01 Nov 2000
P&O In Deal To Operate NY/NJ Terminal
UK shipping firm Peninsular & Oriental Steam Navigation Co on Wednesday said it had joined forces with its 50 percent owned P&O Nedlloyd to operate the New York/New Jersey terminal on a 30-year lease.
01 Nov 2000
Oil Freight Charges To Go Higher?
Bloated oil freight charges could surge yet higher this year, adding to the already inflated cost of world oil imports, shippers said. Tanker brokers are predicting…
01 Nov 2000
Tanker Not An Environmental Disaster Yet
Environmental disaster has been averted for now but France is taking no risks after a tanker carrying thousands of tons of toxic chemicals sank off the Normandy coast…