of strike
  • More congestion prompts faster expansions
  • CMA-CGM predicts second half gains
  • HACTL can handle all cargo
  • New terminal eliminates perishable damage
  • Lufthansa expands fleet with modern aircraft
  • American Airlines' load factor, traffic soar in September

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Cargowebweb site
OCTOBER 22, 1998
  • Imminent rise in costs for German road haulage
  • Ferry service to be sold
  • KLM and Alitalia unions co-operating
  • Good results Paccar
  • Contract Atlas Air with Boeing and Comsat
  • Intense co-operation Lufthansa and SAS

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The Journal of Commerceweb site
OCTOBER 23, 1998
  • USDA may limit imported produce as Wal-Mart charged with violations
  • UP reports $38 million quarterly profit, its first in a year
  • Exporters assail US cargo policy
  • Dredging, some trade issues left behind as Congress adjourns
  • Business calls for speed, unity in FTAA talks
  • CSX earnings disappoint, fall 10%
  • Insurance giants see third-quarter profit rise
  • Top IMF official sees $30 billion Brazil loan package
  • World Bank approves $2 billion for South Korea bailout
  • Microsoft attacks Netscape on browser giveaway
  • Love was in the air at logistics meeting
  • Russia's Rail Ministry to cut cargo tariffs
  • More forwarders expected to begin using fewer carriers
  • Boeing turns a profit as sales jump
  • Rail, union reach pact on conductors
  • Kuehne & Nagel names Herms chairman; ex-chief retains 'overall responsibility'
  • John L. Sweeney, rail executive and DOT official, dead at 70
  • Safety plan for Conrail on track, NS, CSX say
  • Approval nears for deepening of Kill van Kull
  • Plan to ship lake water to Asia criticized
  • Crowley Marine to end barge service to Alaska
  • Britain seeks pollution law following 1997 grounding
  • Madras to restart berth reservations
  • TACA members seek extension of one-on-one contracting

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Cyber Shipping Guide - Ocean Commerceweb site
OCTOBER 23, 1998
  • Insurance Firms Set to Eliminate Substandard Ships
  • Danzas expands in Malaysia
  • Pilots Strike Costs Northwest $630 Million
  • CP Rail's Operating Income Declines 15%

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urgente online pressweb site
OCTOBER 23, 1998
  • Los buques de cabotaje, admitidos en el Registro Especial de Canarias
  • Aplazada la directiva para que se fabriquen vehículos más reciclables
  • Valencia, ayudada por la UE para financiar el puerto ecológico
  • Esteban Rivas inaugura nuevo centro en Alcorcón
  • TNT compra el mayor operador postal privado de Italia
  • DHL, courier del Departamento de Defensa estadounidense

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Il Sole 24 Ore On Lineweb site
OCTOBER 23, 1998
  • Più che triplicata in otto anni l'offerta di posti sul mercato sudeuropeo Mediterraneo, crociere record Forte crescita (+25%) nel terzo trimestre del '98 - Previsto un nuovo boom di navi nell'estate '99
  • I cantieri europei contestano il dumping coreano
  • Passeggeri e merci, Genova leader
  • Il traghetto si «teleprenota»
  • Hutchinson a Trieste? I porti italiani nel mirino di Hong Kong

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Lloyd's Listweb site
OCTOBER 23, 1998
  • Samsung eyes ailing Daedong
    Samsung Heavy Industries, one of South Korea's "big three" shipbuilders, is considering acquiring bankrupt compatriot Daedong Shipbuilding.
  • P&O Ports head accuses Rotterdam of bias over ECT sale
    LEADING terminal operator P&O Ports has accused Rotterdam authorities of deliberately freezing it out of talks over a possible stake in Europe Combined Terminals in favour of long-time rival Hutchison Port Holdings.
  • Holt faces battle over move on ACL board
    ATLANTIC Container Line directors are urging shareholders to reject a bid by the Holt Group to elect a new board.
  • Philips pulls plug
    A defensive Philips Electronics president Cor Boonstra (left), flanked by the Dutch giant's vice-president and chief financial officer, Jan Hommen, faces the press after the company revealed it was ending its "interesting and costly" mobile phone venture with Lucent Technologies. Philips said the arrangement was the principal reason for a major decline in third quarter earnings from normal operations to Fls449m ($243m) from Fls721m a year earlier.
  • Jacques Saade takes on accusers
    CMA-CGM group chairman Jacques Saade has made a rare appearance before the press to defend himself against accusations that the group has been drawing unlawfully on the funds of its subsidiary, former French state-owned liner operator Compagnie Generale Maritime.
  • Safety upgrade work
    SAFETY upgrade work aboard Stena's car/passenger ferry Stena Germanica (above) is among recent contracts secured by Swedish shiprepairer Gotaverken Cityvarvet. In total, the Gothenburg-based yard has signed three cont- racts in the last few days worth around SKr110m ($13.9m), which includes repairwork for Norwegian and Singaporean principals, writes Dale Wainwright.
  • Estline defends ferry safety
    A SENIOR official of Estline has rejected allegations that the company's ferry, Baltic Kristina, was in danger of meeting the same fate as the Estonia when she was hit by rough seas this week.
  • Spain looks at Astander shipyard sale
    Spain is expected to make a decision on the privatisation of the Astander shipyard by the end of this year.

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Fairplayweb site
OCTOBER 22, 1998
  • Concordia cuts full year forecast
    CONCORDIA Maritime, the Swedish tanker owner, has lowered its profit forecast for the full-year as the result of weaker freight rates.
  • Korean builders top orders table
    SOUTH Korea won orders for 121 ships of 6.83m gt in the first nine months of the year putting it to the top of the shipbuilding league, according to the Korea Shipbuilders' Association.
  • Dredged bomb exploded off UK port
    A WORLD War II bomb, which partially closed the UK port of Great Yarmouth yesterday and early today, has been safely detonated by a Royal Navy explosives squad.
  • Italian lawyer heads brokers' association
    UMBERTO Masucci, a maritime lawyer from Naples, has been appointed the new chairman of the European brokers and agents' association ECASBA.
  • Fred Olsen sells year-old roros
    FRED Olsen group is to sell the year-old roros Bayard and Brabant to an undisclosed European buyer "because of the current uncertainty in the shipping market".
  • Princess survivor 'saw master in lifeboat'
    A MARINE engineer on the Philippine ferry Princess of the Orient said yesterday he saw the ship's master, Esrum Mahilum, in a lifeboat shortly before the ship sank.
  • Damaged ferry arrives in Turku
    ESTLINE-operated ferry Baltic Kristina has arrived at the Turku Repair Yard after receiving bow damage in a storm on the night of October 19 on a crossing from Tallinn to Stockholm.
  • P&O Stena Line renames ships
    P&O Stena Line has started to rename the six vessels it operates on the Dover-Calais route.
  • Sydney congestion to benefit Brisbane
    INCREASING congestion at Sydney Ports might tip trade to its Brisbane, its northern competitor.
  • Australians to clean up NZ spill
    AN Australian company has won salvage rights to retrieve oil from the South Korean trawler Dong Won 529, which sank off southern New Zealand.
  • Glory Navigation orders bulkers from Japan
    TAIWANESE bulk shipping company Glory Navigation has taken advantage of the weak yen to order three 7,000 dwt bulk carriers from Japanese yards.
  • Three drown as tourist launch sinks
    THREE tourists drowned and others are reported missing after a launch sank yesterday en route between resorts in Thailand.
  • St Lawrence predicts strong finish
    THE US St Lawrence Seaway Development Corp is predicting a strong finish to 1998, and suggests it might post one of its best performances of the decade.
  • Valparaiso anticipates cruise slump
    VALPARAISO shipping agents anticipate a slump in cruiseship calls during the Southern Hemisphere summer.
  • FMC urges carriers to 'be prepared'
    OCEAN carriers and the US government must prepare for a new shipping era that will be far more open and flexible, says the FMC.
  • US announces pan-American transport conference
    TRANSPORT ministers from 34 Latin American nations will meet in New Orleans in December for the Western Hemisphere's first-ever transport summit.
  • Steel dumping move will hit Lakes grain trade
    PENDING US government action against steel dumping is expected to end the mini-boom in grain exports from several US Great Lakes ports.

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Antwerpse Lloyd n.v.web site
OCTOBER 23, 1998
  • TDS ouvre un entrepôt de distribution pour Kimberley-Clark
    Avec l'ouverture d'un nouvel entrepôt à Malines, géré par TDS, la nouvelle évolution de l'outsourcing est mise en pratique jusqu'au bout des ongle: le producteur Kimberley-Clark a décidé de confier la distribution pour la Belgique à une entreprise logistique (TDS), qui à son tour fait appel à un spécialiste immobilier (Verelst). Ainsi, les trois spécialistes sont à l'oeuvre dans leur activité de base: Kimberley-Clark (papier hygiénique), TDS (logistique semi-industrielle) et Verelst (immobilier sur mesure, à la demande du client).
  • "Marseille-Fos Port Global" à la reconquête de l'Hexagone
    Une importante délégation du PA de Marseille-Fos et des associations professionnelles locales était de passage mercredi dernier à Paris pour y effectuer une mission de promotion, qui avait pour objectif la présentation aux chargeurs et réceptionnaires de l'Ile-de-France du projet "Marseille-Fos Port Global". De quoi s'agit-il? Ni plus ni moins que de partir à la reconquête de l'hinterland national, c'est-à-dire les centres économiques qui se trouvent à plus de 300 km du port. Quant au titre "Port Global", il couvre à la fois toutes les disciplines que pratique ce port du sud de la France dans le domaine des trafics, ainsi que tous les modes de transport terrestre qui y sont présents. L'offensive va de pair avec la présentation d'une nouvelle image de marque, qui implique fiabilité, qualité de service, réduction sensible des coûts du transit portuaire et innovation.

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Daily Commercial Newsweb site
OCTOBER 23, 1998
  • Trucker tempers rise at CTAL
    Tempers were being aroused yesterday at Botany Bay where stoppages continue to affect truck movements.
    Late on Wednesday P&O Ports' facility at Botany Bay, Container Terminals Australia Ltd, was again hit by a stoppage by members of the Maritime Union of Australia (MUA) from 7.30 pm until 10 pm.
    Normal work resumed on the midnight shift, but by then road work was severely affected.
    The cause of the latest stoppage was allegedly a misunderstanding of arrangements for staggered meal breaks.
    Yesterday morning work was said to be progressing well with the queue being described by one source as minimal.
  • Pilots, tugs in push-pull tiff
    An attempt by Melbourne Tug Services to reduce costs incurred through present tug ordering practices has opened a rift between the company and Port Phillip pilots.
    MTS this week advised its customers that it has been forced to change ordering procedures from 1 November, after which agents will have to advise the number of tugs required for a vessel at least one hour before the vessel's arrival or departure.
  • Lufthansa future based on alliance
    The world could see the next cyclical downturn in international airline business towards the end of 2000, according to Lufthansa executive vice president for sales Stefan Pichler, who flew into Sydney this week to address a national aviation press gathering.
    Referring to the highly competitive trans-Atlantic situation (see table), he said a downturn could be triggered by a predicted 23 per cent increase in carrying capacity on the routes next year which won't be matched by increased demand.
  • Adelaide tops the ton
    PORT Adelaide container terminal at Outer Harbour has exceeded an annual container throughput of more than 100,000 container for the first time, according to Ports Corp chairman Geoffrey Fry.
    He described the volume achieved in the 1997-98 financial year as "significant" and "genuinely good news for South Australia".
    Mr Fry said: "If one looks for the highest 12 individual monthly throughputs since the container terminal opened, seven of these were achieved during the 1998 calendar year to date."

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International Transport Journalweb site
OCTOBER 23, 1998
  • The Asian crisis as an opportunity. Jim Poon of OOCL considers the effects of the Asian crisis in general and on international liner shipping.
  • The New World Alliance is introducing a a new service between North Europe and the Middle east within its JEX service.
  • Lara Express Line adds calls at Salerno in its service to Turkey.
  • Euro Shipping & Forwarding replaces tonnage in Northwest Europe service.
  • Esco introduces a new link between Kiel and Kaliningrad.
  • "K" Line streamlines service between East Asia and West Australia.
  • Asean shippers call for dialogue between shipowners and shippers.
  • Stena Line carried more freight in the first nine months of this year.
  • Peter W. Lampke of Bremen is a traditional liner agency that is also seeking new methods of meeting change in the shipping and agency industry.
  • Calendar of events: Fast Freight Transportation by Sea, London.
Ports and Terminals
  • New York & New Jersey announces investments of USD 23 million.
  • Singapore's PSA Corp will redevelop Dalian's eastern sector.
  • The ports of Hamburg and London sign a marketing alliance.
  • The AAPA held its convention in Houston this year.
  • Calendar of events: Indian ports - opportunities and options.
  • The Trans-Siberian Coordination Council is planning ways and means of increasing container throughput.
  • The EU transport council postponed many questions at its October meeting.
  • ERS starts Rotterdam-Warsaw shuttle.
  • Lufthansa Cargo recently started flying all-cargo aircraft to Detroit four times a week, complementing the daily passenger services.
  • EVA Air serves Dallas/Fort Worth.
  • Swissair introduces new destinations and services this winter.
  • Cargolux opens a freight centre at Dortmund airport.
  • SIA/SAS sign an MOU for a strategic alliance in the passenger sector.
  • Avalog, part of the SAirGroup, is a new logistics services provider.
  • FDX Corp posted good first quarter results in view of last year's distorted market.
  • Readers' letters: where is airfreight going to?

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