Wednesday, May 10, 2000 Maritime News

Dry Freight Markets Steady

May 10, 2000

Conditions on the dry cargo freight market were generally steadier for Capesizes on Wednesday, with the Baltic Cape Index posted at an unchanged 2,171, brokers said.

Tanker Hired To Evacuate Refinery Diesel

May 10, 2000

Indian Oil Corp. (IOC) hired a 106,000 DWT tanker on a month's charter to evacuate diesel from Reliance Petroleum Ltd's (RPL) refinery to India's east coast. "Liberian

Wounded Ship Heads For Canada

May 10, 2000

Quebec City, Canada: The Hong Kong-flagged bulker Aptmariner was sailing to Quebec City, Canada, for repairs to damage caused by its grounding in St. Mary's river on May 5, Reuters reported.

Bulk Carrier Runs Aground

May 10, 2000

Mozambique: The Cyprus-registered bulk carrier Artemis SB, fully loaded with granite, ran aground at Beira port, Mozambique, on Sunday, May 7, Reuters reported.

OPEC Output To Stay Steady

May 10, 2000

OPEC President and Venezuelan Energy Minister Ali Rodriguez dismissed another increase in crude oil output in July, quelling speculation that a recent price spike

Nedlloyd Posts Loss

May 10, 2000

Dutch shipping firm Koninklijke Nedlloyd Groep NV posted a first-quarter net loss of 17 million euros, but said it expected full-year results from ordinary activities to be "clearly positive.

Harland & Wolff Rescued

May 10, 2000

Harland & Wolff's (H&W) existence was extended last week as it won a 300 million pound ($458 million) contract to build four passenger ferries. The order from Bahamas-based

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