25 Apr 2000
Transocean Sedco Forex Inc. Reports First Quarter 2000 Results
Transocean Sedco Forex Inc announced that net income for the three months ended March 31, 2000 was $32.5 million on revenues of $300.8 million. The results include a cash settlement of $25.1 million…
25 Apr 2000
COSCO Launches New Shipping Service
China Ocean Shipping Corporation (COSCO) Container Lines has launched a weekly shipping service from Shanghai to Japan and the U.S. east coast. Operated jointly by COSCO…
25 Apr 2000
Romanian Yard To Cut Losses Ahead Of Sell-off
State-run Romanian Black Sea shipyard Santierul Naval Constanta expects to cut losses this year and to upgrade facilities to make it more attractive ahead of its sell-off, an official said.
25 Apr 2000
EU Extends Shipping Consortia Competition Waver
The European Commission extended for five years a block exemption allowing shipping companies to form consortia covering the transport of cargo. The Commission said…
