Monday, February 07, 2000 Maritime News

Seized Tanker Awaits Unloading

Feb 07, 2000

A Russian oil tanker seized in the Gulf for what the U.S. said was the smuggling of Iraqi oil docked in Oman on Monday (today), and its cargo will be unloaded soon,

Erika Captain Says Tight Budgets Overrode Safety

Feb 07, 2000

The captain of the tanker Erika, which sank off France's west coast in December causing a huge oil spill, said crews had to work to such tight budgets that safety standards could not always be met.

Parker Drilling Reports $13M Loss

Feb 07, 2000

Tulsa-based Parker Drilling Company reported an unaudited loss for the fourth quarter of $13,353,000. This compares with a loss of $11,266,000 for the fourth quarter of 1998.

Sea Grant Panel Members Appointed

Feb 07, 2000

Commerce Secretary William M. Daley, has appointed three new members to the National Sea Grant Review Panel, the Commerce Department's National Oceanic and Atmospheric Administration said.

Stolt Comex Reports Results

Feb 07, 2000

Subsea contractor Stolt Comex Seaway S.A. reported results for the fourth quarter and the year ended Nov. 30, 1999. Net loss for the latest quarter was $1.5 million, on net operating revenue of $149.

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