RCL starts Voyager marketing hoopla The largest cruise ship thus far built, the 3,100 passenger Voyager of the Seas, is scheduled to make its maiden voyage from Miami in November. Jack Williams, president of Royal Caribbean yesterday kicked off what the line called the "final countdown" to the arrival of the ship by ringing the closing bell at the New York Stock Exchange.
Provincial premiers back efforts to boost Canadian shipbuilding The prime ministers of Canada's provinces have concluded their annual meeting. And help for Canada's order-straved shipbuilding industry is high on their wish list for the federal government in Ottowa.
Stolt Comex Seaway wins $53 million contract Stolt Comex Seaway S.A. today announced the award by Petrobras for a $53 million day rate contract for the Seaway Condor.
ICG sells MTN and other satellite services ICG Communications, Inc.has entered into a definitive agreement with ATC Teleports, Inc.(ATC), a subsidiary of American Tower Corp. to sell its Satellite Services division, including its Maritime Telecommunications Network (MTN) subsidiary
Jobs to go at Govan Kværner says that after reviewing personnel requirements with Marconi Electronic Systems, the future new owners of its Govan, Scotland, yard, 97 employees will be laid off, effective tomorrow
Modern shipbuilding technologies - demonstration and information exchange The National Center for Excellence in Metalworking Technology (NCEMT) is sponsoring a technology demonstration and information exchange on modern shipbuilding technologies.
Tonnage tax hailed by British shipping BRITAIN is to move to a tonnage-based system of corporation tax for shipping in the biggest boost to the industry in the United Kingdom for more than two decades.
P&O leads way back to Red Ensign THE commitment to bring "at least" 50 ships on to the UK register made earlier this year by P&O chairman Lord Sterling was repeated yesterday as all sides of the UK shipping industry welcomed the government's acceptance of Lord Alexander's report recommending the acceptance of a tonnage tax system.
Bergesen profits slump as market conditions worsen NORWEGIAN blue chip tanker firm Bergesen yesterday released dreary half yearly results as worsening conditions in the tanker and gas carrier market took their toll.
West Africa FPSO tie with Schlumberger BERGESEN aims to enter the FPSO market offshore West Africa using a converted tanker with oilfield services group Schlumberger selected as project partner responsible for the process plant installation and commissioning, writes Rajesh Joshi, Oslo.
Lord Alexander delivers the goods A FINAL verdict on Lord Alexander's report, Independent Enquiry into a Tonnage Tax, will have to wait until the tax lawyers have gone through the small print at their usual rate.
What is the tonnage tax? A TONNAGE tax, or more accurately, a tonnage-based corporation tax, significantly reduces the tax burden on shipping profits.
Elf renews efforts to win backing for TotalFina bid ELF Aquitaine has made a new effort to rally support for its bid for rival TotalFina, spurning an earlier plea for talks from TotalFina chairman Thierry Desmarest.
Spain Seven would-be immigrants, five Nigerians and two from Ivory Coast, are pictured just before being arrested by the Spanish Civil Guard near the port of Ceuta early yesterday. Many Africans attempt daily to cross the Mediterranean in makeshift vessels in a bid to reach the Spanish coast in search of a better life.
Handymax orders boom An explosion of Handymax bulk carrier orders has been triggered by owners fears that newbuilding prices are set to carry on climbing. A big beneficiary is Tsuneishi Zosen in Japan (photo) which has captured contracts from a new Turkish shipping company and Fairmont of Hong Kong.
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