ACT Gets Loan For Hong Kong Terminal Construction

Monday, January 31, 2000
Asia Container Terminals Ltd. (ACT) has signed a $437 million project financing agreement backing the construction and development of Container Terminal 9 at Tsing Yi Island in Hong Kong, according to company officials. The signing of the loan agreement has added significance because it is the first project financing completed in Hong Kong since the Asian financial crisis, an officials said.

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Euroseas Sells C/V Marinos

Euroseas Ltd.  an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes,

Bill on Danish Maritime Planning Submitted

The bill is to form the basis of a maritime planning act intended to promote economic growth and development of sea areas. The Danish Maritime Authority is to head the work.

Plans to Create Rio Doce Fund

Vale and BHP Billiton announced today plans to work together, with Samarco, to establish a voluntary, non-profit fund to support the rescue and recuperation of the Rio Doce river system,

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