Wednesday, June 23, 1999 Maritime News

Ship Scrapping Knocked, But Alternatives Elusive

Jun 23, 1999

Government and environmental leaders reportedly criticized procedures for scrapping old ships, but offered few alternatives for improving the poor safety and environmental record of the industry.

Aker Maritime Wins Combisa Oilfield Deal

Jun 23, 1999

Aker Maritime reportedly won a deal from Mexican consortium Combisa to build the decks of three platforms for the Cantarell oilfield operated by Mexican state oil company Pemex.

Qatar Rasgas Starts LNG Exports, Ship Leaves For U.S.

Jun 23, 1999

Qatar-based Ras Laffan Liquefied Natural Gas Company (Rasgas) reportedly started its first gas exports, two months earlier than planned.

Frontline Buys More Of ICB

Jun 23, 1999

Frontline Shipiping reportedly bought additional shares in Swedish oil shipping company ICB Shipping AB in a battle for control.

Titanic Discoverer Makes Oldest Deep Sea Find

Jun 23, 1999

The team who found the wreck of the Titanic reportedly discovered two Phoenician ships off the coast of Israel 2,700 years after they sank with their cargo of wine.

Repsol/YPF Deal Leaves Few Argentine Owned Oil Companies

Jun 23, 1999

Repsol SA has reportedly merged with YPF SA, Argentina's largest company, leaving only a handful of oil firms still in Argentine hands.

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