Wednesday, October 25, 2000 Maritime News

Tanker Shortage To Squeeze Northeast's Oil Supply

Oct 25, 2000

A shortage of U.S. oil tankers will cut sharply into Northeast heating oil and gasoline supplies next month and will add to upward price pressure to refined products through the winter,

Mississippi Traffic Stalled

Oct 25, 2000

Barge traffic on the upper Mississippi River was slowed on Oct. 24 when a 600-foot section of the river was closed to remove 1,400 tons of rock that was dislodged from a barge, a river official said.

HK, U.K. Sign Double Taxation Legislation

Oct 25, 2000

Hong Kong signed an agreement with Britain to avoid double taxation on shipping, exempting owners of Hong Kong ships from paying tax levied on cargo taken up in Britain, and vice versa.

Divers Make First Hole In Kursk, Send Camera Inside

Oct 25, 2000

Divers trying to recover the remains of 118 sailors from the wreck of the Kursk submarine have cut the first man-sized hole in the vessel, a Russian navy spokesman said.

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