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Jul 05, 2001
U.S. oil prices rose on Thursday, prompted by a hefty inventory draw last week, as traders shrugged off Iraq's announcement that it would soon restart exports.
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Jul 05, 2001
Mitsubishi Heavy Industries (MHI) has ordered water lubricated Thordon COMPAC propeller shaft bearing systems for two new cruise ships being built for Princess
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Jul 05, 2001
Internet ship-brokerage Levelseas went live this week, saying it would add functionality to allow cargo-owners and shipowners to trade with each other directly before October.
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Jul 05, 2001
Struggling shipbuilder Cammell Laird Plc, which has entered into receivership, is to cut a further 71 jobs in Britain on the back of over 600 previously announced redundancies.
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Jul 05, 2001
CP Ships Appoints Corporate Communications Director
Elizabeth Canna has been appointed CP Ships Director of Corporate Communications. She
reports to Jeremy Lee, Vice President, Investor Relations.
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Jul 05, 2001
Crowley Maritime Corporation veteran Steve Collar has joined Marine Transport Corporation as Vice President, Special Projects effective July 1. He is domiciled in Marine Transport's Weehawken,
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Jul 05, 2001
First Wave Marine, Inc. announced that it has filed with the U.S. Bankruptcy Court for the Southern District of Texas, a Plan of Reorganization in the Company's Chapter 11 proceeding.
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Jul 05, 2001
Schat-Harding has won an order to replace the winches on the lifeboat stations of 17 VLCCs owned by Vela International Marine Ltd, a subsidiary of Saudi Aramco.
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Jul 05, 2001
RINA has confirmed that, contrary to some reports, it is not responsible for fully certifying the cruise ship Ocean Glory 1, but is only responsible for classification of the vessel.
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Jul 05, 2001
Lawrence Graham says shipping companies caught up in disputes involving insolvency and receivership need not come away from the table empty-handed, provided the dispute is handled correctly.
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Jul 05, 2001
IZAR has been awarded a contract to build a 900,000bb FPSO (Floating, Production, Storage and Offloading) unit for Belgium's company Exmar Offshore. The unit is
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Jul 05, 2001
Exmar, CMB's gas tanker division, together with Mitsui O.S.K. Lines, confirms the long-term charter party with El Paso Corporation of two further liquefied natural gas (LNG) tankers,
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Jul 05, 2001
ABB, the leading innovator in podded propulsion systems, has struck a landmark deal to supply its new compact podded propulsion system on a semi-submersible drilling rig.
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