World Piracy Jumps 40% In 1999
Pirate attacks worldwide surged 40 percent in 1999 as economic and political troubles in Indonesia spurred a dramatic increase in incidents in Southeast Asia. The…
Owner To Shippers: Shape Up Or Face Draconian Laws
Oil companies and the tanker industry deserve to be hit by Draconian legislation if they do not clean up their act, according to a major shipowner. A series of simple…
Shipping Markets Lag Behind Despite Economic Upswing
Global economic activity proved to be stronger that expected in 1999, according to the monthly report by R.S. Platou Shipbrokers a.s. Most crisis-ridden Asian economies recovered strongly…
Global Drilling Expected To Bounce Back In 2000
World drilling activity for oil and gas fell 24 percent in 1999 from 1998, but levels should bounce back in 2000, IHS Energy Group said. "In 2000, I expect levels to reach at least those of 1998…
- 1
- 2