Cuba Offers 59 Offshore Oil Blocks In Joint Venture
The Cuban government is reportedly offering 59 offshore oil blocks for joint venture projects with foreign companies as part of its bid to develop the local hydrocarbon…
Big Oil, Kuwait Close To Serious Upstream Talks
Big oil firms reportedly may start serious talks soon with Kuwait on upstream oil deals as the oil-rich Gulf state inches closer to opening up the prized sector.
No End In Sight For French Oil Battle
Market fears that the takeover battle between France's two largest oil companies could be prolonged reportedly increased when the market regulator failed to set…
Both Sides In U.S. Oil Trade Case Make Final Arguments
Both sides in a hotly-contested oil trade case reportedly made final efforts to sway the Department of Commerce, which will soon make public its decision on whether to proceed.
Aker Maritime, Aker RGI In Assets Deal
Aker Maritime is reportedly taking full control of Aker Geo from industrial holding company Aker RGI.
Container Ship Charter Rates Seen Surging In 2001
Container ship charter rates are reportedly set to recover from their current depression by 2001, according to shipping analysts.
International Shipholding, Seminole Settle Litigation
Seminole Electric Cooperative Inc. has reportedly paid $23 million for a settlement of shipping-related litigation with Central Gulf Lines Inc., a wholly owned subsidiary…
McCain Bill Promotes Cruise Ship Tourism Between U.S. Ports
Senator John McCain (R-AZ), Chairman of the Committee on Commerce, Science, and Transportation, introduced the U.S. Cruise Ship Tourism Development Act of 1999.
Astilleros Españoles To Construct Innovative Ferry For Transmediterranea
Astilleros Españoles was chosen as the builder of a new RoRo cargo and passenger fast ferry, by Transmediterranea, Spain's largest shipowner. Intended for deployment…
Kirby Buys Hollywood Marine, Triggers Debt Fears
Kirby Corp, the largest U.S. tank barge operator, recently agreed to buy Hollywood Marine Inc., an inland tank barge company based in Houston, Texas, for about $325 million.
Kirby Buys Hollywood Marine, TriggersDebt Fears
Kirby Corp, the largest U.S. tank barge operator, recently agreed to buy Hollywood Marine Inc., an inland tank barge company based in Houston, Texas, for about $325 million.
North Sea Output Reduced 70,000 bpd
Royal Dutch/Shell is said to have cut its North Sea oil output by 70,000 bpd after lightning cut power to a natural gas plant.
Oil Spill Update: Sabotage Ruled Out
Italy's Fratelli D'Amato SpA -- owners of a tanker that leaked 80,000 liters of oil into Sydney Harbor, reportedly have ruled out sabotage as an explanation of how…
Bender and Otto Candies Agree On Tugs
Bender Shipbuilding and Repair Co., and Otto Candies have signed a contract for three 150 ft. (45.7 m) Anchor Handling Tugs to be constructed by the Mobile, Ala., shipbuilding company.
Cory Towage Awarded Lithuanian Deal
Cory Towage has been granted a contract to provide a variety of marine services in the Baltic at the newly built import/export oil terminal at Butinge in Lithuania.
Celebrity Selects James P. Colie & Associates
James P. Colie & Associates will take on the refurbishment of several public spaces on Celebrity Cruises' Zenith, during the vessel's drydock at the Virginia locale…
Donjon Marine And Turkish Navy Team Up
Donjon Marine and the Turkish Navy entered into an agreement to tow four ex-U.S. navy frigates from the East Coast of the U.S. to Golcuk, Turkey. The first, ex-USNS Miller measuring 414 x 44 x 24 ft.
U.K. Hydrographic Office Extends Chart Coverage
The United Kingdom Hydrographic Office (UKHO) is extending its coverage of navigational charts into Norwegian national waters in cooperation with the Norwegian Hydrographic Service (NHS).
Carter Assumes Role As COO
Mark Carter has returned from the Thomas Miller Hong Kong office to assume his new role as COO in London, at the forefront of the service company behind the hull…
Ro-Clean Presents New Disc Skimmer
Ro-Clean Desmi has introduced a new disc skimmer for the recovery of floating oils - Ro-Disc, a high efficient skimmer for inland waters and industrial process applications…
