House Votes To Bar Drilling off Florida Coast
Despite President George W. Bush's calls for more oil and natural gas production at home, the House of Representatives on Thursday voted to block drilling in a lucrative…
Hyundai Merchant Marine Sells Off Two Million Shares
Hyundai Merchant Marine, South Korea's largest shipping firm, said on Friday it had sold about two million shares in Hyundai Heavy Industries to raise operating funds and repay debts.
Sea Containers Approves Hotel Subsidiary Spin-Off
Sea Containers Ltd., which runs marine passenger transport and leases equipment, on Friday said its shareholders approved resolutions to permit the spin-off of its…
Alstom Under Fire For Alleged Asbestos Poisoning
French shipbuilder Alstom SA will need to set aside at least 20 million euros ($17 million) for claims linked to alleged asbestos poisoning at its Saint Nazaire shipyard, analysts said on Friday.
Attica Enterprises Links Up With Port of Zeebrugge
Greek ferry operator Attica Enterprises said on Friday it picked the port of Zeebrugge in Belgium for its service linking Scotland with mainland Europe, due to start in May 2002.