Seabourn Sun To Sail First World Cruise In 2001
Seabourn Cruise Line's recently refurbished Ultra-Luxury Resort Cruiser Seabourn Sun will sail its first World Cruise under its new name and insignia in the winter of 2001.
Cunard Revitalizes Legendary QE2
Cunard Line's Queen Elizabeth 2, the world's most famous ocean liner, has completed an $18 million refurbishment program. The refit took place at Lloyd Werft Shipyard in Bremerhaven, Germany from Nov.
Cunard Narrows Field To Five
Cunard Line says it has five bids from European shipyards to build the Queen Mary 2, a rare new transatlantic liner that will rank with the world's largest passenger ships upon its completion in 2003.
Moore Stephens Says Tonnage Tax Proposals Lack Flexibility
Shipping accountant Moore Stephens says draft proposals on the new U.K. tonnage tax regime lack the flexibility shipowners need for timing acquisitions and sales of ships.
Transas Advances The Navigation Process
The ECDIS era has arrived, with the type-approval of systems from Transas Marine. Transas' Jochen Rudolf and George Toma discuss the systems capabilities, advantages and future.
Transocean Sedco Forex Merger Establishes World's Largest Offshore Driller
Transocean Offshore Inc. has completed its merger with Sedco Forex, which was spun-off from Schlumberger Limited. The resulting company, Transocean Sedco Forex Inc.…
Suez Canal Sees $60M Turnover Increase In '99
The Suez Canal Authority (SCA) achieved an increase in turnover of $60 million in 1999 to a total of $1.8 billion, due mainly to toll discounts for long-distance ships.
Strong Finish To A Strong Year In Oslo
A December rally on the Oslo Stock Exchange gave maritime shares an extra glitter and ensured a strong finish to an already strong year. Shipping and offshore shares…
S&P Raises Transocean Offshore Ratings
Standard & Poor's raised its ratings for Transocean Offshore Inc., renamed Transocean Sedco Forex Inc. (See chart page 2, related story page 8) At the same time…
Mutiny Pardoned
President Bill Clinton recently granted a pardon clearing the name of Freddie Meeks, an 80-year-old black man convicted of mutiny in a 1944 wartime incident with racial overtones.
Second 'Chunnel' Not Likely
A motorway under the sea between Britain and France was mooted last week in a study issued by Eurotunnel Plc on a second cross-channel link. Almost 200 years after…
Millennium Bug Proves More Myth Than Menace
The Y2K bug remained to be less than a threat last Tuesday as London rejoined the working world after the New Year break, but more traditional worries about interest rates quickly deflated markets.
French Beach Oil Slick Toll Rises
A new wave of heavy fuel oil from the sunken tanker Erika washed onto France's storm-battered western coast last week, this time hitting the shores of Ile de Re…
Chang And Bray Receive 1999 Connie Awards
The 1999 Containerization & Intermodal Institute’s Connie Awards were presented to Evergreen Group chairman, Dr. Yung-fa Chang and J. Robert Bray, executive director…
Hyundai Heavy Aims For $7.5B In Orders
Hyundai Heavy Industries Co. has set its goals high for 2000, aiming to garner shipbuilding orders with a value of $7.57 billion, up nearly 20% from an estimated $6.35 billion in 1999…
S&P Raises Transocean Offshore Ratings
Standard & Poor’s raised its ratings for Transocean Offshore Inc., renamed Transocean Sedco Forex Inc. (See chart page 2, related story page 8) At the same time…
Yantai And Friede Goldman Secure Contract
Yantai Raffles Shipyard, in conjunction with prime contractor Friede Goldman Halter, has garnered a $109 million order from China National Offshore Oil Corp. (CNOOC) to construct a 515 ft.
Cunard Narrows Field To Five
Cunard Line says it has five bids from European shipyards to build the Queen Mary 2, a rare new transatlantic liner that will rank with the world's largest passenger ships upon its completion in 2003.
Croatian Yard Completes Tanker Order
Croatian Uljanik shipyard delivered a tanker to Russia's Novoship company. The 17,750 dwt oil and chemical tanker is the last one of a series of four similar vessels built for the same buyer…
Second “Chunnel” Not Likely
In a move that was sure to please the ferry companies servicing the English Channel, a motorway under the sea between Britain and France was mooted last week in…
