Excel Upgraded

Tuesday, March 20, 2001
Dresdner Kleinwort Wasserstein said on Tuesday it had upgraded its recommendation for British distribution and logistics firm Exel Plc to "buy" from "add", noting a global economic slowdown would accelerate outsourcing. A Dresdner note said despite the slowdown in the world economy its forecasts showed double digit earnings growth and rising cash generation over the next three years. - (Reuters)

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Thyssenkrupp Bids for Australian Sub Contract

German industrial group Thyssenkrupp has submitted an offer to the Australian government for a contract to build stealth submarines potentially worth tens of billions of euros,

Australia Submarine Program Enters Next Phase

Evaluation of Australia’s Future Submarine program proposals will now commence with all three potential international partners submitting their proposals in full,

North Korea Submarine-Launch Missile a Flop Show

North Korea apparently failed to launch a ballistic missile from a submarine in a sign that Pyongyang has yet to master the technology, Yonhap news agency quoted a government official as saying.


NY/NJ Port Authority Sees Debt Issuance of $1.2 bln in 2016

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Opportunities for Growth as Chinese Economy Evolves

The global breakbulk and heavy-lift markets have had to navigate choppy waters in recent years.   Not necessarily due to a shortage of freight, but as a consequence of unsustainably low freight rates.

EuronavSells Suexmax Cap Laurent

Euronav NV announced the sale of its Suezmax Cap Laurent for $22.25 million. The 1998-built 146,145-dwt vessel was wholly owned by Euronav.    The vessel was

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