2009 was a challenging year for STX Europe following the global financial crisis. Panama Canal Authority (ACP) Administrator/CEO Alberto Alemán Zubieta and Alabama State Port Authority (ASPA) Director/CEO James K. Lyons have signed a Memorandum of Understanding (MoU) to jointly help foster commercial activity between the two entities. A leading Russian maritime news service has contested the Russian Transport Ministers recent claims of the state of the countrys order books.
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