Tuesday, July 13, 1999 Maritime News

Petrobras Signs Oil Deal With Exxon, Kerr

Jul 13, 1999

Petrobras reportedly signed an exploration and development contract worth up to $1 billion with U.S.-based Exxon Corp. and Kerr-McGee Corp.

P&O Cruises Continues Positive Trend

Jul 13, 1999

Peninsular and Oriental Steam Navigation Co.’ cruises division saw a continuation in the second quarter of the strongly positive trend shown in the earlier part of the year.

Panama Canal Pilots Agree To Five-Year Contract

Jul 13, 1999

Panama Canal administrators and the waterway's most important human resource, the pilots, reportedly agreed on a five-year contract, ending 13 months of labor negotiations.

Baltic Border Deal Paves Way For Oil Search

Jul 13, 1999

The settlement of a drawn-out maritime border dispute between Latvia and Lithuania has reportedly set the stage for exploration of a potentially bountiful offshore oilfield.

 

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