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Jun 29, 2001
Sentiment on the Atlantic panamax market turned weaker albeit with unchanged freight rates, while most Pacific rates now appeared to be flattening out, shipbrokers said on Thursday.
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Jun 29, 2001
Neptune Orient Lines (NOL) said on Friday its unit American Eagle Tankers had decided to withdraw its initial public offering due to market weakness.
American Eagle,
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Jun 29, 2001
A French-registered bulk carrier carrying a load of grain from Geelong to Taiwan ran aground in Melbourne's Port Philip Bay on Thursday night, an Australian maritime authority said on Friday.
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Jun 28, 2001
When the season's first cruise ship docked this spring, it was met by more than the usual welcoming celebration. Protestors greeted the 2,020-passenger Norwegian
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Jun 28, 2001
Shares in Adsteam Marine Ltd fell 15 percent on Thursday after it forecast growth in earnings in the year to end-June 2001, but said activity levels in some Australian ports were down in May and June.
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Jun 28, 2001
Asian countries need to join forces to combat the piracy that makes the region's sea lanes the most dangerous in the world. Pirate booty these days include cargoes
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Jun 28, 2001
Taiwan's Yang Ming Marine Transport Corp., the island's largest shipping firm in terms of revenues, said on Thursday it made sales of T$3.75 billion in May, down 1.
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Jun 28, 2001
The number of accidents at sea is rising because fishermen and merchant shippers put profit above safety, a report by the British marine accident investigation branch said.
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Jun 28, 2001
Kvaerner ASA won a $27 million contract from Statoil to upgrade its Norwegian offshore installations.
Kvaerner's contract for work on Statoil's Sleipner Vest field
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Jun 28, 2001
The European Union passed legislation to ban all single-hull oil tankers from its waters by 2015, in line with an international agreement to phase-out the ships, considered an environmental hazard.
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Jun 28, 2001
Lloyd's Register (LR) released the results of its extensive research into the LNG market. Talking at the LNG conference The role of LNG in North American and Caribbean gas supply in Washington D.
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Jun 27, 2001
A luxury liner called "The European Vision" which will act as a floating hotel for leaders of the world's top industrialized nations next month docked in Genoa on Wednesday.
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Jun 27, 2001
Freight rates in the Atlantic Panamax sector held steady on Wednesday amid signs that recent rises may be stalling, brokers said. "The Atlantic is holding up well,
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Jun 27, 2001
Dutch construction firms Hollandsche Beton Groep (HBG) and Ballast Nedam signed a contract to merge their dredging operations. The joint operation, Ballast HAM Dredging,
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Jun 27, 2001
A complex anti-piracy operation involving the resources of three nations ended on Wednesday as Indonesian naval forces stormed the Singaporean tanker Selayang to
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Jun 27, 2001
Cammell Laird Plc has axed another 146 jobs in the U.K., but a proposed management buyout of one of its yards held out the prospect on Wednesday of saving hundreds more.
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Jun 27, 2001
The Hong Kong-flag bulker Dyna Gemini was blocking shipping at Sepetiba, Brazil, after running aground in the middle of the access/exit channel, Reuters reported.
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Jun 27, 2001
Last week the Stolt-Nielsen Transportation Group (SNTG) opened a new office in the Rotterdam port area. Some time ago SNTG announced the concentration of its European activities in Rotterdam.
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Jun 27, 2001
NedCargo, the European platform for container transport, opens an office in St. Petersburg. The company signals a rising volume on Russia and in general considers the Russian market as promising.
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Jun 27, 2001
Pierre Marie Valentin, Chairman and Chief Executive Officer of Coflexip announced that the management structure of the CSO Group has been changed to reinforce its
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