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Jul 06, 1999
Kvaerner, which announced in April it was moving out of shipbuilding, reportedly rejected a bid by General Electric Co.'s shipbuilding and defense unit Marconi to buy its Govan shipyard.
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Jul 06, 1999
Nigeria's government reportedly cancelled the award of 16 oil-prospecting blocks by the military government, which stepped down in May.
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Jul 06, 1999
OPEC oil exporters are reportedly on course to wipe out surplus inventories of crude oil and petroleum products by the end of September, even before the start of peak winter demand.
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Jul 06, 1999
Tanker scrapping reportedly shot up while the disposal of bulk carriers diminished as the total deadweight tonnage of ships sold for demolition rose by five percent
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Jul 06, 1999
Pakhoed NV and Koninklijke van Ommeren reportedly plan to merge into a European powerhouse with $3.43 billion in annual sales.
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Jul 06, 1999
Panamax dry bulk carrier ship sales prices reportedly continued to improve last week and also climbed for well equipped Handymax ships.
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Jul 06, 1999
Orient Overseas Container Line (OOCL) and Wan Hai Lines Ltd. will reportedly operate a joint direct container shipping service directly between North China and the Middle East.
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Jul 06, 1999
Crude oil exports from the four leading ports in the former Soviet territories reportedly slipped to 1.28 million bpd in June from 1.445 million bpd in May.
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