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07 August 2020 The on-line newspaper devoted to the world of transports 23:51 GMT+2

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Shipping Timesweb site
DECEMBER 23, 1998
Shipping News
  • Cosco launches first berth of Taicang port project
    PSA said to have keen interest in port and city project near Shanghai
  • Hutchison joint venture leads in bid for ECT stake
  • Baltic Exchange to develop capesize shipping index
  • Cambodians flee toxic waste dumped at port
Air and Land Transport
  • European creditors reject ailing PAL's survival plan
    Plan does not address key issues of strategic partner, infusion of US$200m in new equity
  • Air travel industry fears Year 2000 computer glitches
  • Moody's cuts Boeing debt rating amid Asian fallout
  • NY airport operator wants both rail link, AA terminal
  • Honda shares fall on poor domestic sales
  • US on alert against tree killer
    Insect that enters US by boring into hardwood pallets and crates from China threatens US economy and trade
  • More IMO rules can be expected on safety of dry bulk carriers

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Sched Netweb site
DECEMBER 23, 1998
  • Hanjin opens new Kwangyang terminal
  • Trade imbalance widens
  • New CT for Bintulu
  • PMA action dismissed
  • K&N delivers the goods
  • HACTL survey points to promising future
  • FedEx pilots satisfied
  • Boeing issues warning to cargo carriers

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Cargowebweb site
DECEMBER 22, 1998
  • Heavier environmental demands on trucks
  • Air France offering could raise $717 million
  • Agreement with Fedex pilots
  • Ceres costs Amsterdam extra $ 100 million
  • German executive leaves Nedlloyd
  • Cory Towage to expand coastal services

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The Journal of Commerceweb site
DECEMBER 23, 1998
  • STB alters rules for rate cases
  • Regional trucker folds after walkout by Teamsters
  • Another profitable year forecast for truckers
  • Customs tests fax alert plan for ACS
  • US weighs pros and cons of Iranian grain deal
  • Job security concern sparks walkout at Port of New York-New Jersey
  • Five people die in cargo plane crash
  • Penske Logistics wins big contract from Whirlpool Corp.
  • Thai front runner for job of WTO chief backs free trade
  • STB rejects Houston competition plan
  • AERP -- tough act to follow
  • Pre-Christmas storm expected to affect last-minute gift-givers
  • NS budgets $1 billion for capital projects
  • IATA says airlines will spend $2.3 billion to fix millennium bug
  • Asian group speeds road, rail projects
  • Hyundai boosts Australia service
  • Rakkenes to visit Brussels to propose new conference
  • German shipowners warned of tougher times in 1999
  • New rail service extends OOCL's reach in China
  • Details of FMC proposal publicized
  • Container market report

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Cyber Shipping Guide - Ocean Commerceweb site
DECEMBER 23, 1998
  • Outsiders in Mid-East Trades Decide to Impose THCs
  • MSC to Follow FEFC Rate Restoration
  • SSA Granted to Construct Box Terminal in Bangladesh

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urgente online pressweb site
DECEMBER 23, 1998
  • El aeropuerto grancanario de Gando bate récords de circulación
  • Portbou, con espigón pero sin embarcadero
  • El mundo de la venta por correo cierra el año en Madrid
  • El tarraconense Tinglado 2 celebra su décimo aniversario como museo
  • Singapore Airlines, tentada por la Alianza Estrella
  • EEUU comienza las obras del Corredor de Alameda
  • El equipo Seat Sport entrena para los rallys de Montecarlo, Suecia y Kenia
  • La aerolínea luxemburguesa Cargolux, fiel a Boeing

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Exim Indiaweb site
DECEMBER 23, 1998
  • 10-yr tax holiday for EOUs, EPZs
  • OTAL increases Ghana presence
  • Rice loading record at Kandla
  • Kawar Group-led consortium may get Jordanian BOT rail project
  • Expert committee to frame new textile policy
  • 'Green' signal for Andhra apparel park
  • AAI asks international airlines to expedite cargo clearance
  • Imports of capital goods, raw materials down
  • 3 EOUs among 5 projects cleared in Karnataka
  • 9.25 pc rise in leather exports
  • EDI system at Calcutta Port too
  • Russia wants more Indian tea, tobacco
  • Blue Dart expands operations
  • Work on Dholera port to begin next month
  • ANZ to bid for Indian airports' privatisation

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Marine Logweb site
DECEMBER 23, 1998
  • Vanuatu register hopes to benefit from shipowner displeasure with some major flags
    With the antics at some ship register giving some owners itchy feet, Don Sheetz, executive vice-president of New York-based Vanuatu Maritime Services Limited has been promoting the stability and other benefits offered by Vanuatu
  • Avondale announces Navy contracts valued at $454.7 million
    Options exercised for the construction of two ships valued at $454.7 million :the second LPD ship and the Navy's newest and most advanced amphibious assault ship

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Lloyd's Listweb site
DECEMBER 23, 1998
  • London's New Year 'bug' ban
    FEARS that the millennium bug could hit shipping far sooner than expected have forced the Port of London to impose vessel restrictions during the coming new year period in eight days' time.
  • Turkey tries again for new radar system bids
    Turkey has re-issued a tender for a $40m radar control system to monitor navigation through its two narrow straits linking the Black Sea to the Mediterranean, the Anatolian news agency said yesterday.
  • Ferry operators in strait of Gibraltar form pool
    Six ferry companies operating across the Strait of Gibraltar, between Spain and Morocco, have reached a pooling agreement.
  • Numast to run GMDSS survey
    BRITISH officers' union Numast is to undertake a survey to gauge the industry's readiness to implement the Global Maritime Distress and Safety System, amid fears that many glitches have yet to be sorted out.
  • Top players bid for new Indian hub
    INDIA'S proposed major new container terminal has attracted some expressions of interest from the world's top three port operators.
  • Ministry clears the way for ports sell-off
    India's law ministry has cleared the decks for the privatisation of the country's eleven major ports.
  • Caribbean Sea back in favour as drug route
    South American drug traffickers have returned to Caribbean Sea routes because of the devastation caused by Hurricane Mitch.
  • Aboitiz-Jebsen plans safety talks for Philippines
    TO help the Philippines improve its maritime safety standards, Aboitiz-Jebsen Bulk Transport Corporation has volunteered to conduct seminars on the International Safety Management (ISM) Code in shipping centres across the country.

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Antwerpse Lloyd n.v.web site
DECEMBER 23, 1998
  • Anvers a franchi le cap des 3 mio. de TEU
    On y a longtemps cru, mais la réalité des tonnages est là: le port d'Anvers aura frôlé le cap des 120 mio. de t en 1998, mais n'aura pu ni le dépasser, ni l'atteindre. Le mois de novembre a été bon avec un trafic de 9,72 mio. de t (+1,3%) et en supposant que décembre soit de la même veine, ce qui n'est pas évident étant donné que le dernier mois de l'année est généralement sujet à un ralentissement, le score final pourrait se situer entre 119 et 119,5 mio. de t. Il n'en reste pas moins vrai que la prestation aura été des plus remarquables. Le record est appréciable quand on sait que 1997 avait été clôturé avec un trafic de 111,9 mio. de t.
  • Une joint-venture indonésienne renforce la présence d'Ahlers en Asie
    Le groupe Ahlers a ouvert, il y a quelques semaines, une filiale dans le port indonésien de Semarang au centre de l'île de Java. Ainsi le groupe de transport anversois continue son expansion internationale, à peine quelques jours après la conclusion d'un accord de coopération avec le groupe indien Forbes, une filiale du groupe Tata (voir LL du 27/11/98). Selon le président du conseil de direction, Albert Weynen, Ahlers est le seul entrepreneur logistique et maritime sur plusieurs marchés asiatiques.
  • Jacobs lance une offensive dans la logistique terrestre
    Le groupe britannique Jacobs Holdings (qui possède entre autres Dart Line et Thames Europort) va regrouper les activités de plusieurs entreprises acquises ces derniers temps au sein d'une seule entité, qui sera baptisée Ontime Logistics. La nouvelle société aura un chiffre d'affaires initial de 32 mio. de GBP (1,85 mia. de BEF). Elle sera opérationnelle le 4 janvier prochain. Par ailleurs, on a appris que Jacobs a pris une petite participation dans Nightfreight, qui pourrait être la première phase d'une tentative d'OPA.
  • Transurb Consult va fusionner avec Technirail
    Vers la fin du mois de mars prochain, la fusion entre Transurb Consult et Technirail, deux filiales de la SNCB, sera effective. Elle s'accompagnera d'une hausse du capital de 140 millions de BEF. Enfin, on cherche actuellement un successeur à Erik Vandenbroele, actuel directeur-général de Transurb, dont le mandat arrive à terme à la fin de l'année.

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Daily Commercial Newsweb site
DECEMBER 23, 1998
  • ACCC approves Melbourne's towage increases
    HOWARD Smith Towage has welcomed an Australian Competition and Consumer Commission's (ACCC) interim decision on harbour towage tariff in Melbourne which finds merit in a rate increase.
    The chief executive of Howard Smith Towage, Dale Cole, said the ACCC's review of Melbourne towage was one of the most transparent and comprehensive ever undertaken by the Commission and its predecessor, the Prices Surveillance Authority.
    "The decision announced by the ACCC finds that a rate increase in Melbourne is justified," Mr Cole said.
    "A decision on the quantum of the increase will be made following further consultation with port users as part of the ongoing consultative process.
    "Overall the benefits received by our customers exceed any cost increases that would follow the ACCC decision.
    "We will be looking very hard at the implications for our business."
  • Private talks settle outsourcing dispute
    PRIVATE discussions between Patrick and the Maritime Union of Australia (MUA) yesterday appear to have resolved the dispute over the maintenance of leased machinery.
    It is understood that the union has now accepted that major maintenance work on leased machinery will be carried out by the owner of the machine and not members of the union employed by Patrick's maintenance sub-contractor, Fluor Daniel Pty Ltd.
    Minor maintenance work on such machines will apparently still be carried out by members of the union on "if and when" available basis.
    According to company sources this has been accepted by the union.
  • Empty box charges to fall
    THE Sydney Ports Corporation has reminded customers that the empty container charge will be abolished from 1 January.
    Sydney Ports Corporation announced the abolition of the $10 charge in July following approval by the New South Wales Minister for Ports, Kim Yeadon.
    In excess of 140,000 empty containers are shipped through Sydney each year, attracting a $10 per box charge.
    From 1 January this will be a direct saving to shipping lines of $1.4 million in a full year.

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Marine Linkweb site
DECEMBER 22, 1998
  • E&P Spending Projected To Drop 11% Next Year
    A study from investment bank Salomon Smith Barney reports that worldwide oil exploration and production spending is set for its biggest decline in more than a decade, battered by persistently low oil prices. The survey predicts that spending in the sector will fall 11 percent in 1999, to $79.2 billion, as a result of the almost 70 percent drop in oil prices this year.  The survey of 175 companies predicts the worst news for the U.S., predicting that spending is set to fall 20.9 percent.
  • Transocean Cancels Semisubmersible Contract
    Transocean Offshore Inc. agreed to cancel a two-year contract on a semisubmersible rig with the owners of the Terra Nova oil field offshore from Newfoundland. The agreement to cancel the Transocean Explorer contract is contingent upon a $40 million payment to Transocean by the Terra Nova owners on Dec. 23.  The two-year contract, signed in May 1997, would have required a refit and upgrade of the Explorer, enabling the rig to provide drilling and completion services on the Terra Nova oil field development project, Transocean said.
  • Lisnave Mulls Controlling Stake In Dakar Marine
    Portuguese shipbuilder Lisnave is in the running to take a controlling stake in Senegal's Dakar-Marine shipyard.
  • Turkey Re-issues VTS Tender
    Turkey has reportedly re-issued a tender for a $40-million radar control system to monitor navigation through its two narrow straits linking the Black Sea to the Mediterranean. The only reported bidders are U.S. firm Lockheed Martin Corp., German Atlas Electronics and Turkish investor partner Simkon.
  • Grupo Libra Want Bigger Containerships
    In the continuing trend toward larger, faster containships in order to compete in the quickly changing and consolidating box carrying business, Brazil's Grupo Libra hopes to increase the size of four container ships it plans to build. The company has reportedly applied for an increased loan from the Brazilian National Development and Social Bank (BNDES) to build vessels of 3,150 TEU capacity.  Grupo Libra originally intended to build 2,300 TEU ships when it first drew up a $304 million six vessel program two years ago.

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