Number of People Hurt In Ferry Mishap Rises To 40
The number of passengers injured when a P&O channel ferry rammed a dock in Calais has risen to 40, French emergency services said. Three people were seriously injured…
Relations Still Chilly At NY/NJ Port Authority
It may be the end of April, but there was no spring thaw at Thursday's board meeting of the Port Authority of New York and New Jersey. Port Authority commissioners…
Hyundai To Build Two For NOL
Neptune Orient Lines subsidiary American Eagle Tankers Inc. has contracted Hyundai Heavy Industries to build two new VLCCs. No financial details were given. The two double-hulled vessels…
Tanker Rates Plateau After 90% Surge
Middle East tanker charter rates, up more than 90 percent since the start of the year, appear to have reached a plateau, shippers said. Worldscale rates for chartering…
Russia To Renovate Icebreaker Fleet
Russia will renovate its entire fleet of five nuclear-powered icebreakers plying the vital northern shipping route by 2003 by extending the lifespan of their nuclear reactors…