Oil Price Just Down From Two-Year Highs Set Last Week
Oil markets placed another bet on tightening supply, supporting prices in the vicinity of 22-month highs touched last week. Benchmark Brent for September hit $20.87 a barrel today…
Alaska Sues Royal Caribbean
Alaska filed a civil suit on Aug. 13 against Royal Caribbean Cruises, accusing the company of dumping oil and other hazardous wastes into state waters after the…
Aker RGI Chair Launches Bid For Full Control Of Company
Norwegian billionaire Kjell Inge Roekke has reportedly launched a bid for full control of industrial holding firm Aker RGI, valuing it at about $1.09 billion. Roekke…
Kawasaki Heavy Industry, Chinese Co. To Set Up Shipyard
As Beijing looks to boost ship exports, Japan's Kawasaki Heavy Industry Ltd is likely to join state-run China Ocean Shipping Group to set up a $96.8 million shipyard in east China.
Britain Warns Shipowners To De-Bug Before 2000
Britain has warned shipowners on Monday that vessels calling at British ports could be detained if they have not ironed out millennium bug problems. All ships inspected before Jan.
