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Sep 03, 1999
Japan's Mitsui O.S.K. Lines Ltd. has ordered three Post-Panamax container ships for delivery between March and September 2001. The three ships, to be built by Japanese
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Sep 03, 1999
Sri Lanka Shipping Company Ltd. has reportedly said that it will not remove the wreck of a Turkish ship and its cargo of fertilizer, which authorities say may pollute the ocean.
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Sep 03, 1999
Bergesen d.y. Group has reportedly bought 3,758,005 of its own "A" voting shares and 829,400 "B" shares. Officials said the group acquired the A shares at $15.84 per share and the B shares at $16.
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Sep 03, 1999
Royal Caribbean Cruises Ltd. (RCCL) reportedly plans to market a proposed public offering of 10 million new shares of common stock. RCCL officials said the company
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Sep 03, 1999
Det Norske Veritas (DNV) opened the world's first virtual shipyard representing state-of-the-art within ship classification. Based on DNV's digital platform Nauticus,
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Sep 03, 1999
Royal Caribbean Cruises Ltd. chairman and chief executive officer Richard Fain plans to sell about $3.87 million of the company's stock, a Securities and Exchange Commission filing said.
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Sep 03, 1999
Passenger shipping firm Attica Enterprises signed an agreement with shareholders of Strintzis for the acquisition of an approximate 38 percent stake in Strintzis.
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Sep 03, 1999
The chief executive of Swedish ferry operator Stena Line AB shrugged off fears of losing sea travelers as fares rise and more bridges and tunnels are built, saying
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Sep 03, 1999
Exxon Corp. and Mobil Corp. have moved to address European Commission concerns about their merger in the natural gas sector in Germany and over an existing European
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Sep 03, 1999
TotalFina Chairman Thierry Desmarest said that relations with rival Elf Aquitaine had entered a more relaxed phase and said he would seek a friendly end to their takeover fight in the coming weeks.
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Sep 03, 1999
The list of high-level resignations at Venezuelan state oil giant Petroleos de Venezuela grew longer last week, with confirmation that David Escojido, the vice-president of project transformation,
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Sep 03, 1999
Thai Prime Minister Chuan Leekpai has denied reports the government plans to build a canal across southern Thailand, bypassing the busy Malacca Straits shipping lane,
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Sep 03, 1999
South Africa's Transport Minister Dullah Omar said the country's aviation and shipping industries will ride out any possible glitches caused by the millennium bug computer problem.
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Sep 03, 1999
The president of Royal Caribbean International toured ports of call in Alaska on Friday to apologize in person for the pollution of the state's waters by the cruise line's ships.
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Sep 03, 1999
21st Century Technologies Inc. has announced that a new product, the Sea Patch, has completed extensive testing by a major oil company.
This system, patented by Los Alamos National Laboratory,
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Sep 03, 1999
Shipping companies, criticized for being slow to modernize, are being targeted by information technology (IT) companies seeking a slice of a container management
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Sep 03, 1999
South African Marine Corp Ltd. (Safmarine) said that a court bid by another firm seeking its liquidation had been withdrawn and that the company would continue with business as usual.
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Sep 03, 1999
Sri Lanka is considering legal action against a local shipping firm if it does not remove the wreck of a Turkish ship that broke up while being towed ashore. Dhanapala Weerasekera,
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Sep 03, 1999
Good planning, and not super high technology is the key to fighting tanker oil spills, Ian White, managing director of London-based International Tanker Owners Pollution Federation Ltd.
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Sep 03, 1999
Coflexip Stena Offshore has announced that the board of directors of Coflexip approved the upgrade of the CSO Constructor which will allow the group to offer its
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