Bulging orderbook boosts ABS plans to expand in China US classifier buffered from Asian crisis by high level of shipbuilding activity
Coastline takes delivery of 2nd cable-laying ship
China cracks down on illegal international freight agents
Mahathir to head discussion on use of Malaysian ports
Bergesen raises stake in Kvaerner to 15.9%
Air and Land Transport
US officials walk out of open skies talks with UK counterparts Washington to hold Oct 26 hearings on anti-trust immunity for BA-American Airlines alliance
China, UK agree on London-Shanghai service
SIA engineering arm to set up 3 joint ventures
PAL needs capital injection of 9b pesos: finance minister
Kenya to encourage growth of services at third int'l airport
Chrysler recalling 800,000 vehicles
S Korea's Sept car exports up 33.6%
Features
Finances play important role In a market with ups and downs, a shipowner must pay increasing attention to the financial aspects of business
Columns
Local council found not liable for disused boat accident on appeal
Bulging orderbook boosts ABS plans to expand in China US classifier buffered from Asian crisis by high level of shipbuilding activity
Coastline takes delivery of 2nd cable-laying ship
China cracks down on illegal international freight agents
Mahathir to head discussion on use of Malaysian ports
Bergesen raises stake in Kvaerner to 15.9%
Air and Land Transport
US officials walk out of open skies talks with UK counterparts Washington to hold Oct 26 hearings on anti-trust immunity for BA-American Airlines alliance
China, UK agree on London-Shanghai service
SIA engineering arm to set up 3 joint ventures
PAL needs capital injection of 9b pesos: finance minister
Kenya to encourage growth of services at third int'l airport
Chrysler recalling 800,000 vehicles
S Korea's Sept car exports up 33.6%
Features
Finances play important role In a market with ups and downs, a shipowner must pay increasing attention to the financial aspects of business
Columns
Local council found not liable for disused boat accident on appeal
Bulging orderbook boosts ABS plans to expand in China US classifier buffered from Asian crisis by high level of shipbuilding activity
Coastline takes delivery of 2nd cable-laying ship
China cracks down on illegal international freight agents
Mahathir to head discussion on use of Malaysian ports
Bergesen raises stake in Kvaerner to 15.9%
Air and Land Transport
US officials walk out of open skies talks with UK counterparts Washington to hold Oct 26 hearings on anti-trust immunity for BA-American Airlines alliance
China, UK agree on London-Shanghai service
SIA engineering arm to set up 3 joint ventures
PAL needs capital injection of 9b pesos: finance minister
Kenya to encourage growth of services at third int'l airport
Chrysler recalling 800,000 vehicles
S Korea's Sept car exports up 33.6%
Features
Finances play important role In a market with ups and downs, a shipowner must pay increasing attention to the financial aspects of business
Columns
Local council found not liable for disused boat accident on appeal
Bulging orderbook boosts ABS plans to expand in China US classifier buffered from Asian crisis by high level of shipbuilding activity
Coastline takes delivery of 2nd cable-laying ship
China cracks down on illegal international freight agents
Mahathir to head discussion on use of Malaysian ports
Bergesen raises stake in Kvaerner to 15.9%
Air and Land Transport
US officials walk out of open skies talks with UK counterparts Washington to hold Oct 26 hearings on anti-trust immunity for BA-American Airlines alliance
China, UK agree on London-Shanghai service
SIA engineering arm to set up 3 joint ventures
PAL needs capital injection of 9b pesos: finance minister
Kenya to encourage growth of services at third int'l airport
Chrysler recalling 800,000 vehicles
S Korea's Sept car exports up 33.6%
Features
Finances play important role In a market with ups and downs, a shipowner must pay increasing attention to the financial aspects of business
Columns
Local council found not liable for disused boat accident on appeal
La società dell'armatore corso Lota ordina ai cantieri Orlando due navi (280 miliardi) destinate alle rotte per la Sardegna Cabotaggio, la sfida di Tourship in vista della liberalizzazione scatta la corsa ad acquisire nuove linee anche oltre confine - Polemiche con Tirrenia
Supertraghetto consegnato a Sea Containers
Tre flotte greche a caccia di business nel Mediterraneo
Oristano, lo Stato si dimentica del porto
Arriva in «Gazzetta» il decreto sulle concessioni Nuovi canoni delle strutture per la nautica da diporto
Controllo anti-inquinamento nelle acque degli scali europei
Strasbourg backs ferry black boxes ALL ferries calling at European ports regardless of origin and flag will be required to carry aircraft-style black box data recorders, according to legislation newly approved by the European Parliament in Strasbourg.
Baltic resists hasty move on BFI CHANGES to the Baltic Freight Index should not be rushed, the Baltic Exchange said yesterday.
Navion takes a gamble on completing drillship Norway's Navion has taken a calculated gamble on the hull of the aborted West Navion II drillship project and decided to complete it as a multipurpose vessel capable of use either as a production ship or an intervention vessel for maintenance and repair of subsea production equipment.
Grand Princess boosts P&O's third quarter results Boosted by the introduction of Grand Princess, the world's largest cruiseship, P&O Cruises had a strong third quarter.
New Stena ro-ro ship signs up for UK Navy service STENA has taken delivery from Genoa's SEC shipyard of the first ro-ro cargoship in the new Stena 4-Runner class, writes Giovanni Paci.
Hong Kong shipowners to recruit China crew With interest rising in Chinese seamen as a potential source for crewing needs, the Hong Kong Shipowners Association is working on a landmark agreement to obtain standardised terms of access for its members to personnel from across the border.
London law firms set to forge alliance MARITIME and insurance practice is set to play a vital role in the planned creation of one of the City's largest law partnerships.
Atlantic oil patterns to alter ATLANTIC Basin oil patterns are set to change next year as a result of rising deliveries into the US and falling imports by European countries, according to Paris-based energy watchdog, the International Energy Agency.
Lines protest at pilots' fees INTERNATIONAL lines that operate in the Philippines are protesting against the refusal of Manila Pilots Association to provide services unless pilotage fees are paid in advance.
Birka profits hit PROFITS for Finnish roro and passenger shipping company Birka Line have slipped this year through the absence of substantial gains in securities trading.
Neptun to raise $105m NEPTUN Maritime, the Finnish ferry company, plans to raise Fmk 524m ($105m) through a rights issue and withdraw from its loss-making operations in the English Channel.
South Asia 'on top' says World Bank SOUTH Asia's economic growth is set to outstrip all other regions this year for the first time ever, according to World Bank predictions.
India to boost inland water transport INDIA'S Ministry of Surface transport has recommended to cabinet the enhancement of four waterways to national waterway status.
Long Beach makes space for Cosco AFTER Congress blocked Long Beach's attempt to build Cosco's new container terminal on a former Navy base, the port is moving ahead with an alternate plan
EC backs International Group plan THE EC's Competition Directorate has told the International Group of P&I Clubs that it will approve the proposed changes to the International Group Agreement.
Color Line enjoys passenger boost NORWEGIAN cruise ferry group Color Line recorded a six per cent rise in passenger volume in September.
Kværner dismisses bankruptcy rumours MARTIN Saarikangas, head of the shipbuilding division at Kværner, has dismissed rumours that the company might face bankruptcy under a heavy debt burden.
US bans untreated wood pallets THE US Department of Agriculture has announced it will ban the entry into the US of untreated wood cargo pallets and other untreated wood packaging, effective December 17.
Operators to impose Chennai congestion levy SINGAPORE and Asian regional feeder operators serving the south Indian port of Chennai are set to impose an indefinite congestion levy.
Taiwan to open up shipping industry TAIWAN is to open its shipping industry to foreigners by early next year to meet conditions for entry into the World Trade Organisation.
Oil sector breaking Filipino cabotage laws PHILIPPINE domestic tug and tanker operators have branded the offshore drilling industry the biggest violator of the country's cabotage laws.
Anvers: MSC opte résolument pour un terminal à marée sur l'Escaut Après des mois de discussions relatives à diverses formules proposées, l'armement MSC a finalement décidé d'opter pour le transfert de ses trafics containérisés vers un terminal à containers, à construire dans la future darse à marée, qui sera creusée au sud de Doel. La direction de l'armement nous a confirmé cette décision.
Les ports français estiment être moins coûteux qu'Anvers Selon des éléments diffusés par les milieux français intéressés, le coût global des ports français serait moins élevé que celui d'Anvers. Cela, dans des proportions non négligeables puisque la différence est évaluée à 18,5% au bénéfice de la France.
DD Shipping va implanterun terminal trimodal à Puurs DD Shipping, une division du groupe de transport De Dijcker, envisage des investissements importants le long du canal maritime Escaut-Bruxelles à Grimbergen et à Puurs . En coopération avec NV Zeekanaal et Watergebonden Grondbeheer Vlaanderen, le quai actuel à Grimbergen sera prolongé de 80 m ce qui permettra de traiter deux unités à la fois. En même temps une étude de faisabilité sera menée afin de déterminer si ce terminal pourrait faire fonction de terminal pour containers. La direction de DD Shipping vient de signer une déclaration d'intention pour la construction à Puurs d'un terminal connecté au rail. Surtout ce dernier aspect est un cas unique dans l'histoire de la navigation fluviale: un terminal fluvial trimodal où le transbordement peut être réalisé par voie d'eau, par la route et par rail.
La proposition de décret portuaire étend les subventions à certains services portuaires Comme nous l'annoncions déjà hier, les fractions du CVP et du SP ont introduit une proposition de décret auprès du Parlement flamand "concernant la politique et la gestion" des quatre ports maritimes de la Région flamande (Anvers, Gand, Ostende et Zeebrugge). C'est la première fois qu'une proposition semble être soutenue par une solide majorité au parlement. Les promoteurs de l'initiative - Paul Dumez en tête pour les démocrates chrétiens et Robert Voorhamme pour les socialistes, mais également les collègues de Flandre occidentale et orientale - entendent forcer une percée dans le dossier qui traîne depuis des années et sont persuadés que le texte sera approuvé avant la fin de l'actuelle législature en juin prochain. Dans leur proposition, ils se concentrent notamment sur le financement des futurs travaux d'infrastructure et les services portuaires.
Sydney talks on several fronts Efforts were continuing on several fronts yesterday in an attempt to improve the flow of cargo through Sydney ports. The Sydney Ports Users Group discussed the situation at length, while one of the stevedores, Patrick, held a meeting with officials from the Maritime Union of Australia. One of the members of the Sydney Ports Users Group, the commercial director of the New South Wales Road Transport Association, Terry Dene, told DCN the situation at Container Terminals Australia Ltd was becoming intolerable for truck operators. While to its credit, P&O Ports was keeping the facility open well after normal working hours, truck operators were simply unable to secure slots, Mr Dene said.
Now for the battle of Bunbury The Maritime Union of Australia claims that the newly elected federal government has rushed into a pre-election plan to privatise provincial ports in Western Australia and Queensland. The MUA's West Australian secretary Terry Buck said he believed that Bunbury had been earmarked as the first cab off the rank in the overall grand plan to privatise these ports -- a statement which has been strongly denied by the Bunbury Port Authority and a federal government representative. Mr Buck said he received advice from the BPA advising that the port intended to invite tenders for stevedoring, pilotage, mooring and hold cleaning.
ACCC sets up compo fund The Australian Competition and Consumer Commission announced yesterday it had established the 'Stevedoring Industry Reform Small Business Compensation Fund' to compensate businesses suffering losses as a result of the recent waterfront dispute. The commission's chairman, Allan Fels, noted that on 3 September the ACCC had reached a settlement in relation to its litigation concerning the waterfront dispute. "The settlement provided for a damages fund of up to $7.5 million, funded by Patrick Stevedore Holdings Pty Ltd, to be available for small businesses damaged by the boycotts during the dispute," Professor Fels said.
Records for Townsville despite Asia Following its 11th year of record trading last year, the Port of Townsville has now recorded the highest single monthly trade figures in its 102-year history. In September, 969,449 tonnes of cargo moved through the port -- 517,647 tonnes of imports and 451,801 tonnes of exports. Townsville Port Authority (TPA) CEO Lin Taylor said the result was "only one sugar ship short of one million tonnes for a single month". The port has also recorded its best trading quarter, for the first quarter of the financial year, in which it handled 2,591,636 tonnes of product -- up about 13 per cent on the same period in the previous year. Imports of 1,405,615 tonnes for the quarter were up 17 per cent on the previous year, and exports of 1,186,021 tonnes up by eight per cent.
Five-Well Contract For Transocean Offshore Transocean Offshore, Inc. has announced that its fourth-generation semisubmersible Transocean Richardson has received a five-well, minimum 190-day contract from Spirit Energy 76, Unocal Corp.'s Lower 48 exploration and production unit.
STN Atlas Wins Contracts Hamburg-based STN Atlas Marine Electronics has been awarded contracts for twelve proprietary shaft generators from Hyundai Heavy Industries of Ulsan, South Korea; Kvaerner Warnow of Warnem'nde; and Aker MTW, Wismar. Deliveries to the yards are scheduled to commence in April 1999 and will be completed by the end of the year.
New Ferry Features Cat Propulsion The first fast ferry in the Irish Ferries fleet will feature four Caterpillar 3618 main propulsion engines each rated at 7,200 kW. The new 284 ft. (86.6 m), being built by Australian Austal Ships Pty Ltd at its Henderson, Freemantle yard, will be able to carry 800 passengers and 200 cars at a service speed of 39 knots.
Friede Goldman Offshore Wins Jack-Up Contract Friede Goldman International, Inc. announced today a contract for its subsidiary Friede Goldman Offshore from Houston-based R&B Falcon for the Phoenix IV jackup rig.
Taiwan To Open Shipping Business To Foreigners Taiwan will open up its shipping business fully to foreigners in January to meet conditions for entry into the World Trade Organisation (WTO), the Singapore Business Times reported.
Neptun Maritime Could Sell Three Ships Finnish passenger ferry company Neptun Maritime will reportedly withdraw from English Channel operations, concentrating instead on its core business in the Northern Baltic Sea. The company will reportedly consider selling three of its cruise ships next year: the 616-passenger Walrus, 916-passenger Norwegian Dynasty and 1,200-passenger Leeward.
Calif. Spill Linked To Liberian Tanker USCG officials have traced an oil spill off California's coast last week to a Liberian-flagged tanker dubbed Command. Command was reported to be in San Francisco Bay last month and leaked a small amount of oil into the water from a cracked fuel tank. It made repairs and left the area in late September.
Evergreen Seas 6-7% Cargo Volume Rise Evergreen Marine Corp. reports that its 1998 cargo volume is on track to rise six to seven percent.
ELF '98: survival by concentration and privatisation. The European Logistics Forum in Genoa focused on the opportunities and risks of increasing liberalisation of transport.
Maritime
SCL and Delmas will operate separately in West African trade.
"K" Line, Yangming and Cosco change their trans-Pacific schedule.
Evergreen announces new schedule with a call at Yantian in China.
The 6690-TEU "P&O Nedlloyd Rotterdam" is christened.
Ignazio Messina calls at Marina di Carrara and Kuwait.
Canmar and Contship combine their agency companies.
IICL reports developments in its leased chassis fleet.
The Tripartite Group met in Kobe.
The Ocean Shipping Reform Act has been approved by the US Congress and now only needs President Clinton's signature.
Calendar of events: Container Asia 98 in Kuala Lumpur; 11th Shipping Finance Conference in London.
Ports and Terminals
Buenos Aires prepares to invest USD 40 million to meet future demand.
Yantian phase II is now operational.
New publications: Port Risk Management and Insurance Guidebook; The Guide on CD.
Ensanada receives two new cranes.
Westport, Port Klang, posts record.
Forwarding
Bolero, the new electronic bill of lading, was one of the subjects of discussion at Fiata in Sydney.
ASG Sea & Air takes over ASG (HK).
Aviation
Emirates will cooperate with Thai Airways and introduces more destinations and higher frequencies.
Continental Airlines is planning to form a new alliance, which will probably be called Wings, with four other carriers, NWA, KLM, Alitalia and Air France.
AMR Corp, parent of AA, will focus on core activities in future.
NCA was successful in fiscal 1997/98 despite adverse circumstances.
Tiaca warns of the Millenium Bug, and Iata and Icao set up programs to cope with the problem.
Finnair wants to join oneworld.
Plans are underway for the privatisation of Air India.
ELF '98: survival by concentration and privatisation. The European Logistics Forum in Genoa focused on the opportunities and risks of increasing liberalisation of transport.
Maritime
SCL and Delmas will operate separately in West African trade.
"K" Line, Yangming and Cosco change their trans-Pacific schedule.
Evergreen announces new schedule with a call at Yantian in China.
The 6690-TEU "P&O Nedlloyd Rotterdam" is christened.
Ignazio Messina calls at Marina di Carrara and Kuwait.
Canmar and Contship combine their agency companies.
IICL reports developments in its leased chassis fleet.
The Tripartite Group met in Kobe.
The Ocean Shipping Reform Act has been approved by the US Congress and now only needs President Clinton's signature.
Calendar of events: Container Asia 98 in Kuala Lumpur; 11th Shipping Finance Conference in London.
Ports and Terminals
Buenos Aires prepares to invest USD 40 million to meet future demand.
Yantian phase II is now operational.
New publications: Port Risk Management and Insurance Guidebook; The Guide on CD.
Ensanada receives two new cranes.
Westport, Port Klang, posts record.
Forwarding
Bolero, the new electronic bill of lading, was one of the subjects of discussion at Fiata in Sydney.
ASG Sea & Air takes over ASG (HK).
Aviation
Emirates will cooperate with Thai Airways and introduces more destinations and higher frequencies.
Continental Airlines is planning to form a new alliance, which will probably be called Wings, with four other carriers, NWA, KLM, Alitalia and Air France.
AMR Corp, parent of AA, will focus on core activities in future.
NCA was successful in fiscal 1997/98 despite adverse circumstances.
Tiaca warns of the Millenium Bug, and Iata and Icao set up programs to cope with the problem.
Finnair wants to join oneworld.
Plans are underway for the privatisation of Air India.
ELF '98: survival by concentration and privatisation. The European Logistics Forum in Genoa focused on the opportunities and risks of increasing liberalisation of transport.
Maritime
SCL and Delmas will operate separately in West African trade.
"K" Line, Yangming and Cosco change their trans-Pacific schedule.
Evergreen announces new schedule with a call at Yantian in China.
The 6690-TEU "P&O Nedlloyd Rotterdam" is christened.
Ignazio Messina calls at Marina di Carrara and Kuwait.
Canmar and Contship combine their agency companies.
IICL reports developments in its leased chassis fleet.
The Tripartite Group met in Kobe.
The Ocean Shipping Reform Act has been approved by the US Congress and now only needs President Clinton's signature.
Calendar of events: Container Asia 98 in Kuala Lumpur; 11th Shipping Finance Conference in London.
Ports and Terminals
Buenos Aires prepares to invest USD 40 million to meet future demand.
Yantian phase II is now operational.
New publications: Port Risk Management and Insurance Guidebook; The Guide on CD.
Ensanada receives two new cranes.
Westport, Port Klang, posts record.
Forwarding
Bolero, the new electronic bill of lading, was one of the subjects of discussion at Fiata in Sydney.
ASG Sea & Air takes over ASG (HK).
Aviation
Emirates will cooperate with Thai Airways and introduces more destinations and higher frequencies.
Continental Airlines is planning to form a new alliance, which will probably be called Wings, with four other carriers, NWA, KLM, Alitalia and Air France.
AMR Corp, parent of AA, will focus on core activities in future.
NCA was successful in fiscal 1997/98 despite adverse circumstances.
Tiaca warns of the Millenium Bug, and Iata and Icao set up programs to cope with the problem.
Finnair wants to join oneworld.
Plans are underway for the privatisation of Air India.
ELF '98: survival by concentration and privatisation. The European Logistics Forum in Genoa focused on the opportunities and risks of increasing liberalisation of transport.
Maritime
SCL and Delmas will operate separately in West African trade.
"K" Line, Yangming and Cosco change their trans-Pacific schedule.
Evergreen announces new schedule with a call at Yantian in China.
The 6690-TEU "P&O Nedlloyd Rotterdam" is christened.
Ignazio Messina calls at Marina di Carrara and Kuwait.
Canmar and Contship combine their agency companies.
IICL reports developments in its leased chassis fleet.
The Tripartite Group met in Kobe.
The Ocean Shipping Reform Act has been approved by the US Congress and now only needs President Clinton's signature.
Calendar of events: Container Asia 98 in Kuala Lumpur; 11th Shipping Finance Conference in London.
Ports and Terminals
Buenos Aires prepares to invest USD 40 million to meet future demand.
Yantian phase II is now operational.
New publications: Port Risk Management and Insurance Guidebook; The Guide on CD.
Ensanada receives two new cranes.
Westport, Port Klang, posts record.
Forwarding
Bolero, the new electronic bill of lading, was one of the subjects of discussion at Fiata in Sydney.
ASG Sea & Air takes over ASG (HK).
Aviation
Emirates will cooperate with Thai Airways and introduces more destinations and higher frequencies.
Continental Airlines is planning to form a new alliance, which will probably be called Wings, with four other carriers, NWA, KLM, Alitalia and Air France.
AMR Corp, parent of AA, will focus on core activities in future.
NCA was successful in fiscal 1997/98 despite adverse circumstances.
Tiaca warns of the Millenium Bug, and Iata and Icao set up programs to cope with the problem.
Finnair wants to join oneworld.
Plans are underway for the privatisation of Air India.
ELF '98: survival by concentration and privatisation. The European Logistics Forum in Genoa focused on the opportunities and risks of increasing liberalisation of transport.
Maritime
SCL and Delmas will operate separately in West African trade.
"K" Line, Yangming and Cosco change their trans-Pacific schedule.
Evergreen announces new schedule with a call at Yantian in China.
The 6690-TEU "P&O Nedlloyd Rotterdam" is christened.
Ignazio Messina calls at Marina di Carrara and Kuwait.
Canmar and Contship combine their agency companies.
IICL reports developments in its leased chassis fleet.
The Tripartite Group met in Kobe.
The Ocean Shipping Reform Act has been approved by the US Congress and now only needs President Clinton's signature.
Calendar of events: Container Asia 98 in Kuala Lumpur; 11th Shipping Finance Conference in London.
Ports and Terminals
Buenos Aires prepares to invest USD 40 million to meet future demand.
Yantian phase II is now operational.
New publications: Port Risk Management and Insurance Guidebook; The Guide on CD.
Ensanada receives two new cranes.
Westport, Port Klang, posts record.
Forwarding
Bolero, the new electronic bill of lading, was one of the subjects of discussion at Fiata in Sydney.
ASG Sea & Air takes over ASG (HK).
Aviation
Emirates will cooperate with Thai Airways and introduces more destinations and higher frequencies.
Continental Airlines is planning to form a new alliance, which will probably be called Wings, with four other carriers, NWA, KLM, Alitalia and Air France.
AMR Corp, parent of AA, will focus on core activities in future.
NCA was successful in fiscal 1997/98 despite adverse circumstances.
Tiaca warns of the Millenium Bug, and Iata and Icao set up programs to cope with the problem.
Finnair wants to join oneworld.
Plans are underway for the privatisation of Air India.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
