RCL Shares Jump In Oslo Following Report

Tuesday, February 06, 2001
Shares in Royal Caribbean Cruises leapt seven percent after positive broker analyses of the group and on hopes for positive news when corporate leaders visit Oslo on Wednesday, traders said. Shares in the Miami-based group were up 16 Norwegian crowns ($1.83) at 241 at about 1250 GMT on the Oslo bourse. The total share index of the Oslo bourse was up 1.1 percent. In just over a year, RCCL shares have ranged from a low of 152 in June to a high of 446 in January 2000. Analysts said that several recent "buy" recommendations for the stock were helping RCCL after the company reported last month that 2000 earnings per share rose 16 percent to a record $2.31.

Finance

China COSCO Falls to H1 Net Loss

China COSCO Holdings Co Ltd fell to a first-half loss hurt by a persistent slump in the global container market, the world's fourth largest container shipper said on Thursday.

Weak Freight Rates push Grindrod to H1 loss

Africa's biggest shipping group Grindrod reported a first-half loss on Thursday, pressured by low global growth and declining dry bulk shipping rates but it expects

Cosco Eyes Spanish port of Algeciras

Algeciras Bay Port Authority in southern Spain has put up a tender for its third container terminal, and China's Cosco Shipping Ports is already being mentioned as a fore runner candidate,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Navigation Offshore Oil Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
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: 0.0785 sec (13 req/sec)