Independent journal on economy and transport policy
08:40 GMT+2
MARAD GETS DIVIDED VIEWS ON NOL'S BID FOR APL
(Shipping Times)
July 28, 1997
[WASHINGTON]
Federal officials are receiving sharply divided outside advice on the benefits of clearing Singapore-based Neptune Orient Lines' US$825 million (S$1.2 billion) acquisition of US-flag carrier APL Ltd.
Senior California lawmakers have urged the Transportation Department's Maritime Administration (Marad) to continue subsidising nine of Oakland-based ...... Read more on Shipping Times
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