Wednesday, February 28, 2001 Maritime News

Molasses Ship Splits, Sinks

Feb 28, 2001

A ship carrying molasses from India to Amsterdam split in two and sank in high seas off Spain's northwest coast, drowning three crew members and leaving eight missing.

RINA confirms Kristal class status

Feb 28, 2001

Italian classification society RINA says the 31,351 dwt tanker Kristal, which sank about 68 miles North of La Corunna off northern Spain in heavy weather yesterday,

Moody's Rates Proposed Costa Notes

Feb 28, 2001

Moody's assigned an A2 rating to the proposed E300 million of senior notes issued by Costa Finance S.A. that are unconditionally guaranteed by Carnival Corporation.

Minoan Profits Fall 82 Percent

Feb 28, 2001

Greek ferry operator Minoan Lines said profit in 2000 fell 82 percent to 3.0 billion drachmas versus 16.8 billion in 1999. "The difference in the level of net profit

USCG Issues Upper Mississippi Safety Advisory

Feb 28, 2001

The U.S. Coast Guard has issued a safety advisory for a 24-mile stretch of the upper-Mississippi River near St. Louis due to high water conditions. From mile marker 160,

Mediterranean Shipping Co. Announces Appointments

Feb 28, 2001

Mediterranean Shipping Company (USA) Inc. (MSC) has announced the following staff promotions and appointments effective immediately: Francesco Pansardi was named Marketing Manager,

SpecTec, Wärtsilä join forces

Feb 28, 2001

SpecTec Group has signed an agreement with diesel engine company Wärtsilä whereby Wärtsilä will become a value-added distributor of SpecTec's AMOS software product range.

Hvide Marine To Be Renamed Seabulk International

Feb 28, 2001

Hvide Marine Inc. reported a net loss of $9.6 million for the fourth quarter ended December 31, 2000, on revenues of 80 million. In the year-earlier period, the company had a net loss of 197 million,

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