Wednesday, December 13, 2000 Maritime News

ABP Expects Good Results

Dec 13, 2000

Associated British Ports Holdings Plc expects full-year pre-tax profit to be at the upper end of market expectations on turnover growth of at least eight percent

Cold Weather Sparks Higher Oil Prices

Dec 13, 2000

Oil prices rose on Wednesday after fresh industry data showed cold weather had eaten into heating oil inventories in the United States. The stocks figures rekindled

Chile, U.S. Reach Salmon Accord

Dec 13, 2000

Chile, the world's No. 2 salmon exporter, hailed a U.S. Department of Commerce decision to eliminate anti-dumping duties on Chilean salmon from six local companies.

CP Ships, FastShip Announce Agreement

Dec 13, 2000

CP Ships has signed an agreement with FastShip to assume commercial and marketing management for FastShip's TransAtlantic services. London-based CP Ships is the

Navy Names Fourth Virginia Class Sub

Dec 13, 2000

Secretary of the Navy Richard Danzig announced his decision today to name the fourth submarine of the VIRGINIA Class for the state of North Carolina. "More than half a century has elapsed since a U.

Moody's Downgrades MC Shipping

Dec 13, 2000

Moody's Investors Service downgraded the senior unsecured rating for bonds issued by MC Shipping Inc to Caa3 from B3. The downgrade reflects the company's deteriorating unencumbered asset base,

Investigators Cite

Dec 13, 2000

Investigators said a bizarre combination of factors, including possible human error, had sunk an Italian chemicals tanker off France on October 31. The 7,300-ton Ievoli Sun,

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