Another cruise industry passenger record Cruise lines carried a record 5.85 million North American vacationers in 1999--an 8.5 percent increase over the previous year, says the Cruise Lines International Association (CLIA).
Korean yards still piling up orders Orders for export ships from South Korean yards have continued to rise this year.
Submarine cable joint venture Oceaneering International, Inc. has entered into a joint venture with Smit International to provide services to the telecommunications market for the installation, repair, and maintenance of short-haul fiber-optic submarine cable systems.
Statoil chief backs Norsk Hydro merger STATOIL chairman Ole Lund believes a merger between his company and the oil activities of fellow Norwegian energy giant Norsk Hydro would be good for Norway's oil and offshore sector.
BUE Marine gives fresh boost to Red Ensign BUE Marine, the UK standby and safety vessel operator, is to register a further 12 ships under the Red Ensign, in a move hailed as a major boost for the British flag, writes David Osler.
Simon says ports are target UK port and engineering services firm Simon Group said it was on the lookout for further acquisitions to expand its assets and services base after reporting a 5% increase in pre-tax profit for 1999.
Regional focus is key to success says T&B UK-based logistics group Tibbett & Britten, announcing its 1999 results, said it intends to sharpen its regional and strategic focus in response to industry consolidation.
Competition swoop catches lines on hop THE raids on seven shipping lines in Hamburg, Bremen and London may not have taken place at dawn, but they certainly caught the industry by surprise.
Clement towed off Baltic Sea sandbank GROUNDED tanker Clement was towed free yesterday by two tugs after the 59,650 dwt vessel ran aground in the Baltic Sea between Germany and Denmark on Monday.
Japan calls for new anti-piracy agency JAPAN has called for the establishment of a new international agency to help combat the growing scourge of piracy in the Malacca Strait.
Smit Pentow to manage South Africa patrol boats SOUTH African based towage and salvage operator, Smit Pentow Marine, has landed a deal to manage, man and maintain the state's supply and patrol vessels.
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