Tuesday, August 10, 1999 Maritime News

IEA Warns Of Big Oil Supply Deficit Next Year

Aug 10, 1999

OPEC oil producers next year can look forward to accelerating world petroleum demand growth and only marginal extra supply from non-OPEC competitors, according to the International Energy Agency.

Daewoo To Spin Off Two Divisions

Aug 10, 1999

Daewoo Group reportedly plans to spin off Daewoo Electronics and the shipbuilding division of Daewoo Heavy Industries prior to their sale.

Attica’s Two New Ferries Expected In H1 2000

Aug 10, 1999

Two of Attica Enterprises’ six Superfast ferries under construction will reportedly join its existing four Superfast vessels by mid-2000.

Britain’s Cenargo To Buy Norse Irish Ferries

Aug 10, 1999

Cenargo International Plc has reportedly made an offer to buy Ireland-based ferry operator Norse Irish Ferries Ltd.

Egypt Signs Contract To Set Up A Container Station

Aug 10, 1999

The Egyptian Marine Transportation Sector and Suez Canal Company reportedly signed a contract to establish a container station in East Port Said harbor.

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