Monday, December 06, 1999 Maritime News

Totem Enters Into Agreement With NASSCO

Dec 06, 1999

Totem Ocean Trailer Express (TOTE) of Anchorage, Alaska, has come to an agreement with National Steel and Shipbuilding Company (NASSCO) for the construction of two RoRo vessels for its Alaska service.

Spain Named Partner Country of SMM 2000

Dec 06, 1999

Spain has been named partner country of SMM 2000, the Shipbuilding, Machinery & Marine Technology International Trade Fair. More than 1,100 exhibitors from 40

Atlantic Marine To Build SWATH Vessel

Dec 06, 1999

Atlantic Marine, Jacksonville, Fla., has been chosen by Lockheed Martin Launching System to construct a SWATH Oceanographic Research Vessel as part of the Navy's scientific fleet.

SS&Y Capesize Indices Rise

Dec 06, 1999

SS&Y Capesize Indices Rise SS&Y Atlantic Capesize Index Rises 53 Points Shipbrokers Simpson, Spence and Young's Atlantic Capesize Index rose 53 points to 4,420 in the week ending Nov.

U.S. Offshore Rig Count Hits 17-Month High

Dec 06, 1999

The U.S. Gulf of Mexico rig count stands at 150 this week, its highest level since July of 1998. According to Offshore Data Services' weekly mobile offshore rig count,

Jurong Lays Off Nearly 250 Workers

Dec 06, 1999

Jurong Shipyard, part of SembCorp Industries Ltd., cut 249 jobs last week as part of the group's shipyard restructuring efforts. "Where practicable, attempts were

Spanish Police Clash With Protesting Workers

Dec 06, 1999

About 30 people were injured last Tuesday when Spanish police used rubber bullets and smoke grenades to disperse protesting shipworkers in the southern city of Seville, authorities said.

Avondale Workers Unionize

Dec 06, 1999

An arbitrator certified union representation for 4,100 workers at Litton Industries Inc.'s Avondale shipyard in New Orleans. labor sources said. Avondale workers

Attica Maintains Leading Share In Adriatic

Dec 06, 1999

Ferry operator Attica Enterprises is maintaining its leading market share in the passenger and truck traffic in the sea routes from all ports of Greece to Italy.

China Finds More Bodies From Ferry Disaster

Dec 06, 1999

As divers pulled more bodies from the sunken wreckage of a car and passenger ferry last week, officials vowed to recover all of the 280 victims of China's worst ferry disaster in recent years,

Minoan Lines Expects 58% Profit Increase In 1999

Dec 06, 1999

Minoan Lines expects its group 1999 profit to grow 58 percent to $49.4 million. Company officials said that revenues from its Greece to Italy routes in the first 10 months of the year were up 15.

Ferry Designer Says Catamarans Are Safe

Dec 06, 1999

The designer of Sleipner, the high-speed ferry that hit rocks and sank off Norway, said that the accident was a freak and insisted that the ultra-modern catamarans were safe.

Official Says Downed Ferry Licensed Only For Calm Seas

Dec 06, 1999

The head of Norway's maritime directorate said a high-speed ferry that went down in rough seas was licensed to sail only in relatively calm waters. The ultra-modern

Hutchison Whampoa Says It Will Not Control Canal

Dec 06, 1999

Hong Kong tycoon Li Ka-shing dismissed suggestions that his company Hutchison Whampoa Ltd. would control the Panama Canal when it begins operating container ports

Canada May Aid Boat People Who Turn In Traffickers

Dec 06, 1999

Canada may offer landed immigrant status to boat people who agree to testify against the "human trafficking" rings that brought them illegally to the country's shores,

Dangerous Seas Ahead If Indonesia Breaks Up

Dec 06, 1999

Pirates and marauders will rule what are now Indonesia's territorial waters if the country disintegrates, increasing security risks to the whole region, Jakarta's

Y2K-Related Delays Grip South African Port

Dec 06, 1999

Vessel and container handling delays spurred by fears over Y2K bug glitches are still hobbling operations at South Africa's Durban port, a senior shipping official said.

Taiwan Tanker Spill Minimal, Says Operator

Dec 06, 1999

The Greek operator of the Panamanian-registered oil tanker Devon confirmed that the ship had leaked oil off the southern Taiwanese port of Kaohsiung, but said only a small amount was spilled.

Siem Buys Option For NCL Shares

Dec 06, 1999

Siem Industries Inc. subsidiary Siem Leisure Industries Inc. acquired an option to purchase one million shares in cruise operator NCL Holding ASA. Siem said the

LUKoil Tankers Shows Interest In Latvian Shipping

Dec 06, 1999

Latvia's Privatization Agency said Russian LUKoil Tankers have shown active interest in the sell-off of a 44 percent stake in Latvian Shipping. "We have had the

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