S&P: Credit Quality of SE Asian Owners Drops
Standard & Poor's said the credit quality of shipping companies across Southeast Asia has suffered in the last two years, with most companies in the "weak to vulnerable" range…
Chirac Vows To Make Polluters Pay More
French President Jacques Chirac vowed to push for international laws forcing polluters to pay more for damage caused by oil slicks like one that smeared France's Atlantic shoreline last month.
Oil Majors To Supply Tanker Status Reports
A group of 41 oil majors will make their tanker inspection reports available to port examiners in Europe. They also aim to ensure higher standards for their shared…
Oil Giants To Offer Marine Fuels Site
BP Amoco Plc., Royal Dutch/Shell, Texaco Inc., and Chevron Corp. are developing an Internet site allowing energy companies to buy and sell fuel for ships. The companies…