French Ferry Holed
A French ferry was badly holed in France's Channel harbor of Calais after being hurled onto the jetty by high winds, owners Sea-France said. No-one was injured on…
EU Welcomes Tanker Rules Tightening
European Union transport ministers welcomed proposals to tighten safety rules for oil tankers in the wake of the disastrous Erika oil spill off France's Atlantic coast last year.
St. Lawrence Seaway Opens
The St. Lawrence Seaway has reopened with the first ship of the 2000 season passing through this week, the St. Lawrence Seaway Management Corp. said. "We're up and running…
Latvian Privatization Saga Continues
Stymied in its efforts to extract what it deems a reasonable market value, the Latvian government will decide on April 4 whether to proceed with the privatization…
OPEC Raises Output
OPEC has seemingly bowed to U.S. pressure for cheaper oil by agreeing to higher output limits, immediately agreeing to turn up the taps by 1.45 million barrels daily, or seven percent.
Finnlines Shares Plunge On Profit Warning
Shares in Finnish shipping company Finnlines plunged on Wednesday after it said 2000 profit would be worse than expected due to tough competition, higher oil prices and strikes hindering business.
