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To: Ilaine who wrote (4233)12/16/2002 12:36:01 PM
From: KLP  Read Replies (1) of 6901
 
Agreed.... something is going on...Maybe someone has captured him, and with him, his computer.... Speaking of Maersk Lines, I found this....

pilotonline.com

>>>>>>>>>>>>>The United States lost two of its major flagship carriers in the late 1990s. One was Oakland-based APL Ltd., which merged with Singapore-based Neptune Orient Lines. The other was Sea-Land Service Inc. of Charlotte, N.C., which was acquired by Maersk Line, a division of the Danish conglomerate A.P. Moller.

``It tells us that it's not a profitable business,'' said Dorto, the Virginia terminals' manager.

But other countries haven't been so willing to surrender their flags.

Some foreign governments nurture their shipping lines as a matter of pride, economic development or national security. China Shipping Container Line, for example, the world's 17th-largest carrier, is a wholly state-owned enterprise. China Ocean Shipping Co. or Cosco, which ranks seventh, has subsidiaries controlled by the Chinese government. Other Asian nations are closely allied with their home-grown carriers as well.

Governments don't have the same profit motive as private enterprises.***** Observers say China's shipping industry exists largely to support a booming export trade, the key to that nation's breathtaking growth and development. <<<<<<<<

*****How's that statement for a MASTER UNDERSTATEMENT????
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