Refinancing Of BC Ferries Announced
A financial restructuring package for the British Columbia Ferry Corporation and a plan to sell the three PacifiCats has been announced, company officials said.
Daewoo Heavy Approves Split Plan
Daewoo Heavy Industries Co. shareholders approved a plan to split the firm into three companies, officials said. The plan will go into effect May 1. Under the plan…
Croatian Yard Raises $30M For Investment
Croatian repair shipyard Viktor Lenac signed agreements to raise a total of $30.4 million for financing a major enlargement through a new share issue and a loan.
French Oil Cleanup Volunteers Take Gov't To Court
Volunteers who mopped up the oil spill France's Atlantic coast from the sunken tanker Erika have taken the state to court for not warning of potential health risks, a spokesperson for the group said.
Oilseed Fuel May Help Mop Up French Oil Spill
A biodegradable fuel, produced mostly from rapeseed, has reportedly been brought in to help fight the oil spill along France's Atlantic coast. France's pollution…
Damen Seeks Remaining Shares In Romanian Shipyard
Dutch firm Damen Shipyards Group has announced plans to buy the remaining shares it does not already own in Romanian shipyard Santierul Naval Galati and to delist…
