AP Moeller Expects Higher Profits in 2001

Tuesday, August 28, 2001
According to the company, AP Moeller expects that its full-year group profits to be higher than the nearly $1.2 billion booked in 2000. AP Moeller operates Maersk-Sealand - one of the world's largest containershipping lines, and is also a North Sea oil and gas producer. - (Reuters)
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Finance

Golden Ocean and Knightsbridge Complete Merger

The merger between Knightsbridge Shipping Limited and Golden Ocean Group Limited was approved today at special meetings of both companies' shareholders.      The new company,

Panama Canal Sets Sight on Another Expansion

As it enters the final stretch of a massive expansion, the Panama Canal Authority is setting its sights on an even more ambitious project worth up to $17 billion

Baltic Sea Freight Index Flat on Muted Vessel Activity

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, remained steady on Thursday due to a muted vessel activity.

 
 
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