Wednesday, April 12, 2000 Maritime News

P&O To Pull Hong Kong Listing

Apr 12, 2000

Peninsular and Oriental Steam Navigation Co. decided to withdraw the secondary listing of its deferred stock from the Stock Exchange of Hong Kong at the close of May 8.

Norne Feels Stays Shut Longer Than Expected

Apr 12, 2000

Statoil said that scheduled maintenance closure at the North Sea Norne oilfield would run a few days longer than expected. Norne, which shut down for one week on April 4,

BDI Down Slightly

Apr 12, 2000

The Baltic Dry Index (BDI) was down 3 points on Wednesday to 1,681, Panamax up 3 to 1,516, Capesize down 15 to 2,354 and the Handy up 3 to 1,184 points. Softer

Leif Hoegh Profits Expected To Rise

Apr 12, 2000

Norwegian shipping group Leif Hoegh & Co. last Wednesday forecast continued gains in operating profits in 2000 after a leap in the first quarter. Operating profits rose to $16.

$475M Ferry Deal Eagerly Awaited

Apr 12, 2000

British Prime Minister Tony Blair said his government will take the needs of domestic shipbuilders into account when it awards a $475.1 million contract for naval ferries.

Tampa Bay Shipbuilding Elects New President

Apr 12, 2000

Tampa Bay Shipbuilding & Repair Company announced the appointment of Mr. Walter J. Hartley Jr. (Joe) to the position of President and CEO. A native of Jacksonville, Fla.

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