FGH to sell repair yards to Bollinger Friede Goldman Halter, Inc. has signed a definitive agreement to sell its vessel repair unit to Bollinger Shipyards, Inc. of Lockport, La for $80 million
CSAV goes global with Norasia coup INDEPENDENT Chilean carrier Companhia SudAmerica de Vapores has expanded out of South America by acquiring the name and liner activities of Norasia, the privately-owned Swiss carrier.
ITF leader Cockroft seriously hurt in fall INTERNATIONAL Transport Workers Federation leader David Cockroft has been rushed into intensive care following a serious accident while hill walking in Wales over the Whitsun holiday weekend.
Frontline says best is to come THE best is yet to come was the message from John Fredriksen's Frontline as the leading tanker company unveiled a return to profit in the first quarter.
Creditors claim scalp of Hyundai boss CHUNG Ju-yung, the founder, owner and honourary chairman of Hyundai Group, is to quit his managerial position, bowing to pressure from its creditors and the government to hand over day-to-day running of South Korea's largest conglomerate, writes Dale Wainwright.
Rights are wrong for Kvaerner KVAERNER yesterday unveiled a NKr2.5bn ($279m) rights issue to "exploit growth and development opportunities", but the stock market did not like the group's ambiguity and sent the group's shares plummeting to a 19-month low.
Boxship CMA CGM Gascogne The 7,075 dwt boxship CMA CGM Gascogne is pictured in the port of Le Havre during her first call. The vessel, which has a capacity of 558 teu, is deployed in the Atlantic feeder service of CMA-CGM. She was built in 1994 by Verolme shipyard of Heusden.
Plan to raise capacity of Oman LNG plant OMAN LNG, the company behind the new LNG plan in Qalhat, said it was actively seeking to expand the facility with a third gas liquefaction train which it hopes will be operational by 2004.
BP Amoco alliance boost for Sembawang yard AN evergreen alliance between BP Amoco Shipping and Sembawang shipyard yesterday is expected to be worth around S$25m (US$14.6m) - S$35m year to the Singapore yard.
- 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
