24 Mar 2000
P&O, Carnival Shares Begin Recovery
Shares in shipping operator Peninsular & Oriental Steam Navigation Co. moved to full speed ahead on Thursday, tracking a recovery course by U.S. cruise giant Carnival Corp., analysts said.
24 Mar 2000
Osprey Maritime Plans $70M Injection
Shipping group Osprey Maritime Ltd. plans a proposed $70 million injection of new equity together with a major restructuring, a company spokesperson reported. The…
24 Mar 2000
Bergesen To Buy LNG Carrier From Daewoo
Bergesen D.Y. ASA plans to buy a liquefied natural gas (LNG) carrier from South Korea's Daewoo Heavy Industries Ltd. for approximately $150 million, company officials said.
24 Mar 2000
Carnival Earnings Warning Triggers Sell-Off
If it's darkest before dawn, than it is nearly daybreak at Carnival Corp. The company's stock price has been severely punished since the beginning of the year for seemingly phantom reasons.
