Monday, May 22, 2000 Maritime News

Star To Raise Funds Via Shares Issue

May 22, 2000

Malaysia's Star Cruises said it was seeking to issue 200 million new shares to finance its acquisition of the Norwegian shipping group NCL Holding ASA. The issue of new shares,

Taiwan To Evaluate China Trade Policy

May 22, 2000

Taiwan President Chen Shui-bian said his administration will review a decades-old ban on direct trade, transport and postal links with mainland China, saying the policy was "outdated,

Unocal GOM Field Proceeding Quickly

May 22, 2000

Unocal Corp. said development work is going faster than expected on the Muni field in the Gulf of Mexico where appraisal drilling found additional secondary natural gas pay zones.

Romanian CG Fires On Fishing Vessel

May 22, 2000

Romanian coastguard vessels opened fire on a Turkish boat fishing illegally in Romanian waters when it tried to ram them, Reuters reported. The private television

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