Kværner gets an amendment to its Philadelphia agreement Faced with construction cost budget overruns, Kværner has managed to gain an amendment to its Philadelphia shipyard deal.
Litton completes Avondale acquisition
NORSHIPCO gets new management software Norfolk Shipbuilding & Drydock Corp. (NORSHIPCO) has selected CompassCONTRACT Enterprise Resource Planning (ERP) software from Western Data Systems as the foundation of a new operational management system
Trico reports second quarter 1999 results Trico Marine Services, Inc. reported a net loss for the second quarter ended June 30, 1999, of $9.0 million, or $0.39 per diluted share, before an extraordinary one-time charge of $1.8 million, net of taxes
European trio wins $1.8bn Repsol deal Three separate ship operators have emerged from Spanish energy group Repsol's complicated and long winded bidding process to secure lucrative 20-year contracts to transport liquefied natural gas from the Caribbean to Spain.
At least 198 killed in India . . . Two crowded trains hurtled head-on into each other in eastern India a few hours before dawn on Monday, killing at least 198 people and injuring 350.
Second quarter loss for First Olsen START-up expenses on two newbuildings, higher crewing costs and and the stagnant market knocked Bermuda-registered First Olsen Tankers into a $2.6m net loss for the second quarter. Last year's corresponding $710,000 deficit was coloured by a $2.1m loss on a ship sale.
Watchdog to act on IPE vacuum BRITAIN'S financial watchdog said yesterday it plans fast action to sort out a leadership vacuum at the International Petroleum Exchange and prevent a crisis of confidence in Europe's largest energy market.
Intercontainer abandons five-way split INTERCONTAINER-Interfrigo, the lossmaking intermodal trainload operator owned by 27 European railways, has abandoned radical plans to split into five network companies.
No injuries as Seacat hits Belfast harbour wall HUNDREDS of passengers had to be evacuated from a UK fast ferry after the craft slammed into a harbour wall.
Shenzhen merger row escalates A ROW has broken out between shipping lines and port operators over suggestions that Hong Kong and the nearby Shenzhen ports should merge.
NAM awaits decision on Waddenzee drilling ENVIRONMENTAL groups and Dutch energy company NAM are eagerly awaiting the Dutch cabinet's decision on whether or not it will permit test drilling in the Waddenzee mudflats, an area of special environmental interest, writes Alan Dickey, the Hague.
Daewoo Wins $90M Greek Ship Order Daewoo Heavy Industries Co. Ltd. has reportedly won a $90 million order from Greece's Chandris Inc. to build four bulk carriers.
New Zealand Oil Companies To Buy Tanker From Union Shipping
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