Tuesday, January 23, 2001 Maritime News

BDI Sheds 7

Jan 23, 2001

The Baltic Dry Index (BDI) dipped seven points to 1,552, the Baltic Panamax Index (BPI) gained two points to 1,643, the Baltic Handymax Index (BHI) fell 44 points to 8,

Galapagos: Oil Transfer Hits Hitch

Jan 23, 2001

The transfer of the remaining oil from the wrecked oil tanker Jessica, which has spilt about 160,000 gallons of oil into the fragile ecosystem of the Galapagos Islands,

Russian Sunseed Exports To Drop

Jan 23, 2001

Russian sunseed exports may decline sharply in March as a result of export duty doubling, while shipments in January and February are likely to remain quite intensive

N. Sea Tanker Rates Slide

Jan 23, 2001

North Sea tanker trades have slid nearly 40 points to around W190 because last week's spree of fixing VLCCs transatlantic has left the North Sea virtually empty of oil, Reuters reported.

Kuwait Seizes Iraqi Vessel

Jan 23, 2001

Kuwait seized a vessel in its territorial waters for allegedly trying to smuggle 1,000 tons of crude oil out of Iraq in violation of United Nations sanctions, Reuters reported.

Finland Transport Strike Ends

Jan 23, 2001

A deal was reached overnight to end Finland's transport workers' strike, Finnish media reported on Tuesday, ending a brief one-day action which brought port traffic to a virtual standstill,

World Shipholding Ups Osprey Stake

Jan 23, 2001

World Shipholding Ltd has acquired another 0.11 percent of Osprey Maritime Ltd, bringing its total stake in the Singapore group to 73.74 percent, Reuters reported.

Keppel Fels Abandons Verolme Botlek Pursuit

Jan 23, 2001

Keppel Fels Energy & Infrastructure Ltd. said it has aborted its planned purchase of Dutch repair and conversion yard Verolme Botlek. Keppel Fels, the offshore rig-building division of Keppel Corp.

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