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Feb 25, 2000
The 10 percent of Finland's workers who still have no pay deal for this year are digging in their heels in preparation for strikes, which could have serious effects on the Finnish economy.
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Feb 25, 2000
Indian shipping companies can now charter out their vessels to foreign companies without prior government approval, a Surface Transport ministry official said. He said the Department of Shipping has,
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Feb 25, 2000
Bulgaria opened a new tender for an 80 percent stake in the state-owned shipyard in the second biggest Black Sea port of Bourgas and set a March 15 deadline for bids.
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Feb 25, 2000
Dutch shipping and tank storage firm Vopak NV reported that its ordinary net profit fell by 5.3 percent in 1999, but said it expected improvements this year. Net
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Feb 25, 2000
Capesize rates firmed again worldwide, but brokers said charterers were increasingly conducting business under the counter. Panamax rates were also firmer east
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Feb 25, 2000
Tanker markets continued strong at the end of last week with talk of new French oil company age restrictions on acceptances said likely to put further pressure on rates.
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Feb 25, 2000
Electronic communication is not totally secure despite a seemingly bug-free transition into 2000, warns The International Transport Intermediaries Club (ITIC).
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Feb 25, 2000
In a notice of proposed rulemaking (NPRM), the USCG proposes to clarify and codify a policy it issued in April 1999 regarding phase-out dates for single hull tank vessels.
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Feb 25, 2000
The Maritime Cabotage Task Force (MCTF) and the National Industrial Transportation (NIT) League have reached agreement on the establishment of a joint working group
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Feb 25, 2000
Baker Hughes Inc. has completed its review of the accounting issues previously identified at its INTEQ division and will restate prior period results by $31 million
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Feb 25, 2000
Ocean Group Plc has agreed to merge with rival NFC Plc to form a $4.4 billion logistics group with the world's second highest revenues. To be known as Exel Plc,
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Feb 25, 2000
Shipping container trade from Europe to Asia grew by 20 percent in 1999, but only by five percent for trade the other way, a senior shipping executive said. Tom Boardley,
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Feb 25, 2000
Norwegian offshore services group Aker Maritime forecast a considerable rise in profits in 2000 after weak oil markets depressed earnings in 1999. "The low level
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Feb 25, 2000
Sumitomo Marine & Fire Insurance and Mitsui Marine & Fire Insurance have agreed to merge by April 1, 2002, in a move that would create Japan's largest non-life insurer.
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Feb 25, 2000
Iraqi Oil Minister Amir Muhammed Rasheed said that oil prices were not too high and accused the United States of overreacting to the rally. Rasheed also said that
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Feb 25, 2000
The world's fleet of chemical tankers has risen by 25 percent over the last four years, leading to a tonnage glut and the specter of reduced revenues for shipowners, an industry report said.
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Feb 25, 2000
The Governing Board of the International Energy Agency last week discussed the current restraints on world oil supply, the significant decline in oil stocks worldwide and the sharp rise in oil prices.
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Feb 25, 2000
A British firm is offering shipping companies the services of up to 300 ex-British Army Gurkhas to combat piracy, particularly in Asia.
Anglo Marine Overseas Services Ltd.
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Feb 25, 2000
After a decade that saw the size of Alaska cruise ship crowds triple and pollution from the massive vessels foul area waterways, state officials are moving to
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Feb 25, 2000
Washburn & Doughty Shipyard of East Boothbay, Maine is preparing to launch Tracy Moran, the fourth in a series of six Z-Drive Tugs under construction for the Moran Towing Corporation of Greenwich,
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