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May 31, 2001
Northrop Grumman Corporation announced today that it has completed the acquisition of all shares of Litton Industries Inc. common stock not previously purchased
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May 31, 2001
Danish oil and shipping group A.P. Moeller's Svitzer tug and salvage unit said on Thursday it bought privately-owned Dutch Wijsmuller Group Holding for an undisclosed sum.
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May 31, 2001
A Nigerian dockers' union said on Thursday it had ordered a strike at Lagos' Apapa port after three men died, bringing the port to a standstill when it is struggling
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May 31, 2001
British aircraft engine maker Rolls-Royce Plc said on Thursday its order book had risen to a record 15 billion pounds ($21.3 billion) as the group added to its
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May 31, 2001
Exmar, the tanker division of Belgian shipping company CMB is reportedly in talks with Norway's Golar LNG to merge their liquified natural gas activities.
It
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May 31, 2001
Danish oil and shipping conglomerate A.P. Moeller hopes to resume some of its 120,000 bpd North Sea oil production, which was halted 11 days ago due to a gas explosion,
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May 31, 2001
A new and formidable player emerged in shipping's e-broking sector this week to challenge the previously undisputed market leader LevelSeas, which is still more
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May 30, 2001
Rolls-Royce plc, has further expanded its capabilities with the acquisition of German company INTERING GmbH for an undisclosed sum.
Rolls-Royce is now the only company able to offer tank stabilizers,
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May 30, 2001
Manpower Software plc (MSW) today announces the award of two contracts for the sale of its Maritime Crew Administration product to Royal Caribbean Cruises Limited (RCCL) and Sun Cruises Limited (SCL),
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May 30, 2001
North Sea tanker markets have tumbled further in the last few days to levels not seen in over a year, brokers said on Wednesday.
"The Aframaxes (80,000 tons) are definitely in trouble,
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May 30, 2001
Panamaxes for transatlantic round voyages fell to six-week lows on Wednesday as trade was limited by a series of European holidays in the month of May, brokers said.
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May 30, 2001
A leading maritime Flag of Convenience (FOC) has welcomed the United Arab Emirates' (UAE) decision to clamp down on the industry and has called for more regular
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May 30, 2001
General Dynamics Corp.'s contested $2.1 billion plan to take over Newport News Shipbuilding Inc. could stifle competition in U.S. warship building, a congressional analysis released Tuesday showed.
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May 30, 2001
Anglo-Norwegian engineering group Kvaerner said on Wednesday it had won a contract valued at 627 million crowns ($67.7 million) from Hamburg-based Oskar Wehr GmbH to build two containerships.
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May 30, 2001
Oceaneering International, Inc. announced that its Norwegian subsidiary, Oceaneering AS, has entered into a joint venture agreement with Det Norske Veritas (DNV)
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May 29, 2001
Petrobras put 12 offshore oil rigs back into operation on May 26 following a stoppage on two days earlier that was due to a second unexplained oil spill in a week, officials said.
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May 29, 2001
Norwegian Cruise Line canceled the weekly sailing of its ship Norway on Tuesday because of leaks in the fire sprinkler system, thwarting Caribbean vacation plans for more than 2,
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May 29, 2001
Carnival Corp said on Tuesday its growing cash holdings were spurring market speculation that the world's largest cruise group was on the acquisitions trail.
A
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May 29, 2001
Halter Marine, Inc., the vessels segment of Friede Goldman Halter, Inc., has been awarded a contract from the U.S. Army Tank and Automotive Command (TACOM) for
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May 29, 2001
Singapore's Osprey Maritime said on Monday it agreed to sell its liquefied natural gas (LNG) operations to new subsidiary Golar LNG for US$635 million as part of a restructuring exercise.
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