Thursday, March 15, 2001 Maritime News

Increased power for the Sulzer RTA96C

Mar 15, 2001

Wärtsilä Corporation has increased the power outputs available from Sulzer RTA96C low-speed marine diesel engines by some four percent, and also added a 14-cylinder

Adsteam To Buy Howard Smith Ltd.

Mar 15, 2001

Australia's largest marine towage group Adsteam Marine Ltd. has agreed to buy Howard Smith Ltd's Australian and U.K. towage businesses for A$500 million. "The transaction

Japanese-Chartered Tanker Is Free To Leave

Mar 15, 2001

The Indonesian Supreme Court has ruled that a Japanese-charted oil tanker, held up by a local dispute, can leave the country but when was unclear, an official with the oil company involved said.

P&O Powers Through Poor News

Mar 15, 2001

Britain's Peninsular and Oriental Steam Navigation Co (P&O) shrugged off higher fuel costs and fears of a downturn in the United States to beat forecasts with a 12 percent rise in profits.

Vopak Sells Stake In Heavy Transport Group

Mar 15, 2001

Dutch-based chemical distribution and storage company Vopak NV said on Thursday it had sold one third of its 30 percent stake in unit Heavy Transport Group NV to unlisted Dutch partner Heerema.

ABS, DNV, LR Take Action

Mar 15, 2001

Three leading bodies responsible for surveying ships and verifying them as seaworthy launched an initiative on Thursday aimed at dispelling growing industry concern

Atlantic Rates Set To Move Higher

Mar 15, 2001

Panamax fixtures for end-March loading dates supported forecasts that Atlantic rates are set to move higher, shipbrokers said. But although the Capesize move to

World's Biggest Oil Platform May Sink

Mar 15, 2001

The world's biggest oil platform, owned by Brazil's state oil giant Petrobras, may sink, sending the death toll to 10 after two powerful explosions rocked the rig earlier Thursday,

Transas Awarded An Order For OOCL Container Ship Model

Mar 15, 2001

According to the order received from the global container transportation company, Orient Overseas Container Line (OOCL), Transas Marine will create a mathematical and visual model of the company's 75,

Leading Societies Launch Sweeping Safety Initiatives

Mar 15, 2001

American Bureau of Shipping, Det Norske Veritas and Lloyd's Register have developed a series of initiatives to further improve the safety of international shipping.

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