Duty Free Ends in Europe, but Tax Differences Remain

Tuesday, June 29, 1999
Duty free shopping in Europe dies at midnight on June 30, heralding an end to one source of cheap alcohol and cigarettes for travelers and lower profits for many transport firms.
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Contracts

Teekay Offshore Partners Sign FSO Contract

The contract with Statoil is to provide a floating storage and offtake (FSO) unit for the Gina Krog oil & gas field located in North Sea. The contract will be

Navy Contracts for BAE, International Marine

US Department of Defense, Navy, contracts awarded for 'Virginia-class' submarine propulsor sytem, and for support of 'USS John C. Stennis' (CVN 74) docking materials.

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Bulk Carrier Trends

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The U.S. Census Bureau announced that preliminary April steel imports were $2.5 billion (2.4 million metric tons) compared to the preliminary March totals of $2.

 
 
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