Monday, July 23, 2001 Maritime News

Panamax Rates Under Pressure

Jul 23, 2001

Freight rates in the Atlantic Panamax market remained under pressure and were expected to move even lower in the near term, brokers said on Monday. While Atlantic rates continued to slide,

ITF Targets Liberian Flag

Jul 23, 2001

The International Transport Workers Federation (ITF) has launched a campaign to bring down the Liberian shipping flag, which it accuses of bank-rolling a savage conflict in Sierra Leone.

Memco Barge Line Sold

Jul 23, 2001

American Electric Power Co. Inc. signed a definitive agreement with Progress Energy Inc. to buy its MEMCO Barge Line Inc. for $270 million, in a deal AEP said would immediately add to its earnings.

Tanker Markets Move Forward, Slowly

Jul 23, 2001

Most tanker markets were still inching forward on Monday but the North Sea market was at the end of its rally and was starting to sag again, brokers said. "It's cooled off a little (in the North Sea),

Over-capacity builds up in transpacific container trade

Jul 23, 2001

The addition of substantial new vessel capacity is widening the gap between supply and demand in the transpacific container trade, according to World Liner Supply,

NAVSEA Divers Help Raise History

Jul 23, 2001

Naval Sea Systems Command divers, along with National Oceanographic and Atmospheric Administration divers lifted a piece of naval history out of 240 feet of water

TMN To List Shares

Jul 23, 2001

Thai state-owned shipping company Thai Maritime Navigator (TMN) it would list its shares on the Stock Exchange of Thailand in the next three years. TMN chairman of board of directors,

Power Barges Bring New Light To Lagos

Jul 23, 2001

Sections of Lagos will receive an unprecedented 22 hours of electricity daily starting next month due to a project by U.S. energy group AES Corp, the head of Nigeria's state power company said.

NSCSA Reports $31M Profit

Jul 23, 2001

The National Shipping Company of Saudi Arabia (NSCSA) reported a net profit of 115.7 million riyals ($30.85 million) in the first half of 2001 compared with a net loss of 16.

2014 2014

2013 2013

2012 2012

2011 2011

2010 2010

2009 2009

2008 2008

2007 2007

2006 2006

2005 2005

2004 2004

2003 2003

2002 2002

2001 2001

2000 2000

1999 1999

rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0738 sec (14 req/sec)