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21 November 2024 - Year XXVIII
Independent journal on economy and transport policy
11:40 GMT+1
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BRIEFS
August 25, 1998
Shipping Timesweb site
Shipping News
  • Efficiency the deciding factor in choice of port
    Productivity, frequency of main-line calls also cited as factors that make S'pore top transhipment port
  • Court hearing starts on S'pore Strait collision
  • Port of Palm Beach to build US$12m cruise terminal
  • Taca confident court will overturn EU fines if imposed
  • Collision at Tuas Bay
  • Mah Bow Tan to speak at law seminar
Air and Land Transport
  • Full cargo operations resume at Chek Lap Kok
    Hongkong Air Cargo Terminals Ltd now running all operations out of Super Terminal 1
  • Call to stop Bangkok flights to Cambodia's Angkor Wat
  • Air New Zealand's travelling billboard
  • China firm extends cooperation with Boeing
  • Indian Airlines cautions against raising capacity
Features
  • Taiwan seeks to end stalemate
    Authorities study recommendations to prevent pilots' threat to halt services in protest over plan to cut their number

Shipping Timesweb site
Shipping News
  • Efficiency the deciding factor in choice of port
    Productivity, frequency of main-line calls also cited as factors that make S'pore top transhipment port
  • Court hearing starts on S'pore Strait collision
  • Port of Palm Beach to build US$12m cruise terminal
  • Taca confident court will overturn EU fines if imposed
  • Collision at Tuas Bay
  • Mah Bow Tan to speak at law seminar
Air and Land Transport
  • Full cargo operations resume at Chek Lap Kok
    Hongkong Air Cargo Terminals Ltd now running all operations out of Super Terminal 1
  • Call to stop Bangkok flights to Cambodia's Angkor Wat
  • Air New Zealand's travelling billboard
  • China firm extends cooperation with Boeing
  • Indian Airlines cautions against raising capacity
Features
  • Taiwan seeks to end stalemate
    Authorities study recommendations to prevent pilots' threat to halt services in protest over plan to cut their number

Shipping Timesweb site
Shipping News
  • Efficiency the deciding factor in choice of port
    Productivity, frequency of main-line calls also cited as factors that make S'pore top transhipment port
  • Court hearing starts on S'pore Strait collision
  • Port of Palm Beach to build US$12m cruise terminal
  • Taca confident court will overturn EU fines if imposed
  • Collision at Tuas Bay
  • Mah Bow Tan to speak at law seminar
Air and Land Transport
  • Full cargo operations resume at Chek Lap Kok
    Hongkong Air Cargo Terminals Ltd now running all operations out of Super Terminal 1
  • Call to stop Bangkok flights to Cambodia's Angkor Wat
  • Air New Zealand's travelling billboard
  • China firm extends cooperation with Boeing
  • Indian Airlines cautions against raising capacity
Features
  • Taiwan seeks to end stalemate
    Authorities study recommendations to prevent pilots' threat to halt services in protest over plan to cut their number

Sched Netweb site
  • MSC announces surcharges
  • Pride and Honour for Canada Maritime
  • Malaysia fights back over port issue
  • BIMCO leads 'toward better decisions'
  • Europe rail declines, road gains
  • Hong Kong, Turkey to expand relationship
  • Toledo holds extra benefits for Lufthansa
  • Panalpina gets Number 1 rating in Europe

Cargowebweb site
AUGUST 24, 1998
  • KLM serves subpoena on pilots
  • NS Cargo loss in spite of substantial volume rise
  • Better result BTL
  • Kuehne & Nagel Group records pleasing business development
  • Shares repurchased by Van Ommeren reach 10 percent limit
  • Pakhoed reports 15 percent higher earnings

The Journal of Commerceweb site
Home
  • Carriers drop rates on Latin trade lane
  • Yeltsin's moves may signal own departure
  • Crime wave continues to grip capital of Mexico, posing threat to US business
  • Thai minister vying for chief spot at WTO
  • CN, union reach preliminary accord
  • Some details on Clinton's harbor tax replacement plan leak
  • Fine Air And Southern Air cancel their engagement
  • EU duty to hit India grey cotton exports
  • Northwest Airlines begins to embargo airfreight
  • Allstate files $25 million fraud lawsuit against L.A. docs and chiropractors
Transportation
  • Workers expected to ratify CN pact
  • Hong Kong cargo handler returns to new airport
  • Branson delays plans to float Virgin Atlantic stock
  • DNA vanishes along with DHL founder
Maritime
  • China's stance softens in US shipping feud
  • Unions protest SSA port deal

The Journal of Commerceweb site
Home
  • Carriers drop rates on Latin trade lane
  • Yeltsin's moves may signal own departure
  • Crime wave continues to grip capital of Mexico, posing threat to US business
  • Thai minister vying for chief spot at WTO
  • CN, union reach preliminary accord
  • Some details on Clinton's harbor tax replacement plan leak
  • Fine Air And Southern Air cancel their engagement
  • EU duty to hit India grey cotton exports
  • Northwest Airlines begins to embargo airfreight
  • Allstate files $25 million fraud lawsuit against L.A. docs and chiropractors
Transportation
  • Workers expected to ratify CN pact
  • Hong Kong cargo handler returns to new airport
  • Branson delays plans to float Virgin Atlantic stock
  • DNA vanishes along with DHL founder
Maritime
  • China's stance softens in US shipping feud
  • Unions protest SSA port deal

The Journal of Commerceweb site
Home
  • Carriers drop rates on Latin trade lane
  • Yeltsin's moves may signal own departure
  • Crime wave continues to grip capital of Mexico, posing threat to US business
  • Thai minister vying for chief spot at WTO
  • CN, union reach preliminary accord
  • Some details on Clinton's harbor tax replacement plan leak
  • Fine Air And Southern Air cancel their engagement
  • EU duty to hit India grey cotton exports
  • Northwest Airlines begins to embargo airfreight
  • Allstate files $25 million fraud lawsuit against L.A. docs and chiropractors
Transportation
  • Workers expected to ratify CN pact
  • Hong Kong cargo handler returns to new airport
  • Branson delays plans to float Virgin Atlantic stock
  • DNA vanishes along with DHL founder
Maritime
  • China's stance softens in US shipping feud
  • Unions protest SSA port deal

Cyber Shipping Guide - Ocean Commerceweb site
  • Shipper's Body Unveils THC Survey Results
  • TWRA Announces Lower CAF for Oct-Dec Period
  • Lifting of Box Rules Urges Japanese Brewer to Use More FEUs
  • CN Wraps Up Negotiations with Major Unions

urgente online pressweb site
  • Interrail elimina el tope de edad
  • El puerto de Amberes se libra de la crisis asiática
  • Varig renueva flota con Boeing
  • Fiat Ferroviaria venderá un tren rápido a Polonia

Exim Indiaweb site
AUGUST 24, 1998
  • Exporters hail RBI steps
  • Road projects allowed 10 pc depreciation
  • Optimism on non-basmati rice exports
  • ITAT: Depreciation can be claimed before production
  • MbPT task force to draw up growth strategy
  • Nafed hikes onion f.o.b. prices by $ 150 a tonne
  • Customs, excise collections spurt in July
  • 40 port projects cleared
  • AEPC switches over to ETS
  • Ranina allays fears on Money Laundering Bill
  • Fishing
  • Fertiliser subsidy raised
  • Venture capital firm in AP to aid software cos

Lloyd's Listweb site
  • China hints at Sea-Land concessions
    Chinese officials have signalled willingness to grant a key concession to an American shipping company if there is an easing of tensions in maritime relations between the two nations.
  • Russian share turmoil
    SHARES see-sawed on European and emerging markets amid renewed concern over Russian stability and whether president Boris Yeltsin himself could hold on to power.
  • Negros Navigation sees $3.3m first half losses
    Negros Navigation, the Philippines' oldest domestic passenger and cargo liner reported a net loss of Peso138m (US$3.3m) for the first half of 1998.
  • Maersk buys China firm
    Maersk Container Industry has reached an outline agreement to buy Qingdao Jindo Reefer Container Co, from Korean container manufacturer Jindo.
  • CP Ships targets ANZDL acquisition
    CP Ships is understood to have offered up to $100m to buy Australia-New Zealand Direct Line from French transport operator Delmas and New Zealand's troubled investment giant Brierley Investments.
  • Maersk talk fuels Asian trade uncertainty
    THE new flurry of rumours in Australia about Maersk Line's intentions with its Australia/north Asian operations have underscored the uncertainties in that trade, writes Kevin Chinnery, Sydney.
  • Loss-making Torm writes down fleet
    DS Torm has written down the value of its fleet by around 13% or DKr220m ($32.3m) and further made DKr80m in provisions on bareboat chartered vessels.
  • DSF eyes more newbuild loans
    Danish ship-mortgage lender DSF expects to increasingly offer loans for newbuildings from Danish-owned foreign shipyards and for Danish owners' orders from foreign yards, writes Andrew Draper, Den-mark Correspondent.

Fairplayweb site
AUGUST 24, 1998
  • Maltese pm tours island's shipyards
    MALTESE prime minister Dr Alfred Sant toured the island's two shipyards last week as part of his election campaign.
  • Norway floats its currency
    NORWAY'S central bank has decided to allow the krona to float after raising its benchmark interest rate for the second time in two days.
  • Productivity surges at Rio box terminal
    GRUPO Libra, the operator at Rio de Janeiro's Terminal 1, reports that it has more than doubled productivity since it began operations this spring.
  • Newcastle hits coal record
    A SURGE in coal exports has confirmed Newcastle as Australia's premier tonnage port and the world's largest capacity coal export port.
  • BIMCO protests to China
    BIMCO and the International Maritime Bureau are officially protesting to the Chinese government over the treatment of merchant vessels at its ports.
  • India takes action on cabotage
    INDIA is to take action against foreign ships carrying domestic cargo without obtaining prior permission.
  • UK and Swedish activity lift DFDS
    DFDS, the Danish ferry and haulage group, saw its first half figures boosted by active trade in the UK and Sweden.
  • NCLH to seek NYSE listing
    OSLO-based cruiseship operator NCL Holding is to seek a listing for its shares on the New York Stock Exchange, but has dropped the option of a share issue.
  • Stena Discovery delayed by faulty linkspan
    STENA Discovery has returned to the Netherlands this morning following the failure of the linkspan at Harwich.
  • Nenaco on debt reduction programme
    PHILIPPINE shipping operator, Negros Navigation, is seeking softer credit terms from its lenders, and may sell non-core assets to ease the company's Pesos 4bn ($95m) debt burden.
  • Wilhelmsen expands into handysize
    WILH WILHELMSEN, the Norwegian shipping group, has acquired a 23.5 per cent stake in Bergen-based Western Bulk Shipping.
  • Court dismisses Subic Bay chairman's plea
    OUSTED Subic Free Port chairman Richard Gordon has had a plea that he should remain in his post dismissed by the Philippine appeals court.
  • BV ex-managers officially charged
    SEVEN former senior managers at Bremer Vulkan group have now been officially charged with fraud by Bremen state prosecutors.
  • Malaysia 'losing out on insurance'
    MALAYSIA is losing about M$1bn ($236m) annually in the form of shipping insurance, because exporters continue to use foreign ports, according to a Malaysian minister.
  • Taiwanese arrested for sailing to China
    THREE Taiwanese deputies and 13 others were arrested last week for defying a government ban on direct sailing to China.
  • US repairer cuts 80 jobs
    CASCADE General, operator of the largest shiprepair facility on the west coast of North America, has announced it will cut 80 of its permanent staff.

Daily Commercial Newsweb site
  • Crucial period for wharf settlement
    The next 24 to 48 hours will be crucial to the future enterprise agreement negotiations now in progress between Patrick and the Maritime Union of Australia.
    Industry sources told DCN yesterday that informal discussions were progressing and these may turn into formal talks within a matter of hours.
    In any case, both parties are reported to be aware that the next 24 to 48 hours are crucial to the resolution of their differences which were yesterday still said to number eight.
    Of those eight, four were not regarded as being "genuine".
    If no agreement is forthcoming, it is expected that the stevedore will press for the involvement of the Australian Industrial Relations Commission which could then conciliate and arbitrate the matter.
  • Kiwis grab another Aust forwarder
    Transport giant Brambles Industries Ltd has sold off its Australian international freight forwarding division to New Zealand transport group Tranz Rail Holdings Limited for an undisclosed sum.
    Brambles' head office did not want to comment on the sale yesterday, but Tranz Rail revealed on Friday it had bought Brambles International Cargo, the freight forwarding operation of Brambles Australia Limited.
    It is believed that BIC staff and customers were informed of the sale on Friday.
    The acquisition of BIC bolsters Tranz Rail's modest presence in the Australian transport market and represents its first venture into the global freight forwarding arena. Tranz Rail's only other Australian venture is its 27 per cent equity interest in Australian Transport Network Ltd, which operates Tasmanian rail freight operation, Tasrail.
    Bramble's sale of BIC -- part of the company's plans to divest activities in Australia which do not fit its long-term strategy -- follows the divestment of its domestic general transport and freight forwarding businesses two years ago to Toll Holdings Ltd for $25 million.
  • WA govt announces Westrail task force
    The Western Australian government has appointed the five-member task force that will ultimately manage the sale of Westrail's freight business.
    The Rail Freight Sale Task Force, which will report to the cabinet, will determine the timing and structure of the freight business and associated infrastructure for potential buyers.
    It will be chaired by Transport director-general Dr Chris Whitaker, its deputy chairman will be John Langoulant of the treasury and its other members are Stephen Wood of the Department of Premier and Cabinet, Graeme Harman of the office of the Minister for Transport and Tim Sharp of the Crown Solicitors Office.
  • Shipping outlook bleak: ACOS
    The months ahead will be difficult for the shipping industry, according to Australian Chamber of Shipping (ACOS) chief executive John Jenkins.
    Writing in the ACOS annual review of shipping, Mr Jenkins said the trend towards major consortium operations on a global scale would continue in liner/container shipping, as being the only practical defence against a continued depressed market where all other cost savings had already been explored.
    He warned that benefits which the industry might earlier have had reason to believe would gradually emerge during the year would now take considerably longer to become evident.

›››File
FROM THE HOME PAGE
New historical record of monthly container traffic in the port of Long Beach
Long Beach / Los Angeles
In October, strong growth in Los Angeles climbing activity.
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
Haifa
The fleet transported a record number of containers
In the third quarter, the Viking cruise group's revenues grew by 11.4% percent.
Los Angeles
Increase of 14.3% of turnover generated by ocean cruises
Signed the final agreement on the contract of port workers
Rome
Italian Antitrust initiates an investigation into SAS (MSC group), Moby and Large Navi Fast
Rome
According to the AGCM, competition restrictions may have occurred as a result of the 49% acquisition of Moby's capital by SAS.
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
Brussels
Total greenhouse gases produced would be more than 30% higher than those considered by the FuelEU Maritime Regulation
DFDS and Ekol are rethinking and agreeing on the sale of the Turkish company's international network to the Danish group
Copenhagen / Istanbul
Revised the terms of the deal expired on the first November
Slight downturn in freight traffic in the port of Hamburg in the third quarter
Hamburg
Stable container traffic
The Companies inform
Accelleron initiates partnership with Geislinger to expand service business in the Mediterranean region
Cargotec agrees to the sale of MacGregor to funds managed by Triton
Helsinki
Sale of the value of 480 million that is expected to be completed by the first half of 2025
In the July-September quarter freight traffic in the port of Koper increased by 8.3%
Lubiana
In the first nine months of 2024, the increase was 3.2% percent.
Ok of Ukraine's antitrust enforcement at the entrance of MSC in the capital of HHLA terminalist company
Kiev
The company operates the CTO terminal of the port of Odessa
Inaugurated the new Peruvian port of Chancay operated by China's COSCO Shipping Ports
Lima
Has 1,500 linear metres of docks
More than doubling the value of new orders acquired by Fincantieri in the first nine months of 2024
Trieste
The sunshine committed for shipbuilding grew by +154,3 percent.
Established the Ship Recycling Alliance to speed up the recycling of safe and environmentally friendly ships
Copenhagen
The initiative in view of the entry into force on June 26 of the Hong Kong International Convention
Kuehne + Nagel will acquire 51% percent of the capital of American IMC Logistics
Schindellegi / Collierville
US company mainly operates drayage services
In the third quarter of this year, Hapag-Lloyd's revenues grew by 28.2%
In the third quarter of this year, Hapag-Lloyd's revenues grew by 28.2%
Hamburg
Increase of 3.8% of containers carried by the fleet. Average value of nils up 22.9%
In the third quarter freight traffic in the port of Genoa decreased by -4.9% percent while in Savona-I went up by 15.7% percent.
Genoa
Decided increase in transshipment containers determined by the Red Sea crisis. Down the cruises
In the third quarter, HMM revenues increased by 67% thanks to the 83% growth in the container segment
In the third quarter, HMM revenues increased by 67% thanks to the 83% growth in the container segment
Seoul
+116% increase in the value of the average nole per container transported
Evergreen's quarterly financial performance hike
Evergreen's quarterly financial performance hike
Taipei
Taiwanese company invests 186.8 million to buy new shipping containers
In the third quarter, container traffic at the Eurokai port terminals grew by 9.9% percent.
In the third quarter, container traffic at the Eurokai port terminals grew by 9.9% percent.
Hamburg
In Germany (Eurogate) the increase was 13.6% percent. In Italy (Contship Italy) of 6.8%). Slowing growth at Tanger Med. Damietta terminal will become operational in April
Danaos reports a new drop in quarterly revenue generated by fleet of container carriers
Athens
Coustas : With the Trump administration, which has promised new duties, a future reduction in container traffic is possible
In the first ten months of 2024, the traffic of goods in Russian ports decreased by -3.2%
St. Petersburg
The dry goods amounted to 370.8 million tonnes (-3.5%), those liquids at 372.2 million tonnes (-2.9%)
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
On the former Carbonyl of the Port of Genoa, the yards of the foranea dam and the subport tunnel
Genoa
The AdSP Management Committee deliberated it yesterday.
In Genoa, the Graduation Day of the Italian Academy of Mercantile
Genoa
Delivered 50 diplomas at the end of the biennial and three-year formative course
On November 27 in Rome, the public assembly of UNIPORT will be held
Rome
Meeting on the theme "Italian Ports, a network of businesses in the service of the country and of Europe"
Roberto Nappi, founder and director for 40 years of "Corriere Marittimo", has died.
Genoa
His career had begun at the writing of the Telegraph in 1958
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
The seamen of the Galaxy Leader have been hostage for a year
London / Hong Kong
Platten (ICS) : It is unacceptable ; humanity prevails and they are immediately released
MSC will implement a markup of noli for maritime transport from the Far East to the Mediterranean
Geneva
Increases of 25% and 18% for containers from 20 'and 40' direct in the western Mediterranean and Adriatic
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
Environmental authorization of the Region to dredging the quays from 19 to 26 of the port of Ancona
Ancona
The intervention will cost a total of 16.5 million euros.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
In the third quarter the container traffic handled by HHLA dropped by -2%
Hamburg
In Trieste the volumes processed by PLT Italy in the first nine months of 2024 have decreased
In October container traffic in the port of Hong Kong grew by 0.7%
Hong Kong
In the first ten months of 2024, a decline of -5.2%
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
Last month the port of Singapore handled 3.5 million containers (+ 8.1%)
Singapore
In the first ten months of 2024, growth was 6.2% percent.
MSC has completed the acquisition of the majority of logistics company MVN
Geneva / Milan
The Milanese business plans to close 2024 percent with a turnover of 100 million euros.
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
Port of Gioia Tauro, the memorandum of understanding for security in working environments and port operations
Joy Tauro
Will have a duration of three years
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
››› Meetings File
PRESS REVIEW
Sudan govt scraps $6bn Red Sea port deal with UAE
(The North Africa Post)
Argentina enfrenta tarifas portuarias hasta 500% más altas que otros países de la región
(Pescare)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
The meeting in Rome between the representatives of Italian ports and ports in Florida
Rome
Expect a comparison to find common themes on which to set up a benchmarking task
This year the Cruserists in the port of Ancona have grown by 18.9%
Ancona
25.1% increase in transits and drop by -5.1% of landings and embarkation
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
Ok to the 2025 forecast budget of the AdSP of the Tyrrhenian Sea Centre North
Cyvitavecchia
It presents a surplus of more than 2.5 million euros
In Palermo, the first sheet of the new ferry for the Sicilian region was cut off.
Trieste / Palermo
The delivery of the ship is scheduled for 2026
Global Ship Lease's quarterly revenue records show the first decrease since the end of 2018
Athens
The company believes that its container fleet has very good future prospects of employment
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
A worker has passed away in the port of Crotone
Joy Tauro
He would suddenly go down to the ground while talking to some colleagues
Torbianelli : well the ok of CIPESS in financing the future Molo VIII of the port of Trieste
Trieste
Of the estimated 315 million euros, 206.9 are expected by the state
The French state has acquired 80% percent of the capital of Alcatel Submarine Networks
Calais
The company has a fleet of seven posacavi vessels
Eurizon Capital (Intesa Sanpaolo Group) has acquired a majority stake in Germany-based
Milan
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