Maritrans to double hull another barge at Tampa Tampa Bay Shipbuilding & Repair Company is to convert a second single-hull barge, Ocean 244, for Maritrans Operating Partners L.P.
Installation of FSO Harrier at Zafiro Field Aker Marine Contractors Inc. has completed the successful re-installation of the FSO Harrier in a bow to bow tandem mooring with the FPSO Zafiro Producer,
Sea Containers earnings up Despite declines in profits from its traditional container leasing, Sea Containers yesterday announced improved net earnings in its latest quarterly and six months reports for the period ended June 30.
OSG operating margins improve, despite VLCC downturn Overseas Shipholding Group, Inc. reported net income for the second quarter ended June 30, 1999 of $8,433,000, or $.23 per share, compared with net income of $7,491,000, or $.20 per share, in the second quarter of 1998.
Explosives 'played part' in Estonia loss A NEW controversy has flared around the 1994 sinking of the Baltic ferry Estonia, with a German probe alleging that explosives contributed to the catastrophe.
Eclipse A partial eclipse of the sun seen behind the angel on top of Berlin's famous Siegessauele column. The final solar eclipse of the century swept across Europe and the Middle East, giving millions of people a view of one of nature's spectacular events. Cloud and rain obscured the view for many, but those lucky enough to see the effect were awestruck. In southwest England, viewers cheered, wept and opened bottles of champagne, while in Iran, special prayers celebrating God's power and glory were ordered by religious leaders.
Poor rates lead CGU to sacrifice business UK composite insurer CGU said yesterday that it would be prepared to continue to give up business in the London marine market if rates did not improve.
First International keeps investment rating PAUL Slater's First International Petroleum Tankers has had its BBB investment grade rating affirmed by Standard & Poor's.
Tanker blues drag down Concordia SWEDISH tanker specialist Concordia Maritime saw its five-strong VLCC fleet operate at a loss on the spot market for the first six months of 1999 - but a profitable freight contract looks to have pushed the company back into the black.
European intermodal drive FIVE large chemical companies and three transport companies are to begin a project to develop new ways of transporting their products via intermodal transport.
Frontline denies sale of VLCCs FRONTLINE has hotly rejected reports that it is to sell four VLCCs to a Middle East defence contractor in order to reduce its debt burden.
First Angolan FPSO nears completion PRODUCTION on Angola's first deepwater development has taken a step closer to fruition with the naming of the floating production offloading and storage vessel (FPSO) Kuito at Sembawang in Singapore by an executive of Sonangol, Angola's national oil corporation, writes Dale Wainwright.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
