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Apr 24, 2001
Kvaerner beat market expectations with a jump in first-quarter profits, and the company reiterated opposition to a tie-up with Norwegian oil industry services rival Aker.
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Apr 24, 2001
Greek transport unions promised chaos for travelers during Thursday's 24-hour general strike, with public transport in Athens forecast to grind to a halt and Olympic
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Apr 24, 2001
Freight rates for Panamaxes trading the Atlantic are holding strong but the Pacific market is now starting to weaken, shipbrokers said. "Prospects for May in the
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Apr 24, 2001
A former Australian transport minister challenged oil tanker owners, who were meeting in Sydney on Tuesday, to join him in the fight against "slave-ships", which
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Apr 24, 2001
The CMA CGM Normandie, a French container vessel, has been refloated after hitting a reef in international waters in the Singapore Straits, Reuters reported. The
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Apr 24, 2001
Hovert Investments Pte Ltd, a unit of Kuok (Singapore) Ltd, has made an unconditional offer for the shares of shipping company Pacific Carriers Ltd. Hovert accumulated a controlling stake of 56.
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Apr 24, 2001
Standard & Poor's lowered its long-term corporate credit rating on Sweden-based Stena AB to double-'B' from double-'B'-plus. The senior unsecured rating on Stena was also lowered,
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Apr 24, 2001
With the repowering of the 204-ft. (73.1 m) double ended vehicle ferry, Cameron No. 2, Reagan Equipment Company's marine division has added ferries to its list
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Apr 24, 2001
A new Bunker Trading Company was established in Singapore in early April. The company is
called United Bunkering & Trading (Asia) Pte. Ltd., and is backed by a major European investor.
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Apr 24, 2001
Ro-Clean Desmi A/S of Denmark has been officially awarded the Guinness World Record for developing the largest offshore oil containment boom in the world. Known
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