Gard P&I plans management cooperation with hull and machinery insurer The second largest P & I Club, Norway's Assuranceforeningen Gard, plans to merge management of its operations with that of the Marine and Energy DIvision of If P&C Insurance Ltd.
Navy gives MacGregor "outstanding" contract performance rating Cargo access specialist MacGregor has earned its second successive "outstanding" performance rating from the U.S. Navy, acknowledging its contribution to the Strategic Sealift Ship program
Top class societies poised to join forces DET Norske Veritas and Germanischer Lloyd are in confidential discussions over their working relationship, in a move that could kick off the long-expected consolidation of the classification sector.
Ocean Princess makes her debut PRINCESS Cruises' latest Grand Class liner, Ocean Princess, is pictured abeam Gibraltar on her delivery voyage from the Fincantieri yard in Italy to Fort Lauderdale, where she will be named today. She is the first of seven newbuildings for Princess Cruises and the fourth in the class of 77,000 gt, 1,950- passenger ships. After cruising the Caribbean, based in San Juan, she will transfer to the Gulf of Alaska as one of six sisterships in Alaskan waters this summer.
BP Amoco profits soar past $2bn OIL major BP Amoco has posted a sharp improvement in results for 1999 boosted by a combination of a higher oil price and the cost improvements stemming from last year's merger.
Cruise line shares hit turbulent waters MAJOR cruise line stocks opened mixed yesterday after the sudden price plunge that struck both Carnival and Royal Caribbean the previous day, with Carnival edging down 1/4 in early trading to $35 and 1/4 and Royal Caribbean unchanged at $36 and 1/2, writes John McLaughlin, New York.
Mersey Docks seeks to expand into new ports MERSEY Docks and Harbour Co wants to expand its portfolio of ports and is actively looking for investment opportunities.
Bank post for Furlong in March TREVOR Furlong, who retires in April after 16 years as chief executive of Mersey Docks and Harbour Co, has been named chairman of Manchester-based London Scottish Bank. He will take up his new appointment in late March.
Finnlines ships set to quit national flag FINNISH ferry operator Finnlines is re-flagging 11 out of its 14 owned ferries which currently sail under the Finnish register. The British flag, and those from Germany and the Netherlands, are understood to be under consideration.
Kuwait view keeps oil price over $30 level OIL prices continued to remain above $30 dollars a barrel yesterday after crude oil futures on the New York Mercantile Exchange (NYMEX) reached their highest level in almost a decade on Monday.
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