|
Dec 30, 1999
Early exploration work off the east coast of Australia may lead to a major new oil and gas discovery, according to Australian geologists. About 100 large sedimentary
|
|
Dec 30, 1999
The Suez Canal Authority (SCA) will keep its transit fees unchanged in 2000 for the seventh year in a row. An economic slowdown and fluctuating oil prices were behind the decision to fix the tolls,
|
|
Dec 30, 1999
Kvaerner ASA officials reported that talks on the sale of most of its shipyards were "well advanced," even though the group will not reach its goal of exiting shipbuilding in 1999.
|
|
Dec 30, 1999
Oil Averages $18 In 1999
Oil prices in 1999 posted a 35 percent increase on average over 1998, in a triumph of output restraints by exporter group OPEC and key ally Mexico.
|
|
Dec 30, 1999
Commodore Holdings Limited will be purchasing, subject to final documentation, the 820-passenger cruise vessel Crown Dynasty, which it presently charters. The ship
|
|
Dec 30, 1999
Rescuers continued their search for passengers of the Philippine ship MV Asia South Korea last week, after it sank in the Visayan Sea before dawn on Dec. 23, officials said.
|
|
Dec 30, 1999
Intertanko's Worldscale Committee met with Worldscale Association Ltd.'s Management Committee on Nov. 10.
The large discrepancy between the current actual bunker
|
|
Dec 30, 1999
Worldwide offshore rig utilization declined slightly since last week, according to Offshore Data Services' weekly mobile offshore rig count.
Two less mobile offshore
|
|
Dec 30, 1999
Crude oil tanker rates maintained recent strength as markets continued active ahead of the Christmas break, shipping brokers said on Dec. 23.
"Aframax and Suezmax
|
|
Dec 30, 1999
A lack of fresh chartering saw the Baltic indices under pressure, brokers said last week.
The Baltic Dry Index (BDI) fell four points to 1,320, the Baltic Panamax Index also fell four points to 1,
|
|
Dec 30, 1999
On Dec. 7 the US Supreme Court heard the oral arguments of Intertanko, the US federal government, and the State of Washington in the State of Washington tanker regulations case.
|
|
Dec 30, 1999
Commerce Secretary William M. Daley has decided to let stand an earlier Commerce Department ruling in support of the state of North Carolina's objections to exploratory drilling off the state's coast.
|
|
Dec 30, 1999
Canadian Pacific Limited has agreed to acquire the outstanding 50 percent of the Americana Ships joint venture from its partner, Transportacion Maritima Mexicana SA de CV of Mexico.
|
|
Dec 30, 1999
Crude oil prices bolted higher early last week as traders returned from a long holiday weekend to indications that exporting countries may extend the supply cuts
|
|
Dec 30, 1999
The St. Lawrence Seaway is officially closed to navigation until spring. The last vessel to pass through the Seaway was the chemical tanker Petrolia Desgagnes, which made its way through the St.
|
|
Dec 30, 1999
The owner, operator and insurer of the vessel North Cape have agreed to restock 1.24 million lobsters and pay $8 million to restore other natural resources injured
|
|
Dec 30, 1999
'Fun Ship' Becomes 'Fear Ship' After Paradise Propulsion Failure Turns Dream Vacation Into A Nightmare
About 200 passengers on a millennium cruise to the Caribbean
|
|
Dec 30, 1999
While consolidations and closures continue to reshape the ship and boatbuilding industry worldwide, 1999 ended on some positive notes, particularly for ship and
|
|
Dec 30, 1999
French Prime Minister Lionel Jospin, touring beaches devastated by oil seeping from a sunken tanker off the Atlantic coast, pledged to press for stricter global safety rules.
|
|
Dec 29, 1999
A Russian-flagged tanker broke in two and its bows sank on Wednesday near the mouth of the Bosphorus, among the world's busiest shipping routes, spilling oil onto Istanbul's residential coastline.
|
|