NOL Profits Are Up Sharply
Shipping and logistics group Neptune Orient Lines (NOL) reported sharply higher interim net profit that met market expectations, helped by higher freight rates and lower interest expenses.
Boats Head Home After Erika Clean Up Closes Down
Ships sent to pump out oil trapped in the holds of the wrecked tanker Erika, which sank off France's northwest coast last December, have completed their task, French oil giant TotalFinaElf said.
Maritime Applied Physics Awarded Concept Design Contract
Maritime Applied Physics Corporation has been awarded a U.S. Navy contract for a concept design study of a 2,200-ton prototype minesweeper. The contract is under…
Carnival Corp. Net Income Drops
Carnival Corporation reported net income of $396.2 million ($0.67 Diluted EPS) on revenues of $1.23 billion for its third quarter ended August 31, 2000, compared…