Online Marine Camera Gives Underwater Views
For those who are curious about the undersea world but don't want to plunge beneath the waves, there is a safe and dry way to enjoy Neptune's realm. Images of the…
OPEC To Raise Output
OPEC has seemingly bowed to U.S. pressure for cheaper oil by agreeing to higher output limits, immediately agreeing to turn up the taps by 1.45 million barrels daily, or seven percent.
Pascagoula ... World’s Burgeoning Cruise Capitol?
Litton Ship Systems' Ingalls Shipbuilding division, located in Pascagoula, Mississippi, has signed a Memorandum of Agreement (MOA) with SeaAmerica Cruise Lines, Inc., based in Hollywood, Fla.
New Managing Director At Schottel
Dr. Detlef Reinsberg was elected the new managing director of Schottel GmbH & Co. in Spay/Rhine, Germany. Reinsberg, who began his career as a financial director with ABB in Manheim…
Metropolitan Stevedore Restructures
Metropolitan Stevedore, west coast stevedore and terminal operating company, has restructured with several promotions. Albert J. Garnier was appointed vice president…
BC Ferries Restructures Its Financials
As part of its financial restructuring package, Canadian-based BC Ferries will sell off its three PacifiCats ferries in order to remove its $1.1 billion debt. A…
ICCL Relocates Its Headquarters
The International Council of Cruise Lines will relocate adjoining the offices of Alcade & Fay, the government affairs firm that has represented the cruise industry for 22 years, effective April 3.
NYK And IPC Agree On Tanker Services
NYK Line and International Product Tankers Limited (IPC) concluded a Cooperation Agreement providing upgraded product tanker services to their respective customers while mutually enhancing trade.
Pacific Coast To Supply For AMCV
Pacific Coast Maritime has been selected by Litton Ingalls Shipbuilding to provide the exterior doors and windows for the United States Lines cruise vessels currently…
Coflexip Stena/Kvaerner Finalize Acquisition Plans
Coflexip Stena Offshore, along with Kvaerner is finalizing the acquisition of the business of Houston-based pipeline engineering company Kvaerner R.J. Brown (KRJB).
Norwegians Buy Romanian Shipyard
Norwegian group Scandinor AS has signed a contract with Romania's main privatization agency, FPS, to acquire a majority stake in local shipyard Santierul Naval Braila.
A.P. Moeller Expects Good Results
Danish shipping and oil group A.P. Moeller, Denmark's biggest private enterprise, said that it expects full-year 2000 earnings of its two main business areas to exceed 1999 levels.
Houston Ship Channel Re-opens
An evacuation alert was rescinded Wednesday afternoon for a one-mile ring around a Rohm and Haas Co. chemical plant near Houston after a dangerously overheated tank…
Strikes Stop Finnish Trade
Finnish exports and imports were almost at a standstill last week as a strike over a wage claim by transport workers supported by stevedores and seamen went into a second day.
French Ferry Holed
A French ferry was badly holed in France's Channel harbor of Calais after being hurled onto the jetty by high winds, owners Sea-France said. No-one was injured on…
EU Welcomes Tanker Rules Tightening
European Union transport ministers welcomed proposals to tighten safety rules for oil tankers in the wake of the disastrous Erika oil spill off France's Atlantic coast last year.
St. Lawrence Seaway Opens
The St. Lawrence Seaway has reopened with the first ship of the 2000 season passing through this week, the St. Lawrence Seaway Management Corp. said. "We're up and running…
Latvian Privatization Saga Continues
Stymied in its efforts to extract what it deems a reasonable market value, the Latvian government will decide on April 4 whether to proceed with the privatization…
OPEC Raises Output
OPEC has seemingly bowed to U.S. pressure for cheaper oil by agreeing to higher output limits, immediately agreeing to turn up the taps by 1.45 million barrels daily, or seven percent.
Finnlines Shares Plunge On Profit Warning
Shares in Finnish shipping company Finnlines plunged on Wednesday after it said 2000 profit would be worse than expected due to tough competition, higher oil prices and strikes hindering business.