01 Dec 2000
FGH And Ocean Rig Sign Cooperation Agreement
Friede Goldman Halter (FGH) and Ocean Rig have signed a cooperation agreement related to the completion and delivery of Ocean Rig's Bingo 9000-1 and Bingo 9000-2 offshore drilling rigs…
01 Dec 2000
Tanker Grounding Renews Safety Calls
The grounding of the oil tanker Westchester in the Mississippi river has had no immediate impact on the freight market but brokers say it could spark a longer term flight to quality…
01 Dec 2000
Latvian Shipping Given OK To Sell Refrigeration Fleet
The Latvian privatization agency cleared Latvian Shipping to sell part of its loss-making refrigerator fleet to concentrate on its core tanker business, Reuters reported.