Galapagos To Make Recovery
Ecuador's Galapagos islands should make a full recovery from the oil spill that tarnished its sandy shores, a sign of hope for the hundreds of unique species there…
World Shipholding Ups Osprey Stake
World Shipholding Ltd. acquired about 91.32 percent of the shares in Singapore's Osprey Maritime Ltd. as of the close of its cash offer on Monday. According to Singapore Exchange rules…
No Tankers At Ceyhan
Iraqi oil exports from the Mediterranean port of Ceyhan, Turkey, remained off line on Tuesday as three vessels slated to arrive at the weekend were still unseen, industry sources said.
Consilium Marine Expands
Consilium Marine recently enhanced its market strength through the acquisition of competitor Nittan Systems AB, and through the merger of Consilium Gun Clean and Danish TofteJorg.
Agreement Brings CP Ships Into Europe/Asia Trade
CP Ships has signed a slot charter agreement with CMA CGM that will enable it to enter the trade between Europe and Asia. The two-year agreement starts in March…
ExxonMobil Marine Fuels Expands Thames Region Desk
ExxonMobil Marine Fuels (EMMF), the world's largest supplier of marine fuels, has appointed Mark Hunter as marine sales manager on its Thames Region desk. Mark was…
SS&Y Index Falls
Shipbrokers Simpson, Spence and Young's Pacific Capesize Index fell 97 points to 4,549 in the week ending Monday, January 29, 2001. "The Chinese holidays added to weakness in the Pacific…
Is Cammell Laird In Trouble?
British shipmaker and repairer Cammell Laird has been struck a heavy blow by the termination of a key cruise ship contract, which it said on Monday would have a "significant impact" on year results.
Ferry Fire, Sinking Kills At Least 14
The Ukrainian coastguard found 14 corpses and 32 survivors marooned for two days in lifeboats and rafts in the Black Sea after a storm engulfed a small ferry. Five people were missing.
Hellenic Shipyards To Go On Block
Greece's development ministry appointed Alpha Finance to advise it on the planned sale of Hellenic Shipyards. Alpha Finance will undertake all activities on finding…
Maersk Logistics To Open New Offices
Maersk Logistics is to open six new offices in Central America, Mexico, and the Caribbean. With the opening of the new offices, Maersk Logistics has a total of eight offices in the region…
Galapagos’ Latest Natural Wonder … Jessica?
It seems that the stricken oil tanker that fouled Charles Darwin's Galapagos island paradise cannot be moved and is set to become an artificial reef, teeming with…
Freighter Freed
A Panamanian registered freighter carrying potash that ran aground between Germany and Denmark was freed by tugboats on Sunday and will go to a Danish port for checks, coast guard officials said.
Suez Deepening Proceeds
Work on deepening the Suez Canal to 62 feet (18.9 m) from 60 feet will be completed soon, a Suez Canal Authority official said. "Work on deepening the canal has come to an end…
New
NKK Corp. has developed an ax-shaped bow that allows a reported 20 to 30 percent reduction in ships' sea margin compared with conventional bows. The company will fit the new bow to a 172…
Detyens Shipyard Saves Christmas Cruise
Cunard's Seaborn Sun underwent an emergency dry-docking to repair internal damage to the port controllable pitch propeller. Detyens dissembled the blades and hub…
CCL, ABB Reach Settlement on Propulsion System
Carnival Corp. (CCL) and ABB Industry Oy, Marine Group, a unit of the ABB Process Industries, reached a settlement in December regarding a malfunction in the propeller…
U.S. Customs Service To Auction Drug Bust Ships
The U.S. Customs Service is preparing to auction M/V Suerte I, which was one of five large vessels seized in September 2000. The seizure occurred as part of Operation Journey…
Seacon Holdings Releases Preliminary Results
Seacon Holdings recorded a profit before taxation of £996,449 for the year ending September 30, 2000, compared to a profit before taxation of £3,284,681 reported the previous year…
Morocco, EU Resume Fish Talks
Morocco and the European Union have resumed protracted talks to renew a multi-million-dollar fishing agreement, government officials said. During the previous session in Rabat two weeks ago…
