Software Offers New Features
International Communications and Navigation Limited, provider of marine electronic navigation and DGPS services has released new versions of its electronic charting…
Allen Appointed VP
Blue & Gold Fleet, San Francisco, Calif., elected Shelby Allen as vice president of sales and marketing, effective immediately. Allen, whose responsibilities include…
Mobile ISDN Service Unveiled
Inmarsat presented its new Mobile ISDN service at IBC, the International Broadcasting Conference in Amsterdam from September 10-14. This new service, developed with…
NCL To Buy New Cruise Ship
Norwegian cruise operator NCL Holding has finalized financing for the construction of a new 2,012 passenger cruise liner similar to the recently delivered Norwegian Sky.
Roekke Loses Bid To Win Full Control Of Aker
Norwegian billionaire Kjell Inge Roekke failed to win full control of industrial holding firm Aker RGI after a controversial buyout bid valuing the group at $1.16 billion.
Prices Stay High As OPEC Plans To Maintain Curbs
Oil prices marched boldly along near 32-month highs last week after key OPEC exporters said output cuts should be kept in place until March next year. On Sept. 14…
Oil's Merger Year Leaves Some In The Lurch
TotalFina's European energy merger with Elf has tied up the rejuvenated oil sector's last obvious pairing but more marriages may still be on the cards. The revival…
Supreme Court Orders Review Of West Coast Tanker Rules
The proliferation of national, regional and local regulations which effectively dictate the design and outfitting of oceangoing ships are viewed with great disdain…
Norway Snuggles Up to Other Oil Producers
Norway, shocked by a collapse in oil prices last year to below $10 per barrel, has lifted contacts with other crude producing countries to unprecedented levels,…
Halter And Friede Goldman Amend Merger Terms
Halter Marine Group and Friede Goldman International have agreed to amend the terms of their proposed merger due to developments related to a contract dispute with a significant customer…
Y2K Clauses: Don't Promise Too Much
While charterparties are, to a large extent based on standard forms, they are also subject to the inclusion of many amendments and additional clauses. These clauses need to be scrutinized with care…
LISCR opens London office
Liberia International Ship & Corporate Registry (LISCR), the new operator of the Liberian Register, is to open a London office on October 1. Captain Tony Goddard…
OT Africa Line to be acquired by the Bollore Group
The Bollore Group has signed a contract with the aim of acquiring OT Africa Line, the British shipping line, and its landside network in Africa. The object of this…
Supreme Court Orders Review Of W. Coast Tanker Rules
INTERTANKO's long fight to overturn what it sees as unfair and damaging tanker legislation in the U.S. West Coast region is gaining ground, as on Friday, September 10, 1999, the U.S.
Parker Terminates Deal
Parker Drilling Company and Superior Energy Services, Inc., have jointly agreed to terminate their merger agreement, in which Parker was to acquire Superior in an exchange of stock.
FirstWave/Newpark Contracted for Drill Rig Upgrade
Schlumberger/Sedco Forex has contracted FirstWave/Newpark Shipbuilding for upgrades and maintenance work on the offshore semi-submersible drilling rig Bill Shoemaker.
Innovative Process for Drilling Planning
John E. Chance & Associates, Inc., of Lafayette, La., has developed an innovative process to capture a clearer picture of the ocean bottom and construction near a structure.
Elf, TotalFina Agree On Friendly Merger
French oil company TotalFina has reportedly agreed a friendly merger deal with Elf Aquitaine, bringing to an end their takeover fight and creating the world's fourth largest oil company.
Roekke Fails To Win Full Control Of Aker
Norwegian billionaire Kjell Inge Roekke failed to win full control of industrial holding firm Aker RGI after a controversial buyout bid that ended Sept. 10. Roekke…
Container Lines To Impose Surcharges
Container shipping lines operating on the Atlantic will reportedly start imposing surcharges to reflect rising bunker fuel costs. A bunker adjustment factor of $21…
