Safmarine MD, Safren CEO Step Down

Friday, June 18, 1999
South Africa's Safmarine Container Lines reported that its Managing Director and Safren Chief Executive Tony Farr had stepped down. Moeller, which owns the world's leading container shipping company Maersk, acquired Safmarine's container shipping assets in February for $240 million cash plus the assumption of $115 million debts.

Bulk Carrier Trends

First Multi-stream DuPont Scrubbers Installed

DuPont, through its subsidiary Belco Technologies Corporation (BELCO), is installing the first of its proprietary in-line, multi-engine marine scrubbers serving

Weak Freight Rates push Grindrod to H1 loss

Africa's biggest shipping group Grindrod reported a first-half loss on Thursday, pressured by low global growth and declining dry bulk shipping rates but it expects

Fednav Welcomes Innovative Ballast System at Indiana Port

Fednav Limited, the largest international bulk shipowner in Canada, welcomed to the Port of Indiana-Burns Harbor, the Federal Caribou, one of seven new oceangoing

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Navigation Offshore Oil Ship Electronics Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0459 sec (22 req/sec)