Ports Push For Fed Funding For Deep Draft Navigation
U.S. public ports testified Wednesday, November 03, 1999, at a hearing before the House Transportation and Infrastructure Subcommittee on Water Resources and Environmentā¦
Timecharter Fixtures
Iolcos Grace - (built 1990) 71,749 dwt del Dalian prompt 4-6 months trading $9,000 daily Chinese charterers. North Countess - (built 1986) 70,280 dwt del Kinuura Nov 305 months trading $8ā¦
Baltic Panamax Index Down
The Baltic Panamax Index was down 3 to 1,253 points last Wednesday, the Capesize down 16 to 1,739, the Handy Index down 4 at 954 and the Dry Index down 7 to 1,313 points.
Fleet of 14 Ferries Sold
New World Development Co has agreed to buy a fleet of 14 ferry vessels, a depot and ancillary assets from Hong Kong Ferry (Holdings) for HK$155 million. The purchaseā¦
New Gas Shipping Firm Formed
Bergesen d.y. Group ASA plans to set up with A.P. Moeller a new gas shipping firm, Skandigas Ltd. Skandigas will specialize in semi-cooled gas ships of between 8ā¦
OPEC Compliance Slips
OPEC compliance with supply curbs appears to have fallen in October but from a level revised higher for September, according to a leading consultant. Preliminaryā¦
Iran Charters 550,000 ULCC
Iran has chartered a 555,000 dwt ULCC for floating oil storage to replace two VLCCs, tanker brokers said. The 1979-built Sea Giant is scheduled to be delivered inā¦
Inmarsat To Concentrate On High Bandwidth Multimedia Services
As per the company's Board of Directors, Inmarsat has decided, after a comprehensive detailed analysis, that it will not be proceeding any further with direct investmentā¦
Moore Stephens Warns Of Internet's Risk
Moore Stephens has alerted the shipping industry to be wary of the Internet. Per the most recent edition of its in-house newsletter, Bottom Line, the company informsā¦
Friede Goldman and Halter Complete Merger
Friede Goldman International, Inc. and Halter Marine Group Inc. have announced the two companies have completed their previously announced merger and the name ofā¦
