Monday, June 11, 2001 Maritime News

Houston Ship Channel Reopened

Jun 11, 2001

The U.S. Coast Guard reopened the Houston Ship Channel on a limited basis Monday, after the primary transport route in and out of the city's large oil refining

Iorizzo Named President of Northrop Grumman Group

Jun 11, 2001

Northrop Grumman Corp. named Robert Iorizzo as president of the Electronic Sensors and Systems Sector group, the company's largest business. Iorizzo replaces James Roche, who was confirmed by the U.

Hornbeck-Leevac Expands Tug and Barge Fleet in Northeast U.S.

Jun 11, 2001

Hornbeck-Leevac Marine Services has acquired the Spentonbush/Red Star Group marine transportation fleet for $28 million, and has entered into a strategic alliance with Amerada Hess Corp.

Suez Canal Receipts Down $159M

Jun 11, 2001

Egypt's Suez Canal receipts fell to $159 million in April from $162.2 million in March and $162.1 million in April last year, the Cabinet Information and Decision Support Center (IDSC) said.

Hyundai Merchant Stock Rises

Jun 11, 2001

The stock price of Hyundai Merchant Marine, which runs a ferry tour to North Korea's Mt. Kumkang resort, was up 4.9 percent at 3,225 on Monday in active volume of 3.

Hong Kong Cargo Flow Up 8%

Jun 11, 2001

Hong Kong's total port cargo throughput rose by eight percent year-on-year during the first quarter of 2001 to 43.1 million tons. Of the total, inward port cargo increased by eight percent to 26.

Kelvin Hughes Offers Nucleus 3 Radar Series

Jun 11, 2001

Kelvin Hughes Ltd., a leader in the development of marine electronics, recently introduced its Nucleus 3 Series Radar systems. The Nucleus 3 Series, which was developed from the Nucleus 2 Series,

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