29 Jun 2001
Atlantic Panamax Rates Take A Step Back
Sentiment on the Atlantic panamax market turned weaker albeit with unchanged freight rates, while most Pacific rates now appeared to be flattening out, shipbrokers said on Thursday.
29 Jun 2001
Neptune's American Eagle IPO Is A No-Go
Neptune Orient Lines (NOL) said on Friday its unit American Eagle Tankers had decided to withdraw its initial public offering due to market weakness. American Eagle…
29 Jun 2001
French Bulk Carrier Runs Aground in Australia
A French-registered bulk carrier carrying a load of grain from Geelong to Taiwan ran aground in Melbourne's Port Philip Bay on Thursday night, an Australian maritime authority said on Friday.