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May 17, 2000
India's federal cabinet has approved state-run Shipping Corporation of India's proposal to acquire four Aframax tankers of 110,000 DWT each. The cabinet approval
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May 17, 2000
The first in a new fleet of Russian icebreaker oil tankers being built in St. Petersburg is reported to have successfully completed Arctic trials. Dmitry Yakovenko,
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May 17, 2000
ConAgra Inc., the second largest U.S. food manufacturer, said last week it agreed to sell American Commercial Lines LLC (ACL) its large U.S. inland barge fleet and operations.
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May 17, 2000
The European Commission said on Tuesday it had fined 15 liner shipping companies a total of just under $6.3 million for agreeing not to offer discounts from their published tariffs.
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May 17, 2000
Leading Japanese steel maker NKK Corp. and major heavy machinery and engineering firm Hitachi Zosen Corp. will consolidate their shipbuilding operations.
The move,
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May 17, 2000
UK shipbuilder Vosper Thornycroft Holdings Plc, reporting a three percent rise in annual profits, said it would soon have an order book in excess $1.5 billion.
Pre-tax
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