Wednesday, October 06, 1999 Maritime News

Shipowners Say Industry Is Being Choked By Legislation

Oct 06, 1999

International shipowners said the maritime industry is being choked by legislation and that they are unfairly targeted as the culprits for all ills in the sector.

Hyundai Heavy To Cut Debt Ratio

Oct 06, 1999

South Korea's Hyundai Heavy Industries Co. plans to cut its debt-to-equity ratio to 140 percent by the end of the year by selling shareholdings in its affiliates, according to company officials.

Minoan Shares Performance Rated

Oct 06, 1999

Schroders Securities said in a research report that it rates shares of Greek shipping company Minoan Lines perform in line with the market, although anticipated

Analysts Recommend Norwegian Offshore And Shipping Stocks

Oct 06, 1999

Norwegian offshore oil and shipping stocks are a good buy for investors who have time to wait to realize profits, according to analysts. Four out of six analysts

FastShip Selects Gear Corporation As Supplier

Oct 06, 1999

FastShip, Inc. has reached an agreement with Philadelphia Gear Corporation to supply sophisticated transmission equipment for the company's high-speed trans-Atlantic fleet.

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