Thai Prime Minister Denies Canal Reports
Thai Prime Minister Chuan Leekpai has denied reports the government plans to build a canal across southern Thailand, bypassing the busy Malacca Straits shipping lane…
South Africa's Shipping Industry All Set For Y2K
South Africa's Transport Minister Dullah Omar said the country's aviation and shipping industries will ride out any possible glitches caused by the millennium bug computer problem.
RCI President Apologizes For Alaska Pollution
The president of Royal Caribbean International toured ports of call in Alaska on Friday to apologize in person for the pollution of the state's waters by the cruise line's ships.
New Product Stops Hull Leaks, Promotes Environmental Safety
21st Century Technologies Inc. has announced that a new product, the Sea Patch, has completed extensive testing by a major oil company. This system, patented by Los Alamos National Laboratory…
Internet Can Help Shipping Companies Cut Costs, Say IT Firms
Shipping companies, criticized for being slow to modernize, are being targeted by information technology (IT) companies seeking a slice of a container management…
Safmarine, Golden Ocean Avoid Court Fight
South African Marine Corp Ltd. (Safmarine) said that a court bid by another firm seeking its liquidation had been withdrawn and that the company would continue with business as usual.
Ship Wreck Causing Additional Legal Woes
Sri Lanka is considering legal action against a local shipping firm if it does not remove the wreck of a Turkish ship that broke up while being towed ashore. Dhanapala Weerasekera…
Planning, Not Technology, Is Key To Spill Avoidance
Good planning, and not super high technology is the key to fighting tanker oil spills, Ian White, managing director of London-based International Tanker Owners Pollution Federation Ltd.
Coflexip Strengthens Deepwater Capabilities With Upgrade
Coflexip Stena Offshore has announced that the board of directors of Coflexip approved the upgrade of the CSO Constructor which will allow the group to offer its…
First Woman Takes Panamanian Presidency
Panama's first woman president was due to take power last Wednesday, four months before the tiny nation takes control of one of the world's most important waterways, the Panama Canal.
Moore's First Priority At WTO: Helping The Poor
Mike Moore, taking over as new head of the World Trade Organization, pledged on Wednesday that he would devote "all efforts" to help poor countries to benefit from freer global trade.
Arctic Ice Build-Up Likely To Cause Shipping Disruptions
Severe weather in Russia's Arctic already led to the build-up of more ice than normal for this time of year and is likely to cause major disruptions to shipping by October…
Europe Gives U.S. The Raspberry
In an apparent flexing of newfound muscles, the European Union is picking another trade fight with the United States, threatening to file a World Trade Organization complaint against the U.S.
Controversial Brent Spar Disposal Costs Soar
Shell U.K. Exploration and Production said the final cost of a four-year project to decommission its controversial Brent Spar oil buoy had risen sharply. At a feedback…
ARCO Shareholders Approve BP Amoco Takeover Bid
Giant oil companies are going to be the sole survivors in an increasingly competitive market, the chairman of Atlantic Richfield told stockholders Aug. 30 as they approved a takeover bid.
NKK Develops High-Performance Steel Pipe
NKK Corp. of Japan has formulated a new type of steel pipe containing one percent chromium, offering exceptional corrosion and wear resistance and weldability for…
Seacor Smit Reports Securities Repurchase Increase
Seacor Smit noted that its Board of Directors had raised its previously announced securities repurchase program by $55 million - resulting in an approximate increase…
Mobil Updates Web Site
Mobil Corporation has added various upgrades to its Web site for the marine industry - allowing visitors to learn about the global Progressive Fast Analysis (PFA) used-oil analysis program.
Austal Ferries Offers Emergency Services
Joining organizations around the world in aiding victims of the tragic earthquake in Turkey, Austal's two 282 ft. (86 m) and two 197 ft. (60 m) vessels, constructed…
Wattyl Acquires Wasser High-Tech
Wattyl Limited of Sydney, Australia acquired Wasser High-Tech Coatings on July 1, 1999. In its most recent fiscal year, Wattyl achieved sales of $347 million and pre-tax profit of $23.2 million.
