Wednesday, November 29, 2000 Maritime News

Graykowski Joins Dyer Ellis & Joseph

Nov 29, 2000

Former Deputy Administrator of the U.S. Maritime Administration (MarAd) John E. Graykowski has joined the law firm of Dyer Ellis & Joseph as a shareholder. Since

Bulk Carrier In For Repair

Nov 29, 2000

The Maltese-flag bulk carrier Fortuna Europa arrived in Yokohama on November 27 for permanent repairs to damage sustained at Balboa in September, Reuters reported.

U.S. Stock Build Eases Oil Pricing

Nov 29, 2000

U.S. crude stocks last week rose for the fourth straight week though low import levels kept the increase below expectations, according to the American Petroleum Institute (API).

Taiwan Cuts Bunker Fuel Prices $10

Nov 29, 2000

Taiwan's Chinese Petroleum Corp. (CPC) has cut spot bunker fuel oil prices to $171 per ton from $181 effective from Tuesday. The posted prices were for spot 180

Pertamina To Stop Using Tanker For LSWR

Nov 29, 2000

Indonesian state oil company Pertamina will stop using the Platinum tanker as a storage platform for low sulfur waxy residual (LSWR) in December, Reuters reported.

Osprey Reports Strong Profits

Nov 29, 2000

Osprey Maritime Ltd., in the middle of being taken over by Norwegian shipping magnate John Fredriksen, reported a sharp earnings turnaround on Wednesday, suggesting

Carib Freight Rates Soar

Nov 29, 2000

Freight rates for Caribbean clean cargoes leapt to nearly W400 on Wednesday from W335 at the start of the week, brokers said. "There's a shortage of Boston-suitable tonnage,

EU To Ban Subsidies, Monitor S. Korea

Nov 29, 2000

The European Commission plans to bar state aid to European shipyards from the year-end, but could reinstate it within months if South Korea fails to halt alleged unfair help to its shipbuilders,

Greek Ferry Exec Plunges To His Death

Nov 29, 2000

A senior executive at the shipping company which owned a Greek ferry that sank in September killing 80 people, plunged to his death from the sixth floor of his office building on Wednesday,

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