Thursday, April 12, 2001 Maritime News

Human Smuggling Operation Uncovered on West Coast

Apr 12, 2001

There may be links between the case of 36 illegal Chinese immigrants found on a container ship here on Tuesday and a similar human smuggling operation uncovered last week in Long Beach,

Korean Ship Feared Sunk Off Japan

Apr 12, 2001

Rescue officials found a body during a search for a Korean ship missing off southwestern Japan, raising fears the cargo vessel foundered in heavy seas with 28 crew on board, Japan's coast guard said.

DFDS Tor Lines Considers LISCO Buyout

Apr 12, 2001

Danish DFDS Tor Lines is committed to considering a minority share buyout as part of the privatization of Lithuanian shipper LISCO, but did not specify a price.

Single Hull Tanker Ban Could Send Freight Rates Soaring

Apr 12, 2001

When OPA 90 was introduced in wake of the Valdez accident, the stipulation that tankers trading in the U.S. must be double hulled was roundly panned throughout the world,

Dry Bulk Index Up Slightly

Apr 12, 2001

The Baltic Dry Index (BDI) rose one point to 1,429, the Baltic Panamax Index (BPI) gained three points to 1,560 and the Baltic Handymax Index (BHI) firmed 35 points to 9,

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