Caland Preliminary Profits Up 4.7%
Dutch shipbuilding and engineering group IHC Caland Nv reported that 1999 preliminary net profit rose 4.7 percent from the previous year, and officials said they…
Norway To Rule On Star Bid
Norway's Industry Ministry is likely to make a ruling before Feb. 4 regarding a bid by NCL's board to deny votes to Malaysia's Star Cruises. NCL, the target of a bid war between Star and U.S.
ACT Gets Loan For Hong Kong Terminal Construction
Asia Container Terminals Ltd. (ACT) has signed a $437 million project financing agreement backing the construction and development of Container Terminal 9 at Tsing Yi Island in Hong Kong…
Safmarine Adds Three Ships To Schedule
South African shipper Safmarine will add three more ships to its current schedule serving the Mediterranean and Africa on Feb. The new ships bring the number of…