Thursday, February 10, 2000 Maritime News

Shell Announces Strong Results

Feb 10, 2000

Oil giant Royal Dutch/Shell Group announced record fourth quarter profits, after a more than twofold jump in oil prices and as the benefits of its restructuring program continued to show through.

French Hook-Up Eyes Intl. Navy Market

Feb 10, 2000

French defense electronics group Thomson-CSF will form a joint venture with naval shipbuilder DCN, reportedly to better positioning itself to compete internationally

VLCC Scrapping Up

Feb 10, 2000

With intense international attention focused on older ships, many interested parties are waiting to see if the resultant pressure to utilize new tonnage will result in a scrapping/build boom.

Bulk Carriers Collide On Mississippi

Feb 10, 2000

The Panamanian bulk carrier El Flamenco and Liberian bulker China Spirit reportedly collided on the Mississippi River on February 4. The 70,046 dwt China Spirit was contacted by the El Flamenco (69,

Jamaican Cruise Port Development Steams Ahead

Feb 10, 2000

Managers of Jamaica's delayed Port Royal Development Project expect to begin construction by year-end on a cruise ship pier central to the restoration of the one-time "wickedest city on earth.

Seacor Smit To Acquire Boston Putford

Feb 10, 2000

Seacor Smit has signed a letter of intent to acquire all of the issued share capital of Putford Enterprises Ltd. and associated companies. Boston Putford’s standby safety vessels (SBSV),

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