Sea-Land Deal Boosts Moeller Shares

Monday, July 26, 1999
A.P. Moeller’s acquisition of CSX Corp.’s Sea-Land’s international shipping operations is reportedly positive for the group’s shares and future position in world shipping.

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Bulk Carrier Trends

Vale Sells 3 Valemax Iron Ore Ships to ICBC

Brazil's Vale SA said it has sold three of its giant "Valemax" iron ore ships to a group led by Industrial and Commercial Bank of China, continuing efforts to unload

NORDEN’s Dry Cargo Head Bonderup Resigns

Ejner Bonderup, Executive Vice President and member of the Executive Management in Dampskibsselskabet NORDEN A/S, has resigned from his position to take up a position in another shipping company.

Baltic Index Up for Eighth Straight Session

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, continued its rise on Friday, for an eighth consecutive session,

 
 
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