Protestors Greet New Cruise Season
When the season's first cruise ship docked this spring, it was met by more than the usual welcoming celebration. Protestors greeted the 2,020-passenger Norwegian…
Adsteam Shares Drop 15%
Shares in Adsteam Marine Ltd fell 15 percent on Thursday after it forecast growth in earnings in the year to end-June 2001, but said activity levels in some Australian ports were down in May and June.
Piracy Solution Must Be Found
Asian countries need to join forces to combat the piracy that makes the region's sea lanes the most dangerous in the world. Pirate booty these days include cargoes…
Yang Ming Sales Sag
Taiwan's Yang Ming Marine Transport Corp., the island's largest shipping firm in terms of revenues, said on Thursday it made sales of T$3.75 billion in May, down…
Report Claims Profits Held Above Safety
The number of accidents at sea is rising because fishermen and merchant shippers put profit above safety, a report by the British marine accident investigation branch said.
Kvaerner Wins $27M Statoil Contract
Kvaerner ASA won a $27 million contract from Statoil to upgrade its Norwegian offshore installations. Kvaerner's contract for work on Statoil's Sleipner Vest field…
EU Passes Ban On Single Hull Tankers
The European Union passed legislation to ban all single-hull oil tankers from its waters by 2015, in line with an international agreement to phase-out the ships, considered an environmental hazard.
LR Report: 75 New LNG Ships for the U.S.
Lloyd's Register (LR) released the results of its extensive research into the LNG market. Talking at the LNG conference The role of LNG in North American and Caribbean gas supply in Washington D.C.…
