Sea-Land Deal Boosts Moeller Shares

Monday, July 26, 1999
A.P. Moeller’s acquisition of CSX Corp.’s Sea-Land’s international shipping operations is reportedly positive for the group’s shares and future position in world shipping.

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Entrance to Port of Santos Reopens

The entrance to Brazil's largest  reopened on Thursday, after rough seas prevented ships from entering or leaving for more than 30 hours during peak soy export season.

French Wheat Exports Await Indonesia Approval

French wheat exports to Indonesia are on hold as traders await the approval of a food safety agreement between the two countries, something exporters say is being

Baltic Index Dips on Weaker Rates for Bigger Vessels

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Thursday, hurt by lower rates for capesize and panamax vessels.

 
 
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