01 Jul 1999
OMI Wants Out
OMI Corp. reportedly plans to withdraw from its Singapore joint venture with Heidenreich Marine Ltd. after not being able to agree on terms to join with International Product Carriers Ltd.
01 Jul 1999
Oil Rallies
Oil markets added to 18-month, in part driven by OPEC output cuts which burrowed further into surplus inventories in major Western consuming countries. On Thursday…