Thursday, February 01, 2001 Maritime News

Piracy Plague: "Flourishing" Piracy Up 57%

Feb 01, 2001

Cutlasses have been traded in for AK47s and galleons for high-powered speedboats, but pirates are still thriving and, according to a report released on Thursday,

Shipping Company Privatization Draws Bidders

Feb 01, 2001

Latvia's privatization agency said on Thursday several potential bidders were interested in a 68 percent stake in Latvian Shipping. The deadline to submit such

Hanjin Shipping Sees $59.3M Loss

Feb 01, 2001

Hanjin Shipping said it saw a net loss of 74.5 billion won ($59.3 million) in 2000 against a 36.8 billion won net profit in 1999. A Hanjin official said the depreciation

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