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Aug 06, 2001
Vacationers who booked a cruise on the luxury liner used by world leaders during last month's G8 summit were disappointed when the ship broke down at the weekend.
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Aug 06, 2001
South Korea's Hyundai Heavy Industries said on Monday it has won an $800 million order from Exxon Mobil, to build offshore oil producing facilities in Angola.
Hyundai
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Aug 06, 2001
Global mobile satellite communications company Inmarsat said on Monday it expected to launch a public offering of its shares (IPO) by year-end to raise money to pay off debt or to make acquisitions.
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Aug 06, 2001
The remnants of Tropical Storm Barry doused the Florida Panhandle and Alabama with heavy rains on Monday and threatened to bring floods and tornadoes as it headed inland, forecasters said.
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Aug 06, 2001
Panamax rates continued to weaken due to oversupply and limited cargoes on Monday, but owners were hopeful that the market was finding a floor, brokers said.
The
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Aug 06, 2001
Defense contractor General Dynamics Corp. on Monday said it agreed to acquire a division of wireless technology giant Motorola Inc. for $825 million, in a move
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Aug 06, 2001
Tropical Storm Barry veered away from oil and natural gas fields in the Gulf of Mexico on Sunday, but by that point the erratic tempest had already knocked a big dent in U.
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Aug 06, 2001
Norwegian shipping firm Star Reefers has agreed with Japan's NYK to create a new joint pool and marketing company owned 50 percent each. The new company will be called NYK Star Reefers Ltd.
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Aug 06, 2001
Istanbul's Bosphorus straits were closed to shipping for several hours on Monday to allow a massive pipeline laying platform owned by Saipem to pass through into the Black Sea,
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Aug 06, 2001
U.S.-based Hardy Exploration and Production (India) Inc. has revived a declining oil field off India's southern coast and increased its output by over 2,000 bpd.
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Aug 06, 2001
General Dynamics extended its pending tender offer for Newport News Shipbuilding Inc. as it waits for the U.S. government's decision on the proposed merger. General Dynamics,
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