New Shipowning Venture on the Internet
The beginning of what is being touted as one day being the Greatest Shipowning Venture on Earth was launched at midnight last night. With the marriage of Shipping with the IT-age through the Internet…
Litton Awarded $105.5M Contract
Litton's Ingalls Shipbuilding won the U.S. Navy contract modification valued at $105.5 million for initial funding of the ongoing repair and restoration of the Aegis…
First USCG Approved ECDIS Training Couse
The first United States Coast Guard approved ECDIS training course will be offered at Pacific Northwest Maritime Institute as of Monday, February 26, 2001 at the…
Sub Disaster: Civilians Deny Responsibility
Two of the civilians aboard a U.S. submarine that collided with a Japanese trawler -- one of whom pulled levers to surface the sub -- denied that they distracted…
S&P Cautions On CP Ship After The Split
Standard & Poor's placed its triple-'B'-corporate credit rating on CP Ships Holdings Inc. and its triple-'B'-minus corporate credit and senior unsecured debt ratings…
HSBC Recommends Exel
HSBC upgraded its recommendation on British logistics group Exel Plc to "add" from "hold" with a target price of 1,028 pence. "With uncertainty over the global GDP growth outlook…
Cheap Seats Hurt Princess Cruises
Cheaper tickets for Caribbean cruises filled the decks but hit the finances of P&O Princess Cruises Plc last year when profits fell 11 percent. Most of the damage was reported in the fourth quarter…
Spellar’s Reply To Rosyth “Firing” Plans … Rubbish
Leaders of Britain's defense unions claim to have uncovered secret plans to axe over 1,400 jobs at Scotland's Rosyth naval base as part of a wider Ministry of Defense shake-up of navy repair services.
