Wednesday, September 13, 2000 Maritime News

Bouygues Shares Drop; Analysts Not Concerned

Sep 13, 2000

Shares in Bouygues Offshore fell more than three percent in early Wednesday trade after the French oil services firm posted a 42 percent fall in first half net profit to 18.

Marine Insurance Premiums Expected To Hit $12.7B

Sep 13, 2000

Marine insurance premiums are expected to total around $12.7 billion for 1998, and about $10.7 billion for 1999, Tore Forsmo, managing director of Norway's Central

BP Amoco To Update Mammoth GOM Oil Discovery Soon

Sep 13, 2000

BP Amoco Plc said it should be able to provide an update on its giant Crazy Horse deepwater oil discovery in the Gulf of Mexico when two appraisal wells are completed during the next couple of months.

Will There Be An Oil Tanker Shortage?

Sep 13, 2000

Kuwait's finance minister said it was unclear whether there would be enough crude oil tankers to lift additional supplies if producers bowed to consumer pressure for another rise in output.

Japanese Yards Form Alliance

Sep 13, 2000

Three major Japanese shipbuilders are forming an alliance on commercial vessels and ocean engineering to survive competition with South Korean shipyards. The three

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