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Aug 09, 2000
South Korea's Daewoo Heavy Industries has received a letter of intent from Australia's New Castle Heavy Industry expressing interest in taking a stake in its shipbuilding unit.
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Aug 09, 2000
U.S. oil supply worries found fresh impetus on Tuesday after the American Petroleum Institute said that both crude oil and product stocks had fallen again -- hard
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Aug 09, 2000
COSCO International Holdings Ltd is engaged in talks to acquire COSCO Network Ltd., a global transportation, logistics and communications network, from its parent
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Aug 09, 2000
Britain's Cammell Laird plans to invest between five and $10 million as part of a bail-out package for Bulgaria's indebted Varna Shipyard. "Investments are aimed at upgrading production capacity.
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Aug 09, 2000
Occidental Petroleum Corp. said it was unable to load an oil tanker waiting at Colombia's main lifting terminal at Covenas because of back-to-back rebel bomb attacks
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Aug 09, 2000
The Panamanian-flagged bulker Flame was taken in tow by a salvage tug on August 8, after suffering main engine failure in the mid-Atlantic on August 4. The 29,212
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Aug 09, 2000
In announcing its first half results, Metra's - parent company of Wärtsilä NSD - President and CEO, Mr Georg Ehrnrooth, announced that he will retire from this position during this year.
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Aug 09, 2000
Metra's - parent company of Wärtsilä NSD - reported that its 2Q net sales were $663.6 million, comparable growth 19%. The profit before extraordinary items was $15.
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