Thursday, January 04, 2001 Maritime News

Damaged Tanker Held By Coast Guard

Jan 04, 2001

A damaged tanker, Castor, carrying 29,000 tons of gasoline is being held outside Moroccan waters by the Coastguard, its Greek operator Athenian Sea Carriers said.

BDI Down Slightly

Jan 04, 2001

The Baltic Dry Index (BDI) shed two points to 1,594, the Baltic Panamax Index (BPI) gained five points to 1,573, the Baltic Handymax Index fell 32 points to 9,311

Frontline Buys Back Shares

Jan 04, 2001

Frontline has through market purchases executed January 3, 2001 bought back 257,300 of the Company's common shares. The shares have been bought back at a price of NOK 109.

Pakistan Gas Demand Expected To Double

Jan 04, 2001

Pakistan's demand for natural gas is anticipated to double by the year 2005, an increase which the country require an increase in gas imports, the state-run Sui Southern Gas Company (SSGC) said.

IHC Caland Wins Multiple Orders

Jan 04, 2001

IHC Caland NV won orders worth about $141.9 million. The orders include building a RoRo ferry for a French client, an offshore support vessel for a British firm,

Halter Marine Gets $400 Million Project For Egyptian Navy

Jan 04, 2001

Halter Marine has been chosen by the Egyptian Navy to construct four Ambassador MK III Fast Missile Patrol Craft (FMC). The vessels will be the continuation of the Ambassador Class Patrol Craft,

Coflexip Stena Offshore Continues Fleet Modernization

Jan 04, 2001

Coflexip Stena Offshore reported that its decision to take the vessel FlexService out of commission. The CSO fleet, which is known as one of the largest in the

Haji-Ioannou Considers Buying Osprey's Clean Tankers

Jan 04, 2001

Airline chief Stelios Haji-Ioannou's tanker company Stelmar has abandoned its bid for the First International fleet of clean tankers and is now reportedly considering

Festival Cruise Signs With MTN

Jan 04, 2001

Maritime Telecommunications Network, Inc. (MTN) signed a five-year agreement with Festival Cruises, Inc., effectively equipping the company's next two newbuilds,

Haji-Ioannou Considers Buying Osprey's Clean Tankers

Jan 04, 2001

Airline chief Stelios Haji-Ioannou's tanker company Stelmar has abandoned its bid for the First International fleet of clean tankers and is now reportedly considering

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