Suez Canal Sees $60M Turnover Increase In 1999
The Suez Canal Authority (SCA) reportedly achieved an increase in turnover of $60 million in 1999 to a total of $1.8 billion, due mainly to toll discounts for long-distance ships.
French Still Battling Oil Slick
A new wave of heavy fuel oil from a sunken tanker washed onto France's storm-battered western coast on Sunday, this time hitting the shores of Ile de Re, a jagged…
World Energy Flows Freely After 2000 Changeover
From Australia to Alaska, world energy producers carried on as usual on Jan. 1, with strategic oil and gas flows uninterrupted by the much-feared Y2K bug. Oil-consuming…
Carnival Exercises Option For Third 84,000-Ton Cruise Ship
Carnival Cruise Lines has exercised an option with Kvaerner Masa Yards of Helsinki, Finland, for the construction of a new 84,000- ton ship expected to be delivered in 2002.