CMB Downgraded

Thursday, February 22, 2001
KBC Securities downgraded its rating on Belgian shipping company CMB SA to "accumulate", due to various factors which could pressure its business. "We have decided to downgrade CMB to 'accumulate' against the background of weakening economies, lower crude output and gradually declining shipping rates," KBC said in a research note. "We still expect CMB to post a strong 2001, but we do not see the share outperforming the market the way it has done over 2000." - (Reuters)
Maritime Reporter February 2015 Digital Edition
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Contracts

Maritech Delivers $14.5M Canadian Subsea Cable Installation

Maritech International  has completed a USD $14.5 million a subsea power cable installation in for New Foundland Power Inc., Maritech announced.   Maritech,

Former BP Boss Browne is DEA Chairman

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Holland America Line Appoints Geivett as Director, Social Media

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Finance

Shipping Industry Faces Shake Up

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Vessel Sales: February 2015

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