Monday, September 13, 1999 Maritime News

Elf, TotalFina Agree On Friendly Merger

Sep 13, 1999

French oil company TotalFina has reportedly agreed a friendly merger deal with Elf Aquitaine, bringing to an end their takeover fight and creating the world's fourth largest oil company.

Roekke Fails To Win Full Control Of Aker

Sep 13, 1999

Norwegian billionaire Kjell Inge Roekke failed to win full control of industrial holding firm Aker RGI after a controversial buyout bid that ended Sept. 10. Roekke,

Container Lines To Impose Surcharges

Sep 13, 1999

Container shipping lines operating on the Atlantic will reportedly start imposing surcharges to reflect rising bunker fuel costs. A bunker adjustment factor of

Supreme Court To Review Washington Tanker Regulations

Sep 13, 1999

The U.S. Supreme Court has reportedly ordered a review of autonomous regulations imposed by the state of Washington on oil tanker operations. In 1995 the state imposed extra regulations on tankers,

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