Friday, September 22, 2000 Maritime News

NOL Profits Are Up Sharply

Sep 22, 2000

Shipping and logistics group Neptune Orient Lines (NOL) reported sharply higher interim net profit that met market expectations, helped by higher freight rates and lower interest expenses.

Boats Head Home After Erika Clean Up Closes Down

Sep 22, 2000

Ships sent to pump out oil trapped in the holds of the wrecked tanker Erika, which sank off France's northwest coast last December, have completed their task, French oil giant TotalFinaElf said.

Maritime Applied Physics Awarded Concept Design Contract

Sep 22, 2000

Maritime Applied Physics Corporation has been awarded a U.S. Navy contract for a concept design study of a 2,200-ton prototype minesweeper. The contract is under

Carnival Corp. Net Income Drops

Sep 22, 2000

Carnival Corporation reported net income of $396.2 million ($0.67 Diluted EPS) on revenues of $1.23 billion for its third quarter ended August 31, 2000, compared to net income of $415.

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