Business Daily from THE HINDU group of publications
Monday, Aug 21, 2006
Business Daily from THE HINDU group of publications Monday, Aug 21, 2006 |
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Logistics
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Shipping Listing lines
Cougar Ace is still down with its belly full of Mazda cars.
Shipping lines, it appears, have hit a rough patch. Yang Ming Lines' "YM Green" suffered fire damage at a place approximately 120 miles west of Singapore; MOL's crude tanker "Bright Artemis" has been damaged by the ship it went to rescue at a place about 300 miles west of the Great Nicobar Island; "Cougar Ace" is still down with its belly full of Mazda cars in Wide Bay, Unalaska Island; and with the Met Office predicting gales and storms in South Africa's Eastern Cape, the salvage of Safmarine's "Agulhas" becomes uncertain even as both halves of the ship remain close to the breakwater outside the port of East London.
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