Thursday, December 09, 1999 Maritime News

American V. Awarded Management Contract

Dec 09, 1999

American V. Ships, Mineola, N.Y., has been named the technical manager of three vessels to be chartered to the recently established Wallenius and Wilhemsen joint venture - Wallenius-Wilhemsen Line.

Friede Goldman Receives Conversion Project

Dec 09, 1999

Friede Goldman Offshore, the offshore energy division of Friede Goldman Halter, Inc., has been awarded a contract from Oceaneering International, for the shipyard

Samsung Wins FPSO Order

Dec 09, 1999

Samsung has been granted orders worth a combined $250 million from Nigeria and Australia. The company said it will construct a floating production and storage offloading

Keppel Hitachi Cuts Workforce

Dec 09, 1999

The recently completed sale of Keppel Marine Industries Limited's marine-related businesses to Keppel Hitachi Zosen for about $99.4 million has allowed Keppel to

Globe Wireless Establishes Communications Center

Dec 09, 1999

Globe Wireless released its Globe Communications Center (GCC), designed to streamline onboard messaging and data file transfers for commercial marine vessels. The GCC,

Leica Gets Smart With New Antenna

Dec 09, 1999

Leica Geosystems has added a new product to its line - a "smart" DGPS antenna - providing accurate position and velocity inputs to a laptop, or other system. A single integrated unit,

Germanischer Lloyd Gains Approval

Dec 09, 1999

In time for the effects of the Pressure Equipment Directive (PED) 97/23/EC, Germanischer Lloyd (GL) has been accredited by the Central Authority of the Laender

Hvide Marine Confirmation Expected

Dec 09, 1999

Hvide Marine Inc. stated that the U.S. Bankruptcy Court for the District of Delaware is expected to confirm the plan of reorganization proposed by the company in its Chapter 11 case on December 9.

Turner To Retire As General Dynamics President

Dec 09, 1999

James E. Turner will retire as president and COO of General Dynamics on January 15 - a position he has held since June 1997. Turner, who also led the company's Marine Systems Group since October 1995,

Abu Dhabi Forms Joint Fast Containership Line

Dec 09, 1999

Abu Dhabi Investment Company has established Abu Dhabi Container Lines Limited (ADCL) with Norasia Shipping Limited, Switzerland. The new venture will acquire and

UAE: $30 Barrel Will Not Trigger OPEC Action

Dec 09, 1999

The United Arab Emirates oil minister suggested in remarks published last Thursday that a brief spike in oil prices to $30 would not trigger a response by OPEC to raise output,

Saudi Arabia Will Fill Need Created by Y2K Problems

Dec 09, 1999

Saudi Arabia's stands ready to step in and replace any oil supplies that may be disrupted because of Y2K computer problems. " Saudi Arabia's unused oil production

NOL Shares Drop On Re-Rating Rumor

Dec 09, 1999

Shares of Neptune Orient Lines (NOL) fell almost seven percent in heavy trade on talk there was some re-rating of the stock following changes in the Morgan Stanley Capital International (MSCi) index.

USACE Details Mississippi River Lock and Dam Closures

Dec 09, 1999

Several locks and dams on the upper Mississippi River will be closed to all navigation from January to early March for maintenance and repairs, the U.S. Army Corps of Engineers (USACE) said.

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