Monday, March 19, 2001 Maritime News

Oil Tanker Stranded Off Bermuda

Mar 19, 2001

A Texas-bound tanker carrying 300,000 tons of crude oil has become stranded off the coast of Bermuda after an explosion on Sunday evening, the Rescue Coordination Center (RCC) said on Monday.

Search Continues For Survivors Of Double Caribbean Tragedy

Mar 19, 2001

Hopes were fading on Saturday of finding more survivors among about 50 people missing and feared dead after two boats carrying illegal migrants, most of them from the Dominican Republic,

After Four-Day Closure, Russian Port Re-Opens

Mar 19, 2001

The Russian oil port of Novorossiisk re-opened early on Monday after a nearly four-day closure, industry sources said. Officials said the port, which shut down at 1 p.

SembCorp To Sell Marine Segment

Mar 19, 2001

SembCorp Logistics said on Monday it agreed to sell its marine business to PSA Marine, a unit of Singapore port operator PSA Corp, for S$207.5 million ($117 million).

Cruise Powerhouse Carnival Corp. Commences Intermediate Ratings

Mar 19, 2001

Merrill Lynch said on Monday it had started coverage of Carnival Corp., the world's largest cruise line operator, with "intermediate" and "long term accumulate" ratings.

Despite Salvage Efforts, Offshore Rig Continues To Plummet

Mar 19, 2001

The world's largest offshore oil rig resumed sinking as rough seas impeded efforts to salvage it four days after blasts ripped through the structure, killing 10, the Brazilian owners said on Monday.

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