OMM members in calls warning International accountant Ernst & Young, the provisional liquidator of the Ocean Marine Mutual incorporated in the Turks and Caicos Islands, has told members that it will seek to enforce the massive supplementary calls levied by the club.
Turkey dashes hopes over Straits TURKEY has dashed hopes of an early international consensus on revised procedures for navigation through the Straits of Istanbul and 'anakkale, and the Marmara Sea.
Profits disaster for Frontline despite growth Frontline's profits were all but wiped out in the first quarter of this year as the fall in tanker rates ensured the group gained no benefit from a significantly larger fleet, writes Tony Gray.
Axa recruits key staff from Ocean Marine Europe French insurance giant Axa has recruited a number of senior personnel from Ocean Marine Europe, the European small craft arm of defunct P&I club Ocean Marine Mutual, in its efforts to build up a P&I account.
Seaport shrugs off row over Flanders site Belgian stevedore, Seaport Terminal, is confident that it is within the conditions of its concession to use part of its Flanders Container Terminal site in Zeebrugge for ro-ro traffic, according to Seaport Terminal chairman Fernand Huts.
Diesel maker plans comeback GERMAN two-stroke diesel engine maker Dieselmotorenwerk Rostock , which in early May declared bankruptcy, reportedly plans to set up a joint venture with Polish engine manufacturer H Cegielski.
Deutsche Post suffers new setback in ASG bid GERMAN post office Deutsche Post has suffered two fresh setbacks in its already tangled $406m bid for Swedish logistics company, ASG.
Asian crisis 'yet to hit dredging' The dredging industry is yet to experience the full impact of the Asian crisis, a leading figure has claimed.
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