BP Amoco in £3bn Burmah Castrol bid BRITISH oil giant BP Amoco has agreed a £3bn ($4.7bn) friendly takeover of UK lubricants specialist Burmah Castrol - a deal mooted since the Exxon/Mobil merger triggered the collapse of BP's joint venture with Mobil.
Oil forum rejects early single-hulls phaseout THE Oil Companies International Marine Forum opposes a European Commission plan for the early phasing out of single hull oil tankers, said the forum's director John Hughes.
Green light for Daewoo break up DAEWOO Heavy Industries, the shipbuilding and machinery arm of South Korea's ailing Daewoo Group, said a plan to split it into three companies was approved at a shareholders' meeting yesterday.
Yachtline and Marineline boost A MANAGEMENT buyout is set to boost two important Lloyd's insurance operations covering yachts and other craft, and general cargo.
Milford Haven spill fine appeal MILFORD Haven Port Authority goes to the Appeal Court tomorrow in an attempt to overturn the £4m($6.3m) fine imposed in the wake of the 1996 Sea Empress spill.
Bremer Vulkan charges dropped CHARGES against the former chief financial officer of the now-bankrupt shipbuilding group Bremer Vulkan have been dropped in one of the most sensational trials in post-war Germany's maritime history.
P&O reflags four more Princess ships to UK P&O is reflagging to the UK register four more Princess Cruises ships as part of a long-term commitment to place 50 vessels with the Red Ensign, writes David Mott.
HDW to merge with ThyssenKrupp shipyards within two years HOWALDTSWERKE Deutsche Werft, the Kiel-based shipbuilder, expects to merge with the two yards of the ThyssenKrupp group "within one or two years".
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