Friday, March 24, 2000 Maritime News

P&O, Carnival Shares Begin Recovery

Mar 24, 2000

Shares in shipping operator Peninsular & Oriental Steam Navigation Co. moved to full speed ahead on Thursday, tracking a recovery course by U.S. cruise giant Carnival Corp.

Osprey Maritime Plans $70M Injection

Mar 24, 2000

Shipping group Osprey Maritime Ltd. plans a proposed $70 million injection of new equity together with a major restructuring, a company spokesperson reported. The

Bergesen To Buy LNG Carrier From Daewoo

Mar 24, 2000

Bergesen D.Y. ASA plans to buy a liquefied natural gas (LNG) carrier from South Korea's Daewoo Heavy Industries Ltd. for approximately $150 million, company officials said.

Carnival Earnings Warning Triggers Sell-Off

Mar 24, 2000

CCL 'Troubles' Continue, Despite Strong Business Model If it's darkest before dawn, than it is nearly daybreak at Carnival Corp. The company's stock price has

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