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10 August 2020 The on-line newspaper devoted to the world of transports 01:17 GMT+2

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Shipping Timesweb site
DECEMBER 29, 1998
Shipping News
  • US-Asia trade imbalance set to worsen next year
    No improvement on trans-Pacific trade expected till end of 1999
  • China shipping firms told to buy locally-built vessels
  • Japan shipbuilders losing out to Koreans due to rising yen
  • Chu Kong in two joint ventures
Air and Land Transport
  • Airlines suffer big losses due to New Delhi fog
    Flights cancelled, hundreds of passengers stranded at Delhi airport
  • US praises security at HK's new intern'l airport
  • Haneda airport hits 50m passenger mark
  • Dragonair's passenger traffic down 9.5%
  • Nissan's Indon subsidiary stops operations
  • A white knight for Volvo?
  • European airlines' passenger traffic up 7.1% in Nov
  • Ford signs US$78m deal with Philippine suppliers
  • Complacency is worst enemy
    Security has improved since Pan Am 103 blew up over Lockerbie 10 years ago but passengers are still at risk
  • A topsy-turvy year for Asian carriers and shippers

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Sched Netweb site
DECEMBER 29, 1998
  • Sinokor diversifies China route
  • Two more 5,000 TEU newbuildings for OOCL
  • Anera to restore rates on Southeast Asian freight
  • MPA Dockmaster's Scheme extended
  • New Middle East port facilities offer alternative
  • ZIM gets priority at Pusan and Kwangyang

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Cargowebweb site
DECEMBER 28, 1998
  • Zeeland Seaports: competitive relations can hardly be regulated

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The Journal of Commerceweb site
DECEMBER 29, 1998
  • Farm trade fears another EPA proposal
  • US air cargo executives had fretful year
  • Canada and US: history of bickering
  • Commercial insurers log on to catch up
  • West Coast ports braced to be bugged
  • Two missing in Texas ship fire
  • Fritz Cos. moves into Portugal
  • India's Madra port chooses Siemens AG to build liquid gas terminal
  • Volume of Japanese domestic cargo transport to fall 5.1%
  • Nepal and South Korea sign aviation pact
  • Taiwan-China trade slides 5.7 percent through January-October
  • German/Dutch group in rail anti-trust fight
  • German truckers blast European toll hikes
  • Modest increase in index
  • NCBFAA asks FMC to designate forwarders as shippers
  • China orders its carriers to purchase domestic vessels
  • Job cuts fuel workers' anxiety as Panama Canal transfer nears

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Exim Indiaweb site
DECEMBER 29, 1998
  • Buoyant Hyundai spreads its wings to Australia
  • Synthetic fabric exporters aim to consolidate Saudi market
  • Ficci lists tie-up areas with Lanka
  • Textile policy report in 3 months likely
  • US to slap stiff dumping duty on Indian mushrooms
  • Lower Customs duty on textile machinery import proposed
  • Govt-to-govt deals on expressways ruled out
  • Gold imports may exceed $ 7 billion in 1998-99
  • Kar Vivadh Samadhan Scheme: I-T Department clarifies
  • US may import Indian shrimp but without time-frame
  • Co-ops allowed to import higher grade silks
  • People & Placements

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Marine Logweb site
DECEMBER 29, 1998
  • Two U.S. shipbuilding associations merge
    The merger of the National Shipyard Association (NSA) and the Shipbuilders Council of America (SCA) is now official.
  • Second Bingo hull handed over to Friede Goldman
    Ocean Rigs ASA reports that the bare-deck hull for the Bingo 9000-2 deepwater semi-submersible drilling rig was handed over to Friede Goldman Offshore (FGO) in Pascagoula, Miss.
  • Chinese officials believe Japanese and Koreans will be forced to raise newbuilding prices
    Chinese yards have been hurt by the low prices currently being quoted by Japan and South Korea. But Chinese officials believe that, with problems caused by exchange rates mounting, the two countries' shipbuilders will have no choice but to end their low price tactics.

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Lloyd's Listweb site
DECEMBER 29, 1998
  • Uruguay in crisis over port sell-off
    URUGUAY'S port privatisation drama will hit fever pitch tomorrow when the parliament's investigative commission presents its findings into the Montevideo container terminal concession - a report which is expected to criticise the process on several accounts.
  • Tasman yacht race claims six lives
    AUSTRALIAN rescuers yesterday gave up hope of finding British Olympic yachtsman Glyn Charles, one of six sailors believed dead or missing after competitors in the Sydney-Hobart race ran into the worst storms in the event's 54-year history.
  • US go-ahead for Russian food cargoes
    WASHINGTON and Moscow have finally signed two agreements under which the US, beginning in January, will send a total of 3m tonnes of grains, meats, oilseeds, and dry milk to Russia in a deal valued at $830m.
  • Bolivia signs deal for rail technical assistance
    THE US and Bolivia have signed a "technical assistance partnership" under which Washington will provide Bolivian rail interests with US state-of-the-art technology for the Aiquile-Santa Cruz rail freight link, writes our Washington Correspondent.
  • German firm orders Finnish lakes ship
    A NEW class of shortsea cargo vessel optimised for trade into the Saimaa Canal and the southeastern Finnish lake system has been ordered by a German shipowner.
  • Lisnave bid to add Dakar to African assets
    LISNAVE International is set to acquire a shiprepair interest in a third African country.
  • P&I clubs showing 'tangible differences'
    A "tangible difference in approach" is emerging between P&I clubs continuing to strive to achieve balance in their technical underwriting and clubs happy to use more investment income to subsidise substantial technical deficits, according to Sedgwick Global P&I and J&H Marsh & McLennan's marine and energy division.
  • US shippers in reform warning
    NEWLY proposed regulations to implement service contract provisions of the recently-enacted US Ocean Shipping Reform Act 1998 may bind the industry in an "administrative straitjacket", the National Industrial Transportation League has warned.

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Antwerpse Lloyd n.v.web site
DECEMBER 29, 1998
  • P&ONL alignera encore cinq PC de 5.000 TEU d'ici 2000
    Récemment, l'armement P&ONL procédait à Marseille au baptême du porte-containers "P&O Nedlloyd Marseille", une unité de 2.900 TEU. Il s'agissait du dernier PC d'une série de cinq, les quatre précédents ayant été réceptionnés dans le courant de l'année. Cette unité a rejoint les douze autres PC identiques qui opèrent sur la route entre l'Europe et l'Australie/Nouvelle-Zélande, service assuré en coopération avec Contship, qui aligne six unités.
  • Inter Ferry Boats va participer à la gestion d'un terminal fret près d'Ashford
    C'est en principe en 2006 que la nouvelle ligne à grande vitesse, entre la sortie britannique du tunnel sous la Manche et la gare londonienne de St Pancras, sera (enfin) opérationnelle. Il ne faudra pas attendre aussi longtemps pour qu'un nouveau terminal marchandises, tant pour le transport conventionnel que combiné rail/route, le soit à Ashford, dans le Kent, à l'initiative d'Eurotunnel et d'Inter Ferry Boats.
  • Les services ferry restent le pilier principal du trafic portuaire ostendais
    En dépit d'une baisse de 5% à 2,4 millions de tonnes, le trafic ferry reste le pilier principal du trafic portuaire à Ostende.Dans le port côtier belge, on s'attend à pouvoir compenser à brève échéance les évolutions négatives dans ce secteur grâce à de nouvelles initiatives. Le secteur des diverses s'est inscrit cette année en hausse de 7% à 1,365 mio. de t.
  • CP Ships: d'autres acquisitions en 99?
    Prenant la parole récemment à Londres, Ray Miles, le CEO du groupe CP Ships, a confirmé que son groupe était toujours en quête de nouvelles "opportunités". "Nous regardons toujours autour de nous, mais il n'est pas dans notre politique de faire des commentaires à ce sujet", a-t-il dit.

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