Thursday, November 04, 1999 Maritime News

Statoil Cuts Gas Estimates 10-20%

Nov 04, 1999

Statoil cut estimates of recoverable gas reserves at the Kvitebjoern prospect in the North Sea by 10 to 20 percent. The company said it and its partners -- Elf

Russian Oil Exports Plummet

Nov 04, 1999

Russian seaborne fuel oil exports from the main Black Sea and Baltic ports fell by 43 percent in October from the previous month, shipping inspector Petrak said.

Brazilian Oil Workers Plan Three-Day Strike

Nov 04, 1999

Brazilian oil workers will stage a three-day nationwide strike later this month in protest against stalled pay talks with state energy firm Petrobras. The leadership

Baltic Dry Index

Nov 04, 1999

The Baltic Dry Index (BDI), the successor to the Baltic Freight Index, was down 12 points on Thursday to 1,301 points. The Baltic Panamax Index was down 2 to 1,

Vopak, Worlds Largest Chem Shipping Company Born

Nov 04, 1999

Pakhoed NV and Van Ommeren - after years of toying with the idea of consolidation - have formally become the world's largest chemical shipping, tank storage and

Massoel S.A. Orders Three Bulk Carriers

Nov 04, 1999

Swiss shipowner Massoel S.A. reportedly has ordered three Handymax bulk carriers in cooperation with Norway's B Skaugen shipping group. The 46,000-dwt vessels are

FastShip Signs Cargo Agreement

Nov 04, 1999

FastShip has signed agreements for wholesale cargo commitments with international freight forwarders AEI Circle International, GeoLogistics and MSAS Global Logistics.

SeaJets Take Off For Grand Bahama Island

Nov 04, 1999

SeaJets, the Palm Beach-based Jetfoil will leave the Port of Palm Beach on November 6, inaugurated regular service of the jets into Grand Bahama Island. SeaJet

Zodiac Aids With New Self-Righting Design

Nov 04, 1999

Zodiac International has developed a new patented, self-righting technique to comply with the updated RoRo ferry liferaft regulations. Formulated by a team of technical engineers,

United States Lines Floats Again

Nov 04, 1999

American Classic Voyages has acquired one of the most storied and renowned names in the history of ocean-going passenger transportation - United States Lines -

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