Kazakhoil Sees Future Offshore
Kazakhstan's state oil company Kazakhoil is reportedly pinning its future on major offshore discoveries on the Caspian shelf.
CVRD Withdraws From Landmark Oil Auction
Companhia Vale do Rio Doce (CVRD) is reportedly withdrawing from next week's landmark auction of oil exploration and production licenses.
EU Expected To Launch Full Exxon Mobil Probe
The European Commission is expected to launch a full-scale probe into the proposed merger of Exxon Corp. and Mobil Corp.
Brazil To Dispense $100M To Shipping Companies
Brazil's government will reportedly divide $100 million in aid among the country's shipping companies to help Brazil's merchant shipping companies pay off commercial…
Evergreen Expands Australia Shipping Service
Evergreen Marine Corp. will reportedly restructure its Australian service to incorporate direct calls between Australia and ports in northern Asia from July 1999.
Talks To End Soon On Azeri Drilling Rig Upgrade
The Caspian Drilling Company will reportedly end talks soon with U.S. Exxon and Chevron and Italy's Agip to upgrade one of Azerbaijan's two drilling rigs.
Overseas Shipholding Orders Four Tankers
Overseas Shipholding Group Inc. reportedly ordered four Aframax tankers from South Korean shipbuilder Hyundai Heavy Industries.
Kvaerner Sells Kleven Shipyard
Kvaerner reportedly sold its Kvaerner Kleven shipyard at the port of Ulsteinvik in western Norway for $6.18 million.
IHC Caland Receives NLG 200M In Orders
IHC Caland NV reportedly received $94.3 million in new orders, bringing its current order portfolio to $471.5 million.
NOL Chief Aims To Beat The Odds
Neptune Orient Lines' (NOL) new CEO Flemming Jacobs reportedly announced his top priority was to turn around the indebted Singapore-based shipping group.
Defendants Acquitted In Miami Port Corruption Trial
The former boss of Miami's seaport, the cruise capital of the world, was reportedly acquitted of charges he stole $1.6 million in public money to spend on entertaining…
Defendants Acquitted In Miami Port Corruption Trial
The former boss of Miami's seaport, the cruise capital of the world, was reportedly acquitted of charges he stole $1.6 million in public money to spend on entertaining…
