Navrom Vessels Sold At Auction
PriceWaterhouseCoopers, liquidator of Romanian state-run shipping company Navrom Constanta, said it sold six Navrom-owned cargo vessels at an auction in the Black Sea port of Constanta.
Tanker Detained In U.K.
An Italian classed oil tanker has reportedly been detained at the U.K. port of Felixstowe after an inspection found a number of defects, the UK Maritime & Coastguard Agency said.
Capesize Rates Firm
Capesize rates firmed again worldwide but brokers said charterers were increasingly conducting business under the counter. Panamax rates were also firmer east of…
Panama Registry Up 9.1% in 1999
Panama's shipping registry grew 9.1 percent during 1999 to close the year with a fleet of 9,866 vessels, the National Maritime Authority (NMA) said. Of the 826 ships…