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20 June 2018 The on-line newspaper devoted to the world of transports 17:17 GMT+2

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Shipping Timesweb site
SEPTEMBER 30, 1998
Shipping News
  • Knud I Larsen's 3 new tankers to fly S'pore flag
    Its regional office KIL Singapore now manages 21 ships
  • Sentosa foam parties to feature on cruise ship
  • Philippines fighting ferry oil spill
  • US$50m loan for Dubai tankers
  • Port shots
Air and Land Transport
  • PAL's future depends on union vote on management proposal
    Manila to call off domestic charter flights by Cathay Pacific next week
  • India seeks US investors for highway projects
  • More checks of B737 fuel-tank wiring ordered
  • Sale delivers final two planes to America West
  • KLM aims to cut costs
  • Small cars shine in tough market
  • Railtrack shareholders back plan to buy rail link
  • New era of luxury arrives
    The US$350m SuperStar Leo, with 1,000 cabins, is the first world-class megaship to be built for Asian market
  • ITF campaign vessel highlights unsavoury side of shipping

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Sched Netweb site
SEPTEMBER 30, 1998
  • Eurokai positive following 1998 increases
  • OOCL names new vessel
  • Cho Yang/Blue Star to charter Maersk slots
  • Internet system on trial at Port of Rotterdam
  • Star Alliance looks to expand with more Asian members
  • Airbus Beluga makes aid flight to flood-ravaged China
  • Sichuan Airlines receives A321 - first for China

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Cargowebweb site
SEPTEMBER 29, 1998
  • UK will build Channel tunnel rail link
  • Union anger at ECT-Maersk accord
  • PAL accord with unions
  • Higher Swiss tolls
  • Smit starts tug services in Hamburg

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The Journal of Commerceweb site
SEPTEMBER 30, 1998
  • Tardy export filings decrease
  • Textile buyers want names of transshippers
  • Red tape blocks hazardous road to nowhere
  • Export zones give nations new entry into world trade
  • Georges: The messy aftermath
  • Financially ailing Croatia Line gets $78.8 million reprieve from its government
  • Gabon's free trade zone plans are taking shape
  • American Airline parent selling three units, including its air cargo subsidiary
  • Emery Worldwide signs up hydraulic power systems maker Sauer-Sunstrand
  • TRW Integrated Supply Chain Solutions opens Singapore office
  • Australian insurers brace for gas crisis claims
  • NYK Line taps DiVirgilio as vp for marketing and sales
  • Pioneer Railcorp receives federal funds to repair 1998 storm damage
  • Manugistics wins logistics software pact with Australian food giant Goodman Fielder
  • Terminal solutions to intermodal challenges
  • Embattled Union Pacific posts best operating performance since August 1997
  • Hong Kong cargo handler sues over airport crisis, slams tests
  • Free-wheeling cargo delivered by tricycle in two German ports
  • Kinnock wants EU to stand together, negotiate air pact
  • Workers stand in way of Philippine Air rescue
  • Georges' aftermath: flooding, power loss
  • British port enters Atlantic trade
  • What has six legs, two horns and may be a major threat to the US economy and trade?
  • Shipbrokers told to fish for information or die
  • Bulk ship operators told their future is a gamble

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Cyber Shipping Guide - Ocean Commerceweb site
SEPTEMBER 30, 1998
  • Wan Hai Revamps Southeast Asian Services
  • FMC's Transpacific Hearing Schedules Unveiled
  • Salalah Box Terminal Operational Early Nov.
  • Maersk, ECT Ink Pact for New Terminal in Rotterdam

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urgente online pressweb site
SEPTEMBER 30, 1998
  • Renfe transporta en verano 5,5 millones de viajeros más que en 1997
  • El Gobierno libera los precios de las gasolinas
  • La UE obliga a instalar el tacógrafo digital
  • Los auxiliares de vuelo organizan paros para diciembre
  • Barajas estrena nuevo espacio aéreo
  • Frans Maas abre rutas entre Portugal y el Reino Unido
  • La UE aprueba la fusión Renault/Iveco
  • Estados Unidos recuerda la prohibición de volar sobre Sudán y Afganistán

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Cargo Info Africa - Freight & Trading Weeklyweb site
SEPTEMBER 30, 1998
  • PPECB accepts that its role has changed
  • New agreement will lead to free market - Kruger
  • Shippers scored as lines were tied in to a fixed price structure
  • Companies will be wise to stick to their core business
  • Ships return to DRC but riot damage delays loading
  • Zambia lays off 2400 in moves to rail privatisation
  • Employers and employees must take joint responsibility in retrenchment process
  • Specialisation is the name of the game
  • Third party warehousing allows companies to concentrate on their core business
  • Road hauliers fear major delays as border post project goes live
  • Quality control is a key to today's approach
  • Linking with another operation provides a viable option - Black
  • Any alliance must be morally correct and capable of generating extra business - Buckley-Jones
  • Four candidates will bone up their skills in Germany
  • Saferoute appoints Canadian agent
  • Express trees!
  • SPCA slaps restrictions on livestock carrier
  • Lykes keen to exploit SA's strategic potential
  • I needed to empower myself economically - Maboi
  • Training is an essential ingredient - Mthethwa
  • Cargo Info Africa Internet Oscars
  • Informative site supports online transactions
  • 'Mauritius Freeport will play decisive role in development of the region'
  • Pass the chopsticks
  • IDC to drop low interest rate finance for export promotion
  • P&ON cares
  • Customers demand electronic solutions
  • Lesotho crisis could colour future investment decisions for SA, says analyst
  • Win prizes worth R10 000!
  • For the record
  • DHL and Affretair invest R15-m to upgrade handling facilities
  • SA station comes up trumps
  • Danzas joins Lufthansa's partnership programme
  • Customs courses now available in five centres
  • Shipping lines are forced to run faster just to stand still
  • EDI will be bedded down in November at JIA
  • Overborder truckers steer clear of Lesotho
  • Charles Fairweather leaves SAA for Laser
  • PE reader pockets this month's R1000 prize

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Marine Logweb site
SEPTEMBER 30, 1998
  • BIMCO launches Y2K clause
  • Six yards bid for innovative offshore Field Development Ship

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Lloyd's Listweb site
SEPTEMBER 30, 1998
  • NOL bullish despite first-half downturn
    Neptune Orient Lines (NOL) confirmed the markets' worst fears yesterday when it plunged to a thumping S$240.7m (US$140m) loss for the first half of this year.
  • Keppel faces major restructuring
    Keppel Corp, the diversified marine based conglomerate, plans to restructure and slash loss-making operations, the company revealed yesterday, writes Edward Ion, Asia Editor, Singapore.
  • Stelmar share offer 'on hold'
    Stelmar Tankers' initial public offering (IPO) has been put on "temporary hold" as a result of the turmoil in world markets.
  • Stolt Comex seeks new earning areas
    Subsea contractor Stolt Comex Seaway has expressed confidence that it will remain immune to the shrinkage of oil firm exploration budgets for at least two years, provided the oil price does not remain low for an extended period, writes Rajesh Joshi, Oslo Correspondent.
  • Philippine officials battle with oil spill
    PHILIPPINE maritime officials are battling an oil spill caused by the sinking of the passenger ferry Princess of the Orient on September 18.
  • Star will proceed with newbuildings
    MALAYSIAN-based Star Cruise will not cut back on its $1.5bn four ship newbuilding programme because of the Asian financial crisis and may even build a 100,000 ton vessel in future. President and chief executive, Colin Au has told Lloyd's List. "We have signed for four ships and we will build them," he said.
  • Japanese insurers face $525m loan loss
    JAPANESE insurers have revealed they have at least $525m in problem loans to Japan Leasing Corp, the institution heading for a massive corporate collapse.
  • P&O Nedlloyd Rotterdam is named
    P&O Nedlloyd has dismissed fears about overcapacity at the naming ceremony of its third mega-containership in Rotterdam yesterday writes Emily Redding, Rotterdam The third of the four new Southampton class 6,690 teu vessels ordered by P&O Nedlloyd (pictured) was christened P&O Nedlloyd Rotterdam by the HRH Princess Margriet of the Netherlands.

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Fairplayweb site
SEPTEMBER 29, 1998
  • O'Neil issues cruise safety warning
    BILL O'Neil, secretary general of the IMO has issued a warning over the safety of the new generation of 5,000 passenger cruise ships.
  • Filipino ROs intensify campaign
    FILIPINO radio officers (ROs) have formed a new union, and intensified their campaign for a license upgrade, in the light of the forthcoming implementation of GMDSS.
  • NOL slumps into red
    SINGAPORE shipowner NOL suffered a S$63m ($37m) operating loss for the first six months of 1998, and a registered net loss of S$241m.
  • Australian gas crisis worsens
    A THIRD car-maker has announced it is suspending production in Australia in response to an energy crisis which analysts predict could cut almost half-a-point off the nation's gdp.
  • Spliethoff in $320m ship deal
    DUTCH shipping group Spliethoff will invest $320m in ten multi-purpose ships, following a deal with UPM-Kymmene, the Finnish forestry group.
  • Bank seizes Russian reefer
    DSF, the Copenhagen-based shipping bank, has had the 4,000 dwt reefer Orion seized in the Port of Aarhus for non-payment of debt.
  • Kværner shares slide
    UNEASINESS over the future of Kværner continues to mount as the company's shares have fallen sharply and a bond launched last week yielded 40 per cent at issue.
  • Georges boosts Panama Canal's power
    PANAMA Canal Commission (PCC) has had an unexpected boost from Hurricane Georges, with rainfall swelling Gatun Lake, allowing the power plant to restart after a longterm hiatus.
  • Pipavav shipbreaking project to be spun off
    GOVERNMENTAL approval has been given to the proposal of the Gujarat Pipavav Port to spin off shipbreaking from its integrated port project.
  • CCNI stages expansion drive
    THE Chilean Interocean Navigation Company (CCNI) last week received the fifth of six new Conbulker B-577s for mixed bulk and container transport.
  • Indonesia restructures oil business
    ALL seven of Indonesia's oil refineries owned and operated by state oil and gas company Pertamina will become separate business units from next month.
  • Puerto Cabello shifts radioactive boxes
    TWO twenty-foot containers, containing 15 kilos of radioactive material, arrived by road on September 25 at the Venezuelan naval base docks in Puerto Cabello.
  • LOOP closed by hurricane
    THE Louisiana Offshore Oil Port, 20 miles off the coast of Louisiana, remained closed for the third consecutive day yesterday as hurricane Georges swept through the US Gulf Coast.

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Daily Commercial Newsweb site
SEPTEMBER 30, 1998
  • Election outcome: waterfront waits
    The outcome of Saturday's federal election will be watched on the waterfront with greater interest than perhaps any other sector of industry.
    According to industry sources there is some apprehension about the possibility of a change of government and the effect which such a change could have, particularly on the two stevedores.
    While Patrick has implemented its new enterprise agreement after a bruising confrontation with the Maritime Union of Australia, P&O Ports has yet to enter into serious discussions with the union.
  • Carter says ALP rail policy 'closer to mark'
    While both of the major parties' rail industry policy statements fall short of what is required, the Labor Party's statement is closer to the mark, according to Rail 2000's executive director Mark Carter.
    Commenting on the release of the ALP's policy, Mr Carter said that on the critical issue of the provision of funding for national track upgrades, the ALP's commitment to provide $400 million for the Australian Rail Track Corporation -- including $150 million over three years specifically to improve the Adelaide-Melbourne corridor -- was clearly superior to the coalition's allocation of only $250 million.
  • COSCO's Qingdao calls a Sino-the-times
    IN A move reflecting the increasing liner service trend to a wider range of direct Chinese port calls China Ocean Shipping Co has announced a further strengthening of its principal Australian service with the additional of fixed-day weekly calls at Qingdao from mid-November.
    The line, which is replacing three "old and slow" cellular vessels in its six-ship Sino-service, with three 19-knot ships from next month, will then offer Australian shippers and consignees a direct weekly sailing from/to four Chinese ports, Xingang, Qingdao, Shanghai and Hong Kong.
  • Gas crisis: shippers brace for fallout
    WITH industry largely at a standstill across Victoria until gas supplies are restored, the shipping and transport industries are bracing themselves for the inevitable trickle down effect to hit their businesses.
    While it is still early days, the general consensus is that as manufacturing industry product stocks dwindle business will slow down considerably.

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