Halter And Friede Goldman Amend Merger Terms
Halter Marine Group and Friede Goldman International have agreed to amend the terms of their proposed merger due to developments related to a contract dispute with a significant customer…
Y2K Clauses: Don't Promise Too Much
While charterparties are, to a large extent based on standard forms, they are also subject to the inclusion of many amendments and additional clauses. These clauses need to be scrutinized with care…
LISCR opens London office
Liberia International Ship & Corporate Registry (LISCR), the new operator of the Liberian Register, is to open a London office on October 1. Captain Tony Goddard…
OT Africa Line to be acquired by the Bollore Group
The Bollore Group has signed a contract with the aim of acquiring OT Africa Line, the British shipping line, and its landside network in Africa. The object of this…
Supreme Court Orders Review Of W. Coast Tanker Rules
INTERTANKO's long fight to overturn what it sees as unfair and damaging tanker legislation in the U.S. West Coast region is gaining ground, as on Friday, September 10, 1999, the U.S.
Parker Terminates Deal
Parker Drilling Company and Superior Energy Services, Inc., have jointly agreed to terminate their merger agreement, in which Parker was to acquire Superior in an exchange of stock.
FirstWave/Newpark Contracted for Drill Rig Upgrade
Schlumberger/Sedco Forex has contracted FirstWave/Newpark Shipbuilding for upgrades and maintenance work on the offshore semi-submersible drilling rig Bill Shoemaker.
Innovative Process for Drilling Planning
John E. Chance & Associates, Inc., of Lafayette, La., has developed an innovative process to capture a clearer picture of the ocean bottom and construction near a structure.
