Friday, July 21, 2000 Maritime News

IMO OKs Ship Reporting System For English Channel

Jul 21, 2000

A new ship reporting system to help prevent collisions is being planned for the English Channel in the wake of the Erika tanker spill earlier this year, the International

PricewaterhouseCoopers To Advise BC Ferries

Jul 21, 2000

British Columbia Ferry Corp. (BC Ferries) has elected PricewaterhouseCoopers as its exclusive advisor and manager for the sale of the PacifiCat fast ferries. A

Two Shipbuilding Initiatives Receive Funding

Jul 21, 2000

The Office of Naval Research announced today the selection of two Shipbuilding Initiative projects to receive a combined total of $1 million of Navy funding. Industry

PricewaterhouseCoopers To Advise BC Ferries

Jul 21, 2000

British Columbia Ferry Corp. (BC Ferries) has elected PricewaterhouseCoopers as its exclusive advisor and manager for the sale of the PacifiCat fast ferries. A

Mideast Tanker Markets Continue Push Upward

Jul 21, 2000

Middle East tanker markets are revving up while North Sea rates have gone into overdrive, brokers said last week. Mideast VLCC freight rates climbed as Saudi August

Saudi Arabia To Boost Production 500K bpd

Jul 21, 2000

Saudi Arabia is poised to unilaterally boost its oil output by 500,000 barrels per day (bpd) by the end of August, industry sources said. The kingdom, the world's biggest oil producer,

Petronas Finds Oil Offshore

Jul 21, 2000

Malaysia's state-oil firm Petronas has discovered oil in the Samarang-Asam Paya production sharing contract (PSC) area offshore eastern Sabah state. Tests carried

Kvaerner Chief To Aker: Thanks, But No Thanks

Jul 21, 2000

Kvaerner's Chief Executive Kjell Almskog rejected any merger of Kvaerner Oil & Gas with offshore supply firm Aker Maritime. "That has not been and is not an issue on the agenda,

Spain Consolidation Creates Massive Shipbuilder

Jul 21, 2000

Spain's state holding company Sepi said it had created the world's 10th largest shipbuilder with annual sales of around $1.25 billion. The group, which formally begins in October,

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