Monday, November 22, 1999 Maritime News

Keppel Philippines Appoints New Execs.

Nov 22, 1999

Keppel Corporation Ltd.'s Group Finance Director, Teo Soon Hoe has been appointed Chairman of Keppel Philippines Holdings, Inc (KPH), following the retirement of Loh Wing Siew.

Mexico Plans Huge Air, Rail And Sea Terminal

Nov 22, 1999

The Mexican state of Veracruz on the Gulf of Mexico is planning to build a massive air, rail and sea cargo terminal for international trade, according to state officials.

Floating Metropolis To Be Built In Honduras

Nov 22, 1999

A massive $8.5 billion luxury floating metropolis, the biggest boat in history, is reportedly set to be built in Honduras in January. Boat builder Freedom Ship Inc.

Eighteen Missing After Ferry Sinks

Nov 22, 1999

Eighteen people are missing after a ferry boat sank in the Nile River in northern Sudan. The boat reportedly sank on Nov. 19 while crossing the Nile in the town of Wadi Halfa,

Oil Prices a Nine-Year High As Iraq Suspends Exports

Nov 22, 1999

Oil prices rocketed to a new nine-year high on Nov. 22 after Iraq suspended oil exports under its humanitarian exchange program with the United Nations. London January Brent futures opened at $25.

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