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Aug 21, 2001
Moody's Investors Service has assigned Baa2 foreign currency and local currency issuer ratings to Malaysia International Shipping Corporation Berhad (MISC). The outlook for the ratings is stable.
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Aug 21, 2001
Powerful Typhoon Pabuk, packing winds of up to 79 mph, ploughed into Japan on Tuesday, killing two people, snarling air, sea and rail traffic and forcing Universal Studios to close its theme park.
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Aug 21, 2001
Rates for eastbound VLCC cargoes of crude oil made a sudden comeback on Tuesday, with the Tankers International alliance booking out three of its ships at more
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Aug 21, 2001
Anglo-Norwegian engineering group Kvaerner is expected to report a 61 percent drop in second-quarter pre-tax profits due to weak market conditions in the U.S., a Reuters survey showed on Tuesday.
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Aug 21, 2001
Freight rates for forward positions in the panamax sector continue to remain soft despite higher levels attracted by the prompt and spot markets, shipbrokers said on Tuesday.
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Aug 21, 2001
Spectria, a leading technology consulting firm, has developed a prototype of a new, knowledge-management-based information portal called SmartShips®, for Modern Maritime, Inc.
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Aug 21, 2001
The Navy has recently begun using water bags accomplishing periodic weight tests of boat davits. A result of a teaming effort between NAVSEA, NAVSEA Philadelphia-SSES and FTSCLANT,
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Aug 21, 2001
Keppel Hitachi Zosen Limited (KHZ) is in discussions with Smedvig Asia regarding the latter's intention to exercise its option to purchase KHZ's interest in the semi-submersible tender rig,
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Aug 21, 2001
Demand for offshore rigs in the U.S. Gulf of Mexico has softened after a natural gas drilling boom in the first half of 2001, but forces that could support a recovery may already be at work,
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Aug 21, 2001
Tropical Storm Chantal slowed to a stop and dumped torrential rain on Mexico's Yucatan Peninsula on Tuesday after leaving two fishermen missing at sea and forcing 2,
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Aug 21, 2001
South Korea's Daewoo Shipbuilding and Marine Engineering said on Tuesday it had won a combined $340 million order to build liquefied natural gas (LNG) carriers from Belgium and Norway.
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Aug 21, 2001
GE Marine Engines announced that its LM2500+ aeroderivative gas turbine has been selected for use aboard Cunard Line's Queen Mary 2 transatlantic liner. Upon completion in 2003,
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