Monday, December 13, 1999 Maritime News

Finland Record Trade Surplus Boosted By Shipsales

Dec 13, 1999

Finland posted a record monthly trade surplus for October, boosted by a major deal by one of its shipyards and accelerating economic recovery. The customs board's

NCL Holds Talks With Hostile Bidder Carnival

Dec 13, 1999

NCL Holding ASA officials reported that the company has had held talks with Carnival Corp., which launched a hostile takeover bid for the company. NCL officials

Maersk Cements Position As Leading Container Line With Takeover

Dec 13, 1999

A.P. Moeller's container line Maersk completed its $800 million takeover of U.S. CSX Corp.'s SeaLand container line, Moeller officials said. The acquisition cemented

Hyundai Heavy Gets $300M Order

Dec 13, 1999

Hyundai Heavy Industries Co. won a $300 million order for five container ships from Japanese ship operator Kawasaki Kisen (K-Line). Hyundai Heavy officials said the container ships will be 5,

Bangladesh Ferry Disaster Claims At Least 63 Lives

Dec 13, 1999

A ferry disaster on Bangladesh's southern Meghna river claimed at least 63 lives and scores more were missing, officials said. The M.L. Falguni capsized and sank on Dec.

Visma, Arena To Offer E-Commerce Software To Shippers

Dec 13, 1999

Norwegian software supplier Visma ASA signed an agreement of intent with Hong Kong-based Arena to deliver e-commerce solutions to the shipping industry. Arena,

Broken-Up Tanker Sinks Off Brittany

Dec 13, 1999

The broken-up Maltese-registered tanker Erika, carrying up to 25,000 tons of fuel oil, sank in stormy Atlantic seas off northwestern France on Dec. 3, according to the Cross Maritime Rescue Center.

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